$315,000

198 LAKE ARBOR Drive, Palm Springs, FL 33461

2 beds |
2 baths |
1,232 sqft

Town Home
Built in 1978
1,307sqft lot
—— car garage
$256/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Date Added:: October 8, 2026
Data Last Updated:: November 12, 2026 at 8:30PM
Listing Office:: Gobin & Co., LLC. : 678-463-2079
Listing Agent:: Mohamed Bouchikh : 561-412-7591
MLS ID:: B26085874

General: Dual SinksPantryStorageTub ShowerUpper Level Primary
Appliances: DryerDishwasherElectric RangeGas Water HeaterIce MakerMicrowaveRangeRefrigeratorVented Exhaust FanWater HeaterWasher
Laundry: Gas Dryer HookupInsideIn BathroomMain LevelLaundry RoomIn Unit
Flooring: VinylWood
A/C: Central AirCeiling Fan(s)Electric
Heating: Central
Disability Feature: None

General: BalconyOutdoor Living Area
Other Structures: BalconyDeckPatioOpen
Parking: AssignedGuestParking spaces: 2

Roofing: MansardOtherShingle
General: BrickCBSConcreteBlockStructureBlockStucco2

HOA Amenities: PlaygroundParkingSidewalksCommon AreasInsuranceMaintenance GroundsTrash283.0Monthly
Originating MLS: BEACH_BEACH
County: Palm Beach

Zoning: RM (city)LAKEWOOD OF PALM SPRINGS TH PT OF TR B IN OR2732P1135 BEING UNIT 198 OF LAKEWOOD TOWNHOUSE PROJECT7043441754002198
Fencing: Back YardFencedGate

Utilities: Electricity ConnectedNatural Gas ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: BEACH_BEACH

This listing courtesy of Mohamed Bouchikh , Gobin & Co., LLC.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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