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$165,000
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Property Description
Welcome to 588 Fairways Lane in Ocala, FL--a spacious 3 bedroom, 2 bath, first-floor condominium offering true maintenance-free living. This move-in ready home has been freshly painted inside and features durable tile flooring throughout, giving every room a clean, low-maintenance style. The kitchen has been updated with a brand-new refrigerator and range hood, plus all-new electrical outlets, a whole-home surge protector, and added HVAC protection for peace of mind. Recent upgrades also include new smoke detectors for extra safety. With a split-bedroom floor plan and generously sized rooms, there's plenty of space to relax or entertain. Step outside and enjoy the community amenities, including a sparkling pool, while the HOA covers exterior maintenance for easy, worry-free living. Located in the heart of Ocala, you're just minutes from shopping, dining, golf and all the best that Central Florida has to offer. Whether you're looking for a primary home, a seasonal getaway, or an investment property, this Ocala condo checks all the boxes.
Full Property Details
Full Property Details for 588 Fairways Ln #E101
General
- Price: $165,000
- HOA FEE: $361/month
- Taxes: $1,093 (2024)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: OM709590
- Updated: 1/5/2026
- Added to Site: 122 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 7
- Interior Features: Split Bedroom, Thermostat, Window Treatments
- Appliances: Dishwasher, Dryer, Range, Range Hood, Refrigerator
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Exterior
- Exterior Features: Sidewalk, Sliding Doors
Location
- Area: 34472 - Ocala
- County: Marion
- Development Name: 34472 - Ocala
- Subdivision: SILVER DOWNS
- Driving Directions: From Ocala, Head East on SW 17th St. towards Silver Springs, Turn Left onto Midway Rd., Turn right onto Silver Course Loop, Turn Left onto Fairways Ln., Turn left into Silver Downs. E101 is in second building on the right.
- Direction Faces: East
School Information
- Elementary School: Evergreen Elementary School
- Middle School: Lake Weir Middle School
- High School: Lake Weir High School
Community
- Community Name: 34472 - Ocala
- Community Features: Pool, Sidewalks
- Association: Yes
- Assoc. Name: VINE MANAGEMENT
- Assoc. Fees Include: Community Pool, Maintenance Structure, Maintenance Grounds
- Number of Pets: 1
- Pet Restrictions: Pet may not become a nuisance or annoyance for neighbor and may not be kept on terrace or balcony ares when owner is not in unit. See section 16.2 of Declaration of Silver Downs attached in paperclip., / 100lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Sewer Connected
Structural Information
- Exterior Const.: Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,029
- Sq. Ft. Source: Public Records
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 652
- Lot Size: 652
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Association Fee: $361
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $1,093.17
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: Condominium Unit 101, Building E, SILVER DOWNS, a Condominium, together with an undivided interest in the common elements, according to the Declaration of Condominium thereof recorded in Official Record Book 1226, Page 1389, as amended from time to time, of the Public Records of Marion County, Florida.
- Flood Zone Info: X
- APN: 9049805101
- Property ID: 9049805101
- Block/Lot/Section: NA
Listed by Compass Florida Llc
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Schools
Schools serving 588 Fairways Ln #E101
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Greenway Elementary School 207 Midway Road, Ocala, FL 34472 | PK-5 | 0.7 mi |
Lake Weir Middle School 10220 Southeast Sunset Harbor Road, Summerfield, FL 34491 | 6-8 | 8.1 mi |
Lake Weir High School 10351 Southeast Maricamp Road, Ocala, FL 34472 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 588 Fairways Ln #E101
Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$165,000
-2.94%
MLS
10/14/2025
Price Reduced
$170,000
-2.86%
MLS
9/15/2025
Listed
$175,000
207.02%
MLS
10/03/2018
Sold
$57,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 588 Fairways Ln #E101
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,332
22%
$85,332
3%
2024
$1,093
4%
$82,927
3%
2023
$1,055
4%
$80,512
3%
2022
$1,015
-34%
$78,167
23%
2021
$1,549
—
$63,349
30%
2021
$1,549
39%
$48,709
21%
2019
$1,114
6%
$40,254
5%
2018
$1,048
9%
$38,424
13%
2017
$965
4%
$33,993
4%
2016
$926
6%
$32,675
9%
2015
$877
1%
$30,022
-1%
2014
$869
8%
$30,448
10%
2013
$801
—
$27,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 588 Fairways Ln #E101
588 Fairways Lane #E101, Ocala, FL 34472 (MLS# OM709590) is a Condo property with 3 bedrooms and 2 full bathrooms. 588 Fairways Lane #E101 is currently listed for $165,000 and was received on September 15, 2025. Want to learn more about 588 Fairways Lane #E101? Do you have questions about finding other Condo real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

