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198 Lake Arbor Drive, Palm Springs, FL 33461

$315,000
: 2
BD
: 2
BA
: 1,232
SqFt

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List Price: $315,000
MLS#: B26085874
Status: ACTIVE
Type: Townhome
Bedrooms: 2
Full baths: 2
Living Area: 1,232

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Property Description

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.

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Additional Information

Days on Market: 7
Interior Features: Pantry, Storage
Tax Amount: $2,389
Parcel Number: 7043441754002198
Bedroom Description: Primary Bedroom Upstairs
Front Exposure: South
Exterior Features: Open Balcony
Association Fee: $283
Parking Restrictions: 2 Or More Spaces, Assigned, Guest, No Boats, No Rv/Boats
Pet Restrictions: Yes
Pets Allowed: Yes
Elementary School: Meadow Park
SqFt Liv Area: 1,232
Year Built: 1978
Style: Townhouse
Restrictions: Ok To Lease With Res, No Daily Rentals, No Trucks/Rv'S
Development Name: Lakewood Of Palm Springs
Middle School: Conniston
Senior High School: Forest Hill Community
Construction Type: Brick, CBS Construction, Stucco