198 Lake Arbor Drive, Palm Springs, FL 33461
- $319,999
- $325,000
- $319,999
- $325,000
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.
Address
Open on Google Maps- Address: 198 Lake Arbor Drive
- City: Palm Springs
- State/County: FL
- Zip/Postal Code: 33461
Details
Updated on June 4, 2026 at 6:28 pm- MLS # B26013829
- Price $319,999
- Property Size 1274 sqft
- Land Area 0.03 sqft
- Bedrooms 2
- Bathrooms 2
- Garage Size x x
- Year Built 1978
- Property Status Active
- Office Name Gobin & Co., LLC.
- Agent Name Simo Bouchikh
Additional Details
- Listing Terms Cash, Conventional, 1031 Exchange, FHA
- Association Fee 283.0
- Roof Mansard, Other, Shingle
- Utilities Electricity Connected, Natural Gas Connected, Water Connected
- Sewer Public Sewer
- Cooling Central Air, Ceiling Fan(s), Electric
- Heating Central
- Flooring Vinyl, Wood
- County Palm Beach
- Property Type Residential
- Parking Assigned, Guest
- Elementary School Meadow Park
- Middle School Conniston Community
- High School Forest Hill
- Community Features Home Owners Association, Street Lights
- Waterfront None
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