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198 Lake Arbor Drive

Palm Springs, FL 33461
  • $319,999
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: B26013829
UPDATED: 93 min ago
$319,999
  • 2
    BEDS
  • < 1/4 Acre
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,232
    SQFT
  • $260
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1978
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2026-08-10T23:32:38.05.
www.bettersouthfloridahomes.com/homes/175049670
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198 Lake Arbor Drive Palm Springs, FL 33461

  • Price: $319,999
  • Status: Active
  • On Site: 122 Days
  • Updated: 93 min ago
  • MLS #: B26013829
2
Beds
2
Baths
0
½ Baths
< 1/4 Acre
Acres
1,232
SQFT
$260
$/SQFT
1978
Built
Neighborhood:
Lakewood Of Palm Springs
County:
Palm Beach
Area:
Palm Springs
Elementary School:
Meadow Park
Middle School:
Conniston Community
High School:
Forest Hill
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.
Exterior Features

Carport YN No Construction Materials Brick Block Stucco Covered Spaces 0 Entry Level 2 Exterior Features Balcony Outdoor Living Area Garage YN No Parking Features Assigned Guest Parking Total 2 Patio And Porch Features Deck Open Patio Balcony Pool Private YN No Roof Mansard Other Shingle

Interior Features

Appliances Dryer Dishwasher Electric Range Gas Water Heater Ice Maker Microwave Range Refrigerator Vented Exhaust Fan Water Heater Washer Building Area Total 1274 Cooling Central Air Ceiling Fan(s) Electric Cooling YN Yes Fireplace YN No Flooring Vinyl Wood Furnished Unfurnished Heating Central Heating YN Yes Interior Features Dual Sinks Pantry Storage Tub Shower Upper Level Primary Laundry Features Gas Dryer Hookup Inside In Bathroom Main Level Laundry Room In Unit Levels Two Main Level Bathrooms 1 Main Level Bedrooms 0

Property Features

Association Amenities Playground Parking Sidewalks Association Fee 283 Association Fee Frequency Monthly Association Fee Includes Common Areas Insurance Maintenance Grounds Trash Association YN Yes Community Features Home Owners Association Street Lights Direction Faces South Fencing Back Yard Fenced Gate Listing Terms Cash Conventional1031 Exchange FHA Lot Features < 1 /4 Acre New Construction YN No Occupant Type Tenant Pets Allowed Breed Restrictions Number Limit Yes Pets Comments Other Pet Restrictions:40lbs max Property Condition Resale Property Sub Type Townhouse Property Sub Type Additional Townhouse Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Stories 2 Stories Total 1 Tax Annual Amount 2389.48 Tax Year 2025 Utilities Electricity Connected Natural Gas Connected Water Connected Water Source Public Waterfront Features None Waterfront YN No

Listing provided courtesy of Gobin & Co., LLC.: . Listing information © 2026 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2026-08-10T23:32:38.05.
 
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United Realty Group
975 N. Nob Hill Rd.
Plantation FL, 33324