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7990 Midway Drive Terrace Unit M103

OCALA, FL 34472

1 bed
1 bath
625 sqft
632 sqft lot
$223 per sqft
1987 build
– on site

One of the best units in this unique horse themed community. Each building only has 4 units or less with cupolas and other accents that feel more like cottages than condos. Split rail fence along the tree lined the road add to the charm and country feel. This unit has one of the best views, right on the 10th hole, surrounded by moss draped granddaddy oaks. It is a corner unit at the end of the road with no unit above and a large beautifully landscaped area between it and the next building to enjoy from your enclosed lanai and open block patio. Extra storage in both plus pull down storage in attic. Assigned parking spot is extra wide and just steps to your private door. Lot of windows and open design gives this a spacious feel. Updates include tile floors throughout, breakfast bar, kitchen redesign and newer HVAC, hot water heater and roof. Well maintained community with walking paths, golf course on 3 sides and nature preserves on other side of greens. Lovely entrance and privacy, yet only minutes to Community center with 3 pools, pickleball, lake, movies and activities, Walmart, Publix, CVS etc. all without having to drive on busy roads. The community center is included, only $5 for registration. This is truly a place that has to be seen in person to appreciate the peacefulness, country charm and great neighbors. There are no other condos like these, and this is one of the nicest ones in Derby Downs!

Listing courtesy of STELLAR_MLS / FLATFEE.COM

Last checked: Checking… • Last updated Mar 24, 2025 •

MLS# A4645803 —

The Building

Year Built:

1987
New Construction:

false
Construction Materials:

Block
Levels:

One
Stories Total:

1
Common Walls:

Corner Unit
Roof:

Shingle
Foundation Details:

Slab
Floor Number:

1
Unit Number:

M103
Building Area Total:

625
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Living Room/Dining Room Combo
Flooring:

Tile
Additional Rooms:

Attic
Fireplace:

false

Room Dimensions

Living Area:

625
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Ocala: Hwy 464 (SE Maricamp Rd) Left on Midway Rd (CVS Walgreens) to end (Nature Preserve entrance); turn right on Midway Drive to end go thru Derby Downs entrance and go to end, unit last on L
Latitude:

29.106413
Longitude:

-81.998718
Coordinates:

-81.998718, 29.106413

The Property

Parcel Number:

9049013103
Property Type:

Residential
Property Subtype:

Condominium
Lot Size Acres:

0.01
Lot Size Area:

632
Lot Size SqFt:

632
Lot Size Units:

Square Feet
Zoning:

R3
Direction Faces:

North
View:

false
Exterior Features:

Lighting
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

x
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

103
Tax Block:

-
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 103
Tax Book Number:

J-451DERBY
Tax Annual Amount:

1855.21

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/A4645803
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Other

Schools

Elementary School:

Greenway Elementary School
Middle Or Junior School:

Lake Weir Middle School
High School:

Lake Weir High School

The Community

Subdivision Name:

DERBY DOWNS
Senior Community:

false
Community Features:

Golf
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Yes
Max Pet Weight:

25
Association:

true
Association Fee:

251
Association Fee Frequency:

Monthly
Association Fee Includes:

Cable TV
Association Fee Requirement:

Required
Monthly HOA Amount:

251
Ownership:

Condominium
Association Approval Required:

false

Parking

Garage:

false
Carport:

false
Parking Features:

Assigned

Monthly cost estimate

Asking price

$139,500

Expense	Monthly cost
Mortgage	$746
Taxes	$154
Insurance	$38
HOA fees	$251
Utilities	$112 See report
Total	$1,301/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
3/23/25 Mar 23, 2025	Listed / Active	STELLAR_MLS	$139,500	153.6% (31.1% / YR)
4/15/20 Apr 15, 2020		STELLAR_MLS	$55,000

Condo For Sale

$139,500

HOA

$251/mo.

Cost Est.

$1,301/mo.

Listing provided by broker:

Cliff Glansen

FLATFEE.COM

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This condo located in Silver Springs Shores, FL 34472 is currently for sale for $139,500. 7990 Midway Drive Terrace Unit M103 is a 625 square foot condo with 1 bed and 1 bath that has been on Estately for 3 days.

Listing Courtesy of: STELLAR_MLS and FLATFEE.COM.

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.