How do I schedule a tour of 198 LAKE ARBOR Drive, Palm Springs, FL 33461?

Use the Tour button on this listing to request a showing of 198 LAKE ARBOR Drive, Palm Springs, FL 33461. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 198 LAKE ARBOR Drive, Palm Springs, FL 33461 still available?

198 LAKE ARBOR Drive, Palm Springs, FL 33461 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 198 LAKE ARBOR Drive, Palm Springs, FL 33461?

With 20% down ($63,000) on the $315,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 198 LAKE ARBOR Drive, Palm Springs, FL 33461 is about $1,655/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 198 LAKE ARBOR Drive, Palm Springs, FL 33461?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 198 LAKE ARBOR Drive, Palm Springs, FL 33461. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 198 LAKE ARBOR Drive, Palm Springs, FL 33461 have an HOA fee?

Yes: 198 LAKE ARBOR Drive, Palm Springs, FL 33461 carries an HOA fee of about $283 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 198 LAKE ARBOR Drive, Palm Springs, FL 33461?

198 LAKE ARBOR Drive, Palm Springs, FL 33461 is zoned for Meadow Park (elementary), Conniston Community (middle), Forest Hill (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 198 LAKE ARBOR Drive, Palm Springs, FL 33461?

Often, yes. The right offer on 198 LAKE ARBOR Drive, Palm Springs, FL 33461 depends on how it's priced against comparable townhouse sales in Palm Springs, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Active

0 Days on Market

Loading photos…

All Listings

$315,000

198 LAKE ARBOR Drive

Palm Springs, FL 33461

LAKEWOOD OF PALM SPRINGS

Explore the area: Palm Springs homes for sale · Palm Beach County real estate

Price Check

How this price compares

List price: $315,000
Price per sq ft: $256
Vs. nearby sales: 16.4% above
Days on market: N/A

This 2-bedroom townhouse in Lakewood Of Palm Springs is listed at $315,000, or $256 per square foot. The 6 most recent townhouse sales in the closings shown below sold at a median of $220 per square foot, so the asking price is 16.4% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,232

Living Sq Ft

1978

Year Built

Estimated monthly payment

$1,655 /mo

Principal and interest only, based on $63,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $283/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $315,000
Days on Site: 0 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,232 sqft
Total Sq Ft: 1,274 sqft
Lot Size: 0.03 Acres
Year Built: 1978
Property Type: Townhouse
MLS #: B26085874
Property Tax: $2,389 (2025)
HOA Fees: $283 / Monthly
Subdivision: LAKEWOOD OF PALM SPRINGS
County: Palm Beach
Status: Active
Special Conditions: Standard

About This Property

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.

Virtual Tour

General Features

Property Type: Townhouse
Status: Active
Year Built: 1978
Property Condition: Resale
Number of Stories: 2
Levels: Two
Parking: Assigned / Guest
Direction Faces: South
Lot Size (Acres): 0.03
Living Sq Ft: 1,232
Total Sq Ft: 1,274
Structure Type: Townhouse
Sewer: Public Sewer
Water Source: Public
Zoning: RM (city)

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Gas Water Heater / Ice Maker / Microwave / Range / Refrigerator / Vented Exhaust Fan / Water Heater / Washer
Cooling: Central Air / Ceiling Fans / Electric
Heating: Central
Flooring: Vinyl / Wood
Interior Features: Dual Sinks / Pantry / Storage / Tub Shower / Upper Level Primary
Laundry: Gas Dryer Hookup / Inside / In Bathroom / Main Level / Laundry Room / In Unit
Main Level Bedrooms: 0
Main Level Baths: 1
Total Rooms: 3
Furnished: Unfurnished

Exterior Features

Construction: Brick / CBS Concrete Block Structure / Block / Stucco
Roof: Mansard / Other / Shingle
Exterior Features: Balcony / Outdoor Living Area
Patio & Porch: Deck / Open / Patio / Balcony
Lot Features: Less Than Quarter Acre
Waterfront Features: None

Community & HOA

HOA Fee: $283 / Monthly
HOA Includes: Common Areas / Insurance / Maintenance Grounds / Trash
Association Amenities: Playground / Parking / Sidewalks
Community Features: Home Owners Association / Street Lights
Security: Smoke Detectors
Utilities: Electricity Connected / Natural Gas Connected / Water Connected
Pets Allowed: Breed Restrictions / Number Limit / Yes
Financing Terms: Cash / Conventional / Exchange1031 / FHA
Restrictions: No Boats / No Commercial Vehicles / No Motorcycles / No Rv / No Truck / Okay To Lease1st Year / Ok To Lease / Rental Restriction
MLS Area: 5660

