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$125,000 Sale Pending

  • For Sale
  • Pending
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 840 Sq. Ft.
  • Updated 8 days ago
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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!

Full Property Details for 7947 Midway Dr Terrace #I201

General

  • Price: $125,000
  • HOA FEE: $338/month
  • Taxes: $1,969 (2024)
  • Status: Pending
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: OM713761
  • Updated: 1/8/2026
  • Added to Site: 59 day(s) ago

Interior

  • Number of Rooms: 6
  • Interior Features: Other, Stone Counters
  • Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Laundry Closet

Exterior

  • Exterior Features: Lighting, Sidewalk

Location

  • Area: 34472 - Ocala
  • County: Marion
  • Development Name: 34472 - Ocala
  • Subdivision: DERBY DOWNS
  • Driving Directions: Take SE Maricamp Rd to Pine Rd in Silver Springs Shores, Continue on Pine Rd. Take Silver Rd and Silver Pass to Midway Dr Terrace, Turn left onto Pine Rd, Turn right onto Silver Rd, Turn left onto Silver Pass, Slight right onto Midway Dr, Slight right onto Midway Dr Terrace, Destination will be on the right.
  • Direction Faces: West

Community

  • Community Name: 34472 - Ocala
  • Community Features: Buyer Approval Required, Deed Restrictions, Golf Carts OK, Golf, Sidewalks
  • Association: Yes
  • Assoc. Name: Vine Management / Laurie Gahr
  • Assoc. Fees Include: Common Area Taxes, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Number of Pets: 1
  • Adult Community: Yes

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Sewer: Private Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Public, Sewer Connected

Structural Information

  • Exterior Const.: Vinyl Siding, Wood Frame
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 840
  • Sq. Ft. Source: Public Records
  • Year Built: 1987

Lot Features

  • Lot Size (Acres): 0.01
  • Lot Size (Sq. Ft.): 494
  • Lot Size: 494
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Association Fee: $338
  • Assoc Fee Freq.: Monthly
  • Assoc Fee Desc.: Required
  • Tax Amount: $1,969.55
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SEC 10 TWP 16 RGE 23 PLAT BOOK J PAGE 451 DERBY DOWNS CONDOMINIUM SILVER SPRINGS SHORES UNIT 62 BLDG I UNIT 201
  • Flood Zone Info: X
  • APN: 9049009201
  • Property ID: 9049009201

Listed by Keller Williams Cornerstone Re

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Listing agents

— 7947 Midway Dr Terrace #I201 —

  • Keller Williams Cornerstone Re

  • Keller Williams Cornerstone Re

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 7947 Midway Dr Terrace #I201

School District:Marion County School District
NameGradesDistance
Greenway Elementary School
207 Midway Road, Ocala, FL 34472
PK-51.4 mi
Lake Weir Middle School
10220 Southeast Sunset Harbor Road, Summerfield, FL 34491
6-87.5 mi
Lake Weir High School
10351 Southeast Maricamp Road, Ocala, FL 34472
9-122.4 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 7947 Midway Dr Terrace #I201 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/19/2025
Listed
$125,000
150%
MLS
12/11/2019
Sold
$50,000
—
Public Record
Get Price Alerts and Save Property
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 for 7947 Midway Dr Terrace #I201

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,257
15%
$81,460
10%
2024
$1,970
13%
$74,055
10%
2023
$1,739
14%
$67,323
-5%
2022
$1,530
9%
$70,538
22%
2021
$1,410
—
$57,835
14%
2021
$1,410
35%
$50,581
49%
2019
$1,043
9%
$34,024
10%
2018
$953
8%
$30,931
10%
2017
$885
6%
$28,119
10%
2016
$837
5%
$25,563
10%
2015
$796
17%
$23,239
10%
2014
$680
5%
$21,126
7%
2013
$649
—
$19,717
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Cornerstone Re

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7947 Midway Drive Terrace #I201, Ocala, FL 34472 (MLS# OM713761) is a Condo property with 2 bedrooms and 2 full bathrooms. 7947 Midway Drive Terrace #I201 is currently listed for $125,000 and was received on November 19, 2025. Want to learn more about 7947 Midway Drive Terrace #I201? 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.

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