$315,000

For sale

198 LAKE ARBOR Drive, Palm Springs FL 33461

2 beds2 baths1,232 sq ftBuilt 1978MLS# B26085874

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About this property

Tenant-occupied with a lease through March 2027! Turnkey 2-bed, 2-bath townhome offering immediate rental income and a strong investment opportunity. Major capital improvements have already been completed, including a new roof, AC system, electric panel, flooring, fresh interior paint, and renovated bathrooms. The upgraded kitchen features white shaker cabinetry, butcher block countertops, and stainless steel appliances. Additional highlights include low HOA fees, accordion hurricane shutters, a fenced front patio, and two assigned parking spaces. Ideal for investors seeking a stabilized, income-producing property with strong rental appeal and minimal deferred maintenance.

Property details

Property type
Townhouse
Year built
1978
Living area
1,232 sq ft
Price per sq ft
$256
HOA fee
$283/mo
Property taxes
$2,389/yr
Parking
2 spaces
Building / community
Lakewood Of Palm Springs
Status
For sale
MLS #
B26085874

Listing courtesy of Gobin & Co., LLC..

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