Spencer Lakes
Homes for Sale in West Palm Beach, FL
All 1,772 homes for sale in West Palm Beach, FL · median $325,000 · 172 homes for sale in 33407 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Beaches MLS
As of October 2026, the MLS records 15 closed sales in Spencer Lakes 2 in West Palm Beach, FL since 2015, the most recent in July 2026. Across West Palm Beach as a whole, 1,630 homes closed in the last 12 months at a median of $415,000, 59 median days on market, with 1,664 homes for sale today. At that median and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $7,770 ($6,990 with the full homestead exemption).
Spencer Lakes 2 sits in West Palm Beach with essentially no community infrastructure visible in current listings—no clubhouse, no pool, no recorded amenity layer. That makes this a location and home-condition play: buyers are paying for Palm Beach County access and whatever the individual parcel delivers, not a lifestyle package. Price is driven by square footage, updates, and lot, with little community premium baked in.
The lack of recorded amenities also means resale appeal hinges entirely on the fundamentals of your specific home and the strength of the West Palm market at the time you sell. If you need a community to do marketing work for you—a name buyers recognize, a pool they expect—this is not that. If you want a quiet residential address and plan to create value through the property itself, Spencer Lakes 2 offers a straightforward value proposition.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Spencer LakesHomes for Sale in West Palm Beach, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Spencer Lakes 2 is a West Palm Beach neighborhood with no identified shared amenities in the current MLS footprint—what you see is what the individual lot and home deliver, not a packaged community experience.
BeachesMLS sales records identify 59 homes in Spencer Lakes that have changed hands since 2001, built between 1978 and 2018 (median 1983), with a median living area of about 1,721 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Spencer Lakes is best for.
Best for
- Buyers who want proximity to West Palm Beach employment and retail without HOA amenity overhead
- Investors or owner-occupants who plan to create value through home improvements rather than rely on community comps
- Buyers with flexible space needs who care more about the lot and structure than shared facilities
Probably not for
- Buyers who expect a resort-style pool, fitness center, or social calendar as part of the purchase
- Households relying on community amenities to drive resale appeal in a competitive market
- Buyers who need the neighborhood name itself to carry marketing weight when it is time to sell
The market around Spencer Lakes
Spencer Lakes is too small for its own price trend, so here is the market around it.
In ZIP 33407, 262 homes are on the market and 37% are under contract — a fast-moving corner of West Palm Beach.
Across Palm Beach County, 10,140 homes are active and 3,201 pending (24% under contract).
In ZIP 33407 (West Palm Beach), 431 homes closed in the last 12 months at a median of $265K ($216/sq ft), up 2.1% year over year, with a median 58 days on market. Right now 94 active and 37 pending listings put supply at about 5.3 months — a buyer's market. See the live ZIP 33407 housing market and the Palm Beach County market.
ZIP and county figures describe the wider market, not Spencer Lakes specifically. Momentum Research analysis of MLS records.
The Spencer Lakes buying strategy.
If we were buying in Spencer Lakes today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Spencer Lakes.
A quiet address, not an amenity story
Spencer Lakes 2 functions as a residential enclave within West Palm Beach, but it does not present the clubhouse-and-pool template common to many Palm Beach County subdivisions. No community amenities are identified in current listings, which means buyers are purchasing home, lot, and location—period. This can be an advantage if you do not want to pay HOA premiums for facilities you will not use, or a disadvantage if you expected a turn-key community layer to enhance resale or daily life.
The name suggests a water feature or lake access, but MLS data does not confirm what that means in practice—whether it is a view amenity, a stormwater pond, or something buyers can use recreationally. If lake access or water views matter to your decision, confirm the specifics of your lot before you write the offer. What is clear is that this is not a gated, amenity-rich community competing on lifestyle; it is a West Palm address competing on home quality and location convenience.
That simplicity can work. Buyers who prioritize low fees, home customization, and proximity to West Palm's commercial and employment centers may find Spencer Lakes 2 delivers exactly what they need. But if you are comparing it to communities with recorded resort-style amenities, understand that you are comparing apples to something else entirely—and price that difference accordingly.
The location and the amenities are priced into every listing in Spencer Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Spencer Lakes 2 requires due diligence on what the community name actually includes—lake rights, HOA obligations, deed restrictions—and Momentum pulls that detail before you tour, not after you fall in love with a home. We will confirm what amenities exist, what fees apply, and how the neighborhood compares to similar no-frills alternatives in West Palm. When the community does not do the marketing work, the broker has to, and we price and position homes based on what is provably there, not what the name implies.
Spencer Lakes in 15 seconds.
Email me new listings in Spencer LakesHomes for Sale
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Spencer LakesHomes for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Spencer LakesHomes for Sale will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $30/month (about $360/yr) · median of 32 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $30 per month ($360 a year) — the median AssociationFee across 32 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Spencer Lakes buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Spencer Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Spencer Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Spencer Lakes home worth?
