$128,000
7885 Midway Drive Terrace
Ocala, FL 34472
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Bright and cheerful furnished 2 bedroom/2 bathroom first-floor condo in Derby Downs, a welcoming 55+ community! Move-in ready and turn-key, including linens, dishes, and more, with maintenance-free living. Enjoy new laminate flooring in the main living areas and a beautiful pond just steps away, perfect for relaxing or taking a stroll. The primary bedroom features an ensuite bathroom, and the indoor laundry includes a washer and dryer. A reserved parking spot is just steps from the front door, with additional guest parking nearby. Residents can enjoy the Silver Springs Shores Community Center just 1/2 mile away, with swimming pools, basketball, pickleball, and tennis courts for fun and socializing. HOA fees cover roof upkeep, exterior building repairs and painting, lawn maintenance and landscaping, irrigation, pest control, and trash service. This peaceful and friendly neighborhood is conveniently located near shopping, dining, parks, and just minutes from Lake Weir. Schedule your tour today!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history105 days on market
- Status: ActiveFeb 16, 2026
- Listed$135,000Feb 16, 2026
- Price reduced$128,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 105
- Subdivision
- Derby Downs
- County
- Marion
- Year built
- 1987
- Living area
- 840 sq ft
- Price/sq ft
- $152
- Building area
- 948 sq ft (Public Records)
- Lot size
- 424 sq ft
- Flood zone
- X
- Annual taxes
- $2,295 (2025)
- Parcel #
- 90490-05-101
- Zoning
- R3
- MLS #
- OM718832
Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Luxury Vinyl
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Interior features
- Other
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- Southeast
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Assigned
HOA & Financial
- HOA fee
- $338 / Monthly
- Monthly HOA
- $338/mo
- Total monthly fees
- $338/mo
- Total annual fees
- $4,055
- HOA name
- Vine Management/ Laurie Gahr
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Contact HOA for Lease Restrictions
- Approval process
- Association Approval Required
Exterior & Construction
- Exterior features
- Lighting, Other, Rain Gutters, Sliding Doors
- Construction materials
- Metal Siding
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected
Community
- Pets allowed
- Yes
- Senior community
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | |
| Living Room | First | |
| Primary Bedroom | First |
Listing Details
- Listing date
- 2026-02-16
- On market date
- 2026-02-16
- Original list price
- $135,000
- Occupant type
- Vacant
- MLS area
- 34472 - Ocala
- Listing AOR
- Ocala - Marion
- Status changed
- 2026-02-16
- Tax legal description
- SEC 10 TWP 16 RGE 23 PLAT BOOK J PAGE 451 DERBY DOWNS CONDOMINIUM SILVER SPRINGS SHORES UNIT 62 BLDG E UNIT 101
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head east on SE Mari camp Road (CR-464), then turn left onto Midway Road and continue north until you reach Midway Drive; turn right onto Midway Drive and follow it into the complex until you arrive at 7885 Midway Drive E101, where you’ll look for Building E and Unit E101.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX 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.
Based on information submitted to the MLS GRID as of June 1, 2026 at 12:03 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA