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7972 Midway Drive Terrace Unit O103

OCALA, FL 34472

1 bed
1 bath
625 sqft
618 sqft lot
$216 per sqft
1987 build
– on site

Welcome to Derby Downs – where the charm of a storybook village meets the comfort of modern living. If you've ever dreamed of living in a one of a kind community, this is your chance to own a piece of that dream! Nestled amidst towering live oaks, the community is set along a beautifully lighted, tree-lined street, perfect for evening strolls. The neighborhood is peacefully surrounded by a lush golf course, offering a serene and scenic backdrop. This charming 1-bedroom, 1-bath ground-floor unit is meticulously maintained and boasts the privacy of no neighbors above. Enjoy a quiet, cul-de-sac location with no thru-traffic, ensuring ultimate peace and tranquility. The property is currently being enhanced with fresh paint throughout the units, and new asphalt has been laid on the roads. For a small fee, you can also join the Silver Springs Shores Community Center, which provides access to multiple pools, exercise room, and pickleball courts – perfect for those who enjoy an active lifestyle. Golf enthusiasts will love the proximity to nearby courses, and hikers will appreciate the nearby wildlife management area. Plenty of nearby lakes for fishing. Shopping is about 2 miles away. As for the condo itself, the COA fee covers all roof upkeep, exterior repairs, landscaping, pest control, and trash removal, giving you ultimate convenience and peace of mind. There is a storage space in the attic with pull down stairs for access. Plus, the AC is only 3 years old! Live the dream at Derby Downs – where every day feels like a step into a fairytale!

Listing courtesy of STELLAR_MLS / COOKIE KING REAL ESTATE, INC

Last checked: Checking… • Last updated Feb 20, 2025 •

MLS# OM695447 —

The Building

Year Built:

1987
New Construction:

false
Architectural Style:

Bungalow
Construction Materials:

Wood Frame
Levels:

One
Stories Total:

1
Common Walls:

End Unit
Roof:

Shingle
Foundation Details:

Slab
Patio And Porch Features:

Patio
Floor Number:

1
Unit Number:

O103
Building Area Total:

625
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

625
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Ocala.From Silver Springs Blv, go south on baseline / Sr-35 to Maricamp. TL onto Maricampl TL onto Midway Road, Go to end, TR onto Midway Drive. Go through Live Oak, Twin Lakes, and enter Derby Downs. Go to 7972 unit O-103. This pod has Orange trim.
Latitude:

29.107013
Longitude:

-81.998316
Coordinates:

-81.998316, 29.107013

The Property

Parcel Number:

9049015103
Property Type:

Residential
Property Subtype:

Condominium
Lot Size Acres:

0.01
Lot Size Area:

618
Lot Size SqFt:

618
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

R3
Direction Faces:

West
View:

Golf Course
View:

true
Exterior Features:

Sliding Doors
Vegetation:

Mature Landscaping
Water Source:

Public
Road Responsibility:

Private Maintained Road
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12083C0755D
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

SEC 10 TWP 16 RGE 23 PLAT BOOK J PAGE 451 DERBY DOWNS CONDOMINIUM SILVER SPRINGS SHORES UNIT 62 BLDG O UNIT 103
Tax Book Number:

J-451DERBY
Tax Annual Amount:

1443

Beds

Bedrooms Total:

1

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/OM695447
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Dryer
Laundry Features:

Inside

The Community

Subdivision Name:

DERBY DOWNS
Senior Community:

true
Community Features:

Community Mailbox
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Size Limit
Max Pet Weight:

25
Association:

false
Association Fee Includes:

Maintenance Structure
Condo Fees:

251
Condo Fees Term:

Monthly
Monthly Condo Fee Amount:

251
Ownership:

Fee Simple
Association Approval Required:

true

Parking

Garage:

false
Carport:

false

Extra Units

Other Structures:

Gazebo

Monthly cost estimate

Asking price

$135,500

Expense	Monthly cost
Mortgage	$725
Taxes	$120
Insurance	$37
Utilities	$114 See report
Total	$996/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/19/25 Feb 19, 2025	Listed / Active	STELLAR_MLS	$135,500
10/14/20 Oct 14, 2020	Sold	STELLAR_MLS

Condo For Sale

$135,500

Cost Est.

$996/mo.

Listing provided by broker:

Cheri Jenkins

COOKIE KING REAL ESTATE, INC

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This condo located in Silver Springs Shores, FL 34472 is currently for sale for $135,500. 7972 Midway Drive Terrace Unit O103 is a 625 square foot condo with 1 bed and 1 bath that has been on Estately for 2 days.

Listing Courtesy of: STELLAR_MLS and COOKIE KING REAL ESTATE, INC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.