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198 Lake Arbor Dr

Palm Springs FL 33461

2
2
2
1274 sq. ft.
0.03 ac.
Townhouse
Currently for sale - view listing

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.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
1274 sq. ft. floor area
0.03 ac. lot size
Townhouse

Property history for 198 Lake Arbor Dr

2026
Rented
Undisclosed
07 Mar 2026 by LoKation
2025
Sold
$255,000
14 Aug 2025 by Jack Hinkel, of Steadfast Realty Llc
2018
Sold
$165,000
13 Dec 2018 by Juan Robles, of CENTURY 21 TENACE REALTY INC

Happy sellers in Palm Springs

98%
98% of sellers in Palm Springs reported that their sale price either exceeded or met their price expectations.

Palm Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Palm Springs over the last 12 months.

Local market activity for 2 bedroom townhouses in Palm Springs

In the last 12 months, 54 two-bedroom townhouses similar to 198 Lake Arbor Dr, have been sold.

This represents a 14% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

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