7991 Midway Drive Terrace, FL
Stellar MLS

$134,900

7991 Midway Drive Terrace

Ocala, FL 34472

Listing updated: June 9, 2026 at 1:02 AM ET

Active
2
Beds
2
Baths
840
Sq Ft
0.01
Acres
1987
Built
55+ community$161/sqft
Condominium

Property type

1987

Year built

377 sqft

Lot size

$161

Price / sq ft

$338/mo

HOA dues

0

Days on market

X

Flood zone

About this home

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!

Estimated monthly payment

Principal & interest$682
Property taxes$167
Home insurance (est.)$62
HOA dues$338

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 history0 days on market

  1. Status: Active
    Jun 8, 2026
  2. Listed$134,900
    Jun 8, 2026
  3. Price increased$134,900

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
0
Subdivision
Derby Downs
County
Marion
Year built
1987
Living area
840 sq ft
Price/sq ft
$161
Building area
996 sq ft (Public Records)
Lot size
377 sq ft
Lot category
0 to less than 1/4
Flood zone
X
Annual taxes
$1,999 (2025)
Parcel #
90490-12-201
Zoning
R3
MLS #
OM726210

Ask about this home

Have a question? Ask the broker directly.

Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.

Your question is private and goes only to Ryan — it is never published on this page.

Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Carpet, Laminate
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Interior features
Living Room/Dining Room Combo, Window Treatments
Laundry
In Kitchen, Inside
Stories / Levels
One
Direction faces
Northwest

Heating & Cooling

Heating
Central, Heat Pump
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
3 Months
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Tenacy shall be limited to (4) persons in a 2 bedroom unit. Only entire unit may be rented. See Rules and regulations attached to listing
Approval process
Application must be filled out by each adult on lease.

Exterior & Construction

Exterior features
Rain Gutters
Construction materials
Metal Siding, Frame
Roof
Shingle
Foundation
Slab
Road surface
Asphalt, Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Connected, Water Connected

Community

Pets allowed
Number Limit, Size Limit
Senior community
Yes

Room Details

RoomLevelDimensions
Living RoomFirst
Dining RoomFirst
KitchenFirst
Primary BedroomFirst
Bedroom 2First

Listing Details

Listing date
2026-06-08
On market date
2026-06-08
Original list price
$134,900
Occupant type
Vacant
MLS area
34472 - Ocala
Listing AOR
Ocala - Marion
Status changed
2026-06-08
Tax 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

Flood risk

Minimal riskFEMA Zone X

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

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.

More homes like this

MLS GRID

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 9, 2026 at 1:02 AM 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