How do I schedule a tour of 1607 SW Shady Lake Terrace, Palm City, FL 34990?

Use the Tour button on this listing to request a showing of 1607 SW Shady Lake Terrace, Palm City, FL 34990. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 1607 SW Shady Lake Terrace, Palm City, FL 34990 still available?

1607 SW Shady Lake Terrace, Palm City, FL 34990 is currently listed as Sold, and has been on the market 233 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 1607 SW Shady Lake Terrace, Palm City, FL 34990?

With 20% down ($70,000) on the $350,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1607 SW Shady Lake Terrace, Palm City, FL 34990 is about $1,839/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 1607 SW Shady Lake Terrace, Palm City, FL 34990?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1607 SW Shady Lake Terrace, Palm City, FL 34990. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 1607 SW Shady Lake Terrace, Palm City, FL 34990 have an HOA fee?

Yes: 1607 SW Shady Lake Terrace, Palm City, FL 34990 carries an HOA fee of about $289 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

Can I negotiate the price of 1607 SW Shady Lake Terrace, Palm City, FL 34990?

Often, yes. The right offer on 1607 SW Shady Lake Terrace, Palm City, FL 34990 depends on how it's priced against comparable single family sales in Palm City, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Sold

233 Days on Market

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$320,000

Sold · November 7, 2025

1607 SW Shady Lake Terrace

Palm City, FL 34990

CYPRESS LAKE

Explore the area: Palm City homes for sale · Martin County real estate

Sale Summary

What this home sold for

Sold price: $320,000
Vs. list price: 8.6% under
Days on market: 233
Price per sq ft: $208

This 2-bedroom single-family home in ZIP 34990 sold for $320,000 on November 7, 2025. That was 8.6% below its final list price of $350,000. It first came on the market at $409,500, so the price was adjusted before it sold. It spent 233 days on the market. At $208 per square foot, it closed 27% below the $285 median of the 3 other single-family home sales in the recent closings shown below.

Bedrooms

Bathrooms

1,540

Living Sq Ft

1995

Year Built

Listing Snapshot

Sold Price: $320,000
Sold On: November 7, 2025
Days on Site: 233 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,540 sqft
Total Sq Ft: 2,100 sqft
Lot Size: 0.11 Acres
Year Built: 1995
Property Type: Single Family
MLS #: R11063518
Property Tax: $5,867 (2024)
HOA Fees: $289 / Monthly
Subdivision: CYPRESS LAKE
County: Martin
Status: Sold
Special Conditions: Listed As Is

About This Property

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.

Virtual Tour

General Features

Property Type: Single Family
Status: Sold
Year Built: 1995
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 2
Attached Garage: Yes
Parking: Attached / Garage / Garage Door Opener
Direction Faces: North
Lot Size (Acres): 0.11
Living Sq Ft: 1,540
Total Sq Ft: 2,100
Sewer: Public Sewer
Water Source: Public
Zoning: R1

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Water Heater / Washer
Cooling: Central Air / Electric
Heating: Central
Flooring: Ceramic Tile / Laminate
Interior Features: Cathedral Ceilings / Entrance Foyer / High Ceilings / Living Dining Room / Main Level Primary / Split Bedrooms / Vaulted Ceilings / Walk In Closets
Laundry: Laundry Tub
Main Level Bedrooms: 2
Main Level Baths: 2
Furnished: Unfurnished

Exterior Features

Construction: Concrete
Roof: Barrel
Exterior Features: Outdoor Living Area / Porch
Architectural Style: Mediterranean
Patio & Porch: Porch / Screened
Lot Features: Sprinklers Automatic / Sprinkler System / Zero Lot Line
Waterfront: Yes
Waterfront Features: Pond
View: Pond

Community & HOA

HOA Fee: $289 / Monthly
HOA Includes: Common Areas / Cable Tv
Association Amenities: None / Sidewalks
Community Features: Home Owners Association
Utilities: Cable Available / Sewer Available / Water Available
Pets Allowed: Breed Restrictions / Number Limit / Pet Restrictions / Yes
55+ Community: Yes
Financing Terms: Cash / Conventional / FHA / Va Loan
Restrictions: Buyer Approval Required / Ok To Lease
MLS Area: 6090 - Palm City

About the Area

Palm City

View Palm City Real Estate →

Browse Palm City homes for sale across every neighborhood and price point in Martin. Available homes span single-family, townhome, and condo segments throughout the city. Palm City includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Martin, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Martin market data, see Florida Realtors' monthly statistics. Browse the latest Palm City listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale: 332
Median List Price: $650,000
Median $/Sq Ft: $280
Avg Days on Market: 118

View all 332 homes for sale in Palm City →

Frequently Asked Questions

How do I schedule a tour of 1607 SW Shady Lake Terrace, Palm City, FL 34990?: Use the Tour button on this listing to request a showing of 1607 SW Shady Lake Terrace, Palm City, FL 34990. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1607 SW Shady Lake Terrace, Palm City, FL 34990 still available?: 1607 SW Shady Lake Terrace, Palm City, FL 34990 is currently listed as Sold, and has been on the market 233 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1607 SW Shady Lake Terrace, Palm City, FL 34990?: With 20% down ($70,000) on the $350,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1607 SW Shady Lake Terrace, Palm City, FL 34990 is about $1,839/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1607 SW Shady Lake Terrace, Palm City, FL 34990?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1607 SW Shady Lake Terrace, Palm City, FL 34990. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 1607 SW Shady Lake Terrace, Palm City, FL 34990 have an HOA fee?: Yes: 1607 SW Shady Lake Terrace, Palm City, FL 34990 carries an HOA fee of about $289 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 1607 SW Shady Lake Terrace, Palm City, FL 34990?: Often, yes. The right offer on 1607 SW Shady Lake Terrace, Palm City, FL 34990 depends on how it's priced against comparable single family sales in Palm City, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Engel & Volkers Stuart

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.

$320,000

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Listed by Stacy M. Little, Engel & Volkers Stuart

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Zip Codes in Martin County

34997 Homes for Sale$439,900 34957 Homes for Sale$449,000 34990 Homes for Sale$650,000 34994 Homes for Sale$319,000 33455 Homes for Sale$570,000 34996 Homes for Sale$487,000 34956 Homes for Sale$62,400

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Recently sold homes in ZIP 34990

These are the last 6 recorded closings in ZIP 34990, with the price each home actually sold for rather than what it was listed at. They closed at a median of $285 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.