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198 Lake Arbor Drive

Palm Springs, FL 33461

MLS # B26085874· Active IDX

$315,000

Bedrooms: 2
Bathrooms: 2
Living area: 1,232 sq ft
Lot size: 0.03 acres
Year built: 1978
Type: Townhouse
Days on market: 6

Request a showing (954) 703-4504 View on Google Maps

About this home

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.

Details

MLS #	B26085874
Status	Active
Subdivision	Lakewood Of Palm Springs
County	Palm Beach
ZIP	33461
Waterfront	No
Private pool	No
Parking spaces	2
Stories	2
Construction	Brick, Stucco, CBS
Roof	Mansard, Other, Shingle
Flooring	Vinyl, Wood
Heating	Central
Cooling	Central Air, Ceiling Fan(s), Electric
Appliances	Gas Water Heater, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater, Washer, Range
Interior features	Pantry, Storage
Exterior features	Balcony
Furnished	Unfurnished
Pets	Yes, Breed Restrictions, Number Limit
Water	Public
Sewer	Public Sewer
Utilities	Electricity Connected, Natural Gas Connected, Water Connected
Association fee	$283 / monthly
Annual taxes	$2,389

Listing courtesy of Gobin & Co., LLC., Mohamed Bouchikh. Last updated Oct 8, 2026, 4:43 PM ET.

Request a showing

Mention MLS # B26085874 (198 Lake Arbor Drive) and when you would like to visit. A licensed real-estate professional will contact you.

Licensed brokerage

Premier Real Estate Group Inc

Broker of record Maxim Bohadana, Florida broker license BK3314523

(954) 703-4504

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The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 8, 2026, 4:43 PM ET.