198 Lake Arbor Drive, Palm Springs, FL 33461

Palm Springs
Local realty services provided by:Reliant Realty ERA Powered
198 Lake Arbor Drive,Palm Springs, FL 33461
$315,000
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 1,232 sq. ft.
  • Townhouse
  • Active
Listed by: mohamed bouchikh
Office: gobin & co., llc.
MLS#:B26085874
Source:RMLS

Price summary

  • Price:$315,000
  • Price per sq. ft.:$247.25
  • Monthly HOA dues:$283

About this home

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.

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Home facts

  • Year built:1978
  • Subdivision & Development:LAKEWOOD OF PALM SPRINGS
  • Listing ID #:B26085874
  • Added:1 day(s) ago
  • Updated:October 09, 2026 at 02:58 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Vinyl, Wood
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Living area:1,232 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Mansard, Other, Shingle
  • Year built:1978
  • Building area:1,232 sq. ft.
  • Construction Materials:Block, Brick, Stucco
  • Exterior Features:Deck, Open, Patio

Schools

  • High school:Forest Hill
  • Middle school:Conniston Community
  • Elementary school:Meadow Park

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$315,000
  • Price per sq. ft.:$247.25
  • Tax amount:$2,389 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:2
  • Parking description:Assigned, Guest
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