198 Lake Arbor Drive, Palm Springs FL 33461

For sale Days on market 172

$319,999

$260/sq ft

$5,001
Price Decreased

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198 Lake Arbor Drive, Palm Springs FL 33461

For sale Days on market 172

$319,999

$260/sq ft

$5,001
Price Decreased

Overview

Bedroom

Bath

Year Built

1978

Sqft

1232

Property Type

Townhouse

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.

Property Details

MLS#

B26013829

Unit Floor

Total Floor in Bldg

Address

198 Lake Arbor

City

Palm Springs

State/county

Zip/Postal Code

33461

Area

Lakewood Of Palm Springs

Country

United States

HOA

Yes

Assoc Fee

$283

Assoc Fee Pd

Monthly

Tax Amount

$2,389

Maint Fee

$--

Tax Year

2025

Gas Water Heater

Natural Gas Water Heater

Dishwasher

Dryer

Ice Maker

Microwave

Electric Range

Refrigerator

Washer

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