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$120,000
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Property Description
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
Full Property Details for 7947 Midway Dr Terrace #I201
General
- Sold For: $120,000
- HOA FEE: $338/month
- Taxes: $1,969 (2024)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: OM713761
- Added to Site: 104 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
- Living Area: 840 Sq. Ft.
- 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
Sold by Boardwalk Realty Associates Llc
Get Pre-Approved Today
Schools
Schools serving 7947 Midway Dr Terrace #I201
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Greenway Elementary School 207 Midway Road, Ocala, FL 34472 | PK-5 | 1.4 mi |
Lake Weir Middle School 10220 Southeast Sunset Harbor Road, Summerfield, FL 34491 | 6-8 | 7.5 mi |
Lake Weir High School 10351 Southeast Maricamp Road, Ocala, FL 34472 | 9-12 | 2.4 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
Date
Details
Price
Change
Source
2/05/2026
Sold
$120,000
-4%
MLS
11/19/2025
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7947 Midway Drive Terrace #I201, Ocala, FL 34472 (MLS# OM713761) is a Condo property that was sold at $120,000 on February 05, 2026. 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.

