$255,000
Sold · August 14, 2025
198 Lake Arbor Drive
Palm Springs, FL 33461
Explore the area: Palm Springs homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $255,000
- Vs. list price
- 10.5% under
- Days on market
- 221
- Price per sq ft
- $207
This 2-bedroom townhouse in Lakewood Of Palm Springs sold for $255,000 on August 14, 2025. That was 10.5% below its final list price of $284,900. It first came on the market at $295,000, so the price was adjusted before it sold. It spent 221 days on the market. At $207 per square foot, it closed 5.9% below the $220 median of the 6 other townhouse sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $255,000
- Sold On
- August 14, 2025
- Days on Site
- 221 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 #
- R11042644
- Property Tax
- $2,247 (2024)
- HOA Fees
- $317 / Monthly
- Subdivision
- LAKEWOOD OF PALM SPRINGS
- County
- Palm Beach
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
2 Bedroom 2 Bath townhouse located in the heart of Palm Springs close to parks, shopping centers and more. Low HOA fees which include cable. You can rent this unit immediately so its also investor friendly as well.
Virtual TourGeneral Features
- Property Type
- Townhouse
- Status
- Sold
- Year Built
- 1978
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 0
- Parking
- Assigned
- Direction Faces
- North
- 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(cit
Interior Features
- Appliances
- Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Carpet / Laminate
- Interior Features
- Family Dining Room / None
- Laundry
- Inside / Laundry Closet
- Windows
- Blinds
- Main Level Bedrooms
- 0
- Main Level Baths
- 1
- Total Rooms
- 5
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Patio
- Lot Features
- Less Than Quarter Acre
- Waterfront Features
- None
- View
- Garden
Community & HOA
- HOA Fee
- $317 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance
- Association Amenities
- Sidewalks
- Community Features
- Home Owners Association / Street Lights
- Security
- None
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Buyer Approval Required / Ok To Lease
- MLS Area
- 5570
About the Community
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
- 10
- Median List Price
- $310,495
- Median $/Sq Ft
- $252
- Avg Days on Market
- 85
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 Sold, and has been on the market 221 days. 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 ($56,980) on the $284,900 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 $1,497/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 $317 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- 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 Steadfast Realty 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 July 1, 2026.
$255,000
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Listed by Jack Hinkel, Steadfast Realty LLC
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Recent Sales
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.
Sold$240,000
Sold · July 23, 2026
273 Arabian Road 273
2 bed · 2 bath · 1,232 sqft · $195/sqft
$29,000 under the asking price
Sold$305,000
Sold · July 16, 2026
417 Arabian Road
3 bed · 2.5 bath · 1,232 sqft · $248/sqft
Sold$295,000
Sold · April 14, 2026
226 Lake Arbor Drive
2 bed · 2 bath · 1,232 sqft · $239/sqft
$14,000 under the asking price
Sold$215,000
Sold · March 25, 2026
192 Lake Arbor Drive 192
2 bed · 2 bath · 1,232 sqft · $175/sqft
$10,000 under the asking price
Sold$295,000
Sold · December 12, 2025
197 Lake Arbor Drive
2 bed · 2 bath · 1,232 sqft · $239/sqft
$2,000 under the asking price
Sold$248,000
Sold · October 15, 2025
15 Lake Arbor Drive
2 bed · 2 bath · 1,232 sqft · $201/sqft
$12,000 under the asking price
See every recorded sale in Lakewood Of Palm Springs or find out what your Lakewood Of Palm Springs home is worth.
