7947 Midway Drive Terrace Unit I201 Ocala, FL 34472
Silver Spring Shores NeighborhoodEstimated payment $1,161/month
Highlights
- Golf Course Community
- Stone Countertops
- Laundry closet
- Active Adult
- Living Room
- Tile Flooring
About This Home
Priced for a Quick Sale! Welcome to Derby Downs, a desirable 55+ community in SE Ocala where comfort and convenience come together. This beautifully updated 2-bedroom, 2-bath second-floor condo is truly move-in ready—just bring your toothbrush! Step inside to a bright, open living space featuring luxury vinyl plank flooring throughout, creating a warm and modern feel. The living and dining areas flow seamlessly, and large sliding glass doors open to a spacious screened porch overlooking the golf course—perfect for enjoying morning coffee or evening breezes. The renovated kitchen offers abundant soft-close cabinetry and sleek quartz countertops. An inside laundry area, complete with washer and dryer, adds everyday convenience. Both bedrooms are generously sized with ample closet space, and the beautifully updated bathrooms provide a fresh, contemporary touch. This move-in-ready home is a fantastic opportunity in a well-established community. Schedule your private showing today and see this updated property in person!
Listing Agent
KELLER WILLIAMS CORNERSTONE RE Brokerage Phone: 352-369-4044 License #3366659 Listed on: 11/19/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,970
Year Built
- Built in 1987
HOA Fees
- $338 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Slab Foundation
- Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 840 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Stone Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Utilities
- Central Air
- Heating Available
- Electric Water Heater
- Private Sewer
Additional Features
- Exterior Lighting
- West Facing Home
Listing and Financial Details
- Assessor Parcel Number 90490-09-201
Community Details
Overview
- Active Adult
- 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 Subdivision
- The community has rules related to deed restrictions, allowable golf cart usage in the community
Recreation
- Golf Course Community
Pet Policy
- 1 Pet Allowed
- Small pets allowed
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 |
|---|---|---|---|---|
| 2024 | $1,970 | $74,055 | -- | -- |
| 2023 | $1,739 | $67,323 | $0 | $0 |
| 2022 | $1,530 | $61,203 | $0 | $0 |
| 2021 | $1,410 | $57,835 | $30,000 | $27,835 |
| 2020 | $1,304 | $50,581 | $25,000 | $25,581 |
| 2019 | $1,043 | $41,795 | $2,426 | $39,369 |
| 2018 | $953 | $38,033 | $2,426 | $35,607 |
| 2017 | $885 | $32,916 | $2,424 | $30,492 |
| 2016 | $837 | $25,563 | $0 | $0 |
| 2015 | $796 | $23,239 | $0 | $0 |
| 2014 | $680 | $21,126 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $125,000 | +150.0% | $149 / Sq Ft | |
| 03/07/2022 03/07/22 | Off Market | $50,000 | -- | -- | |
| 12/13/2019 12/13/19 | Sold | $50,000 | 0.0% | $60 / Sq Ft | View Prior Sale |
| 11/08/2019 11/08/19 | Pending | -- | -- | -- | |
| 11/05/2019 11/05/19 | For Sale | $50,000 | -- | $60 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $50,000 | Stewart Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $45,000 | New Conventional |
Source: Stellar MLS
MLS Number: OM713761
APN: 90490-09-201
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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