198 LAKE ARBOR Drive, Palm Springs, FL 33461

$315,000 · Active

  • 2 beds
  • 2 baths
  • 1,232 sq ft
  • Townhouse
  • Built 1978
  • HOA $283/mo
  • Lot 1,306.8 sq ft
  • 1,274 sq ft total
  • Palm Beach County
  • MLS# B26085874
  • Lakewood Of Palm Springs
198 LAKE ARBOR Drive, Palm Springs, FL – photo 11-1 at 198 LAKE ARBOR Drive, Palm Springs198 LAKE ARBOR Drive, Palm Springs, FL – photo 3198 LAKE ARBOR Drive, Palm Springs, FL – photo 4198 LAKE ARBOR Drive, Palm Springs, FL – photo 54-2 at 198 LAKE ARBOR Drive, Palm Springs198 LAKE ARBOR Drive, Palm Springs, FL – photo 7198 LAKE ARBOR Drive, Palm Springs, FL – photo 8

About this home

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

Schools

  • Elementary: Meadow Park
  • Middle: Conniston Community
  • High: Forest Hill

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Gobin & Co., LLC. · keryn@gobin.co · Listing agent: Mohamed Bouchikh

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 198 LAKE ARBOR Drive.

Questions About 198 LAKE ARBOR Drive

How much is 198 LAKE ARBOR Drive?
198 LAKE ARBOR Drive is listed at $315,000, which is about $256 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 198 LAKE ARBOR Drive?
The listing reports an association fee of $283 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 198 LAKE ARBOR Drive?
The listing reports annual property taxes of $2,389 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 198 LAKE ARBOR Drive built?
198 LAKE ARBOR Drive was built in 1978 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 198 LAKE ARBOR Drive been on the market?
198 LAKE ARBOR Drive has been listed for 10 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 198 LAKE ARBOR Drive?
The MLS lists Meadow Park (elementary), Conniston Community (middle), Forest Hill (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 198 LAKE ARBOR Drive?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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Nearby Cities

Nearby ZIP Codes

Nearby ZIP codes include 33460 and 33480. This property also neighbors Lake Worth Beach, Palm Beach, and West Palm Beach.