198 Lake Arbor Drive, Palm Springs, FL 33461
- Beds
- 2
- Baths
- 2
- Sqft
- 1,232
- Home type
- Townhouse
- Year built
- 1978
- Lot size
- —
- Price / sqft
- $260
- HOA
- —
- Community
- LAKEWOOD OF PALM SPRINGS
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.
Listing activity
- Days on market
- —
- Listed
- —
- MLS listing updated
- Sep 9, 2026
- Feed last checked
- 14 minutes ago
Listed by Simo Bouchikh · Gobin & Co., LLC.
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 2
- Bathrooms
- 2
Property
Not reported by the listing source.
Construction
Type & style
- Home type
- Townhouse
- Year built
- 1978
Utilities & green energy
Not reported by the listing source.
Community & HOA
Community
- Subdivision
- LAKEWOOD OF PALM SPRINGS
Lease details
Not reported by the listing source.
Location
Area details
- City
- Palm Springs
- County
- Palm Beach
- ZIP code
- 33461
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- B26013829
Additional MLS details
Reported by the listing source
- Bathrooms Total Integer
- 2
- County Or Parish
- Palm Beach
- List Price
- 319999
- Living Area
- 1232
- Mls Status
- Active
- Postal Code
- 33461
- Property Sub Type
- Townhouse
- Property Type
- Residential
- Standard Status
- Active
- State Or Province
- FL
- Subdivision Name
- LAKEWOOD OF PALM SPRINGS
- Bedrooms Total
- 2
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Sep 9, 2026 | Price updatedBeachesMLS | $319,999$260/sqft |
Public tax history
—
Payment calculator
- Principal & interest
- $1,660
- Property taxes
- $480
- Insurance
- $160
- Association dues
- —
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
LAKEWOOD OF PALM SPRINGSPalm Springs · Palm Beach County · 33461
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
Not reported by the listing source.
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.Nearby homes
12 homes
Similar homes
12 homes
Property photos coming from MLS
