For sale Townhouse

Listed Oct 8, 2026

$315,000 Est. $2,083/mo

198 Lake Arbor Drive

  • 2

    Beds

  • 2

    Baths

  • 1,232

    Sq ft

The story

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.

Facts & features

Home type

Townhouse

Year built

1978

Floors

2

Price per sq ft

$256

HOA

$283 / monthly

Included features

  • 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

Mortgage calculator

Estimated monthly payment

$2,083 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,677
  • Property tax $315
  • Insurance $92

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Gobin & Co., LLC.

Broker Name

Gobin & Co., LLC.

Agent

Mohamed Bouchikh

Location

West Palm Beach FL 33401