CYPRESS LAKE

1607 SW Shady Lake Terrace, Palm City FL 34990

2 beds · 2 baths · 1,540 ft²

Closed

$350,000

14.53%

Est. Payment $1,863/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,540

Sq. Ft.

1995

Year Built

2

Garage

1

Stories

233

Days on Market

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.

Facts

MLS#
R11063518
Subdivision
CYPRESS LAKE
Property Type
Residential
Property Sub Type
—
Year Built
1995
Lot Size
4,792 ft²
Sq. Ft.
1,540 ft²
Sq. Mt.
143 m²
Price per sq. ft.
$227/ft²
Price per sq. mt.
$2,448/m²
Stories
1
Garage
2 spaces
Pool
—
Days on Market
233 days
Listed
Feb 18, 2025
Last Updated
Aug 18, 2026
Price/Lot Sq.Ft.
$73/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palm City

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

49

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/18/2026Sold$350,000
10/15/2025Price change$350,000-14.5%
2/18/2025Listed for sale$409,500

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1607 SW Shady Lake Terrace, Palm City FL 34990Directions

Estimated Monthly Payment

$2,305/mo

Principal & Interest

$1,863

Property Tax

$292

Insurance

$150

HOA

$0

20% ($70,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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