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234 Lake Arbor Drive, Palm Springs FL 33461

Townhouse For Sale
$314,999

BTC: 5.02390750

ETH: 197.52992745

2 days
2 bds
2 ba
1,232 sqft

Overview

Welcome to this beautifully updated two-bedroom, two-bathroom townhouse nestled in the desirable Lakewood of Palm Springs community! This investor-friendly community allows rentals immediately, making it an excellent opportunity for both homeowners and investors. Move-in ready and featuring brand-new flooring, fresh interior paint, and priced to sell, this home offers the perfect blend of comfort and style. The well-appointed kitchen is ideal for cooking and entertaining, showcasing stainless steel appliances, granite countertops, a breakfast bar, wood cabinetry with recessed lighting, and an open layout that flows seamlessly into the spacious living area. Each bedroom features its own private balcony, while the kitchen opens to a private fenced patio—perfect for relaxing or entertaining. Located in a peaceful, quiet community with convenient access to shopping, dining, major roadways, and public transportation, this exceptional property combines comfort, convenience, and immediate income potential. Whether you're looking for your next home or a great investment, this one is a must-see!

Location

Details

Type:
Residential
Parking:
Assigned / Limited # Of Vehicle / No Boats / No Rv/Boats
Year Built:
1978
Lot:
No Data
Heating:
Central
Price/sqft:
$256
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$888

Valuation

Our model vs. what's actually selling nearby.
Estimate
$270,000
$177K – $315K
Confidence Low
List vs. estimate
$44K above estimate
List $314,999 · +16.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$255
+12.5% vs. city median $227
Based on
109 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $157K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,522
2025
HOA
$888/qtr
Parking
2 spaces
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Gas Water Heater

    • Natural Gas Water Heater

    • Dishwasher

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Stacked Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Limited # Of Vehicle

    • No Boats

    • No Rv/Boats

    Property

    • Levels: 2

    • Exterior Features: Courtyard / Open Balcony

    Other Property Information

    • Parcel Number: 70434417540012340

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Townhouse

  • Utility

    • Other Utilities Available

    • Other

  • Other financial information

    • HOA: $888

    • HOA Frequency: Quarterly

    • Annual tax amount: $4,522

  • Source details

    • MLS ID: B26049752

    Other facts

    • Construction Materials: Brick / Stucco

    • Fireplace Features: Decorative

    • Lot Features: Fenced

    • Patio And Porch Features: Open Balcony / Patio

    • Direction Faces: South

    • Other Structures: Livable

    • Architectural Style: Corner Unit

    • Fireplace: Yes

    • Living Area: 1232

    • Water Source: Public

    • Subdivision Name: Lakewood of Palm Springs,Lakewood of Palm Spr

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Florida's Best Realty Services