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7885 MIDWAY DRIVE TERRACE UNIT E101

Condo/Co-op Active With Contract
$124,900

BTC: 1.93944099

ETH: 65.64562923

-$10K (2026/06/17)
158 days
2 bds
2 ba
840 sqft

Overview

Bright and cheerful furnished 2 bedroom/2 bathroom first-floor condo in Derby Downs, a welcoming 55+ community! Move-in ready and turn-key, including linens, dishes, and more, with maintenance-free living. Enjoy new laminate flooring in the main living areas and a beautiful pond just steps away, perfect for relaxing or taking a stroll. The primary bedroom features an ensuite bathroom, and the indoor laundry includes a washer and dryer. A reserved parking spot is just steps from the front door, with additional guest parking nearby. Residents can enjoy the Silver Springs Shores Community Center just 1/2 mile away, with swimming pools, basketball, pickleball, and tennis courts for fun and socializing. HOA fees cover roof upkeep, exterior building repairs and painting, lawn maintenance and landscaping, irrigation, pest control, and trash service. This peaceful and friendly neighborhood is conveniently located near shopping, dining, parks, and just minutes from Lake Weir. Schedule your tour today!

Location

Details

Type:
Residential
Parking:
Assigned
Year Built:
1987
Lot:
0.01 Acres
Heating:
Central
Price/sqft:
$149
Cooling:
Central Air
HOA:
$338

Valuation

Our model vs. what's actually selling nearby.
Estimate
$118,500
$74K – $146K
Confidence Low
List vs. estimate
$6K above estimate
List $124,900 · +5.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$148
+12.6% vs. city median $132
Based on
82 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,295
2025
HOA
$337/mo
Common Area Taxes, Community Pool, Maintenance Structure
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Luxury Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    Property

    • Levels: One

    • Exterior Features: Lighting / Other / Rain Gutters / Sliding Doors

    Lot

    • Lot: 0.01 Acres

    Other Property Information

    • Parcel Number: 9049005101

    • Zoning: R3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Connected

  • Other financial information

    • HOA: $338

    • HOA Frequency: Monthly

    • Annual tax amount: $2,295

  • Source details

    • MLS ID: OM718832

    Other facts

    • Construction Materials: Metal Siding

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: Landscaped

    • Direction Faces: Southeast

    • Living Area: 840

    • Water Source: Public

    • Subdivision Name: DERBY DOWNS

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX ALLSTARS REALTY