Tour
$4,394 Closing Credit¹
#RX-11057586, Kelley Decowski, Listing Office: RE/MAX of Stuart
#RX-11063518·
Listing office: Engel & Volkers Stuart·
Listing agent: Stacy M. Little·
Listing agent phone: (772) 263-0907·
Listing office phone: (772) 494-6999
$389,000 List price
1607 SW Shady Lake Ter Palm City, FL 34990
$4,619
Closing credit¹
2 beds
2 full
1,540 sqft
$253 / sqft
House
Property details
About 1607 SW Shady Lake Ter
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.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Electric
Size1,540 sqft
Year built1995
Parking2+ Spaces, Garage - Attached
MLS #RX-11063518
Attached garage2 spaces
WaterfrontPond
ViewPond
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Washer, Electric Water Heater
- Flooring Type: Ceramic Tile, Laminate
- Interior: Ctdrl/Vault Ceilings, Entry Lvl Lvng Area, Foyer, Laundry Tub, Split Bedroom, Volume Ceiling, Walk-in Closet
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: 2+ Spaces, Garage - Attached
- Waterfront: Pond
- View: Pond
- Exterior: Auto Sprinkler, Screen Porch, Zoned Sprinkler
- Architectural Style: Mediterranean, Villa
- Heating: Central
- Cooling: Central Air, Electric
- List Price: $389,000
- Price/SqFt: $252
- HOA Amount: $289
- HOA Frequency: Monthly
- Annual Tax Amount: $5,630
- Tax Year: 2023
- Lot: Zero Lot Line
- Year Built: 1995
- Stories: 1
- Living Area: 1,540 SqFt
- MLS Number: RX-11063518
- Office Name: Engel & Volkers Stuart
- Office Phone: (772) 494-6999
- Listing Agent: Stacy M. Little
- Agent Phone: (772) 263-0907
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$389,000
1607 SW Shady Lake Ter
$4,619
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 03, 2014 | Home Sold | $190,000 |
| May 18, 2006 | Home Sold | $315,000 |
| Oct 28, 2004 | Home Sold | $246,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $295,350 | $5,630 |
| 2022 | $268,500 | $4,873 |
| 2021 | $244,574 | $4,873 |
| 2020 | $222,340 | $4,630 |
| 2019 | $217,460 | $2,630 |
| 2017 | $168,811 | $2,479 |
History based on county public records data.
Nearby schools
8
Bessey Creek Elementary School
Public District PK-5
0.1 mi
•2201 SW Matheson Ave
8
Palm City Elementary School
Public District PK-5
1.0 mi
•1951 SW 34th St
9
Citrus Grove Elementary School
Public District PK-5
2.6 mi
•2527 SW Citrus Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $77,019. Typical income of Palm City, FL residents is between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
28%
<35k
40%
35k-100k
23%
100k-200k
9%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
37%
Single, No Kids
4%
Single, with Kids
54%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
3%
12-17 yrs old
4%
18-34 yrs old
31%
35-64 yrs old
57%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Symphony or Opera
Where do the neighbors shop?
Chico's
Stein Mart
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Boston Market
What do the neighbors drive?
Cadillac
Lincoln
Mazda
What do the neighbors listen to?
Classical
Rock
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1607 SW Shady Lake Ter
The listing price of 1607 SW Shady Lake Ter property is $389,000.
The property 1607 SW Shady Lake Ter is a house located in Palm City, Florida, 34990.
Active Listing: 1607 SW Shady Lake Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1607 SW Shady Lake Ter are: Bessey Creek Elementary School (GreatSchools Rating 8/10), Palm City Elementary School (GreatSchools Rating 8/10), Citrus Grove Elementary School (GreatSchools Rating 9/10), Hidden Oaks Middle School (GreatSchools Rating 7/10), Stuart Middle School (GreatSchools Rating 4/10), Dr. David L. Anderson Middle School (GreatSchools Rating 3/10), Martin County High School (GreatSchools Rating 5/10), Spectrum Academy (GreatSchools Rating 1/10), Willoughby Learning Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $5,630 (source: MLS/based on county public records data).
The last sale was on December 3, 2014 for $190,000 (source: MLS/tax record).
The property at 1607 SW Shady Lake Ter has 2 bedrooms and 2 bathrooms.
The property 1607 SW Shady Lake Ter is 1,540 SqFt (source: MLS/tax record).
The year of construction for 1607 SW Shady Lake Ter is 1995.
This home is located at 1607 SW Shady Lake Ter in Palm City, FL and zip code 34990. This 1,540 square foot home was built in 1995. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $389,000.
Palm City, FL housing market in March 2025 saw over 1 listings sold above listed price, more than 8 sold at listed price and over 24 sold below. The inventory of homes for sale in Palm City, FL between February and March 2025 increased by 4.9%. The median list price of listings available in March 2025 was $630,000, while the average time on the real estate market was 78 days.
From Rocket Homes Real Estate and based on county public records data.