Spencer Place
Condos for Sale in West Palm Beach, FL
All 1,719 homes for sale in West Palm Beach, FL · median $319,000 · 865 condos for sale in West Palm Beach · 118 homes for sale in 33409 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Beaches MLS
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).
| Location | West Palm Beach, Palm Beach County, FL · ZIP 33409 |
|---|---|
| Home types (current listings and sales) | condos 100% |
| Amenities listed by sellers | Pool, 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 now | 3 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.
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 · 138 daysTop listing
Active · 56 daysActive 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.
- 505 Spencer Drive #407 · $145,000 · 2 bd / 2 ba · listed Jul 26, 2026 · listed by Paradise Real Estate Intl
- 505 Spencer Drive #315 · $129,000 · 2 bd / 1.5 ba · listed Jul 24, 2026 · listed by LoKation
- 505 Spencer Drive #211 · $149,900 · 2 bd / 2 ba · listed Jun 27, 2026 · listed by The Keyes Company

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 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.
The setting & the homes.
Aerial and on-site photos of Spencer Place Condo. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Beaches MLS listings in Spencer Place Condo; content deemed reliable but not guaranteed.
Who Spencer Place Condo is best for.
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
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($150K) IS the median in the snapshot above.
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.
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
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.
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.
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.
Spencer Place Condo on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Beaches MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- 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.
Shop the zone: Homes zoned for Palm Beach Lakes High School
The Spencer Place Condo buying strategy.
If we were buying in Spencer Place Condo 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.
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.
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 Place Condo.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Spencer Place Condo 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 Place Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Spencer Place Condo, 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 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.
See all homes for sale in West Palm Beach →
Frequently Asked Questions
What is the median home price in Spencer Place Condo?
How long do homes in Spencer Place Condo take to sell?
Is Spencer Place Condo a buyer's or seller's market right now?
Who is the best real estate agent for Spencer Place Condo?
How do I find a top West Palm Beach real estate agent who knows Spencer Place Condo?
Can Momentum Realty connect me with an agent for Spencer Place Condo?
Where is Spencer Place, and what county is it in?
Should you buy in Spencer Place Condo?
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: September 26, 2026) |
| Community market stats | Beaches MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-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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See how Spencer Place Condo fits the bigger picture — live prices, inventory, and Momentum Scores:
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