$90,000
$30K PRICE DROP

7945 Midway Drive Terrace Unit H201 Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated payment $976/month

Total Views 9,543
2 Beds
2 Baths
840 Sq Ft
$107 Price per Sq Ft

Highlights

  • Golf Course Community
  • Senior Community
  • End Unit
  • Access To Pond
  • Golf Course View
  • Sliding Doors

About This Home

2 Bedroom and 2 Bathroom upstairs CONDO, Nestled within a picturesque 55+ COMMUNITY. Situated on a GOLF COURSE, this residence boasts the perfect blend of scenic views and comfort. Ample space for you to create your own personal oasis. The community itself is tailored for those seeking an active and social lifestyle. Residents can also enjoy the perks of the Silver Springs Community Center located just 1/2 mile away. You'll have access to various amenities and recreational facilities, including the Silver Springs Shores Community Center, 3 swimming pools, a library, an exercise room, a pickleball court, golfing opportunities just steps away from your doorstep, and much more! Embrace the joy of making new friends and engaging in a range of activities that suit your interests. In addition, the HOA takes care of essential maintenance services such as roof upkeep, exterior repairs, landscaping, pest control, and trash removal, allowing you to fully relax and enjoy your home. Shopping and dining (5 minutes away from the condo) to cultural attractions and outdoor adventures, there's something for everyone in Ocala, FL. It is also 20 minutes away from Silver Springs and The Villages.

Listing Agent

Andrew Fountain

PREFERRED PROPERTIES OF CEN/FL Brokerage Phone: 352-694-9691 License #3614519 Listed on: 12/27/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 1987

Lot Details

  • End Unit
  • North Facing Home

HOA Fees

  • $338 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 840 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Combination Dining and Living Room
  • Golf Course Views
  • Range with Range Hood
  • Laundry in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Access To Pond
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include common area taxes, escrow reserves fund, maintenance structure, ground maintenance, pest control, trash
  • Vine Management / Laurie Gahr Association, Phone Number (352) 812-8086
  • Derby Downs Condo Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 1 Pet Allowed
  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,815

Year Built

Built in 1987

Lot Details

0

HOA Fees

$338 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Vinyl Siding, Frame
  • Fireplace: No
  • Living Area: 840
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 840
  • Lot Size Sq Ft: 490
  • Directions to Property: Take I-75 N. Take exit 341 for Marion Cnty 484 toward Belleview/Dunnellon. Keep right at the fork and merge onto SW Hwy 484/SE County Hwy 484. Merge onto SW Hwy 484/SE County Hwy 484. Continue onto SE 132nd St Rd. Continue onto SE 131st Pl/SE 92nd Loop. Turn right onto SE 110th Street Rd. Turn left onto Oak Rd. Turn left onto Silver Rd. Turn right onto Silver Pass. Slight right onto Midway Dr. Slight right onto Midway Dr Terrace. The destination will be on the right.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1044883
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 107.14
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Corner Unit
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-694-9691
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 7945
  • Living Area Meters: 78.04
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Pond
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Golf
  • Association Fee: 337.94
  • Association Fee Frequency: Monthly
  • Association Name: Vine Management / Laurie Gahr
  • Phone: 352-812-8086
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: H201
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: info@vinemgt.com
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 4055.28
  • Total Monthly Fees: 337.94
  • Monthly HOA Amount: 337.94

Lot Info

  • Zoning: R3
  • Parcel Number: 90490-08-201
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 46

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Limit 4 persons for 2 bedroom condo, applicants must have board approval.

Tax Info

  • Tax Annual Amount: 1815.17
  • Tax Block: n/a
  • Tax Book Number: J-451DERBY
  • Tax Lot: 0

Multi Family

  • Approval Process: Application

Map

Range of Values:

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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 $1,815 $62,424 -- --
2023 $1,815 $56,749 $0 $0
2022 $1,407 $51,590 $0 $0
2021 $1,297 $57,195 $30,000 $27,195
2020 $1,200 $49,976 $25,000 $24,976
2019 $1,095 $40,813 $2,426 $38,387
2018 $996 $37,036 $2,426 $34,610
2017 $923 $32,033 $2,424 $29,609
2016 $896 $31,331 $0 $0
2015 $857 $29,224 $0 $0
2014 $667 $20,469 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $90,000 0.0% $107 / Sq Ft
07/11/2025 07/11/25 For Sale $90,000 -18.1% $107 / Sq Ft
07/10/2025 07/10/25 Off Market $109,900 -- --
05/20/2025 05/20/25 Price Changed $109,900 -4.4% $131 / Sq Ft
02/24/2025 02/24/25 Price Changed $114,900 -4.2% $137 / Sq Ft
12/27/2024 12/27/24 For Sale $119,900 0.0% $143 / Sq Ft
05/17/2021 05/17/21 Rented $825 0.0% --
04/30/2021 04/30/21 Under Contract -- -- --
03/24/2021 03/24/21 For Rent $825 0.0% --
03/23/2021 03/23/21 Under Contract -- -- --
03/19/2021 03/19/21 For Rent $825 +43.5% --
08/26/2016 08/26/16 Rented $575 0.0% --
07/27/2016 07/27/16 Under Contract -- -- --
06/09/2016 06/09/16 For Rent $575 +4.5% --
08/04/2015 08/04/15 Rented $550 0.0% --
07/27/2015 07/27/15 Under Contract -- -- --
06/18/2015 06/18/15 For Rent $550 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $64,900 Attorney
Warranty Deed $60,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $45,430 Seller Take Back
Previous Owner $60,000 Purchase Money Mortgage
Source: Public Records

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Source: Stellar MLS

MLS Number: OM691913

Stellar MLS

APN: 90490-08-201