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$139,900
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Property Description
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.
Full Property Details
Full Property Details for 7990 Midway Dr Terrace #M101
General
- Price: $139,900
- HOA FEE: $337/month
- Taxes: $1,735 (2024)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: OM705369
- Updated: 11/21/2025
- Added to Site: 189 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 6
- Interior Features: Ceiling Fan(s), Window Treatments
- Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Laundry Closet
Exterior
- Exterior Features: Irrigation System, Lighting, Rain Gutters
- Deck/Patio: Rear Porch, Screened
- Porch/Patio/Deck: Rear Porch, Screened
Parking
- Parking Features: Assigned, Guest
Location
- Area: 34472 - Ocala
- County: Marion
- Development Name: 34472 - Ocala
- Subdivision: DERBY DOWNS CONDO
- Driving Directions: From Maricamp, turn left on Midway Rd. Right on Midway Dr. Right on Midway Dr Terrace. Home is straight ahead at the end of Midway Dr Terrace.
- Direction Faces: West
Community
- Community Name: 34472 - Ocala
- Community Features: Buyer Approval Required, Deed Restrictions
- Association: Yes
- Assoc. Name: Vine Management/Laurie Gahr
- Assoc. Fees Include: Cable TV, Common Area Taxes, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pest Control, Trash
- Number of Pets: 1
- Pet Restrictions: Contact HOA., / 30lbs.
- Adult Community: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Structural Information
- Exterior Const.: Metal 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.): 414
- Lot Size: 414
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $337
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $1,735.71
- 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 M UNIT 101
- Flood Zone Info: X
- APN: 9049013101
- Property ID: 9049013101
Listed by Southern Associates Realty Llc
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Schools
Schools serving 7990 Midway Dr Terrace #M101
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Greenway Elementary School 207 Midway Road, Ocala, FL 34472 | PK-5 | 1.5 mi |
Lake Weir Middle School 10220 Southeast Sunset Harbor Road, Summerfield, FL 34491 | 6-8 | 7.4 mi |
Lake Weir High School 10351 Southeast Maricamp Road, Ocala, FL 34472 | 9-12 | 2.3 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 7990 Midway Dr Terrace #M101
Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$139,900
-6.67%
MLS
7/12/2025
Listed
$149,900
—
MLS
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 7990 Midway Dr Terrace #M101
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,006
16%
$60,534
10%
2024
$1,736
14%
$55,031
10%
2023
$1,527
14%
$50,028
-29%
2022
$1,337
8%
$70,631
22%
2021
$1,233
—
$57,921
14%
2021
$1,233
29%
$50,663
63%
2018
$955
8%
$31,063
10%
2017
$887
6%
$28,239
10%
2016
$839
5%
$25,672
10%
2015
$798
-24%
$23,338
-32%
2019
$1,046
54%
$34,169
61%
2014
$681
5%
$21,216
7%
2013
$651
—
$19,803
—
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 7990 Midway Dr Terrace #M101
7990 Midway Drive Terrace #M101, Ocala, FL 34472 (MLS# OM705369) is a Condo property with 2 bedrooms and 2 full bathrooms. 7990 Midway Drive Terrace #M101 is currently listed for $139,900 and was received on July 12, 2025. Want to learn more about 7990 Midway Drive Terrace #M101? 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.

