198 Lake Arbor Drive, Palm Springs FL 33461

Palm Springs, FL, 33461

$319,999

Property facts

Status
Active
Price
$319,999
Bedrooms
2
Bathrooms
2
Living area
1,232 sqft
Lot size
1,124 sqft
Year built
1978
Type
Townhouse
Furnished
Unfurnished
HOA fee
$283 / monthly
Days on market
163
On market
April 10, 2026
MLS #
B26013829

About this townhouse

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.

Explore the full Palm Springs market intelligence report — pricing trends, inventory & sales pace.

Listing courtesy of Mohamed Bouchikh, Gobin & Co., LLC., 678-463-2079. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.