
198 LAKE ARBOR Drive For Sale











































Property Details
| Asking Price | $315,000 |
|---|---|
| Price per SqFt | $256 |
| HOA Fee | $283 Monthly |
| Property Taxes | $2,389 2025 |
| Interior Space | 1,232 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1978 |
| Pool | No |
| Lot Size | 0.03 acres |
| MLS # | B26085874 |
Location
From the listing
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.
Listed by Gobin & Co., LLC.
What It Costs to Own
Monthly, before a mortgage and insurance
HOA $283 a month; taxes $2,389 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 198 LAKE ARBOR Drive, Palm Springs, FL 33461
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| R10475703 | $165,000 | 12/13/18 |
| R10083078 | $73,000 | 1/30/15 |

Listed by Gobin & Co., LLC.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Palm Springs and throughout South Florida.
Ask Mark About This Listing
198 LAKE ARBOR Drive, Palm Springs · MLS B26085874 · $315,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

