LKV Realty
Logo
$319,999
$1,650Reward *
198 Lake Arbor Drive, Palm Springs, FL 33461Listing ID B26013829

198 Lake Arbor Drive, Palm Springs, FL 33461

Active
LAKEWOOD OF PALM SPRINGS
Time on site: 130 daysLast updated: Jun 15, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Townhouse
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,274
Acres
Acres
0.03
Days on Site
Days on Site
129
Cooling
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Heating
Central
Year Built
Year Built
1978
Stories
Stories
2
Parking
Parking
Assigned, Guest

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.

Property Information

Property Details

Location

Address
198 Lake Arbor Drive
County
Palm Beach
City
Palm Springs
Zip Code
33461
Subdivision
LAKEWOOD OF PALM SPRINGS
High School
Forest Hill
Elementary School
Meadow Park
MLS Area
5660

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
2

Building

Building Information

Square Feet
1,274
Year Built
1978
Stories
2
Construction
Brick, Block, Stucco
Roof
Mansard, Other, Shingle
Condition
Resale

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$2,389
Tax Year
2025

Homeowner Association

HOA Fee
$283
HOA Fee Frequency
Monthly
Gobin & Co., LLC., (678) 463-2079

Market Report for 33461

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: BeachesMLS
BeachesMLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.

For corrections to this data please contact Brytecore MLS Support.

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