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$134,900 Just Listed
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Property Description
TURNKEY FURNISHED and ready for immediate enjoyment! This beautifully updated 2-bedroom, 2-bath condominium in the desirable 55+ community of Derby Downs offers carefree Florida living with scenic golf course and water views. Inside, you'll find 840 square feet of thoughtfully designed living space plus an additional 140-square-foot screened lanai-the perfect place to enjoy your morning coffee, unwind with a good book, or take in peaceful sunsets overlooking the fairways and water. The recently renovated kitchen is a standout feature, boasting all-new appliances, granite countertops, a farmhouse-style sink, updated cabinetry, and modern finishes that make meal preparation both functional and enjoyable. Both bathrooms feature new vanities, granite countertops and new fixtures as well. Being sold completely furnished, this move-in-ready home allows you to start enjoying the Florida lifestyle from day one. The spacious primary suite and comfortable guest accommodations provide plenty of room for visiting family and friends. Residents of Derby Downs enjoy low-maintenance living with HOA services that include exterior building maintenance, common area upkeep, garbage collection, pest control, and the peace of mind of roofs replaced in 2019-2020. An assigned parking space is conveniently located directly in front of the building. Outdoor enthusiasts will appreciate the abundance of nearby recreational opportunities, including Silver Springs State Park, the Silver River, Lake Weir, Little Lake Weir, and multiple golf courses such as Silver Springs Shores Golf & Country Club and Lake Diamond Golf Club. Shopping, dining, medical facilities, and everyday conveniences are also just minutes away. Whether you're looking for a full-time residence, seasonal retreat, or low-maintenance Florida getaway, this furnished condo offers exceptional value, beautiful views, and an active lifestyle in one of Ocala's most convenient locations. Schedule your private showing today and discover why Derby Downs is such a popular destination for active adults!
Full Property Details
Full Property Details for 7991 Midway Dr Terrace #L201
General
- Price: $134,900
- HOA FEE: $338/month
- Taxes: $1,998 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: OM726210
- Updated: 6/8/2026
- Added to Site: 3 day(s) ago
Rental Information
- Min. Lease: 3 Months
Interior
- Number of Rooms: 5
- Interior Features: Living Room/Dining Room Combo, Window Treatments
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Furnishings: Furnished
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Kitchen, Inside
Additional Information
- Shared Amenities: Maintenance
Exterior
- Exterior Features: Rain Gutters
- Deck/Patio: Rear Porch, Screened
- Porch/Patio/Deck: Rear Porch, Screened
Parking
- Parking Features: Assigned
Location
- Area: 34472 - Ocala
- County: Marion
- Development Name: 34472 - Ocala
- Subdivision: DERBY DOWNS
- Driving Directions: From 464 turn onto Midway Road between CVS and Walgreens. Follow to the end of road and turn right onto Midway Drive. Road turns into Midway Drive Terrace and all the way to the back of Derby Downs community to building L.
- Direction Faces: Northwest
Community
- Community Name: 34472 - Ocala
- Community Features: Buyer Approval Required, Deed Restrictions
- Optional Amenities: Maintenance
- Association: Yes
- Assoc. Name: Vine Management / Laurie Gahr
- Assoc. Fees Include: Common Area Taxes, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Trash
- Number of Pets: 1
- Pet Restrictions: One pet under 25lbs permitted, / 25lbs.
- Adult Community: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, 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
- Property View: Golf Course, Trees/Woods, Water
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 377
- Lot Size: 377
- Street/Road Desc.: Asphalt, Paved
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $338
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $1,998.59
- Tax Year: 2025
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 L UNIT 201
- Flood Zone Info: X
- APN: 9049012201
- Property ID: 9049012201
Listed by Sunburst Properties
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Schools
Schools serving 7991 Midway Dr Terrace #L201
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7991 Midway Dr Terrace #L201
Date
Details
Price
Change
Source
6/08/2026
Listed
$134,900
169.8%
MLS
6/16/2011
Sold
$50,000
—
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 7991 Midway Dr Terrace #L201
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,999
16%
$60,037
10%
2024
$1,729
14%
$54,579
10%
2023
$1,521
14%
$49,617
-30%
2022
$1,331
8%
$70,450
22%
2021
$1,227
—
$57,751
14%
2021
$1,227
29%
$50,502
64%
2018
$951
8%
$30,807
10%
2017
$883
6%
$28,006
10%
2016
$835
5%
$25,460
10%
2015
$794
-24%
$23,145
-32%
2019
$1,040
53%
$33,888
61%
2014
$678
5%
$21,041
7%
2013
$648
—
$19,636
—
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 7991 Midway Dr Terrace #L201
7991 Midway Drive Terrace #L201, Ocala, FL 34472 (MLS# OM726210) is a Condo property with 2 bedrooms and 2 full bathrooms. 7991 Midway Drive Terrace #L201 is currently listed for $134,900 and was received on June 08, 2026. Want to learn more about 7991 Midway Drive Terrace #L201? 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.

