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About this home
7874 Midway Drive Ter #V101 is a 1987-built home in Derby Downs, Ocala. Inside you'll find 2 bedrooms, 2 bathrooms, and 840 square feet of living space. Listed at $110,000 (about $131/sqft), 2 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. Condo dues run $338 monthly.
Evening settles over the fairway as you sit out on the back patio, with room for a table and chairs and the golf course stretching out beyond your two-bedroom, two-bath, 840-square-foot home. Mornings start in the same spot with a cup of coffee, and a walk past the equestrian statues of the Derby Downs-themed grounds to the gazebo makes coming and going part of the day. Inside, butcher block countertops give the kitchen a warm, hands-on place to cook. The second bedroom works as a home office or guest room while the primary bedroom keeps a bath of its own. At 840 square feet there is less to clean and maintain, and the condo association handles grounds maintenance and community trash, with guest parking for visitors, so more of the weekend is yours to spend out on the patio. Come see how it feels to live here.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$110,000
$131 per sq ft
Beds and baths
2 beds, 2 baths
Size
840 sq ft
Time on market
2 days
Year built
1987
Monthly payment
About $1,177/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,523 annual tax bill, insurance, and $338/mo in condo dues.
Condo dues
$338/mo
Managed by Derby Downs Condo Association.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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