198 Lake Arbor Drive, Palm Springs, FL 33461

New Listing

$325,000

Virtual Tour

https://www.propertypanorama.com/198-Lake-Arbor-Drive-Palm-Springs-FL-33461--B26013829/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,274 Status: Active

Current Price: $325,000 List Date: 4/10/2026 Last Modified: 4/10/2026

Overview

Description

Great opportunity for investors to add a performing rental to your portfolio! This well-maintained 2/2 townhome is currently tenant-occupied, providing immediate cash flow at closing. The home has been fully updated with a new roof, AC, flooring, fresh paint, updated bathrooms, and a new electric panel. The modern kitchen features white cabinetry, butcher block countertops, and stainless steel appliances. Additional highlights include a fenced front patio, accordion hurricane shutters, low HOA, community playground, walking paths, and two assigned parking spaces.

Listing Details MLS# B26013829

General Property Information

Lease MLS ID: RX-11161471
Unit Floor #: 2
Property Sub Type: Townhouse
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1274
Building Area Source: Public Records
Living Area Main: 1232
Living Area Source: Public Records
Accessibility Features YN: No
Year Built: 1978
Parking Total: 2
Gated Community YN: No
Lot Size Area: 1124
Lot Size Acres: 0.03
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: 2
Direction Faces: South
Fireplace YN: No
Pool Private YN: No
Furnished: Unfurnished
Washer/Dryer Allowed YN: Yes
Year Roof Installed: 2026

Property Features

Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Trash Flooring: Vinyl; Wood Parking Features: Assigned; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Vented Exhaust Fan; Washer; Water Heater; Range Water Heater Details: Gas Water Heater Construction Materials: Brick; CBS; Stucco Cooling: Ceiling Fan(s); Central Air; Electric Association Type: Homeowner Association Fencing: Back Yard; Fenced; Gate Heating: Central Interior Features: Pantry; Storage Laundry Features: Gas Dryer Hookup; In Bathroom; In Unit; Inside; Laundry Room; Main Level Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional; FHA Main Living Area: Entry Level Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Number Limit Possession: Close Of Escrow Restrictions: Parking - No Boat; Parking - No Commercial Vehicles; Parking - No Motorcycle; Parking - No RV; Parking - No Truck Roof: Mansard; Shingle; Other Security Features: Smoke Detector(s) Sewer: Public Sewer Structure Type: Townhouse Tax Information: No Homestead Utilities: Electricity Connected; Natural Gas Connected; Water Connected Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Occupied; Schedule Online Occupant Details: Tenant Occupied Outdoor Living Spaces: Balcony; Deck; Patio Balcony Details: Balcony - Open Patio Details: Patio - Open Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 325000
Negotiable Seller Concessions YN: Yes
Occupant Type: Tenant
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 198
Street Name: Lake Arbor
Street Suffix: Drive
City Name: Palm Springs
Municipality Type: Incorporated
Municipal Code: 70
State Or Province: FL
Postal Code: 33461
Postal Code +4: 2144
Postal Zip: 33461
Subdivision Name: LAKEWOOD OF PALM SPRINGS
Area: 5660
Geographic Area: PB19
Elementary School: Meadow Park
Middle Or Junior School: Conniston Community
High School: Forest Hill
Special Assessment YN: No
Parcel Number: 70434417540021980
Subdivision Number: 54
Zoning: RM (city)
Flood Zone: X

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 283
Association Fee Frequency: Monthly
Association Membership: Mandatory
Association Phone: 561-250-6565
Association Email: Triton Property management
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 283
Membership Fee Required YN: No
Tax Annual Amount: 2389.48
Tax Year: 2025
Tax Legal Description: LAKEWOOD OF PALM SPRINGS TH PT OF TR B IN OR2732P1135 BEING UNIT 198 OF LAKEWOOD TOWNHOUSE PROJECT

Status Change Information

Major Change Timestamp: 2026-04-10T17:03:53Z
Major Change Type: New Listing
Status Change Date: 2026-04-10

More Information

Entry Information

Entry Location: Entry Level Living Area Y

Parking Information

Open Parking Spaces: 2
Parking Space Number: 198

Co-Ownership

Property Management YN: Yes
Property Management Name: Triton
Property Management Phone: 561-250-6565
Property Management Email: Triton

Main Level Rooms

Main Level Bathrooms: Yes

Pet Details

Maximum Number Of Pets: 2
Pet Fee YN: No
Other Pet Restrictions: 40lbs max

Storm Protection

Accordian Shutters: Complete

Showing Details

Pet(s) on Premises: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Upper
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 263.79

Originating Details

Originating System Key: 20260409194236614043000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Parking: Yes
Playground: Yes
Sidewalks: Yes
Street Lights: Yes

Association Fee Includes

Common Areas: Yes
Insurance: Yes
Maintenance Grounds: Yes
Trash: Yes

Flooring

Vinyl: Yes
Wood: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Fencing

Back Yard: Yes
Fenced: Yes
Gate: Yes

Structure Type

Townhouse: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Water Connected: Yes

Heating

Central: Yes

Water Access

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Vented Exhaust Fan: Yes
Washer: Yes
Water Heater: Yes
Range: Yes

Construction Materials

Brick: Yes
CBS: Yes
Stucco: Yes

Interior Features

Pantry: Yes
Storage: Yes

Laundry Features

Gas Dryer Hookup: Yes
In Bathroom: Yes
In Unit: Yes
Inside: Yes
Laundry Room: Yes
Main Level: Yes

Levels

Two: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
FHA: Yes

Roof

Mansard: Yes
Shingle: Yes
Other: Yes

Security Features

Smoke Detector(s): Yes

Water Source

Public: Yes

Water Heater Details

Gas Water Heater: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

24 Hour Notice: Yes
Occupied: Yes
Schedule Online: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

Combo Tub/Shower: Yes
Dual Sinks: Yes
Master Bdrm - Upstairs: Yes

Membership

No Membership Available: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Breed Restrictions: Yes
Number Limit: Yes

Restrictions

Parking - No Boat: Yes
Parking - No Commercial Vehicles: Yes
Parking - No Motorcycle: Yes
Parking - No RV: Yes
Parking - No Truck: Yes

Tax Information

No Homestead: Yes

Occupant Details

Tenant Occupied: Yes

Outdoor Living Spaces

Balcony: Yes
Deck: Yes
Patio: Yes

Balcony Details

Balcony - Open: Yes

Patio Details

Patio - Open: Yes

Room Information

Room Name	Length	Width	Level
Living Room	0.00	0.00	Main
Kitchen	0.00	0.00	Main
Master Bedroom	0.00	0.00	Upper

Listing Office: Gobin & Co., LLC.

Last Updated: April - 10 - 2026

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198 Lake Arbor Drive, Palm Springs, FL 33461 (MLS# B26013829)