538 Midway DRIVE #A
About This Property
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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 |
|---|---|---|---|
| Aug 18, 2026 | Sold | ||
| Sold | |||
| Aug 10, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Listed by RE/MAX REALTY UNLIMITED | $110,000 | |
| Listed by RE/MAX REALTY UNLIMITED | |||
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|
Welcome to easy Florida living in Live Oak Village, a desirable 55+ condominium community in Silver Springs Shores. This beautifully updated 1-bedroom, 1-bathroom residence offers 844 square feet of bright, open living space designed for comfort and simplicity. The updated kitchen features granite countertops, a subway-tile backsplash and new stainless-steel appliances, while flowing seamlessly into the living and dining areas. Step outside to the extended brick-paver patio and enjoy peaceful golf-course views the perfect setting for morning coffee or an evening beverage.
The HOA fee includes basic cable, exterior insurance, trash service, maintenance of the building and common grounds, plus access to the community clubhouse and swimming pool. The Silver Springs Shores Community Center is approximately five minutes away, where residents may obtain an affordable annual membership to enjoy additional amenities, including a heated swimming pool, pickleball, tennis and basketball courts, exercise programs, aqua-cise, yoga, billiards, table tennis, games and community activities.
Conveniently located near shopping, dining, medical services and everyday necessities along Maricamp Road, with easy access to downtown Ocala, Silver Springs State Park, the Appleton Museum of Art and numerous parks, trails and outdoor recreation opportunities. Come enjoy low-maintenance living, wonderful amenities and a beautiful golf-course view!
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| Jan 23, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | 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 |
|---|---|---|---|---|---|---|---|
|
07/23/2026
|
1 Bed
|
1 Bath
|
844 ft²
|
$110,000
1 Bed
1 Bath
844 ft²
|
$100,000
-9.09%
08/18/2026
|
Karen Woods
RE/MAX REALTY UNLIMITED
| |
|
02/16/2024
|
1 Bed
|
1 Bath
|
844 ft²
|
$125,000
1 Bed
1 Bath
844 ft²
|
$111,000
-11.20%
07/16/2024
|
Penny Terry
KELLER WILLIAMS CORNERSTONE RE
| |
|
08/23/2023
|
1 Bed
|
1 Bath
|
844 ft²
|
$114,900
1 Bed
1 Bath
844 ft²
|
$99,500
-13.40%
01/23/2024
|
Earl Wilson
FONTANA REALTY EAST OCALA
| |
|
08/11/2023
|
1 Bed
|
1 Bath
|
844 ft²
|
$93,000
1 Bed
1 Bath
844 ft²
|
$80,000
-13.98%
01/12/2024
|
David Wineriter
FONTANA REALTY EAST OCALA
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017