7885 Midway Drive Terrace Unit E101 Ocala, FL 34472
Silver Spring Shores NeighborhoodEstimated payment $1,245/month
Highlights
- Golf Course Community
- Furnished
- Tennis Courts
- Active Adult
- Community Pool
- Living Room
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!
Listing Agent
RE/MAX ALLSTARS REALTY Brokerage Phone: 352-484-0155 License #3263372 Listed on: 02/16/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,295
Year Built
- Built in 1987
Lot Details
- Southeast Facing Home
- Landscaped
HOA Fees
- $338 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Entry on the 1st floor
- Slab Foundation
- Shingle Roof
- Metal Siding
Interior Spaces
- 840 Sq Ft Home
- 1-Story Property
- Furnished
- Sliding Doors
- Living Room
- Laundry in unit
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 90490-05-101
Community Details
Overview
- Active Adult
- Association fees include common area taxes, pool, maintenance structure, ground maintenance, trash
- Vine Management/ Laurie Gahr Association, Phone Number (352) 812-8086
- Derby Downs Subdivision
- The community has rules related to deed restrictions
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
Pet Policy
- Pets up to 35 lbs
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 | $2,295 | $84,762 | -- | -- |
| 2024 | $2,005 | $77,056 | -- | -- |
| 2023 | $1,773 | $70,051 | $0 | $0 |
| 2022 | $1,561 | $63,683 | $0 | $0 |
| 2021 | $1,439 | $57,894 | $30,000 | $27,894 |
| 2020 | $317 | $22,144 | $0 | $0 |
| 2019 | $317 | $21,646 | $0 | $0 |
| 2018 | $312 | $21,242 | $0 | $0 |
| 2017 | $312 | $20,805 | $0 | $0 |
| 2016 | $290 | $20,377 | $0 | $0 |
| 2015 | $284 | $20,235 | $0 | $0 |
| 2014 | $284 | $20,074 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2026 02/16/26 | For Sale | $135,000 | -- | $161 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $40,000 | 1St Quality Title Llc | |
| Warranty Deed | $43,000 | Affiliated Title |
Source: Stellar MLS
MLS Number: OM718832
APN: 90490-05-101
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.