4 months on rocket

505 Spencer Dr Unit 207, West Palm Beach, FL, 33409

$199,000

Home List Price

$2,363*

Closing Credit

2 Bedrooms
2 Full Baths
1,081 SqFt
$184/SqFt
Condo

Location

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505 Spencer Dr Unit 207, West Palm Beach$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Garage - Building
Year Built1977
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewGarden
MLS #RX-11008280
StatusActive

About 505 Spencer Dr Unit 207

Beautifully remodeled 2 bedroom, two bath condo with a new washer/dryer unit. The building had a 2023 renovation and balconies are up to code. Beautiful view from balcony. Huge community pool with grill area. Covered lower level parking leads to secure gated entrance to elevator. 10 minutes to downtown and close to public transportation. Very private and quiet.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 4
  • Living Area: 1,081 SqFt

Listing Office:

  • Office Name: Creative Realty Concepts
  • Office Phone: (561) 301-2916
  • Listing Agent: Douglas G Avdellas

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Flooring Type: Laminate
  • Interior: Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Garden
  • Exterior: Covered Balcony, Screened Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Garage - Building

Virtual/3D Tour

  • Virtual Tour: 505 Spencer Dr Unit 207
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I95 to either Palm Beach Lakes or Okeechobee and go west to Spencer Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $184/SqFt

HOA Fees:

  • Amount: $727
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in West Palm Beach, FL.

Med. Sold Price

$399.4K

Med. Price/SqFt

$273

Avg. Days On Market

69

# of Sold Homes

188

505 Spencer Dr Unit 207 vs West Palm Beach

144 DAYS ON ROCKET

+75 Days

$199,000

-$200.4K Less

$184/SqFt

-$90 Less

KEY TAKEAWAY

This property is $200.4K less than the Median Sold Price and $90/SqFt less than other homes in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11008280

Listing Office:

  • Office Name: Creative Realty Concepts
  • Office Phone: (561) 301-2916
  • Listing Agent: Douglas G Avdellas

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,788

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-938731
3
/10
  • West Gate Elementary School

  • 1545 Loxahatchee Dr

  • 0.67 miles

  • Public District Grades EE-5

school-card-donut-938732
4
/10
  • Westwad Elementary School

  • 1101 Golf Ave

  • 1.61 miles

  • Public Magnet Grades PK-5

school-card-donut-938733
4
/10
  • Hope-Centennial Elementary School

  • 5298 Stacy St

  • 2.08 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,243. The majority of West Palm Beach, FL residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Spencer Dr Unit 207

What is the listing price of this property?

The listing price of 505 Spencer Dr Unit 207 property is $199,000.

What type of property is this?

The property 505 Spencer Dr Unit 207 is a condo located in West Palm Beach, Florida, 33409.

Is this property for sale now?

Active Listing: 505 Spencer Dr Unit 207 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 Spencer Dr Unit 207 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Spencer Dr Unit 207 is 1,081 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Spencer Dr Unit 207 is 1977.

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33409›505 Spencer Dr Unit 207

This home is located at 505 Spencer Dr Unit 207 in West Palm Beach, FL and zip code 33409 in the Palm Beach Lakes South neighborhood. This 1,081 square foot home was built in 1977. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $199,000.

In November 2024, from all listings sold in West Palm Beach, FL there were more than 17 sold above asking price, over 146 sold below and more than 25 were sold right at the asked price. Between October 2024 and November 2024, West Palm Beach, FL real estate market has seen increase in the number of listings by 11.1%. In November 2024, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $399,465.

From Rocket Homes Real Estate and based on county public records data.

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