Spencer Place Condominium 505 Spencer Dr Unit 1010 West Palm Beach, FL 33409
Palm Beach Lakes South Neighborhood
2
Beds
2
Baths
1,033
Sq Ft
$593/mo
HOA Fee
Highlights
- Water Views
- Fitness Center
- Guest Parking
- Community Cabanas
- Game Room
- Central Air
About This Home
As of July 2023Great Investor opportunity or individual who wants to start with a clean slate in a perfect central WPB location, only minutes to Downtown WPB/city Place/ Rosemary Square, Palm Beach Outlets, beaches, fine & casual dining, hospitals, shops & markets, I-95 & PBI airport, Train Station for Brightline & Amtrak. SOLD AS-IS. New roof (2021). Condo fees includes: cable, water, common grounds, elevator, insurance building, janitor, lawn care, exterior maintenance, pool, roof maintenance, trash removal. Covered parking, gated entrance for privacy & security. All Special Assessments are FULLY-PAID already by seller. No lease for first 2 years of ownership.
Last Agent to Sell the Property
Illustrated Properties LLC (We License #3377399 Listed on: 03/23/2023
Property Details
Home Type
- Condominium
Year Built
- Built in 1977
HOA Fees
- $593 Monthly HOA Fees
Parking
- 1 Car Garage
- Guest Parking
- Assigned Parking
Home Design
- Fixer Upper
- Brick Exterior Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,033 Sq Ft Home
- 4-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Water Views
- Washer and Dryer
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Heating Available
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434319140001010
Community Details
Overview
- Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), roof, trash, water
- Spencer Place Condo Subdivision
Amenities
- Game Room
- Elevator
Recreation
- Fitness Center
- Community Cabanas
Security
- Phone Entry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2023
Closed on
Jul 26, 2023
Sold by
Pyramid Classics Inc
Bought by
Alayon Dianelys Carballo
Seller's Agent
Jairo Martinez
Charles Rutenberg Realty FTL
List Price
$210,000
Sold Price
$210,000
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.99%
Purchase Details
Listed on
Mar 23, 2023
Closed on
Apr 28, 2023
Sold by
Robinson John S
Bought by
Pyramid Classics Inc
Seller's Agent
Maria Giuliano
Illustrated Properties LLC (We
Buyer's Agent
Jairo Martinez
Charles Rutenberg Realty FTL
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Views
55
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2417.41%
Purchase Details
Closed on
Aug 1, 2000
Sold by
Wells Louis L and Wells Sarah
Bought by
Robinson John S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,700
Interest Rate
8.23%
Mortgage Type
New Conventional
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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: BeachesMLS
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
E
Seller's Agent in 2025
Emil Lugo
Lugo Real Estate Group, LLC
(305) 342-1985
60 Total Sales
-
J
Seller's Agent in 2023
Jairo Martinez
Charles Rutenberg Realty FTL
(954) 396-3001
2 in this area
8 Total Sales
-
Seller's Agent in 2023
Maria Giuliano
Illustrated Properties LLC (We
(561) 460-3679
1 in this area
45 Total Sales
About Spencer Place Condominium
Map
Source: BeachesMLS
MLS Number: R10876001
APN: 74-43-43-19-14-000-1010
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