$315,000

198 LAKE ARBOR DR, PALM SPRINGS, FL 33461

2 beds2 baths1,232 sq ftTownhouseBuilt 1978
Updated today, November 3, 2026

This home against Palm Springs

$256 per sq ft, 26% over the Palm Springs median
27 days on the market
$2,389 in property taxes (2025)
1,307 sq ft lot

Palm Springs today: 129 homes for sale, median list price $240,000.

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.

Listing courtesy of Gobin & Co., LLC.. MLS# B26085874.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed October 7, 2026.

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