Townhouse in 198 Lake Arbor Drive, Palm Springs, FL 33461 for sale with MLS# B26013829
Great opportunity for investors to add a performing rental to your portfolio! This well-maintained 2/2 townhome is currently tenant-occupied, providing immediate cash flow at closing. The home has been fully updated with a new roof, AC, flooring, fresh paint, updated bathrooms, and a new electric panel. The modern kitchen features white cabinetry, butcher block countertops, and stainless steel appliances. Additional highlights include a fenced front patio, accordion hurricane shutters, low HOA, community playground, walking paths, and two assigned parking spaces.
198 Lake Arbor Drive, Palm Springs, FL 33461
Price
- Price:
- $325,000.00
- Original List Price:
- $325,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $263.79
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Townhouse
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 10, 2026 5:03 pm
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- Master Bdrm - Upstairs, Dual Sinks, Combo Tub/shower
Measures
- Living Area:
- 1,232 Sqft
- Built-Up Area:
- 1,274 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- Lot Size Acres:
- 0.03
Property Features
- Waterfront:
- No
- Security:
- Smoke Detector(s)
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Gas Water Heater, Electric Range, Ice Maker, Water Heater, Range, Vented Exhaust Fan
- Interior:
- Pantry, Storage
- Exterior:
- Balcony
- Patio and Porch:
- Patio, Deck, Patio - Open
- Laundry:
- Inside, Laundry Room, Gas Dryer Hookup, In Bathroom, Main Level, In Unit
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s), Electric
- Heating
- Heating System:
- Central
- Fence:
- Fenced, Back Yard, Gate
- Property Entrance Faces:
- South
- Balcony Details:
- Balcony - Open
- Storm Protection Accordian Shutters:
- Complete
Construction
- Year Built:
- 1978
- Roof:
- Shingle, Other, Mansard
- Year Roof Installed:
- 2026
- Levels:
- Two
- Entry Level Location:
- Entry Level Living Area Y
- Construction Materials:
- Stucco, Brick, CBS
- Flooring:
- Wood, Vinyl
- Number of stories:
- 1
- Structure Type:
- Townhouse
- Stories:
- 2
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $2,389.48
- Tax Year:
- 2025
- Association Fee:
- $283.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- No Homestead
Parking
- Parking Total Spaces:
- 2
- Covered Spaces:
- 0
- Parking Features:
- Assigned, Guest
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Connected, Natural Gas Connected, Water Connected
- Water Source:
- Public
Community
- Association
- Association Membership:
- Mandatory
- Association Type:
- Homeowner Association
- Pets Allowed?:
- Yes, Breed Restrictions, There is a limit on the number of pets allowed
- Amenities Provided by the Homeowner's Association (HOA):
- Playground, Sidewalks, Parking, Street Lights
- Subdivision Name:
- LAKEWOOD OF PALM SPRINGS
- Association Fee Includes:
- Maintenance Grounds, Trash, Common Areas, Insurance
- Senior Community:
- No
- Association Phone:
- 561-250-6565
- Restrictions:
- Parking - No Boat, Parking - No Commercial Vehicles, Parking - No Rv, Parking - No Truck, Parking - No Motorcycle
- Membership Details:
- No Membership Available
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, 1031 Exchange
- Occupant Type:
- Tenant Occupied
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
Zoning and Legal
- Tax Legal Description:
- LAKEWOOD OF PALM SPRINGS TH PT OF TR B IN OR2732P1135 BEING UNIT 198 OF LAKEWOOD TOWNHOUSE PROJECT
- Real Estate Folio Number (Parcel Number):
- 70434417540021980
- Zoning:
- RM (city)
Public Schools Assigned
- Elementary School:
- Poinciana Elem
- High School:
- Forest Hill
- Middle Or Junior School:
- Conniston Community
Listing History
- Active on the market since:
- April 10, 2026
- Listing Agreement executed on:
- April 10, 2026
- Listing Status Last Changed On:
- April 10, 2026 5:03 pm
- Photos updated on:
- April 10, 2026 5:03 pm
- Last Modified:
- April 10, 2026 5:48 pm
Additional Information
- Courtesy of:
- Gobin & Co., LLC.
- Attribution:
- Not provided
Location
- Street Name:
- Lake Arbor
- Street Number:
- 198
- City:
- Palm Springs
- State:
- Florida
- Zip Code:
- 33461
- County:
- Palm Beach
- Latitude:
- N26° 38' 11.9''
- Longitude:
- W81° 55' 5''
- Street Suffix:
- Drive
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$61,218
Median Home Value
$263,400
Median Rent
$1,615/mo
Median Age
36
Population
49,245
Air Quality
Source: AirNow.gov · West Palm Beach
🌬️ Air Quality Index (AQI)
24
Good
☀️ O3
20
Good
🫁 PM2.5
24
Good
💨 PM10
9
Good
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