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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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198 Lake Arbor Dr , Palm Springs, FL 33461
$319,999
Est. Payment: $711.11/mo
2 Bed
2 Bath
1232 Sqft
Status: Active | Days on site: 152
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FLL279677982 - FLL276543545
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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.
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Highlights

Listed by Simo Bouchikh , 561-412-7591 Gobin & Co., LLC. , 678-463-2079.

Property Type

Condo/Townhome
Lot/Acreage
0.03

HOA Fee

283 Monthly

Year Built

1978

County

Palm Beach

Area

5660

 Neighborhood

Lakewood Of Palm Springs

Listing ID

B26013829

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dryer, Dishwasher, Electric Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Air Cond:Central Air,Ceiling Fan(s),Electric
Fireplaces:
Floor:Hardwood,Vinyl,Wood
Other:
  • ▪ Additional:Dual Sinks, Main Living Area Entry Level, Tub Shower, Upper Level Primary, Pantry
Water:Public

Exterior Features

Lot:<1 Acre,< 1/4 Acre
Garage Capacity:2
Zoning:RM (city)
Roof:Composition,Other,Shingle
Others:
  • ▪ Additional:Balcony, Fence, Patio, Storm/Security Shutters
Sewer:Public Sewer
Parking Features:Assigned,Guest,Two or More Spaces
Principal Interest
$711
Taxes
$199
HOA
$283

Home Price

$319,999

Loan Details

30 yrs
%

Down Payment

20%
$64,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$711.11

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $711.11 $199.08 $283.00 $1,193.19
Yearly $8,533.31 $2,389.00 $3,396.00 $14,318.31
Total $255,999.20 $71,670.00 $101,880.00 $429,549.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Palm Springs, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.