7874 Midway Drive Terrace Unit V201
OCALA, FL 34472
- 2 beds
- 2 baths
- 840 sqft
- 398 sqft lot
- $174 per sqft
- 1987 build
- – on site
This charming end-unit condo in Derby Downs offers a peaceful and low-maintenance living experience within a well-maintained 55+ equestrian community. Featuring 2 bedrooms and 2 bathrooms, the spacious layout includes bright living and dining areas, with luxury vinyl flooring throughout. The enclosed screen lanai/Florida room provides a tranquil spot to relax and enjoy views of the beautifully kept grounds. The updated kitchen boasts sleek stainless steel appliances, while the large primary bedroom features an ensuite bath with a tub/shower combo. Conveniently, a reserved parking spot is located just steps from your front door, with additional guest parking nearby. Known for its scenic, tree-lined streets, Derby Downs offers plenty of opportunities for leisurely walks or bike rides. The community is well-lit for evening strolls, creating a safe and welcoming atmosphere. For active residents, the Silver Springs Shores Community Center is only ½ mile away and offers fitness programs, three swimming pools, and sports courts for a low annual fee. Additionally, residents can access the Silver Springs Shores Country Club's 18-hole golf course at a discounted rate. The HOA takes care of a variety of maintenance services, including roof upkeep, exterior repairs, landscaping, pest control, and trash removal, allowing you to enjoy a hassle-free lifestyle. If you're seeking a comfortable, well-maintained home in a friendly community, this condo is the perfect choice.
Last checked:
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Last updated Feb 18, 2025
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MLS# GC527606 —
The Building
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Year Built:1987
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New Construction:false
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Construction Materials:Metal Siding
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Building Elevator:false
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Levels:One
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Stories Total:1
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Roof:Shingle
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Foundation Details:Slab
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Patio And Porch Features:Screened
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Floor Number:2
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Unit Number:V201
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Building Area Total:840
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Luxury Vinyl
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Fireplace:false
Room Dimensions
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Living Area:840
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From I-75 South Take exit 352 toward FL-40 E/W Silver Springs Blvd Slight left onto the FL-40 E ramp Turn left onto FL-40 E/W Silver Springs Blvd Turn right onto NE 25th Ave Turn left onto SE Maricamp Rd Turn left onto Pine Rd Turn right onto Silver Rd Turn left onto Silver Pass Slight right onto Midway Dr ? Partial restricted usage road Slight right onto Midway Dr Terrace ? Destination will be on the left
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Latitude:29.108313
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Longitude:-81.998146
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Coordinates:-81.998146, 29.108313
The Property
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Parcel Number:9049022201
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Property Type:Residential
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Property Subtype:Condominium
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Lot Size Acres:0.01
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Lot Size Area:398
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Lot Size SqFt:398
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:R1
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Direction Faces:Southwest
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View:false
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Exterior Features:Awning(s)
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Vegetation:Trees/Landscaped
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Water Source:Public
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Road Surface Type:Paved
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Flood Zone Code:X
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Additional Parcels:false
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Homestead:false
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Lease Restrictions:true
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (352) 672-4467
- Office phone:
- (352) 240-0600
Taxes
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Tax Year:2024
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Tax Lot:7
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Tax Block:1
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Tax Legal Description:SEC 10 TWP 16 RGE 23 PLAT BOOK J PAGE 451 DERBY DOWNS CONDOMINIUM SILVER SPRINGS SHORES UNIT 62 BLDG V UNIT 201
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Tax Book Number:J-451DERBY
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Tax Annual Amount:1304.37
Beds
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Bedrooms Total:2
Baths
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Total Baths:2
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/GC527606
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Special Listing Conditions:None
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher
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Laundry Features:Inside
The Community
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Subdivision Name:DERBY DOWNS
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Senior Community:true
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Community Features:Golf
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Pets Allowed:Cats OK
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Pet Restrictions:Contact association to verify all details
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# of Pets:1
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Max Pet Weight:15
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Association:true
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Association Fee:337.94
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Association Fee Frequency:Monthly
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Association Fee Includes:Community Pool
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Association Fee Requirement:Required
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Monthly HOA Amount:337.94
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Ownership:Condominium
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Association Approval Required:true
Parking
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Garage:false
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Carport:false
Monthly cost estimate
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Asking price
$146,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$786
|
Taxes | $108 |
Insurance | $40 |
HOA fees | $338 |
Utilities | $128 See report |
Total | $1,400/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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2/18/25
Feb 18, 2025
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Price Changed | STELLAR_MLS | $146,900 | -0.7% |
2/11/25
Feb 11, 2025
|
Price Changed | STELLAR_MLS | $147,900 | -0.7% |
2/4/25
Feb 4, 2025
|
Price Changed | STELLAR_MLS | $148,900 | -0.7% |