Townhouse in Palm Springs, FL 33461
198 Lake Arbor Dr

Own in Palm Springs?
2
Beds
2
Baths
1,232
SqFt
$256
$/SqFt
Townhouse
Built in 1978
$283/mo HOA
Balcony
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.
MLS Number: B26085874
On Site: 4 Days
Updated: 3 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, OutdoorLivingArea
Interior, Heating and Cooling
  • Interior Features: DualSinks, Pantry, Storage, TubShower, UpperLevelPrimary
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, GasWaterHeater, IceMaker, Microwave, Range, Refrigerator, VentedExhaustFan, WaterHeater, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
  • Floor Description: Vinyl,Wood
  • Construction Type: Townhouse
  • Year Built: 1978
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: Meadow Park
  • Middle School: Conniston Community
  • Senior High School: Forest Hill
Other Property Info
  • Listing Date: 2026-10-08T12:35:12.000-00:00
  • Directions: South
  • Pets Allowed: BreedRestrictions, NumberLimit, Yes
Taxes, Fees & More
  • Maintenance Includes: CommonAreas, Insurance, MaintenanceGrounds, Trash
  • Taxes: 2389.48
  • Security Information: SmokeDetectors
  • Parking Description: Assigned,Guest
  • Total Floors in Building: 2

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Price History

Date
Event
Price
Change
Price Per
10/08/2026
Listed
$315K
 
$256 ft2
$2,752 m2
10/08/2026
$315K
Event
Listed
Price Per
$256 ft2
$2,752 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.

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Listing Location & Street View

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