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515 MIDWAY DRIVE #A
About This Property
Experience refined lakefront living in this one-of-a-kind, fully renovated 2-bedroom, 2-bath residence overlooking the sparkling waters of Lake Sparkle. From the moment you enter, this home delivers a sense of serenity, elegance, and effortless comfort.
The thoughtfully designed open-concept living space is framed by expansive windows that capture uninterrupted lake views, flooding the home with natural light. The chef-inspired kitchen features granite countertops, custom cabinetry with pantry storage, stainless steel appliances, a classic subway tile backsplash, and a new Kohler faucet-perfect for both entertaining and everyday luxury.
Retreat to the spacious enclosed lanai, an inviting extension of the living area with newer windows and a freshly painted custom back porch. Overlooking the lake and the community pool, this tranquil setting creates a true resort-style sanctuary.
Every detail has been curated with quality and style in mind, including:
New waterproof luxury flooring throughout
Designer recessed lighting, ceiling fans, and upgraded electrical
Fresh interior paint and new interior doors
Two completely remodeled spa-like bathrooms with granite finishes
New washer and dryer with custom built-in cabinetry
New refrigerator and microwave
Roof replaced in 2022 and newer hot water heater
Residents enjoy complimentary access to the Silver Springs Community Center (nominal $5 badge), offering three pools, jacuzzi, pickleball courts, fitness center, and lake amenities. Golf lovers will appreciate the Country Club at Silver Springs Shores, located just one mile away.
Ideally positioned near shopping, dining, medical facilities, and nature attractions, including Silver Springs State Park (8 miles) and the World Equestrian Center (19 miles).
Cash purchase only.
Listed By
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Sep 10, 2026 | Relisted | $180,000 | |
| Relisted | |||
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Jan 24, 2026 | Listed by RE/MAX PREMIER REALTY | $180,000 | |
| Listed by RE/MAX PREMIER REALTY | |||
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/18/2025
|
2 Bed
|
2 Bath
|
1138 ft²
|
$165,000
2 Bed
2 Bath
1138 ft²
|
$155,000
-6.06%
06/20/2025
|
Marie Evans
RE/MAX PREMIER REALTY
| |
|
07/12/2024
|
2 Bed
|
2 Bath
|
1138 ft²
|
$159,900
2 Bed
2 Bath
1138 ft²
|
$150,000
-6.19%
08/19/2024
|
Kenneth Hoffman
SOUTHERN CHARM REALTY OF CF
| |
|
06/20/2019
| |
2 Bed
|
2 Bath
|
1258 ft²
|
$67,900
2 Bed
2 Bath
1258 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