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$320,000
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Property Description
Rare Cypress Lakes, Divosta built, home in the center of Palm City. Brand new (2023) roof, freshly painted, re-plumbed and a beautiful lake view. Ready for you to bring your furniture. Divosta builds one of the most popular homes and floor plans in Florida. This Capri model overlooks the lake and is shaded by a wonderful oak tree. Cypress Lakes is close to downtown Stuart shopping and restaurants. Palm City is quickly becoming a food and golf destination and this home sits right in the heart of this community. Easy access to I-95 and the Turnpike. Accordian shutters, a new roof and poured concrete construction make this a forever home.
Full Property Details
Full Property Details for 1607 SW Shady Lake Terrace
General
- Sold For: $320,000
- HOA FEE: $289
- Taxes: $5,867 (2024)
- Status: Closed
- Type: Single Family
- Source: Regional
- MLS ID: R11063518
- Added to Site: 178 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Living/Dining Room, Main Level Primary, Split Bedrooms
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: Laundry Tub
Additional Information
- Shared Amenities: None, Sidewalks
Exterior
- Exterior Features: Outdoor Living Area
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Attached, Garage, Garage Door Opener
Location
- County: Martin
- Subdivision: CYPRESS LAKE
- Direction Faces: North
Community
- Community Name: 6090 - Palm City
- Association: Yes
- Assoc. Fees Include: Common Areas, Cable TV
- Pets Allowed: Yes
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Mediterranean
- Builder: DiVosta Homes
- Model: Capri
- Construction: Concrete
- Roof: Barrel
- Entry Location: Entry Level Living Area Y
- Stories/Levels: 1
- Building Size: 2100
- Square Feet: 1,540
- Living Area: 1,540 Sq. Ft.
- Year Built: 1995
- Property Condition: Resale
Lot Features
- Property View: Pond
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Lot Features: Sprinklers Automatic, Sprinkler System, Zero Lot Line
- Zoning: R1
Water Features
- Water Front: Yes
Financial Considerations
- Association Fee: $289
- Tax Amount: $5,867.16
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: CYPRESS LAKE PH I LOT 56
- Disclosures/Rstr.: Deed Restriction
- Property ID: 73841021000005606
Listed by Engel & Volkers Stuart
Sold by RE/MAX of Stuart
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Schools
Schools serving 1607 SW Shady Lake Terrace
School District:Martin County School District
| Name | Grades | Distance |
|---|---|---|
Bessey Creek Elementary School 2201 Southwest Matheson Avenue, Palm City, FL 34990 | PK-5 | 0.1 mi |
Hidden Oaks Middle School 2801 Southwest Martin Highway, Palm City, FL 34990 | 6-8 | 1.4 mi |
Martin County High School 2801 South Kanner Highway, Stuart, FL 34994 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1607 SW Shady Lake Terrace
Date
Details
Price
Change
Source
11/07/2025
Sold
$320,000
-8.57%
MLS
10/15/2025
Price Reduced
$350,000
-2.51%
MLS
9/16/2025
Price Reduced
$359,000
-1.64%
MLS
7/31/2025
Price Reduced
$365,000
-3.69%
MLS
6/09/2025
Price Reduced
$379,000
-2.57%
MLS
4/08/2025
Price Reduced
$389,000
-2.51%
MLS
3/24/2025
Price Reduced
$399,000
-2.56%
MLS
2/18/2025
Listed
$409,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1607 SW Shady Lake Terrace, Palm City, FL 34990 (MLS# R11063518) is a Single Family property that was sold at $320,000 on November 07, 2025. Want to learn more about 1607 SW Shady Lake Terrace? Do you have questions about finding other Single Family real estate for sale in Palm City? You can browse all Palm City real estate or contact a Coldwell Banker agent to request more information.

