$170,000
$5K PRICE DROP

Estimated payment $1,347/month

Total Views 4,823
3 Beds
2 Baths
1,029 Sq Ft
$165 Price per Sq Ft

Highlights

  • Community Pool
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Living Room
  • Sliding Doors
  • High Speed Internet

About This Home

Welcome to 588 Fairways Lane in Ocala, FL--a spacious 3 bedroom, 2 bath, first-floor condominium offering true maintenance-free living. This move-in ready home has been freshly painted inside and features durable tile flooring throughout, giving every room a clean, low-maintenance style. The kitchen has been updated with a brand-new refrigerator and range hood, plus all-new electrical outlets, a whole-home surge protector, and added HVAC protection for peace of mind. Recent upgrades also include new smoke detectors for extra safety. With a split-bedroom floor plan and generously sized rooms, there's plenty of space to relax or entertain. Step outside and enjoy the community amenities, including a sparkling pool, while the HOA covers exterior maintenance for easy, worry-free living. Located in the heart of Ocala, you're just minutes from shopping, dining, golf and all the best that Central Florida has to offer. Whether you're looking for a primary home, a seasonal getaway, or an investment property, this Ocala condo checks all the boxes.

Listing Agent

Lucinda Striker

COMPASS FLORIDA LLC Brokerage Phone: 407-203-9441 License #3471872 Listed on: 09/15/2025

COMPASS FLORIDA LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,093

Year Built

  • Built in 1984

Lot Details

  • East Facing Home

HOA Fees

  • $361 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,029 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Sliding Doors
  • Living Room
  • Ceramic Tile Flooring

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Schools

  • Evergreen Elementary School
  • Lake Weir Middle School
  • Lake Weir High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance
  • Vine Management Association, Phone Number (352) 812-8086
  • Silver Downs Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 100 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,093

Year Built

Built in 1984

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1029
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1029
  • Lot Size Sq Ft: 652
  • Status: Active
  • Ownership: Fee Simple
  • Entry Level: 1
  • Building Area Total Srch Sq M: 95.60
  • Escrow City: Palm Beach Gardens
  • Escrow State: FL
  • Escrow Street Name: PGA Blvd., Ste. 300
  • Floor Number: 1
  • Minimum Lease: No Minimum
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 165.21
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-203-9441
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Split Bedroom, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Living Area Meters: 95.60

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks
  • Association Fee: 361
  • Association Fee Frequency: Monthly
  • Association Name: VINE MANAGEMENT
  • Phone: 352-812-8086
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Pet may not become a nuisance or annoyance for neighbor and may not be kept on terrace or balcony ares when owner is not in unit. See section 16.2 of Declaration of Silver Downs attached in paperclip.
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Max Pet Weight: 100

Fee Information

  • Total Annual Fees: 4332.00
  • Total Monthly Fees: 361.00
  • Monthly HOA Amount: 361.00

Schools

  • Elementary School: Evergreen Elementary School
  • High School: Lake Weir High School
  • Middle Or Junior School: Lake Weir Middle School

Lot Info

  • Zoning: R3
  • Parcel Number: 90498-05-101
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See section 16.7 of Declaration of Silver Downs attached in paperclip.

Tax Info

  • Tax Annual Amount: 1093.17
  • Tax Block: NA
  • Tax Book Number: J-425SILVER
  • Tax Lot: NA

Multi Family

  • Approval Process: See section 16.7 of Silver Downs Declaration.

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $1,093 $82,927 -- --
2023 $1,055 $80,512 $0 $0
2022 $1,015 $78,167 $30,000 $48,167
2021 $1,549 $63,349 $20,000 $43,349
2020 $1,216 $48,709 $10,000 $38,709
2019 $1,114 $40,254 $2,593 $37,661
2018 $1,048 $38,424 $2,593 $35,831
2017 $965 $33,993 $2,592 $31,401
2016 $926 $32,675 $0 $0
2015 $877 $30,022 $0 $0
2014 $869 $30,448 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2025 10/14/25 Price Changed $170,000 -2.9% $165 / Sq Ft
09/15/2025 09/15/25 For Sale $175,000 +400.0% $170 / Sq Ft
03/07/2022 03/07/22 Off Market $35,000 -- --
12/28/2020 12/28/20 Sold $83,000 -4.6% $81 / Sq Ft View Prior Sale
11/22/2020 11/22/20 Pending -- -- --
11/14/2020 11/14/20 Price Changed $87,000 -2.2% $85 / Sq Ft
11/04/2020 11/04/20 For Sale $89,000 +56.1% $86 / Sq Ft
10/09/2018 10/09/18 Sold $57,000 -24.0% $55 / Sq Ft View Prior Sale
09/21/2018 09/21/18 For Sale $75,000 +114.3% $73 / Sq Ft
01/31/2017 01/31/17 Sold $35,000 -5.1% $34 / Sq Ft View Prior Sale
12/28/2016 12/28/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $36,900 -- $36 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $83,000 First American Title Ins Co
Warranty Deed $57,000 First American Title Ins Co
Warranty Deed $42,000 First Title Source Llc
Warranty Deed $35,000 First Title Source Llc
Source: Public Records

Source: Stellar MLS

MLS Number: OM709590

Stellar MLS

APN: 90498-05-101