178 Lake Arbor Dr, Palm Springs, FL 33461

Townhouse · Active

$274,999

178 Lake Arbor Dr, Palm Springs, FL 33461 — MLS photo

Miami Foreclosures & Bank-Owned Properties

178 Lake Arbor Dr, Palm Springs, FL 33461

Bedrooms
2
Bathrooms
2
Interior
1,232 sq ft
Price / sq ft
$223/sq ft
Built
1978
Lot
—

The residence

Welcome to this spacious 2-bedroom, 2-bathroom townhome in the Lakewood community! This home features renovated bathrooms with modern tile and updated vanities, including one with dual sinks. Additional highlights include a full-size washer and dryer, and an A/C system installed in 2020. Enjoy a private fenced courtyard, perfect for relaxing or entertaining, along with two balconies overlooking the outdoor space. Additional features include a private storage shed and two assigned parking spaces. The community offers low HOA fees, a fenced children's playground, and allows cats and dogs (40 lb maximum for dogs). Conveniently located near I-95, Palm Beach International Airport, shopping, dining, and entertainment. PRICED TO SELL! Don't miss the opportunity to make this townhome your own!

Property location

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178 Lake Arbor Dr, Palm Springs, FL 33461

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,232 sq ft
Flooring
Carpet, Vinyl
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Self Cleaning Oven, Water Purifier, Washer
Cooling
Central Air
Heating
Central
Interior features
First Floor Entry, Other

Exterior & Structure

Property type
Townhouse
Year built
1978
Stories
2
Architectural style
Other
Construction
Other
Exterior features
Balcony, Fence, Patio, Shed
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
Two Or More Spaces

HOA, Community & Financials

Association fee
$283 Monthly
Fee inclusions
Maintenance Grounds
Amenities
None
Security
Security System Leased, Smoke Detectors
Pets allowed
Cats Ok, Dogs Ok, Size Limit, Yes
Annual tax
$3,469
Subdivision
LAKEWOOD OF PALM SPRINGS
County
Palm Beach
Days on market
1
MLS listing ID
A12118463
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$640

Cap rate
8.5%
Net yield
8.5%
Cash-on-cash return
10.0%
Gross yield
13.0%
Mortgage payment
$1,304/mo
Down payment
$68,750
Loan amount
$206,249
Annual NOI
$23,329

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

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178 Lake Arbor Dr, Palm Springs, FL 33461