1703 SW Shady Lake Terrace Palm City, FL 34990
Estimated payment $2,443/month
Highlights
- Lake Front
- Screened Porch
- Shutters
- Bessey Creek Elementary School Rated A-
- Hurricane or Storm Shutters
- 2 Car Attached Garage
About This Home
Tucked Away in the Heart of Palm City in Desirable Cypress Lake is This 2 Bedroom, 2 Bath, 2 Car Garage Villa Offering Exceptional Lake View. New AC 2024, 2023 Re-Piping, Accordian Shutters, Screened Patio & Private Back Yard. The Open Floor Plan Features Large Living Room, Spacious Bedrooms Each W/ Walk-In Closets & Plenty of Storage Throughout. Low HOA Fees Include Cable & Lawn Care. Original Roof In Good Condition But Time For Replacement. Super Convenient to All A-Rated Schools, Shopping, Dining, Medical and Both the FL Turnpike & I-95.
Listing Agent
RE/MAX of Stuart - Palm City Brokerage Phone: 772-263-2229 License #707318 Listed on: 12/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,279
Year Built
- Built in 1995
Lot Details
- 4,748 Sq Ft Lot
- Lake Front
- South Facing Home
- Fenced
- Zero Lot Line
HOA Fees
- $287 Monthly HOA Fees
Home Design
- Villa
- Barrel Roof Shape
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,540 Sq Ft Home
- 1-Story Property
- Shutters
- Screened Porch
- Lake Views
- Hurricane or Storm Shutters
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Separate Shower
Parking
- 2 Car Attached Garage
- Driveway
- 1 to 5 Parking Spaces
Outdoor Features
- Patio
Schools
- Bessey Creek Elementary School
- Hidden Oaks Middle School
- Martin County High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Cable TV Available
Community Details
- Association fees include management, common areas, cable TV, ground maintenance
- Association Phone (772) 600-8900
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,290 | $220,620 | -- | -- |
| 2024 | $2,528 | $214,403 | -- | -- |
| 2023 | $2,528 | $167,252 | $0 | $0 |
| 2022 | $2,425 | $162,381 | $0 | $0 |
| 2021 | $2,411 | $157,652 | $0 | $0 |
| 2020 | $2,317 | $155,476 | $0 | $0 |
| 2019 | $2,283 | $151,980 | $0 | $0 |
| 2018 | $2,223 | $149,146 | $0 | $0 |
| 2017 | $1,786 | $146,079 | $0 | $0 |
| 2016 | $2,058 | $143,074 | $0 | $0 |
| 2015 | -- | $142,080 | $0 | $0 |
| 2014 | -- | $140,953 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | For Sale | $359,000 | -8.9% | $233 / Sq Ft | |
| 11/17/2023 11/17/23 | Sold | $394,000 | 0.0% | $256 / Sq Ft | View Prior Sale |
| 09/28/2023 09/28/23 | Pending | -- | -- | -- | |
| 09/07/2023 09/07/23 | Price Changed | $394,000 | -0.5% | $256 / Sq Ft | |
| 08/24/2023 08/24/23 | Price Changed | $396,000 | -4.3% | $257 / Sq Ft | |
| 08/10/2023 08/10/23 | Price Changed | $414,000 | -1.7% | $269 / Sq Ft | |
| 07/06/2023 07/06/23 | Price Changed | $421,000 | -2.1% | $273 / Sq Ft | |
| 06/22/2023 06/22/23 | Price Changed | $430,000 | -1.4% | $279 / Sq Ft | |
| 06/08/2023 06/08/23 | Price Changed | $436,000 | -1.6% | $283 / Sq Ft | |
| 05/18/2023 05/18/23 | Price Changed | $443,000 | -1.6% | $288 / Sq Ft | |
| 05/03/2023 05/03/23 | For Sale | $450,000 | -- | $292 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $394,000 | None Listed On Document | |
| Warranty Deed | $332,900 | None Listed On Document | |
| Warranty Deed | $100 | -- | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $187,000 | Gulfatlantic Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $128,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $294,000 | New Conventional | |
| Previous Owner | $78,900 | No Value Available |
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20053427
APN: 07-38-41-021-000-00870-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.
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