$199,995
$15K PRICE DROP

Spencer Place Condominium 505 Spencer Dr Unit 1010 West Palm Beach, FL 33409

Palm Beach Lakes South Neighborhood

Estimated payment $1,981/month

Total Views 5,641
2 Beds
2 Baths
1,033 Sq Ft
$194 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Views
  • 1 Car Garage
  • Balcony
  • Central Heating and Cooling System
  • Dogs Allowed

About This Home

Beautifully remodeled 2 bedroom/2 bathroom unit with washer and dryer in a great location. Updated Floors, kitchen and bathrooms. Amenities include pool, and secured parking. Centrally located near good schools, restaurants, shopping centers and highways. Building does not have reserves but you can purchase the unit with 10% down using our finance company.

Listing Agent

Emil Lugo

Lugo Real Estate Group, LLC Brokerage Email: lugoreg@gmail.com License #3361838 Listed on: 02/12/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $765

Year Built

  • Built in 1977

HOA Fees

  • $861 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,033 Sq Ft Home
  • 4-Story Property
  • Dryer
  • Property Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434319140001010

Community Details

Overview

  • Low-Rise Condominium
  • Spencer Place Condo
  • Spencer Place Condo Subdivision

Amenities

  • Lobby
  • Elevator

Pet Policy

  • Dogs Allowed

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$765

Year Built

Built in 1977

Lot Details

0

HOA Fees

$861 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Property Sub Type: Condominium
  • Directions: Use GPS.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SPENCER PLACE CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Attribution Contact: lugoreg@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, First Floor Entry, Elevator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1033
  • Other Equipment: Elevator
  • Stories: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction, CBS Construction
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Spencer Place Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure

Condo/Co-op/Association

  • Association Fee: 861
  • Amenities: Elevator(s), Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 74434319140001010

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 765

Map

About Spencer Place Condominium

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $765 $73,561 -- --
2023 $3,144 $140,360 $0 $148,000
2022 $2,890 $127,600 $0 $0
2021 $456 $36,945 $0 $0
2020 $446 $36,435 $0 $0
2019 $433 $35,616 $0 $0
2018 $363 $34,952 $0 $0
2017 $326 $34,233 $0 $0
2016 $313 $33,529 $0 $0
2015 $313 $33,296 $0 $0
2014 $312 $33,032 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Price Changed $199,995 -7.0% $194 / Sq Ft
02/12/2025 02/12/25 For Sale $214,995 +2.4% $208 / Sq Ft
07/26/2023 07/26/23 Sold $210,000 0.0% $203 / Sq Ft
06/26/2023 06/26/23 For Sale $210,000 +110.0% $203 / Sq Ft
05/02/2023 05/02/23 Sold $100,000 -20.0% $97 / Sq Ft
03/23/2023 03/23/23 For Sale $125,000 -- $121 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Title 2 You
Warranty Deed $100,000 Home Partners Title Services
Warranty Deed $41,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,100 New Conventional
Previous Owner $10,000 Credit Line Revolving
Previous Owner $6,800 Credit Line Revolving
Previous Owner $51,000 Unknown
Previous Owner $28,700 New Conventional
Previous Owner $10,200 Credit Line Revolving
Previous Owner $28,700 New Conventional
Previous Owner $10,200 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11744012

MIAMI REALTORS® MLS

APN: 74-43-43-19-14-000-1010

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes South

505 Spencer Dr Unit 1010, West Palm Beach, FL

This home is located at 505 Spencer Dr Unit 1010, West Palm Beach, FL 33409 and is currently priced at $199,995, approximately $193 per square foot. This property was built in 1977. 505 Spencer Dr Unit 1010 is a home located in Palm Beach County with nearby schools including Westward Elementary School, Bear Lakes Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Emil Lugo
Section Image
Lugo Real Estate Group, LLC
(561) 285-0825