198 Lake Arbor Drive, Palm Springs, FL 33461

$319,999
2
BD
2
BA
1,232
SqFt

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List Price
$319,999
Price Change
▼ $5,001 1779263658
Days on Market
112
MLS#
B26013829
Bedrooms
2
Full Bathrooms
2
Sq. Ft
1,232
Subtype
Townhouse
County
Palm Beach
Subdivision
Lakewood Of Palm Springs
Year Built
1978

Property Description

Turnkey investment opportunity with immediate rental income! This updated 2-bed, 2-bath townhome is tenant-occupied, offering instant cash flow from day one. Major capital improvements have already been completed, including a new roof, AC system, electric panel, flooring, fresh interior paint, and renovated bathrooms—minimizing future maintenance costs for investors. The upgraded kitchen features white shaker cabinetry, butcher block countertops, and stainless steel appliances, adding strong tenant appeal. Additional highlights include low HOA fees, accordion hurricane shutters for storm protection, a fenced front patio & two assigned parking spaces. Ideal for investors seeking a stabilized, income-producing property with strong rental appeal and minimal deferred maintenance.

Additional Information

Hoa
Yes
Hoa Amount
283
Pets Allowed
Breed Restrictions, Number Limit, Yes
Construction
Brick, Block, Stucco
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Vinyl, Wood
Furnished
Unfurnished
Heating
Central
Restrict
NoBoats, NoCommercialVehicles, NoMotorcycles, NoRv, NoTruck
Roof
Mansard, Other, Shingle
Security
Smoke Detector(s)
Taxes
$2,389
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Unit Floor
2
Amenities
Home Owners Association, Parking, Playground, Sidewalks, Street Lights
Waterfront
None
Stories
2
Acres
0.03
Price Per Sqft
$259
Elementary School
Meadow Park
Middle School
Conniston Community
High School
Forest Hill

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Calculator source: Real Geeks

Listing courtesy of Gobin & Co., LLC.. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Simo Bouchikh | Email: Simosouthflorida@gmail.com