504 SILVER COURSE #A
About This Property
**Note the bathrooms are Jack and Jill**
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2026 | Price Decreased |
$113,900
↓ $10K
(8.1%) | |
| Price Decreased | |||
| Feb 2, 2026 | Listed by SUNBURST PROPERTIES | $123,900 | |
| Listed by SUNBURST PROPERTIES | |||
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Well-maintained first-floor condominium located in the Fairway 7 section of Silver Springs Shores. This 2-bedroom, 1.5-bath residence offers 1,031 square feet of comfortable living space under air and features a fully updated electrical panel (November 2025) for added peace of mind.
The open-concept kitchen is equipped with updated stainless steel appliances and overlooks the combined living and dining areas, creating a bright and functional layout ideal for everyday living and entertaining. Sliding doors lead to a screened rear lanai, perfect for enjoying Florida’s indoor-outdoor lifestyle.
Fairway 7 units are highly desirable for their full-size inside laundry, and this condo includes a full-size washer and dryer. The primary bedroom features carpeted flooring and a walk-in closet. Both bathrooms have been tastefully updated with newer vanities and toilets, and the tub has been replaced with an easily accessible walk-in shower.
Low monthly HOA fees provide excellent value and include cable TV, community pool, exterior building maintenance, grounds maintenance, trash pickup, and building insurance. The Silver Springs Shores Community Center is located nearby and offers additional amenities for residents, including multiple swimming pools (one heated), a fitness gym, pickleball, basketball, ping pong, pool tables, and a wide variety of social activities—all available for a nominal annual fee of $5 per person for Silver Springs Shores residents.
Conveniently located near shopping, dining, medical facilities, and recreational amenities.
Ready and ideal for full-time residents or seasonal residents. Start enjoying all Ocala Florida has to offer.
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| Jul 28, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Price Decreased |
$114,700
↓ $10K
(8%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/05/2025
|
2 Bed
|
1 Bath
|
1031 ft²
|
$124,700
2 Bed
1 Bath
1031 ft²
|
$112,000
-10.18%
07/28/2025
|
Brandy Contreras
BASSETT PREMIER REALTY INC
| |
|
04/10/2019
| |
2 Bed
|
2 Bath
|
1031 ft²
|
$75,500
2 Bed
2 Bath
1031 ft²
|
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-
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-
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017