Get a no-obligation home value based on real comparable sales in Spencer Lakes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in West Palm Beach →
| Location | West Palm Beach, Palm Beach County, FL · ZIP 33407 |
|---|---|
| Homes in the community | 81 (FL DOR 2025 assessment roll) |
| Years built | 1979–2018 (median 1980) |
| Typical living area | 1,793 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 87% |
Data as of September 20, 2026. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Spencer Lakes key facts,” movewithmomentum.com/neighborhoods/spencer-lakes-2, data as of September 20, 2026.
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West Palm Beach guides & data
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Florida buyer guides
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Recent Developments in Spencer Lakes 2
Development, infrastructure, retail, and school activity affecting Spencer Lakes 2, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- September 2026Development
Palm Beach County approves $26M deal for 400-room second convention center hotel
Palm Beach County commissioners voted 6-1 to approve a $26 million deal with Related Ross for a 400-room hotel on land adjacent to the county convention center in downtown West Palm Beach. The county would buy the property and lease it back to the developer, and officials estimate about 650 permanent jobs, including roughly 255 hotel jobs. Construction could finish within three years.
What it may mean for the marketAdds hotel capacity and several hundred permanent jobs next to the downtown convention district, supporting nearby dining and retail demand. The site is about 6 miles north of Spencer Lakes 2.
Source: WPTV - September 2026Infrastructure
Palm Beach County approves one-year moratorium on large data centers in unincorporated areas
County commissioners unanimously approved the pause on September 24 after a first reading on August 27. It covers new applications for facilities expected to draw 50 megawatts or more at peak demand, with related parcels counted together. The pause lasts one year or until permanent rules are adopted.
What it may mean for the marketPauses large power-intensive facilities in unincorporated areas while permanent rules are written, which affects industrial land use and grid demand planning. The site is about 6 miles north of Spencer Lakes 2.
Source: Find Cheap Broadband - September 2026Parks & Amenities
$280M Palm Beach County parks bond on November ballot would fund fieldhouse, new parks and upgrades
The $280 million bond on the November 3 ballot would be repaid at 5 cents per $1,000 of taxable value over 20 years. Projects include a multisport fieldhouse at Okeeheelee Park, a 125-acre off-highway-vehicle complex near 20-Mile Bend, a 136-acre Sansbury Way Park and a 90-acre Lantana District I Park. The project list may change.
What it may mean for the marketIf approved, the bond would add and upgrade county recreation amenities, including indoor sports space near Okeeheelee Park. The site is about 7 miles west of Spencer Lakes 2.
Source: Stet News - September 2026Civic
Palm Beach County puts $175M library bond on November 3 ballot to replace Main Library
Voters will decide on November 3 whether to authorize a $175 million library bond. It would fund a roughly $150 million, 150,000-square-foot replacement for the 1972 Main Library on Summit Boulevard, renovations at 18 branches and completion of a 19th branch in Hypoluxo. The bond needs a simple majority.
What it may mean for the marketIf approved, the bond would upgrade public library facilities across the county's library taxing district and add a branch in Hypoluxo. The site is about 4 miles west of Spencer Lakes 2.
Source: Hoodline - August 2026Development
Construction progresses on 10 and 15 CityPlace office towers in downtown West Palm Beach
Related Ross is building two office towers in the CityPlace district totaling nearly one million square feet, including the 25-story 15 CityPlace. Both towers are scheduled for completion in 2027.
What it may mean for the marketRoughly one million square feet of new downtown office space expands the local employment base and daytime demand for nearby dining and retail. The site is about 5 miles north of Spencer Lakes 2.
Source: Florida YIMBY - July 2026Market
Palm Beach County Total Home Sales Jump for 10th Consecutive Month
Palm Beach County total home sales rose 22.3% year-over-year in June 2026 to 2,456 transactions, with total dollar volume up 53.90% to $2.7 billion. The single-family median sale price increased to $700,000 and the condominium median rose to $325,000.
What it may mean for the marketRising sales volume and median prices signal strengthening demand and higher valuations across the Palm Beach County housing market. The site is about 6 miles north of Spencer Lakes 2.
Source: MIAMI REALTORS
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
How many homes are in Spencer Lakes?
What share of Spencer Lakes is owner-occupied?
When were the homes in Spencer Lakes built?
Who is the best real estate agent for Spencer Lakes?
How do I find a top West Palm Beach real estate agent who knows Spencer Lakes?
Can Momentum Realty connect me with an agent for Spencer Lakes?
Where is Spencer Lakes, and what county is it in?
Should you buy in Spencer Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: October 26, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 33407)) |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2015 (15 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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