198 Lake Arbor Drive, Palm Springs, Florida 33461
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$319,999

Townhouse for Sale, 198 Lake Arbor Drive, Palm Springs, Florida 33461

  • MLS#B26013829
  • 2
  • 2
  • 114 m² (1,232 ft²)

Listed By Gobin & Co., LLC.

The Townhouse for Sale located at 198 Lake Arbor Drive, Palm Springs, Florida 33461 is currently for sale. This property has 2 bedrooms, 2 bathrooms.

Date Updated : Sep 22, 2026
Gobin & Co., LLC.

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.

Location

198 Lake Arbor Drive, Palm Springs, Florida 33461

198 Lake Arbor Drive, Palm Springs, Florida 33461

Property features

Property

  • Property size: 114 m² (1,232 ft²)
  • Type: Unfurnished
  • Features: PantryBalconyPatioStorage Space

Lot/Land

  • Land/Lot size: 104 m² (1,124 ft²)
  • Lot Description: Fenced

Construction

  • Year built: 1978
  • Roofing: Composition/shingleShingle
  • Construction: Cbs ConstructionBrick
  • Exterior: Stucco

Parking/Garage

  • Parking description: Guest ParkingAssigned

Bedrooms

  • Bedrooms: 2

Bathrooms

  • Total bathrooms: 2
  • Full bathrooms: 2

Interior Features

  • Floors: WoodVinyl

Exterior Features

  • Outdoor spaces: BalconyPatio
  • Carport spaces:

Security

  • Features: Smoke Detector

Heating and Cooling

  • Heating System: Central
  • Hot water service: Natural Gas Water Heater
  • Cooling System: Ceiling FanElectricCentral AC

Utilities

  • Other utilities: Natural GasSewerPublicPublic Sewer

Community

  • Features: Pets Allowed

School information

  • High School: Forest Hill Community
  • Middle School: Conniston
  • Elementary School: Meadow Park