- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes
$315,000
Monthly Est:$1,568
2 Beds
- 2 Baths
2 full baths
1,232sqft
198 Lake Arbor Dr, Palm Springs, FL 33461
$315,000
$1,568/moEst:
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Townhouse
Built in 1978
$283/mo HOA
1,306.8 sqft lot
$256/sq.ft
Description
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.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 8, 2026 at 8:52 pm
- Listing Provided by: Simo Bouchikh DRE #3396560 | Gobin & Co., LLC. (678) 463-2079
- Source: Beaches MLS-FL | MLS#: B26085874

Property Details
Status
Active
Type
Townhouse
No. of Stories
2
County
City
Neighborhood
--
Year Built
1978
HOA Fees
$283/mo
Finished Area
1,232 sqft
Lot Size
1,306.8 sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
B26085874
MLS Status
Active
Days on Market
1

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Location
HOA Management
N/A
HOA Fees
$283/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Parking
Trash Pickup
Insurance
Maintenance
Park Playground
Walk path
CommonAreas
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
PrimaryBedroom
Level: Upper
Area: 0.00 Square Feet
Dimensions: 0 X 0
Kitchen
Level: Main
Area: 0.00 Square Feet
Dimensions: 0 X 0
LivingRoom
Level: Main
Area: 0.00 Square Feet
Dimensions: 0 X 0
Interior
Flooring
Vinyl, Wood
Interior Features
Dual Sinks, Pantry, Storage, Tub Shower, Upper Level Primary
Sewer
Public Sewer
Appliances
Dryer, Dishwasher, Electric Range, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Vented Exhaust Fan, Water Heater, Washer
Exterior Features
Balcony, Outdoor Living Area
Heating
Central
Cooling
Central Air, Ceiling Fans, Electric
Construction
Year Built
Year Built: 1978
Home type
Townhouse
Property Condition
Resale
Roof
Mansard, Other, Shingle
Construction Materials
Brick, Cbs Concrete Block Structure, Block, Stucco
Utilities & Energy
Security Features
Smoke Detectors
Parking Features
Assigned, Guest
Association Amenities
Playground, Parking, Sidewalks
Laundry Features
Gas Dryer Hookup, Inside, In Bathroom, Main Level, Laundry Room, In Unit
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Water Source
Public
Other Features
Community Features
Home Owners Association, Street Lights
Patio And Porch Features
Deck, Open, Patio, Balcony
Lot Features
Less Than Quarter Acre
Subdivision Name
Lakewood Of Palm Springs
Price History
| Date | Event | Price |
|---|---|---|
10/08/2026 Source: | Price Decreased | $315,000 -3.08% $256/sqft |
04/10/2026 Source: | Listed for Sale | $325,000 +1.56% $264/sqft |
04/10/2026 Source: | Off Market | $319,999 $260/sqft |
04/10/2026 Source: | Listed for Sale | $319,999 -1.54% $260/sqft |
04/10/2026 Source: | Price Increased | $325,000 +14344.44% $264/sqft |
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
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