198 Lake Arbor Drive, Palm Springs FL 33461

Description of 198 Lake Arbor Drive, Palm Springs FL 33461

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.

Property Details for 198 Lake Arbor Drive, Palm Springs FL 33461

Bathrooms Full

2

Bathrooms Half

0

Interior Features

Pantry, Storage

Appliances

Gas Water Heater, Natural Gas Water Heater, Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer

Flooring

Vinyl, Wood

Heating

Central

Cooling

Ceiling Fan(s), Central Air, Electric

Furnished

Unfurnished

Architectural Style

Two Story

Parking Features

2 Or More Spaces, Assigned, Guest, No Boats, No Rv/Boats

Pool Private

No

Year Built Details

Resale

Direction Faces

South

Building Information for 198 Lake Arbor Drive, Palm Springs FL 33461

Building Area Total

1274

Building Area Units

Square Feet

Stories

1

Stories Total

1

Entry Level

2

Association

Yes

Association Fee

$283

Association Fee Frequency

Monthly

Pets Allowed

Yes

Security Features

Smoke Alarm, Smoke Detector(s), Smoke Detector

Property Information for 198 Lake Arbor Drive, Palm Springs FL 33461

Lot Features

Less Than 1/4 Acre Lot, Less Than 1 Acre, Fenced

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Brick, CBS Construction, Stucco

Roof

Other Roof/Roof Structure, Comp Shingle Roof, Other, Shingle

Exterior Features

Open Balcony

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Public Records for 198 Lake Arbor Drive, Palm Springs FL 33461

Parcel Number

70434417540021980

Tax Annual Amount

$2,389

Tax Year

2,025

Tax Legal Description

LAKEWOOD OF PALM SPRINGS TH PT OF TR B IN OR2732P1135 BEING UNIT 198 OF LAKEWOOD TOWNHOUSE PROJECT

Zoning

RM (city)

County Or Parish

Palm Beach County

Schools Near 198 Lake Arbor Drive, Palm Springs FL 33461

Elementary School

Meadow Park

Middle School

Conniston

High School

Forest Hill Community

School assignments are provided by the listing and should be independently verified.

Location