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MLS #B26085874 image #0
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.
Current real estate data for Townhouse in Palm Springs as of Nov 12, 2026
29
Townhouse Listed
74
Avg DOM
238
Avg $ / SqFt
$311,879
Avg List Price
Listing Provided Courtesy of Gobin & Co., LLC. at 678-463-2079

Property Details

Price:
$315,000
MLS #:
B26085874
Status:
Active
Beds:
2
Baths:
2
Type:
Townhouse
Subdivision:
LAKEWOOD OF PALM SPRINGS
Neighborhood:
5660
Listed Date:
Oct 8, 2026
Finished Sq Ft:
1,232
Total Sq Ft:
1,274
Lot Size:
48,961,440 sqft / 0.03 acres (approx)
Year Built:
1978
Lakewood Of Palm SpringsMeadow ParkConniston CommunityForest HillPets Allowed

Schools

Elementary School:
Meadow Park
Middle School:
Conniston Community
High School:
Forest Hill

Interior

Appliances
Gas Water Heater, Range, Dishwasher, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer, Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Vinyl, Wood
Heating
Central
Interior Features
Pantry, Storage
Laundry Features
Gas Dryer Hookup, In Bathroom, In Unit, Inside, Laundry Room, Main Level
Levels
Two
Main Level Bathrooms
1

Exterior

Association Amenities
Parking, Playground, Sidewalks, Street Lights
Construction Materials
Brick, CBS, Stucco
Direction Faces
South
Exterior Features
Balcony
Fencing
Back Yard, Fenced, Gate
Open Parking Spaces
2
Parking Features
Assigned, Guest
Parking Spots
2
Parking Total
2
Patio And Porch Features
Patio – Open, Patio, Deck
Roof
Mansard, Shingle, Other
Security Features
Smoke Detector(s)
Stories
2
Waterfront Features
None

Financial

HOA Fee
$283
HOA Fee Frequency
Monthly
HOA Includes
Common Areas, Insurance, Maintenance Grounds, Trash
HOA Phone
561-250-6565
Tax Year
2025
Taxes
$2,389

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Community

Property Summary

    Located in the LAKEWOOD OF PALM SPRINGS subdivision, 198 LAKE ARBOR Drive Palm Springs FL is a Townhouse for sale in Palm Springs, FL, 33461. It is listed for $315,000 and features 2 beds, 2 baths, and has approximately 1,232 square feet of living space, and was originally constructed in 1978. The current price per square foot is $256. The average price per square foot for Townhouse listings in Palm Springs is $238. The average listing price for Townhouse in Palm Springs is $311,879. To schedule a showing of MLS#b26085874 at 198 LAKE ARBOR Drive in Palm Springs, FL, contact your Trust House Realty agent at 9543362003.

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