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198 Lake Arbor Drive

Palm Springs, FL 33461

MLS#: B26013829

$319,999

Status: Active
Listing number: B26013829
Listing provided by: Gobin & Co., LLC.
Listing agent phone: None
Last update: 8 days ago
On site: 2 months ago
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LAKEWOOD OF PALM SPRINGS - Residential

Property

Beds

2

Full Baths

2

1/2 Baths

None

Year Built

1978

Sq.Footage

1,232

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.

Features & Amenities

Interior

  • Other Interior Features

    Pantry, Storage

  • Total Bedrooms

    2

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    Breed Restrictions, Number Limit, Yes

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Block, Stucco

  • Other Exterior Features

    Balcony

  • Parking

    Assigned, Guest

  • Patio and Porch Features

    Deck, Patio

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

Price

  • Sales Price

    $319,999

  • Tax Amount

    $2,389.48

  • Sq. Footage

    1, 232

  • Price/SqFt

    $259

HOA

  • Association

    Yes

  • Association Fee

    $283

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Meadow Park

  • Middle School

    Conniston Community

  • High School

    Forest Hill

Property Features

  • Stories

    1

  • Association Amenities

    Playground, Parking

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Palm Beach

Elementary School

Meadow Park

Middle School

Conniston Community

High School

Forest Hill

Listing Courtesy of Simo Bouchikh , Gobin & Co., LLC.

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(954) 599-9056

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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.

198 Lake Arbor Drive

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