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7991 MIDWAY DRIVE TERRACE UNIT L201

Condo/Co-op For Sale
$134,900

BTC: 2.10158622

ETH: 76.51990425

14 days
2 bds
2 ba
840 sqft

Overview

TURNKEY FURNISHED and ready for immediate enjoyment! This beautifully updated 2-bedroom, 2-bath condominium in the desirable 55+ community of Derby Downs offers carefree Florida living with scenic golf course and water views. Inside, you'll find 840 square feet of thoughtfully designed living space plus an additional 140-square-foot screened lanai—the perfect place to enjoy your morning coffee, unwind with a good book, or take in peaceful sunsets overlooking the fairways and water. The recently renovated kitchen is a standout feature, boasting all-new appliances, granite countertops, a farmhouse-style sink, updated cabinetry, and modern finishes that make meal preparation both functional and enjoyable. Both bathrooms feature new vanities, granite countertops and new fixtures as well. Being sold completely furnished, this move-in-ready home allows you to start enjoying the Florida lifestyle from day one. The spacious primary suite and comfortable guest accommodations provide plenty of room for visiting family and friends. Residents of Derby Downs enjoy low-maintenance living with HOA services that include exterior building maintenance, common area upkeep, garbage collection, pest control, and the peace of mind of roofs replaced in 2019-2020. An assigned parking space is conveniently located directly in front of the building. Outdoor enthusiasts will appreciate the abundance of nearby recreational opportunities, including Silver Springs State Park, the Silver River, Lake Weir, Little Lake Weir, and multiple golf courses such as Silver Springs Shores Golf & Country Club and Lake Diamond Golf Club. Shopping, dining, medical facilities, and everyday conveniences are also just minutes away. Whether you're looking for a full-time residence, seasonal retreat, or low-maintenance Florida getaway, this furnished condo offers exceptional value, beautiful views, and an active lifestyle in one of Ocala's most convenient locations. Schedule your private showing today and discover why Derby Downs is such a popular destination for active adults!

Location

Details

Type:
Residential
Parking:
Assigned
Year Built:
1987
Lot:
0.01 Acres
Heating:
Central / Heat Pump
Price/sqft:
$161
Cooling:
Central Air
HOA:
$338

Valuation

Our model vs. what's actually selling nearby.
Estimate
$118,500
$74K – $146K
Confidence Low
List vs. estimate
$16K above estimate
List $134,900 · +13.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$160
+21.6% 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
$1,998
2025
HOA
$337/mo
Common Area Taxes, Maintenance Structure, Maintenance Grounds
View
Golf Course, Trees/Woods
Furnished
Furnished
Pets
Number Limit, Size Limit
All facts and features
  • Flooring

    • Carpet

    • Laminate

    Heating

    • Central

    • Heat Pump

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Living Room/Dining Room Combo

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    Property

    • Levels: One

    • Exterior Features: Rain Gutters

    Lot

    • Lot: 0.01 Acres

    Other Property Information

    • Parcel Number: 9049012201

    • Zoning: R3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Available

    • Electricity Connected

    • Water Connected

  • Other financial information

    • HOA: $338

    • HOA Frequency: Monthly

    • Annual tax amount: $1,999

  • Source details

    • MLS ID: OM726210

    Other facts

    • Construction Materials: Metal Siding / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: In Kitchen / Inside

    • Patio And Porch Features: Rear Porch / Screened

    • Direction Faces: Northwest

    • Living Area: 840

    • Water Source: Public

    • Subdivision Name: DERBY DOWNS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: SUNBURST PROPERTIES