Active MLS listing · MLS #B26013829

198 Lake Arbor Drive

Palm Springs, FL, 33461

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$319,999

2Beds

2Baths

1232SqFt

Property type: Townhouse
Subdivision: LAKEWOOD OF PALM SPRINGS
Year built: 1978

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.

Listing Courtesy of: Gobin & Co., LLC.
keryn@gobin.co

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