Address
7991 Midway Drive Terrace L201, OCALA, FL
Price
$ 134,900
Property Attributes
  • MLS#OM726210
  • TypeCondos
  • Listing Status Active
  • CountyMarion
  • CityOCALA
  • AreaOcala
  • NeighborhoodDERBY DOWNS
  • Zip34472
  • StyleCondominium
  • Year Built1987
  • Taxes$ 1998
  • Price$ 134,900
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage840
  • Lot Size0.01 Acres
Data Source:
Stellar MLS
Property Description

TURNKEY FURNISHED and ready for immediate enjoyment! This beautifully updated 2-bedroom, 2-bath condominium in the desirable 55+ community of Derby Downs offers carefree Florida living with scenic golf course and water views. Inside, you'll find 840 square feet of thoughtfully designed living space plus an additional 140-square-foot screened lanai—the perfect place to enjoy your morning coffee, unwind with a good book, or take in peaceful sunsets overlooking the fairways and water. The recently renovated kitchen is a standout feature, boasting all-new appliances, granite countertops, a farmhouse-style sink, updated cabinetry, and modern finishes that make meal preparation both functional and enjoyable. Both bathrooms feature new vanities, granite countertops and new fixtures as well. Being sold completely furnished, this move-in-ready home allows you to start enjoying the Florida lifestyle from day one. The spacious primary suite and comfortable guest accommodations provide plenty of room for visiting family and friends. Residents of Derby Downs enjoy low-maintenance living with HOA services that include exterior building maintenance, common area upkeep, garbage collection, pest control, and the peace of mind of roofs replaced in 2019-2020. An assigned parking space is conveniently located directly in front of the building. Outdoor enthusiasts will appreciate the abundance of nearby recreational opportunities, including Silver Springs State Park, the Silver River, Lake Weir, Little Lake Weir, and multiple golf courses such as Silver Springs Shores Golf & Country Club and Lake Diamond Golf Club. Shopping, dining, medical facilities, and everyday conveniences are also just minutes away. Whether you're looking for a full-time residence, seasonal retreat, or low-maintenance Florida getaway, this furnished condo offers exceptional value, beautiful views, and an active lifestyle in one of Ocala's most convenient locations. Schedule your private showing today and discover why Derby Downs is such a popular destination for active adults!

Price History
6/8/2026 Listed $134,900

General Features

Sewer Public Sewer
Heating Central,Heat Pump
Cooling Central Air
Utilities Cable Available,Electricity Connected,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
Zoning R3
HOA Fee 337.94
Association Fee Includes Common Area Taxes,Maintenance Structure,Maintenance Grounds,Maintenance Repairs,Manager,Pest Control,Trash
Patio/Porch Features Rear Porch,Screened
Construction Materials Metal Siding,Wood Frame
Pets Allowed Number Limit,Size Limit
Year Built 1987
View Golf Course,Trees/Woods,Water
Levels One
Unit Number L201
Property Subtype Condominium
Tax Year 2025
Ownership Fee Simple
Community Features Buyer Approval Required,Deed Restrictions
Assoc Fee Paid Per Monthly
County Marion
New Construction false
Property Type Residential
Association Amenities Maintenance
Subdivision Name DERBY DOWNS
Facing Direction Northwest
Garage Y/N false
Total Rooms 5
Full Baths 2
Status Active
Directions From 464 turn onto Midway Road between CVS and Walgreens. Follow to the end of road and turn right onto Midway Drive. Road turns into Midway Drive Terrace and all the way to the back of Derby Downs community to building L.
City OCALA
Association Name Vine Management / Laurie Gahr
Senior Community Y/N true
MLS Area 34472 - Ocala
Lot Size Units Square Feet
Lot Size Square Feet 377
Carport Y/N false
Listing Terms Cash,Conventional
Land Lease Y/N false
Tax Annual Amount 1998.59
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://mls.kuu.la/share/collection/7TpgY?fs=1&vr=1&zoom=1&sd=1&initload=0&autorotate=0.55&autopalt=1&thumbs=1
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Legal Description SEC 10 TWP 16 RGE 23 PLAT BOOK J PAGE 451 DERBY DOWNS CONDOMINIUM SILVER SPRINGS SHORES UNIT 62 BLDG L UNIT 201
Pet Size Limit Small (16-35 Lbs.)
Minimum Lease 3 Months
Water Access Y/N false
Monthly HOA Amount 337.94
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Living Room/Dining Room Combo,Window Treatments
Flooring Carpet,Laminate
Furnished Y/N Furnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Kitchen,Inside
Total Bedrooms 2
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Exterior Amenities Rain Gutters
Vegetation Mature Landscaping,Trees/Landscaped
Parking Features Assigned
Water Source Public
Lot Size Area 377
Foundation Details Slab
Building Area Total 996
Lot Size Acres 0.01
Road Surface Type Asphalt,Paved
Private Pool false
Waterfront Y/N false
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 34472

Price
AVG $120K
$130K
Taxes
AVG $1,764
$1,998
Year Built
AVG 1976
1987

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