7947 MIDWAY DRIVE TERRACE I201 Ocala, FL $ 125,000
7947 MIDWAY DRIVE TERRACE I201
$ 125,000
Adult Community
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7947 MIDWAY DRIVE TERRACE I201

Ocala, FL, 34472
$ 125,000
Bedrooms2 Baths2.0 Sq 840

Monthly Estimate*

$ 770

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Condo for sale in Ocala, FL

for $125,000 with 2 bedrooms and 2 full baths. This 840 square foot condo was built in 1987 on a lot size of 0.01.

Priced for a Quick Sale! Welcome to Derby Downs, a desirable 55+ community in SE Ocala where comfort and convenience come together. This beautifully updated 2-bedroom, 2-bath second-floor condo is truly move-in ready—just bring your toothbrush! Step inside to a bright, open living space featuring luxury vinyl plank flooring throughout, creating a warm and modern feel. The living and dining areas flow seamlessly, and large sliding glass doors open to a spacious screened porch overlooking the golf course—perfect for enjoying morning coffee or evening breezes. The renovated kitchen offers abundant soft-close cabinetry and sleek quartz countertops. An inside laundry area, complete with washer and dryer, adds everyday convenience. Both bedrooms are generously sized with ample closet space, and the beautifully updated bathrooms provide a fresh, contemporary touch. This move-in-ready home is a fantastic opportunity in a well-established community. Schedule your private showing today and see this updated property in person!

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Condo Pending

Price

$ 125,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 1,969

Style

Condominium

Lot Size

0.01

Year Built

1987

Town/City

Ocala

County/Region

Marion

MLS | Web ID

OM713761

Features
General
Sewer Private Sewer
Heating Electric
Cooling Central Air
Utilities Electricity Connected Public Sewer Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dryer Electric Water Heater Microwave Range Refrigerator Washer
Zoning R3
HOA Fee 337.94
Association Fee Includes Common Area Taxes Escrow Reserves Fund Maintenance Structure Maintenance Grounds Pest Control Trash
Construction Materials Vinyl Siding Wood Frame
Pets Allowed Number Limit
Year Built 1987
Levels One
Unit Number I201
Property Subtype Condominium
Tax Year 2024
Ownership Fee Simple
Community Features Buyer Approval Required Deed Restrictions Golf Carts OK Golf Sidewalks
Assoc Fee Paid Per Monthly
County Marion
New Construction false
Property Type Residential
Subdivision Name DERBY DOWNS
Facing Direction West
Garage Y/N false
Total Rooms 6
Full Baths 2
Status Pending
Directions Take SE Maricamp Rd to Pine Rd in Silver Springs Shores Continue on Pine Rd. Take Silver Rd and Silver Pass to Midway Dr Terrace Turn left onto Pine Rd Turn right onto Silver Rd Turn left onto Silver Pass Slight right onto Midway Dr Slight right onto Midway Dr Terrace Destination will be on the right.
City OCALA
Association Name Vine Management / Laurie Gahr
Senior Community Y/N true
MLS Area 34472 - Ocala
Lot Size Units Square Feet
Lot Size Square Feet 494
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 1969.55
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM713761
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Vacant
Tax Lot 0
Legal Description SEC 10 TWP 16 RGE 23 PLAT BOOK J PAGE 451 DERBY DOWNS CONDOMINIUM SILVER SPRINGS SHORES UNIT 62 BLDG I UNIT 201
Pet Size Limit Small (16-35 Lbs.)
Water Access Y/N false
Monthly HOA Amount 337.94
HOA Monthly Maintenance 0
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Other Stone Counters
Flooring Laminate Tile
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Laundry Closet
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Lighting Sidewalk
Water Source Public
Lot Size Area 494
Foundation Details Slab
Building Area Total 996
Lot Size Acres 0.01
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Keller Williams Cornerstone Re

Broker

colman@kw.com

Email

Affordability Calculator

$934
Per Month
82%
18%
0%
Monthly Principal & Interest
$770
Monthly Property Taxes
$164
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$125,000 Listed Price

Map


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7947 MIDWAY DRIVE TERRACE I201, Ocala, FL, 34472 is a Condo for sale at $125,000 with 840 sqft and a lot size of 0.01. 7947 MIDWAY DRIVE TERRACE I201 has 2 bedrooms, 2.0 baths, and was built in 1987. The property's zip code is 34472 which is in Ocala, FL