198 Lake Arbor Dr

Palm Springs, FL 33461
  • $315,000

    Price
  • 2

    Bed
  • 2

    Bath
  • 1,232

    SqFt
  • 0.03

    Acre

About the Listing 279677982 - 276543545

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 Highlights for 198 Lake Arbor Dr

Status Active
Days on Site 27
Property Type Condo/Townhome
MLS ® B26085874
Year Built 1978
Total Square Footage 1,232
Lot/Acreage 0.03
County Palm Beach
Area 5660
HOA Dues 283/Monthly
Elementary School Meadow Park
Middle School Conniston Community
High School Forest Hill

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 Full
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Vented Exhaust Fan, Water Heater, Washer
  • Air Cond: Central Air,Ceiling Fan(s),Electric
  • Heating: Central
  • Fireplaces:
  • Floor: Vinyl,Wood
  • Basement:
  • Other: Unfurnished,Dual Sinks,Pantry,Storage,Tub Shower,Upper Level Primary,Pets Allowed
  • Water: Public

Exterior Details

  • Lot Description: < 1/4 Acre
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Zoning: RM (city)
  • Roof: Mansard,Other,Shingle
  • Others: Balcony,Outdoor Living Area
  • Sewer: Public Sewer
  • Parking Features: Assigned,Guest

Financial Details

  • Tax Amount: $2,389
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7043441754002198
  • Tax Year: 2025

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Listing Location

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198 Lake Arbor Dr Palm Springs, FL 33461

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Originating MLS: BEACH

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Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

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