7991 Midway Drive Terrace #L201, photo 1
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Overview

2 bd2 ba840 sqftCondominium
TypeCondominium
HOA$337.94/mo
Built1987
Lot377 sqft
Living area840 sqft
Price / sqft$161

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

7991 Midway Drive Terrace #L201 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 $134,900 (about $161/sqft), 1 days on market. HOA runs $337.94 monthly.

From the listing

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!

The essentials

Built
1987
Price / sqft
$161
On market
123 days
Annual tax
$1,999
HOA
$337.94/mo
Lot
377 sqft
Type
Condominium

At a glance

Payment

Est. monthly payment
$1,276/mo
Down payment (20%)
$26,980
Property taxes
$167/mo
HOA
$337.94/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1987
Lot
377 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
123
Annual Tax (2025)
$1,999

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Derby Downs
County
Marion
Lot Size
377 sqft
HOA
$337.94/mo

Price history

Date
Event
Price
6/8/2026
Listed for sale
Source: Stellar MLS #OM726210
$134,900
$161/sqft

Neighborhood

7991 Midway Drive Terrace #L201
Ocala, FL, 34472

Market insights

Offer Insights

Choose an offer strength

List price: $134,900
$125,000 – $134,900
92.6% – 100% of listTops out right at the list price
80% of listList price
10 of the last 18 condo closings in 34472 landed at this number or higher (56%). The median one sat 115 days before it went under contract, and this one is on day 123.

Sample: 18 closed condo sales in 34472 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$1,275/mo
Principal & interest$704
Property taxes$167
Insurance$67
HOA$338
Down payment20% · $26,980
Interest rate6.80%
Loan term

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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 is the fee 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

$134,900

$161 per sq ft

Beds and baths

2 beds, 2 baths

Size

840 sq ft

Time on market

123 days

Year built

1987

Monthly payment

About $1,276/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,999 annual tax bill, insurance, and the $337.94/mo HOA fee.

HOA fee

$337.94/mo

Offer

What should I offer?

Have another question?

Brokered bySUNBURST PROPERTIESListing agent: Scott HutchinsonListing data from Stellar MLS, MLS# OM726210.

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