$149,900

7990 Midway Drive Terrace Unit M101 Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated payment $1,272/month

Total Views 23,490
2 Beds
2 Baths
840 Sq Ft
$178 Price per Sq Ft

Highlights

  • Active Adult
  • Rear Porch
  • Bathtub with Shower
  • Window or Skylight in Bathroom
  • Screened Patio
  • Living Room

About This Home

Beautiful FURNISHED 2 bedroom/2 bathroom 1ST FLOOR condo in Derby Downs, a popular 55+ community! TURN-KEY ~ includes linens, dishes, etc! MAINTENANCE FREE! 2023 ROOF. Pretty golf course views from the living room, dining room, kitchen, and lanai. NEW vinyl flooring in living areas. Primary bedroom has ensuite bathroom. Indoor laundry includes washer/dryer. Enjoy the golf course views from the screened lanai. There is a reserved parking spot just steps from the front door and additional guest parking nearby. Great amenities at the Silver Springs Shores Community center 1/2 mile away ~ weekly activities ranging from a variety of exercise & fitness programs to 3 swimming pools, basketball, pickleball, and tennis courts for only $5/year to residents. As a Derby Down resident, you can also join the Silver Springs Shores Country Club 18-hole golf course that has a restaurant/bar for a reduced rate. HOA fees include roof upkeep, exterior building repair and painting, lawn maintenance/landscaping, irrigation, pest control, and trash. This peaceful neighborhood is convenient to shopping, dining, parks, and minutes to Lake Weir.

Listing Agent

Cindy Kauffman

SOUTHERN ASSOCIATES REALTY LLC Brokerage Phone: 352-877-3099 License #3386604 Listed on: 07/12/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1987

Lot Details

  • West Facing Home
  • Irrigation Equipment

HOA Fees

  • $337 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Screened Patio
  • Exterior Lighting
  • Rain Gutters
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, 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

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,736

Year Built

Built in 1987

Lot Details

0

HOA Fees

$337 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Metal Siding, Frame
  • Fireplace: No
  • Living Area: 840
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 1006
  • Lot Size Sq Ft: 414
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 178.45
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-877-3099
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Stories: 1
  • Living Area Meters: 78.04

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Street Lights
  • Association Fee: 337
  • Association Fee Frequency: Monthly
  • Association Name: Vine Management/Laurie Gahr
  • Phone: 352-812-8086
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Contact HOA.
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Association Email: info@vinemgt.com
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 4044.00
  • Total Monthly Fees: 337.00
  • Monthly HOA Amount: 337.00

Lot Info

  • Zoning: R3
  • Parcel Number: 90490-13-101
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Contact HOA.

Tax Info

  • Tax Annual Amount: 1735.71
  • Tax Block: 0
  • Tax Book Number: J-451DERBY
  • Tax Lot: 0

Multi Family

  • Approval Process: Contact HOA.

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 $1,736 $55,031 -- --
2023 $1,736 $50,028 $0 $0
2022 $1,337 $45,480 $0 $0
2021 $1,233 $57,921 $30,000 $27,921
2020 $1,142 $50,663 $25,000 $25,663
2019 $1,046 $41,929 $2,426 $39,503
2018 $955 $38,166 $2,426 $35,740
2017 $887 $33,037 $2,424 $30,613
2016 $839 $25,672 $0 $0
2015 $798 $23,338 $0 $0
2014 $681 $21,216 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2025 07/12/25 For Sale $149,900 -- $178 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Source: Public Records

Source: Stellar MLS

MLS Number: OM705369

Stellar MLS

APN: 90490-13-101

Florida Marion County Ocala 34472 Silver Spring Shores

7990 Midway Drive Terrace Unit M101, Ocala, FL

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Cindy Kauffman
Listing Agent
Cindy Kauffman
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SOUTHERN ASSOCIATES REALTY LLC
(352) 691-7359