Modern Living Group
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$315,000ACTIVE

198 LAKE ARBOR Drive, Palm Springs, FL 33461

2beds2baths1,232sq ft$256/ sq ft
THE RESIDENCE

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.

THE DETAILS

Property details

List Price$315,000
Price / Sq Ft$256
Bedrooms2
Bathrooms2
Inside Sq Ft1,232
HOA Fee$283/mo
Lot Size0.03 acres
Year Built1978
Days on Market0
Property TypeTownhouse
MLS #B26085874
StatusActive
Original List Price$315,000
Total Sq Ft1,274
Stories2
WaterfrontNo
Show all details (12 more)
Building AmenitiesPlayground,Parking,Sidewalks
Parking2
Direction FacesSouth
Annual Taxes (2025)$2,389
Elementary SchoolMeadow Park
Middle SchoolConniston Community
High SchoolForest Hill
FlooringVinyl, Wood
CityPalm Springs
Zip Code33461
PetsAllowed (max 2 pets, restrictions, breed restrictions)
HOA IncludesCommonAreas,Insurance,MaintenanceGrounds,Trash
LOCATION

Where you'll live

Shane Beckford
FEATURED AGENT
Shane Beckford
Real Estate Specialist

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