198 Lake Arbor Drive, Palm Springs, FL 33461
- $319,999
- 2
- BD
- 2
- BA
- 1,232
- SqFt
- List Price
- $319,999
- Status
- ACTIVE
- Days on Market
- 156
- Price Change
- ▼ $5,001 1779263658
- MLS#
- B26013829
- Subtype
- Residential
- Year Built
- 1978
- Bedrooms
- 2
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,232
- Acres
- 0.03
- Subdivision
- Lakewood Of Palm Springs
- Neighborhood
- PB19
- MLS Area Major
- 5660
Property Description
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.
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Additional Information
- Amenities
- Home Owners Association, Parking, Playground, Sidewalks, Street Lights
- Interior Features
- Dual Sinks, Pantry, Storage, Tub Shower, Upper Level Primary
- Exterior Features
- Balcony, Outdoor Living Area
- Taxes
- $2,389
- HOA Fee
- $283
- HOA Freqency
- Monthly
- Flooring
- Vinyl, Wood
- Appliances
- Dryer, Dishwasher, Electric Range, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Vented Exhaust Fan, Water Heater, Washer
- Heating
- Central
- Air Conditioning
- Central Air, Ceiling Fan(s), Electric
- Exterior Construction
- Brick, Block, Stucco
- Stories
- 2
- Levels
- Two
- Roof
- Mansard, Other, Shingle
- Parking Features
- Assigned, Guest
- Elementary School
- Meadow Park
- Middle School
- Conniston Community
- High School
- Forest Hill
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Listing courtesy of Gobin & Co., LLC.. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Simo Bouchikh | Email: Simosouthflorida@gmail.com