The Story

198 Lake Arbor Drive

Palm Springs, FL 33461 · Townhouse

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.


Facts & Features

Property Info

Price
$319,999
Completion Year
1,978
Living Space
1,232 sq ft
Floors
2
Bedrooms
2
Bathrooms
2

Features & Amenities

Cooling

Central Air, Ceiling Fans, Electric

Heating

Central

Appliances

Dryer, Dishwasher, Electric Range, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Vented Exhaust Fan, Water Heater, Washer

Flooring

Vinyl, Wood

Roof

Mansard, Shingle

Lot Information

Less Than Quarter Acre

Exterior

Balcony, Outdoor Living Area

Water Source

Public

Sewer

Public Sewer

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Listing Broker

Gobin & Co., LLC.

Broker Name

Gobin & Co., LLC.

Agent

Mohamed Bouchikh

Location

West Palm Beach FL 33401