198 Lake Arbor Drive, Palm Springs, FL 33461For Sale
$329,000
2beds2.00baths1232sqft

198 Lake Arbor Drive, Palm Springs, FL 33461

MLS#: R11161471
Townhouse
Built in 1978
-- sqft lot
$267/sqft
48 days on market
$2,389/yr tax

What's special

Great opportunity to add a performing rental to your portfolio! This well-maintained property is currently tenant occupied, providing immediate cash flow at closing. Welcome to this gorgeous 2/2 townhome. This home has been thoughtfully updated from top to bottom, featuring a brand-new roof, new AC, new flooring, fresh interior paint, updated bathrooms, and a new electric panel. The modern kitchen shines with white cabinetry, butcher block countertops, and new stainless steel appliances, perfect for both everyday living and entertaining. Both bedrooms are generously sized, offering comfort and flexibility. Enjoy outdoor living in the fenced-in front patio, and rest easy with accordion hurricane shutters throughout. The community offers a low monthly HOA, a children's playground, and scenic walking paths. Each unit includes two assigned parking Spaces.

48 days on Horizon Palm

Listing office: LoKation · MLS#: R11161471


Map

198 Lake Arbor Drive, Palm Springs, FL 33461


Facts & features

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2.00

Heating

Heating: Central, Electric

Cooling

Cooling: Central Air, Ceiling Fans, Electric

Appliances

Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater, Washer

Features

Interior features: Dual Sinks, Storage, Upper Level Primary
Flooring: Vinyl
Laundry: Inside

Interior area

Total interior livable area: 1232 sqft

Room dimensions

Kitchen: 0 X 0 (Main)
Laundry
Living Room: 0 X 0 (Main)
Primary Bedroom: 0 X 0 (Upper)

Parking

Parking features: Assigned, Guest

Features

Stories: 2.00
Waterfront features: None
Storm protection: Current Owner Wind Mitigation Certificate, Partial Accordion Shutters

Details

Parcel number: 70434417540021980
Zoning: RM—RESIDENTIAL

Type & style

Home type: Townhouse

Materials

Construction materials: Block
Roof: Mansard, Other

Condition

Year built: 1978

Community

Subdivision: Lakewood Of Palm Springs
Complex: LAKEWOOD OF PALM SPRINGS
Community features: Home Owners Association, Street Lights
Association amenities: Parking, Sidewalks
Restrictions: Buyer Approval Required, No Boats, No Commercial Vehicles, No Motorcycles, No Rv, No Truck

HOA

HOA: Yes
HOA fee: $283.00 monthly
Fee includes: Insurance, Maintenance Grounds, Security, Trash

Utilities

Utilities: Natural Gas Available, Water Available

Details

Price/sqft: $267
Annual taxes: $2, 389 (2025)
Date on market: 02/06/2026
Days on market: 48
Listing terms: Cash, Conventional, FHA, Va Loan
Listing agent: Mohamed Bouchikh
Listing office: Lo Kation
MLS ID: R11161471

Price history

Price Reduced $6,000Originally $335,000
$

Originally Listed

First listed price

$335,000

$272/sqft

For Sale

2026-02-06T05:00:00.000Z · LoKation

$329,000

$267/sqft$6,000

Payment calculator

$349/mo
Principal & interest
$0
Property taxes
$199
Home insurance
$150

This is an estimate based on a 30-year fixed-rate mortgage at 6.75% APR. Actual rates and payments may vary. Contact a lender for exact quotes.


Palm Springs

Palm Springs, FLPalm Beach County33461
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