For sale

$323,000

255 Lake Arbor Drive, Palm Springs, FL 33461

2beds

1,232sqft

$2,477/mo

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Townhouse

Built in 1978

1,124 Square Feet Lot

$313,200 Zestimate^®

$262/sqft

$283/mo HOA

What's special

Quartz countertopsFenced-in patio

Newly renovated townhome! This 2/2 townhouse has a fully upgraded white shaker kitchen with quartz countertops, brand new stainless steel appliances, and brand new floors throughout the home. Located in the heart of Palm Springs, this townhome is a perfect starter home. With a spacious living room and a fenced-in patio, it's an ideal space for both relaxation and entertaining. One of the highlights of this property is its convenient layout—each floor has a full bathroom, offering both comfort and practicality. Located just minutes from I-95, commuting is a breeze, and you'll love the proximity to nearby shops, dining, and entertainment options. Whether you're a first-time homebuyer or looking to downsize, this townhouse offers the perfect blend of convenience

22 days

97

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1

Primary bedroom

Level: Second
Area: 208
Dimensions: 16 X 13

Primary bedroom

Level: Second
Area: 208
Dimensions: 16 X 13

Bedroom 2

Level: Second
Area: 154
Dimensions: 14 X 11

Bedroom 2

Level: Second
Area: 154
Dimensions: 14 X 11

Dining room

Level: First
Area: 121
Dimensions: 11 X 11

Dining room

Level: First
Area: 121
Dimensions: 11 X 11

Kitchen

Level: First
Area: 99
Dimensions: 11 X 9

Kitchen

Level: First
Area: 99
Dimensions: 11 X 9

Living room

Level: First
Area: 234
Dimensions: 18 X 13

Living room

Level: First
Area: 234
Dimensions: 18 X 13

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Range, Refrigerator, Water Heater, Washer
Laundry: Inside, In Bathroom, Lower Level

Features

None, Upper Level Primary
Flooring: Carpet, Laminate, Tile, Wood
Windows: Sliding
Has fireplace: No

Interior area

Total structure area: 1,274
Total interior livable area: 1,232 sqft

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Property

Parking

Total spaces: 2
Parking features: Assigned, On Street
Uncovered spaces: 2

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Open, Patio, Balcony
Exterior features: Balcony, Outdoor Living Area
Fencing: Back Yard,Fenced,Gate
Waterfront features: None

Lot

Size: 1,124 Square Feet
Features: < 1/4 Acre

Details

Parcel number: 70434417540012550
Zoning: RM (city)
Special conditions: Standard,Listed As-Is

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse

Materials

Brick, Block, Stucco
Roof: Mansard,Shingle,Wood

Condition

Resale
New construction: No
Year built: 1978

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Features: Home Owners Association
Security: None
Subdivision: LAKEWOOD OF PALM SPRINGS

HOA

Has HOA: Yes
Amenities included: Park, Sidewalks
Services included: Common Areas, Insurance, Maintenance Grounds, Trash
HOA fee: $283 monthly

Location

Region: Palm Springs

Financial & listing details

Price per square foot: $262/sqft
Tax assessed value: $202,595
Annual tax amount: $4,522
Date on market: 7/9/2026
Cumulative days on market: 24 days
Listing terms: Cash,Conventional,FHA,VA Loan
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$313,200

$298,000 - $329,000

$2,261/mo

Price history

Date	Event	Price
7/9/2026	Listed for sale	$323,000+101.9%$262/sqft
Source: BeachesMLS #B26050356 Report a problem
8/12/2019	Sold	$160,000+55.3%$130/sqft
Source: Public Record Report a problem
8/29/2014	Sold	$103,000+5.2%$84/sqft
Source: BeachesMLS #R10056079 Report a problem
7/12/2014	Listed for sale	$97,900+30.9%$79/sqft
Source: Leibowitz Realty Inc. #RX-10056079 Report a problem
9/17/2001	Sold	$74,800$61/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,522 +5.7%	$202,595 +10%
2024	$4,277 +6.2%	$184,177 +10%
2023	$4,027 +12.2%	$167,434 +10%
2022	$3,590 +14.5%	$152,213 +10%
2021	$3,136 +2.6%	$138,375 +3.7%
2020	$3,057 +10.7%	$133,375 +17.8%
2019	$2,761	$113,187 -1.8%
2018	$2,761 +11.8%	$115,308 +11.6%
2017	$2,469 +7.2%	$103,308 +21.5%
2016	$2,304 +6.1%	$85,039 +10%
2015	$2,171 +179.2%	$77,308 +58.3%
2014	$777 +2.2%	$48,834 +1.5%
2013	$761 +2.2%	$48,112 +1.7%
2012	$744 -14.6%	$47,308 -17.2%
2011	$871 +0.9%	$57,153 +1.5%
2010	$863 -10.6%	$56,308 -24.2%
2009	$966 +9.8%	$74,308 -8.4%
2008	$880 -17.9%	$81,107 +3%
2007	$1,071 -6.4%	$78,745 +2.5%
2006	$1,144	$76,824 +3%
2005	--	$74,586 +3%
2004	$609 +607.6%	$72,414 +1.9%
2003	$86 -94.2%	$71,064 +16.6%
2002	$1,481 +173.5%	$60,949 +32.5%
2001	$541 +6.1%	$46,004 +3%
2000	$510 +19.8%	$44,664
1999	$426	$44,664

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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