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198 Lake Arbor Drive, Palm Springs, FL 33461

Palm Springs
Local realty services provided by:CENTURY 21 World Connection
198 Lake Arbor Drive,Palm Springs, FL 33461
$319,999
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 1,232 sq. ft.
  • Townhouse
  • Active
Listed by: simo bouchikh
Office: gobin & co., llc.678-463-2079
MLS#:B26013829
Source:SEFMLS

Price summary

  • Price:$319,999
  • Price per sq. ft.:$251.18
  • Monthly HOA dues:$283

About this home

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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Home facts

  • Year built:1978
  • Listing ID #:B26013829
  • Updated:June 15, 2026 at 11:43 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:3
  • Flooring:Hardwood, Vinyl, Wood
  • Bathrooms Description:Dual Sinks
  • Kitchen Description:Dishwasher, Electric Range, Ice Maker, Microwave, Pantry, Refrigerator
  • Bedroom Description:Upper Level Primary
  • Living area:1,232 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1978
  • Building area:1,232 sq. ft.
  • Architectural Style:Two Story
  • Construction Materials:Block, Brick, Stucco
  • Exterior Features:Balcony, Fence, Open, Patio, Storm Security Shutters
  • Levels:1 Story

Schools

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

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$319,999
  • Price per sq. ft.:$251.18
  • Tax amount:$2,389 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Electric Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Balcony, Pantry, Smoke Detectors

Parking

  • Total parking spaces:2
  • Parking description:Assigned, Guest
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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