This home's HOA fee works out to $283 a month, in line with the $290 median across 8 homes for sale in Lakewood Of Palm Springs. See Lakewood Of Palm Springs HOA fees

Schools

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

About the Community

Lakewood Of Palm Springs

View Community Details →

Lakewood Of Palm Springs is a community in Palm Springs, Palm Beach County, Florida. Active listings are priced from $285,000 to $335,000. Homes were built starting 1978. Pure Equity lists homes in Lakewood Of Palm Springs and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 8
Median List Price: $299,995
Median $/Sq Ft: $244
Avg Days on Market: 87

View all 8 homes for sale in Lakewood Of Palm Springs →

Frequently Asked Questions

How do I schedule a tour of 198 LAKE ARBOR Drive, Palm Springs, FL 33461?: Use the Tour button on this listing to request a showing of 198 LAKE ARBOR Drive, Palm Springs, FL 33461. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 198 LAKE ARBOR Drive, Palm Springs, FL 33461 still available?: 198 LAKE ARBOR Drive, Palm Springs, FL 33461 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 198 LAKE ARBOR Drive, Palm Springs, FL 33461?: With 20% down ($63,000) on the $315,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 198 LAKE ARBOR Drive, Palm Springs, FL 33461 is about $1,655/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 198 LAKE ARBOR Drive, Palm Springs, FL 33461?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 198 LAKE ARBOR Drive, Palm Springs, FL 33461. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 198 LAKE ARBOR Drive, Palm Springs, FL 33461 have an HOA fee?: Yes: 198 LAKE ARBOR Drive, Palm Springs, FL 33461 carries an HOA fee of about $283 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 198 LAKE ARBOR Drive, Palm Springs, FL 33461?: 198 LAKE ARBOR Drive, Palm Springs, FL 33461 is zoned for Meadow Park (elementary), Conniston Community (middle), Forest Hill (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 198 LAKE ARBOR Drive, Palm Springs, FL 33461?: Often, yes. The right offer on 198 LAKE ARBOR Drive, Palm Springs, FL 33461 depends on how it's priced against comparable townhouse sales in Palm Springs, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Gobin & Co., LLC.

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 9, 2026.

$315,000

Interested in This Property?

Own a home near this one? See what it would sell for today

Listed by Mohamed Bouchikh, Gobin & Co., LLC.

Map & Location

Get Directions →

Featured Communities

Lotus Edge Homes for Sale$2,870,000 Boca West Homes for Sale$1,187,500 Lotus Homes for Sale$2,367,000 Delray Trails Homes for Sale The Bear's Club Homes for Sale$21,700,000 Valencia Bay Homes for Sale$1,100,000 Avenir Homes for Sale$1,399,999 Valencia Sound Homes for Sale$1,375,000 Valencia Cove Homes for Sale$1,100,000 Hendrix Reserve Homes for Sale$848,995 The Estates at Lotis Wellington Homes for Sale Lotus Palm Homes for Sale$2,359,000 Valencia Lakes Homes for Sale$573,500 The Fields Homes for Sale$550,000 Avondale at Avenir Homes for Sale$1,088,832 Greyhawk Landing Homes for Sale$948,490 Valencia Reserve Homes for Sale$989,500 Addison Reserve Homes for Sale$1,882,500 Dakota Homes for Sale$1,369,000 Arden Homes for Sale$700,000 Eastpointe Country Club Homes for Sale$677,452 Jonathan's Landing Homes for Sale$849,000 Platina Homes for Sale$210,000 Seven Bridges Homes for Sale$2,267,500 Boca Bridges Homes for Sale$3,447,500

See All Featured Communities →

Cities in Palm Beach County

Property Types

Homes for Sale Luxury Homes New Construction Single-Family Homes Condos Townhouses Villas 55+ Communities

Recently sold homes in Lakewood Of Palm Springs

These are the last 6 recorded closings in Lakewood Of Palm Springs, with the price each home actually sold for rather than what it was listed at. They closed at a median of $239 per square foot. The most recent closed on July 23, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.