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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
- Status: Closed
- Type: Condo /Townhouse
- Source: Regional
- MLS ID: RX-11063518
- Added to Site: 334 day(s) ago
Interior
- Interior Features: Ctdrl/Vault Ceilings, Entry Lvl Lvng Area, Foyer, Laundry Tub, Split Bedroom, Volume Ceiling, Walk-In Closet
- Appliances: Auto Garage Open, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Washer, Water Heater - Elec
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 15 x 12
- Bedroom 2: 14 x 12
Other Rooms
- Living Room: 18 x 16
- Kitchen: 15 x 12
- Dining Room: Dining-Living
- Other Room 4: Family
Exterior
- Exterior Features: Auto Sprinkler, Screen Porch, Zoned Sprinkler
Parking
- Garage Spaces: 2
- Parking: 2+ Spaces, Garage - Attached
- Garage Description: 2 Spaces
Location
- Area: 9 - Palm City
- County: Martin
- Subdivision: Cypress Lake
Heating & Cooling
- Cooling Type: Central, Electric
- Heating Type: Central
Utilities
- Utility Description: Cable, Electric, Public Sewer, Public Water
Structural Information
- Construction: Concrete
- Roof: Barrel
- Stories/Levels: 1.00
- Square Feet: 1,540
- Year Built: 1995
Lot Features
- Property View: Pond
- Zoning: R1
- Lot Description: Zero Lot
Water Features
- Water Front: Yes
- Water Front Type: Pond
- Water Front Desc.: Pond
- Water Front View: Pond
Financial Considerations
- Association Fee: $289
- Tax Amount: $5,867.16
- Terms: Cash
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# RX-11063518) is a Condo / Townhouse 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 Condo / Townhouse 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.

