About 198 Lake Arbor Drive
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.
Features of 198 Lake Arbor Drive
| MLS® # | B26085874 |
|---|---|
| Price | $315,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,232 |
| Acres | 0.03 |
| Year Built | 1978 |
| Type | Residential |
| Sub-Type | Townhouse |
| Status | New |
Community Information
| Address | 198 Lake Arbor Drive |
|---|---|
| Area | 5660 |
| Subdivision | LAKEWOOD OF PALM SPRINGS |
| City | Palm Springs |
| County | Palm Beach |
| State | FL |
| Zip Code | 33461 |
Amenities
| Amenities | Playground, Parking, Sidewalks, Street Lights |
|---|---|
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
| Parking Spaces | 2 |
| Parking | Assigned, Guest |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior Features | Pantry, Storage |
|---|---|
| Appliances | Gas Water Heater, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater, Washer, Range |
| Heating | Central |
| Cooling | Central Air, Ceiling Fan(s), Electric |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Balcony |
|---|---|
| Roof | Mansard, Other, Shingle |
| Construction | Brick, Stucco, CBS |
School Information
| Elementary | Meadow Park |
|---|---|
| Middle | Conniston Community |
| High | Forest Hill |
Additional Information
| Zoning | RM (city) |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 283 |
| HOA Fees Freq. | Monthly |
Listing Details
| Office | Gobin & Co., LLC. |
|---|