$82,500
●
Condo -
Off Market
623 Midway DRIVE #B
OCALA, FL 34472
1 Bed
1 Bath
822 Ft²
$92,949
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Fabulous Condo Community in SE Ocala. Twin Lakes Village West
1/1 55+ Condo Located on Lake Sparkle. Oversized bedroom
gives ample space for furniture. Fabulous view of Lake Sparkle from
the great Lanai. Get ready to update this great space and
make this community your home. Enjoy the community pool and
and also the Silver Springs Community Center. This is Free to
all Condo Owners. You pay $5
for a laminate badge. 3 Pools, 1 Jacuzzi, Pickleball, Fitness Center, a lake and so much more to enjoy. Parks, Doctors, Shopping, Restaurants within minutes. Silver Springs State Park is 8 miles away and the World Equestrian Center is 19 Miles away. Cash Only Purchase.
for a laminate badge. 3 Pools, 1 Jacuzzi, Pickleball, Fitness Center, a lake and so much more to enjoy. Parks, Doctors, Shopping, Restaurants within minutes. Silver Springs State Park is 8 miles away and the World Equestrian Center is 19 Miles away. Cash Only Purchase.
Unit Size
822 Ft²
Days on Market
45 days
Land Size
0.01 acres
Price per sqft
$109
Property Type
Condo
Property Taxes
$89
HOA Dues
$165
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Stellar MLS #OM642242)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2026 | Listed by SUNBURST PROPERTIES | $110,000 | |
| Listed by SUNBURST PROPERTIES | |||
   | |||
|
Welcome Home to this completely updated condominium, located in the highly sought after 55+ community of Lake Village West. This partially furnished, 1/1 plus a Flex room features luxury plank vinyl flooring throughout, spacious bath, beautiful electric Fireplace. The flex room can be used as an office, bedroom (murphy bed included) or a dining room. The kitchen counter is conditioned butcher block. Plenty of storage and a NEW HAVC. Enjoy your morning coffee or an evening beverage while you admire your beautiful view of Lake Sparkle from your private enclosed Lanai. You will enjoy the Oak lined streets, the community pool and several lakes nestled between the Silver Springs Country Club Golf Course. Only minutes from Walmart, Publix and other grocery stores, pharmacies, local restaurants, and hiking trails. You are also located 1 mile from the Silver Springs Community Center offering 3 pools, Jacuzzi, Pickleball & Fitness Center.
| |||
| Aug 24, 2022 | Sold | ||
| Sold | |||
| Jul 10, 2022 | Listed by RE/MAX PREMIER REALTY | $89,900 | |
| Listed by RE/MAX PREMIER REALTY | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo
Appliances: Range, Refrigerator
Flooring Type: Carpet, Linoleum
Rooms: 5
Exterior Details
Square Footage: 822
Square Footage Source: $0
Year Built: 1972
Waterfront Features: Waterfront
Waterview: Lake
Waterbody Name: Lake Sparkle
Levels: One
Building Area Units: Square Feet
Construction Materials: Stucco, Wood Frame
Lot Size Area: 350
Lot Size Units: Square Feet
Lot Size Acres: 0.01
Lot Size Square Feet: 350
Tax Lot: 409
Water Source: Public
Financial Details
Tax Annual Amount: $1,067
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Trash
HOA Fee: $165
HOA Fee Frequency: Monthly
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2022
|
1 Bed
|
1 Bath
|
822 ft²
|
$89,900
1 Bed
1 Bath
822 ft²
|
$82,500
-8.23%
08/24/2022
|
Marie Evans
RE/MAX PREMIER REALTY
|
Building Info
About Silver Springs Shores
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Listed by: Marie Evans
RE/MAX PREMIER REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM642242
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
RE/MAX PREMIER REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM642242
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