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198 LAKE ARBOR Drive, Palm Springs, Florida 33461

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Active For Sale
$315,000
  • Beds 2
  • Baths 2
  • Sq Ft 1,232 Sqft
  • Visits: 1 in 5 days

Description

Tenant-occupied with a lease through March 2027! Turnkey 2-bed, 2-bath townhome offering immediate rental income and a strong investment opportunity. Major capital improvements have already been completed, including a new roof, AC system, electric panel, flooring, fresh interior paint, and renovated bathrooms. The upgraded kitchen features white shaker cabinetry, butcher block countertops, and stainless steel appliances. Additional highlights include low HOA fees, accordion hurricane shutters, a fenced front patio, and two assigned parking spaces. Ideal for investors seeking a stabilized, income-producing property with strong rental appeal and minimal deferred maintenance.

Features

  • Heating System: Central
  • Cooling System: Electric, Central Air, Ceiling Fan(s)
  • Fence: Fenced, Back Yard, Gate
  • Patio: Balcony, Deck, Open, Patio
  • Parking: Assigned, Guest

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Ice Maker, Gas Water Heater, Water Heater, Range, Vented Exhaust Fan

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: Palm Springs
  • Subdivision: LAKEWOOD OF PALM SPRINGS
  • Zipcode: 33461
  • Street: LAKE ARBOR
  • Street Number: 198
  • Street Suffix: Drive
  • Floor Number: 0
  • Longitude: W81° 55' 5''
  • Latitude: N26° 38' 11.9''
  • MLS Area: 5660

MLS Addon

  • Accessibility Features: No
  • Association Amenities: Playground, Parking, Sidewalks
  • Association Fee: $283
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Maintenance Grounds, Trash, Insurance
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Elementary School: Meadow Park
  • Exterior Features: Balcony, Outdoor Living Area
  • Fireplaces Total: 0
  • Flooring: Wood, Vinyl
  • Garage Spaces: 0
  • High School: Forest Hill
  • Insurance Expense: $0
  • Interior Features: Dual Sinks, Upper Level Primary, Pantry, Tub Shower, Storage
  • Laundry Features: Inside, Laundry Room, In Unit, Main Level, Gas Dryer Hookup, In Bathroom
  • Levels: Two
  • Lot Features: < 1/4 Acre
  • Middle Or Junior School: Conniston Community
  • New Taxes Expense: $0
  • Stories: 2
  • Stories Total: 2
  • Tax Annual Amount: $2,389
  • Utilities: Electricity Connected, Water Connected, Natural Gas Connected
  • Zoning: RM (city)

Location

Listing Updated: 2026-10-11 12:27:41

  • Property Type : Townhouse
  • Property Sub Type : Townhouse
  • Listing Type : For Sale
  • Listing ID : B26085874
  • Price : $315,000
  • View : Golf Course,Pond
  • Bedrooms : 2
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 1,232 Sqft
  • Year Built : 1978
  • Lot Area : 0.03 Acre
  • Listing Status : Active
  • Days On Market : 4
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