$325,000

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
$264/sqft
Listed 11 days ago

Property Description

Great opportunity for investors to add a performing rental to your portfolio! This well-maintained 2/2 townhome is currently tenant-occupied, providing immediate cash flow at closing. The home has been fully updated with a new roof, AC, flooring, fresh paint, updated bathrooms, and a new electric panel. The modern kitchen features white cabinetry, butcher block countertops, and stainless steel appliances. Additional highlights include a fenced front patio, accordion hurricane shutters, low HOA, community playground, walking paths, and two assigned parking spaces.

Listing Status:: Active
Date Added:: April 10, 2026
Data Last Updated:: April 21, 2026 at 7:19AM
Listing Office:: Gobin & Co., LLC. : 678-463-2079
Listing Agent:: Simo Bouchikh : 561-412-7591
MLS ID:: B26013829

General: Dual SinksPantryStorageTub ShowerUpper Level Primary
Appliances: DryerDishwasherElectric RangeGas Water HeaterIce MakerMicrowaveRangeRefrigeratorVented Exhaust FanWater HeaterWasher
Laundry: Gas Dryer HookupInsideIn BathroomMain LevelLaundry RoomIn UnitWasher Dryer Install Allowed
Flooring: VinylWood
A/C: Central AirCeiling Fan(s)Electric
Heating: Central

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

Roofing: MansardOtherShingle
General: BrickBlockStucco2

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 PROJECT70434417540021980
Fencing: Back YardFencedGate

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

Source: BEACH_BEACH

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

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Meadow Park Elementary School

956 S Florida Mango Rd, West Palm Beach, FL, 33406

Grades PK-5

1.85 miles away

Pace Center for Girls

1640 S Congress Ave, Palm Springs, FL, 33461

Grades 6-12

0.30 miles away

Pace Center for Girls

1640 S Congress Ave, Palm Springs, FL, 33461

Grades 6-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.