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7990 Midway Drive Terrace Unit M102

OCALA, FL 34472

2 beds
2 baths
840 sqft
871 sqft lot
$199 per sqft
1987 build
– on site

This 55+, fully furnished, two bedroom, two bath condominium with nobody above you, located in desireable Derby Downs Condominium with equistrian community theme. This unit is located at the end of dead end road, and backs up to the golf course. Outdoor lighting and beutiful tree lined streets, making for an aesthetic bike ride or walk. Small pets allowed. This is a rare find. Cathedral ceilings, attic for storage, upgraded kitchen with granite countertops, wood cabinets, slide out spice rack for convenient storage of cooking spices next to dish washer. Upgraded faucets throughout. Hide-away ironing board next to second bath. Double pane windows throughout including upgraded douple pane windows on lanar. Master bedroom shower has been upgraded with tile and glass sliding shower doors. A/C replaced in 2024. Roof replaced in 2019. Hoa fee covers grounds maintenance, roof, exterior paint and building repair, pest control, trash. Residents can further enjoy membership in the Silver Springs Community Center for only five dollars a year. The community center has three swimming pools, basketballl, pickleball, tennis courts, picnic area, billiards room, workout room, small library, rental hall with big screen TV for special events or gatherings, and numerous other activities.

Listing courtesy of STELLAR_MLS / HOMERUN REALTY

Last checked: Checking… • Last updated Jan 23, 2025 •

MLS# OM693375 —

The Building

Year Built:

1987
New Construction:

false
Construction Materials:

Metal Siding
Levels:

One
Stories Total:

1
Roof:

Shingle
Foundation Details:

Slab
Floor Number:

1
Unit Number:

M102
Building Area Total:

1078
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

840
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

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 end of road. Condo will be in cul-de-sac.
Latitude:

29.106413
Longitude:

-81.998718
Coordinates:

-81.998718, 29.106413

The Property

Parcel Number:

9049013102
Property Type:

Residential
Property Subtype:

Condominium
Property Attached:

false
Lot Size Acres:

0.02
Lot Size Area:

871
Lot Size SqFt:

871
Lot Size Units:

Square Feet
Zoning:

R3
Direction Faces:

East
View:

false
Exterior Features:

Lighting
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

m102
Tax Legal Description:

SEC 10 TWP 16 RGE 23 PLAT BOOK J PAGE 451 DERBY DOWNS CONDOMINIUM SILVER SPRINGS SHORES UNIT 62 BLDG M UNIT 102
Tax Book Number:

J-451DERBY
Tax Annual Amount:

2370.03

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Built-In Oven
Laundry Features:

Inside

The Community

Subdivision Name:

DERBY DOWNS
Senior Community:

true
Community Features:

Sidewalks
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Cats OK
# of Pets:

1
Association:

true
Association Fee Frequency:

Monthly
Association Fee Includes:

Maintenance Structure
Association Fee Requirement:

Required
Condo Fees:

384
Condo Fees Term:

Monthly
Monthly Condo Fee Amount:

384
Ownership:

Condominium
Association Approval Required:

true

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$167,500

Expense	Monthly cost
Mortgage	$896
Taxes	$197
Insurance	$46
Utilities	$128 See report
Total	$1,267/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
1/22/25 Jan 22, 2025	Listed / Active	STELLAR_MLS	$167,500	5.0% (3.1% / YR)
6/9/23 Jun 9, 2023		STELLAR_MLS	$159,500	-3.3%
5/22/23 May 22, 2023		STELLAR_MLS	$164,900

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This condo located in Silver Springs Shores, FL 34472 is currently for sale for $167,500. 7990 Midway Drive Terrace Unit M102 is a 840 square foot condo with 2 beds and 2 baths that has been on Estately for 1 days.

Listing Courtesy of: STELLAR_MLS and HOMERUN REALTY.

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.