7961 Midway Drive Terrace Unit J102 Ocala, FL 34472
Silver Spring Shores NeighborhoodEstimated payment $1,191/month
Highlights
- Golf Course Community
- Oak Trees
- Golf Course View
- Access To Pond
- Senior Community
- Mature Landscaping
About This Home
Discover the charm of this beautifully updated 2-bedroom, 2-bathroom condo in the sought-after 55+ Derby Downs golf community! Enjoy true privacy with no one above you, plus a lovely Florida room with acrylic sliders overlooking lush fairways, serene trees, and tranquil ponds. Inside, tasteful updates shine: stylish tile and luxury vinyl plank flooring, fresh paint, and a remodeled primary shower. AC installed in 2015 offers year-round comfort. Your HOA covers maintenance, roof, exterior, pest control, trash and more-stress-free-living! For just $5/year, enjoy Silver Springs Community Center amenities: 3 swimming pools, pickle-ball & tennis courts, billiards, gym, library, event hall, and endless activities. Minutes to shopping, restaurants, medical centers, and only 30 minutes to The Villages. Don't miss this rare opportunity for resort-style living!
Listing Agent
ROBERT SLACK LLC Brokerage Phone: 352-229-1187 License #3379522 Listed on: 06/13/2025

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,218
Year Built
- Built in 1987
Lot Details
- North Facing Home
- Mature Landscaping
- Irrigation Equipment
- Oak Trees
HOA Fees
- $338 Monthly HOA Fees
Parking
- 1 Parking Garage Space
Property Views
- Golf Course
- Woods
Home Design
- Entry on the 1st floor
- Slab Foundation
- Shingle Roof
- Metal Siding
Interior Spaces
- 840 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Sliding Doors
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Outdoor Features
- Access To Pond
- Enclosed Patio or Porch
- Rain Gutters
Location
- Flood Zone Lot
- Property is near a golf course
Schools
- Greenway Elementary School
- Lake Weir Middle School
- Lake Weir High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot J-102
- Assessor Parcel Number 90490-10-102
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 Subdivision
- The community has rules related to deed restrictions, allowable golf cart usage in the community
Recreation
- Golf Course Community
- Community Pool
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 | $1,218 | $94,649 | -- | -- |
2023 | $1,218 | $91,892 | $50,000 | $41,892 |
2022 | $1,567 | $63,993 | $0 | $0 |
2021 | $1,444 | $58,175 | $30,000 | $28,175 |
2020 | $1,229 | $50,902 | $25,000 | $25,902 |
2019 | $1,126 | $42,317 | $2,426 | $39,891 |
2018 | $1,025 | $38,559 | $2,426 | $36,133 |
2017 | $949 | $33,387 | $2,424 | $30,963 |
2016 | $913 | $32,236 | $0 | $0 |
2015 | $875 | $30,141 | $0 | $0 |
2014 | $680 | $21,133 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/29/2025 07/29/25 | Price Changed | $141,000 | -1.7% | $168 / Sq Ft |
06/13/2025 06/13/25 | For Sale | $143,500 | +19.6% | $171 / Sq Ft |
11/21/2022 11/21/22 | Sold | $120,000 | +4.3% | $143 / Sq Ft |
09/06/2022 09/06/22 | Pending | -- | -- | -- |
09/06/2022 09/06/22 | For Sale | $115,000 | +64.5% | $137 / Sq Ft |
04/16/2020 04/16/20 | Sold | $69,900 | 0.0% | $83 / Sq Ft |
03/22/2020 03/22/20 | Pending | -- | -- | -- |
02/17/2020 02/17/20 | For Sale | $69,900 | 0.0% | $83 / Sq Ft |
01/16/2020 01/16/20 | Pending | -- | -- | -- |
01/13/2020 01/13/20 | For Sale | $69,900 | -- | $83 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $120,000 | Public Title Services | |
Warranty Deed | $69,900 | Equitable Title Of Ocala Llc | |
Interfamily Deed Transfer | -- | Attorney | |
Warranty Deed | $35,500 | 1St Quality Title Llc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $96,000 | New Conventional |
Source: Stellar MLS
MLS Number: OM703483

APN: 90490-10-102
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