ActiveMLS# 1157208483172 days on market
$319,999
$260 / sq ft
198 Lake Arbor Drive
Palm Springs, FL, 33461
2Bedrooms
2Bathrooms
1,232Sq Ft
1978Year Built
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About This Property

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.

Key Features

  • 1,124 sq ft Lot
  • Built in 1978

Property Details

  • Type: Single Family Home
  • Year Built: 1978
  • Lot Size: 1,124 sq ft
  • Sq Ft: 1,232
  • Price / Sq Ft: $260
  • HOA: Contact Agent
  • Bedrooms: 2
  • Bathrooms: 2
  • Feature: 1,124 sq ft Lot
  • Feature: Built in 1978
  • Status: Active
  • MLS Number: 1157208483
  • Days on Market: 172
  • Listed By: Gobin & Co., LLC. · Mohamed Bouchikh
  • Zip Code: 33461
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$319,999198 Lake Arbor Drive, Palm Springs, FL
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