Spencer Place Condo in West Palm Beach
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Photo via Beaches MLS

Built fromLive Beaches MLS data25 years of closingsUpdated twice daily

As of September 2026, Spencer Place Condo in West Palm Beach, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $150,500, $147 per square foot, a median 73 days on market, sellers accepting 91% of original asking. Homes listed or recently sold were built 1977–1977; 7 of 7 report an HOA (median $771/mo); none of the 7 geocoded homes sit in a FEMA special flood hazard zone. At the median price and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $2,820 ($2,040 with the full homestead exemption).

Spencer Place Condo key facts
LocationWest Palm Beach, Palm Beach County, FL · ZIP 33409
Home types (current listings and sales)condos 100%
Amenities listed by sellersPool, Parking, Community Room, Elevator(s), Entry - Phone/Intercom, Security
Sale prices, last 12 months$150,500 median across 4 closed sales · $147 per sq ft
Days on market (closed sales)73 median
For sale right now3 active, 0 pending · median asking $145,000 · 9.0 months of supply

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. Market figures describe homes, not residents. Cite as: Momentum Realty, “Spencer Place Condo key facts,” movewithmomentum.com/neighborhoods/spencer-place-condo, data as of September 20, 2026.

Last 30 days in Spencer Place: 1 closed sale (median $149,000). As of September 26, 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.

Live · Spencer Place Condo Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$150K
Median sold · 12 mo
$147/sf
Sold $/sqft · 12 mo
peak $153 in 2022
91.5%
Sale vs ask
Tempo
9.0mo
Supply
3 to 6 months is the balanced band
73days
Median DOM · closed
11 days at the 2021 low
0%
Under contract
Palm Beach: 24% (3,201 of 13,341)
3 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 25 years of records
1,081sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Spencer Place Condo

Live MLS inventory for Spencer Place Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Spencer Place Condo listings as of 2026-09-26, priced high to low. 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. Tap any home to ask about it.

Every Home for Sale in Spencer Place Condo Right Now (3)

All 3 active and pending Spencer Place Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Spencer Place Condo is a small West Palm Beach condo community with a thin transaction history — only a couple of closings in the current window. With no shared amenities identified in the current listings, price here is driven almost entirely by the individual unit: its condition, floor, layout, and how it shows on the day it lists. That means comparable sales are scarce and each closing carries outsized weight in setting the next expectation.

For a buyer, the posture is do-your-homework: verify the association's financials, reserves, and any assessments before you fall for a unit, because there are no on-site amenities absorbing your monthly dues. For a seller, condition and presentation are the whole game — with few recent comps, an honest, well-prepared listing sets the market rather than following it.

Spencer Place Condo Housing Pulse · Momentum Research · as of September 20, 2026

Spencer Place Condo right now

🟢 Buyer-leaning market. 9.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 20, 2026. Confidence: Medium (3 active and pending listings, 4 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 27, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Spencer Place Condo market snapshot (as of September 20, 2026): the median sale price is about $150K ($147 per sq ft over the trailing 12 months of closed sales), a median 73 days on market for closed sales, and 9.0 months of supply, a buyer-leaning market.

In ZIP 33409 (West Palm Beach), 386 homes closed in the last 12 months at a median of $189K ($191/sq ft), down 8.4% year over year, with a median 67 days on market. Right now 102 active and 23 pending listings put supply at about 5.6 months — a buyer's market. See the live ZIP 33409 housing market and the Palm Beach County market.

BeachesMLS sales records identify 24 homes in Spencer Place Condo that have changed hands since 2010, built between 1977 and 1977 (median 1977), with a median living area of about 1,079 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

This is a compact condo community in central Palm Beach County with no amenities flagged in current MLS data, so value tracks the unit itself and the association behind it rather than any shared package.

Best for

  • Buyers prioritizing a West Palm Beach location and willing to trade shared amenities for it
  • Value-focused buyers ready to do full diligence on the association's finances
  • Owners seeking a lower-maintenance condo without amenity-heavy monthly dues

Probably not for

  • Buyers who want resort-style amenities like a pool or fitness center on site
  • Buyers who need a deep set of recent comparable sales to feel confident on price
  • Sellers expecting an amenity premium to lift the value

Windows contain 0 to 7 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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. Deemed reliable but not guaranteed.

Every sale since 2001 · price vs size
$0$50K$100K$150K1k1k1k
38 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 4 in the current window.
How much local inventory is already under contract

23% of homes for sale in ZIP 33409 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-27).

Spencer Place Condo Market Scorecard

Buyer-leaning

Spencer Place Condo is currently a buyer-leaning market. About 9.0 months of supply, a median asking price of $145,000, and homes go under contract in about 58 days.

