198 Lake Arbor Drive Palm Springs, FL 33461
2 Bedroom, 1,232 Sqft, Townhouse
AGENT'S REMARKS ABOUT 198 LAKE ARBOR DRIVE
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 bathroomsminimizing 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.$319,999
| Bedrooms | 2 |
| Bathrooms | 2 Full |
| Living Area | 1,232 SqFt |
| Lot Size | 1,124 SqFt |
| Year Built | 1978 |
| Private Pool | No |
| Subdivision | LAKEWOOD OF PALM SPRINGS |
| MLS# | B26013829 |
| Listing Status | Active |
| Days on Market | 2026-04-10 |
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PROPERTY DETAILS
- Property Type: Townhouse
- Approx Living Area: 1,232 SqFt
- Total Bedrooms: 2
- Bathrooms: 2 Full
- Year Built: 1978
- Lot Size: 1,124 SqFt
- Stories: 1
- Parking Type: Assigned, Guest
- Interior: Pantry, Storage
- Other Appliances: Gas Water Heater, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater, Washer, Range
- Flooring: Vinyl, Wood
- Roof: Mansard, Other, Shingle
- Age Restrictions: No
- Total Floors in Building: 1
- House Faces/Primary View: South
- Construction: Brick, Stucco, CBS
- Exterior Description: Balcony
- Cooling System: Central Air, Ceiling Fan(s), Electric
- Heating: Central
- Utility Information: Electricity Connected, Natural Gas Connected, Water Connected
- Furnished: Unfur
- Pets Allowed: Yes, B
- County: Palm Beach
- Area: 5660
- Subdivision: LAKEWOOD OF PALM SPRINGS
- Community Features: Playground, Parking, Sidewalks, Street Lights
- Age Restricted: No
- Security: Smoke Detector(s)
- Annual Property Taxes: $2,389
- Elementary School: Meadow Park
- Junior High School: Conniston Community
- High School: Forest Hill
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MAP LOCATION FOR 198 LAKE ARBOR DRIVE PALM SPRINGS, FL 33461
SIMILAR LISTINGS NEAR 198 LAKE ARBOR DRIVE
2 bd • 2 ba • 1,328 Sq Ft
2403 S Waterside Drive 2403 Lake Worth FL, 33461
Listing courtesy of Gobin & Co., LLC. 05.31.2026
If you are interested in this property at 198 Lake Arbor Drive or any other properties in Palm Springs please contact The Rucco Group at (561) 737-0366.