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1607 SW Shady Lake Terrace, Palm City, FL 34990 (MLS# R11063518)

1607 SW Shady Lake Terrace, Palm City, FL 34990

$320,000

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https://www.propertypanorama.com/1607-SW-Shady-Lake-Terrace-Palm-City-FL-34990/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 2,100 Status: Closed

Current Price: $320,000 List Date: 9/08/2025 Last Modified: 5/08/2026

Overview

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.

Listing Details MLS# R11063518

General Property Information

Total Units In Building: 2
Property Sub Type: Villa
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 2100
Building Area Source: Public Records
Living Area Main: 1540
Year Built: 1995
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Gated Community YN: No
Lot Size Area: 4750
Lot Size Acres: 0.11
Senior Community YN: Yes
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Direction Faces: North
Pool Private YN: No
Builder Model: Capri
Furnished: Unfurnished
Year Roof Installed: 2023

Property Features

Association Fee Includes: Cable TV; Common Areas Dining Area: Dining/Living Room Electric: Three Phase Flooring: Ceramic Tile; Laminate Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Mediterranean Construction Materials: Concrete Cooling: Central Air Association Type: Homeowner Association Heating: Central Interior Features: Bedroom Layout - Split; Cathedral Ceiling(s); Entrance Foyer; High Ceilings; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Laundry Tub Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Zero Lot Line Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Pet Restrictions Possible; Number Limit Restrictions: Buyer Approval Required; Lease OK Roof: Barrel Sewer: Public Sewer Special Information: Deed Restrictions; Sold As-Is Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Structure Type: Villa Tax Information: County Only Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Pond Waterfront Features: Pond Showing Requirements: Schedule Online; Vacant Outdoor Living Spaces: Porch Porch Details: Porch - Screened Contingencies: None Room Types: Bedroom 2; Family Room; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 409500

Location and Legal

Country: United States
County Or Parish: Martin
County Parish Name: Martin
Street Number: 1607
Street Direction Prefix: SW
Street Name: Shady Lake
Street Suffix: Terrace
City Name: Palm City
State Or Province: FL
Postal Code: 34990
Postal Zip: 34990
Subdivision Name: CYPRESS LAKE
Area: 6090 - Palm City
Geographic Area: MRTC - Martin County
Special Assessment YN: No
Parcel Number: 073841021000005606
Zoning: R1

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 289
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 5867.16
Tax Year: 2024
Tax Legal Description: CYPRESS LAKE PH I LOT 56

Status Change Information

Major Change Timestamp: 2025-11-11T18:14:34Z
Major Change Type: Status Change
Price Change Timestamp: 2025-10-15T15:08:01Z
Status Change Date: 2025-11-11
Under Contract Date: 2025-10-16
Close Date: 2025-11-07
Close Price: 320000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Entry Information

Entry Location: Entry Level Living Area Y

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Storm Protection

Accordian Shutters: Complete

Showing Details

Pet(s) on Premises: No

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Bedroom 2 Level: Main
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Bedroom 2: Yes
Family Room: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 207.79
Original List Price To Close Price: 1.27

Originating Details

Originating System Key: 20250218162118632443000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Sidewalks: Yes
None: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes

Dining Area

Dining/Living Room: Yes

Electric

Three Phase: Yes

Flooring

Ceramic Tile: Yes
Laminate: Yes

Parking Features

Garage Door Opener: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Structure Type

Villa: Yes

Sewer

Public Sewer: Yes

Special Information

Deed Restrictions: Yes
Sold As-Is: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes

Sprinkler Description

Auto Sprinkler: Yes
Zoned Sprinkler: Yes

Water View

Pond: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Washer: Yes
Water Heater: Yes

Construction Materials

Concrete: Yes

Interior Features

Bedroom Layout - Split: Yes
Cathedral Ceiling(s): Yes
Entrance Foyer: Yes
High Ceilings: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes

Laundry Features

Laundry Tub: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Zero Lot Line: Yes

Roof

Barrel: Yes

Water Source

Public: Yes

Waterfront Features

Pond: Yes

Water Heater Details

Electric Water Heater: Yes

Architectural Style

Mediterranean: Yes

Cooling

Central Air: Yes
Electric: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

Schedule Online: Yes
Vacant: Yes

Master Bedroom/Bath

Master Bdrm - Ground: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Breed Restrictions: Yes
Pet Restrictions Possible: Yes
Number Limit: Yes

Restrictions

Buyer Approval Required: Yes
Lease OK: Yes

Tax Information

County Only: Yes

Outdoor Living Spaces

Porch: Yes

Porch Details

Porch - Screened: Yes

Contingencies

None: Yes

Room Information

Room Name	Length	Width	Level
Living Room	18.00	16.00	Main
Kitchen	15.00	12.00	Main
Master Bedroom	15.00	12.00	Main
Bedroom 2	14.00	12.00	Main
Family Room

Listing Office: Engel & Volkers Stuart

Last Updated: May - 08 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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1607 SW Shady Lake Terrace, Palm City, FL 34990 (MLS# R11063518)