198 LAKE ARBOR Drive, Palm Springs, FL 33461

Description of 198 LAKE ARBOR Drive, Palm Springs, FL 33461

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.

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

2

Stories Total

2

Entry Level

1

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

1,124

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

7043441754002198

Tax Annual Amount

$2,389

Tax Year

2025

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.

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