9.0
Months supply
$145,000
Median list
$150,500
Median sold
$134
List $/sqft
58
Days on mkt
3/0/4
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Beaches MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Spencer Place Condo, West Palm Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 4 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-09-19)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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. Deemed reliable but not guaranteed.

Listing locations from Beaches MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Palm Beach County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Westward · Elementary
  • Bear Lakes · Middle
  • Palm Beach Lakes · High

Zoned schools reflect the assignments reported on recent Spencer Place Condo listings and can change; always confirm with Palm Beach County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Spencer Place Condo address.

If we were buying in Spencer Place Condo today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Place Condo.

Best Buy
Buyers who want a condo in central West Palm Beach and value location over shared amenities.
Biggest Risk
Thin transaction history makes pricing and future resale harder to read.
Sweet Spot
A well-maintained unit backed by a financially sound association.
Avoid If
You need a pool, gym, or clubhouse as part of the deal.

A unit-driven condo market

With no community amenities identified from current listings, Spencer Place competes on the fundamentals: the condition and layout of the actual unit, the health of the association, and the West Palm Beach location. There is no pool or clubhouse to justify a premium, which keeps the value proposition simple but also puts the burden on each individual unit to earn its price.

The transaction volume is light — a couple of closings in the tracked window — so pricing signals are limited. That thinness cuts both ways: it can create opportunity for a buyer who does the diligence, and it demands realistic pricing from a seller who cannot lean on a deep bench of recent comparables.

“

The location and the amenities are priced into every listing in Spencer Place Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small, thinly traded condo community like this, generic market averages mislead. We read the association documents, reserves, and assessment history alongside the handful of recent closings so you understand what you are actually buying — or what your unit can realistically command — rather than guessing from a nearly empty comp set.

Spencer Place Condo in 15 seconds.

Best forBuyers who want a condo in central West Palm Beach and value location over shared amenities.
Biggest advantageSimple, amenity-free dues and a location that carries the value.
Biggest riskThin transaction history makes pricing and future resale harder to read.
Sweet spotA well-maintained unit backed by a financially sound association.
Avoid ifYou need a pool, gym, or clubhouse as part of the deal.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Spencer Place Condos for Sale in West Palm Beach, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Spencer Place Condos for Sale in West Palm Beach, FL.
In short
  • HOA dues reported around $771/month (about $9,252/yr) · median of 45 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $771 per month ($9,252 a year) — the median AssociationFee across 45 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, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Spencer Place Condo sales matched to your home.

What is your Spencer Place Condo home worth?

Get a no-obligation home value based on real comparable sales in Spencer Place Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Spencer Place Condo?
The median sale price in Spencer Place Condo was $150K over the 12 months ending September 20, 2026 (4 closed sales, Beaches MLS).
How long do homes in Spencer Place Condo take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 73 days on market (4 sales, Beaches MLS).
Is Spencer Place Condo a buyer's or seller's market right now?
As of September 20, 2026, Spencer Place Condo leans toward buyers: 9.0 months of supply at the current sales pace (Beaches MLS live counts).
Who is the best real estate agent for Spencer Place Condo?
The best agent for Spencer Place Condo is one who actively works West Palm Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Spencer Place Condo.
How do I find a top West Palm Beach real estate agent who knows Spencer Place Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Spencer Place Condo and the wider West Palm Beach area.
Can Momentum Realty connect me with an agent for Spencer Place Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Spencer Place Condo purchase or sale - no call center and no pressure.
Where is Spencer Place, and what county is it in?
Spencer Place is in West Palm Beach, Palm Beach County, FL, ZIP 33409.
Buyers prioritizing a West Palm Beach location and willing to trade shared amenities for itExcellent fit
Value-focused buyers ready to do full diligence on the association's financesExcellent fit
Owners seeking a lower-maintenance condo without amenity-heavy monthly duesExcellent fit
Buyers who want resort-style amenities like a pool or fitness center on siteProbably not
Buyers who need a deep set of recent comparable sales to feel confident on priceProbably not
Sellers expecting an amenity premium to lift the valueProbably not

Data sources & freshness

Live listingsBeaches MLS, refreshed twice daily (last: September 26, 2026)
Community market statsBeaches MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesBeaches MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2001 (38 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.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Spencer Place with Momentum Realty’s local guides.

WGWest Gate Estts Northern0.6 mi awayPalm Beach Lakes0.6 mi awayWGWest Gate Estates Northern0.6 mi away · 510 homes, built 1924–25WGWest Gate Estates Northern0.6 mi away · median $398K, 4 sales/12 moTSThe Sterling0.7 mi awaySVSterling Villages Of Palm Beach Lakes0.7 mi away · 2 for sale

Browse all neighborhood guides →

Thinking of selling in Spencer Place Condo? 4 recorded closings; median 73 days on market (window ending 2026-09-20). See the Palm Beach County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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