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Built in 1977 - 52 units - 4 floors

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Building Information

Spencer Place

Number of units: 52
Active listings for rent: 0
Active listings for sale: 3
Building inventory for sale: 5%
Number of sales over the last 12 months: 2
Number of sales over the last 6 months: 2
Number of sales over the last 3 months: 2
Avg. time to close over last 12 months: 91 days

Address

505 Spencer Dr, West Palm Beach, Palm Beach, FL, 33409

Spencer Place Condominium
505 Spencer Drive # 1
West Palm Beach, FL 33409-3655
(561) 686-5092

Link: https://

Recent Sales

Unit # Size Closing Date Sale Price PPSF
207 1,081 sq ft Feb 2026 $165,000 $153
207 1,081 sq ft Feb 2026 $165,000 $153

Market Information

Building vs Area

Spencer Place: $182/sq. ft.
West Palm Beach: $544/sq. ft.

Area vs City

West Palm Beach $544/sq. ft.
Palm Beach $456/sq. ft.

Inventory for sale

West Palm Beach: 6%
Palm Beach: 6%

Avg. time to close over last 12 months

Spencer Place 91 days
West Palm Beach: 70 days
Palm Beach: 78 days