198 Lake Arbor Dr, Palm Springs, FL 33461

Beds
2
Baths
2
Sqft
1,232

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Listed byGobin & Co., LLC.
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Overview

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

Full feature list

Basic info

Property type
Townhouse
Number of stories
2
Number of bedrooms
2
Number of bathrooms
2
Square feet
1,232
Lot size (acres)
0.03
Year built
1978

Interior features

Laundry
Gas Dryer Hookup, In Unit, Inside, Laundry Room, Main Level

Exterior features

Waterfront
None

Utilities

Heating
Central
Cooling
Electric, Central Air, Ceiling Fans
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

HOA Fees
$283

Taxes

Tax Annual Amount (2025)
$2,389.48

Public schools

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Sourced from: Beaches MLS MLS®#: B26013829 Last checked:

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