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$315,000

For Sale

5 days ago

198 Lake Arbor Dr, Palm Springs, FL

Townhouse

MLS® B26085874

2 Bed

2 Bath

1232 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 1232 sqft
Garage 
Taxes $2,389
Days Active 5
Lot Size 0.03 Acres
Approx. Age 1978
Avg. Price Per Sqft $255
MLS® Number B26085874

Property Address: 198 Lake Arbor Dr, Palm Springs, FL, 33461-2144

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberB26085874
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1978
Basement
DrivewayAssigned, Guest
Garage Spaces
HeatCentral
A/CCentral Air, Ceiling Fans, Electric

Extras

Rooms

Kitchen:Main Floor0 X 0
Living Room:Main Floor0 X 0
Bedroom 1:Upper Level0 X 0

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 8, 2026List Date
$315,000List Price
Jul 14, 2025End Date
$255,000Sold Price

Sold

Dec 6, 2024List Date
$284,900List Price
Feb 26, 2026End Date
$2,250Sold Price

Leased

Feb 22, 2026List Date
$2,300List Price

Home Appraisal

This property is estimated to sell between: $315,000 and $323,000.
Similar properties in this area sold on average for: $320,069
Expected to sell in 39 days. Similar properties sold in 44 days. This home has been on eXp Realty for 5 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
198 Lake Arbor Dr, Palm Springs, FL

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