5217 Forbes Terrace Port Charlotte, FL 33981
Gulf Cove NeighborhoodEstimated payment $5,864/month
Total Views
2,107
3
Beds
2
Baths
2,119
Sq Ft
$448
Price per Sq Ft
Highlights
- Water Views
- Open Floorplan
- Great Room
- Solar Heated In Ground Pool
- High Ceiling
- No HOA
About This Home
Offered below market value, this custom-designed waterfront residence captures the essence of Florida living. Ideally located near Manasota, Englewood, and Boca Grande beaches, the property also provides convenient access to shopping centers, dining options, golf courses, two spring training stadiums, scenic walking and biking trails at Cape Haze Pioneer Trail Park, and renowned fishing destinations. Situated on a riverfront cul-de-sac in the desirable Gulf Cove community, this 3-bedroom, 2-bathroom home includes a den and a spacious 3-car garage. The property features Gulf access via a canal and showcases direct views of the Myakka River from both the lanai and a 36' x 23' walk-around dock, complete with water and electric connections, maintenance-free composite decking, and an 8,000 lb boat lift with remote control. The interior offers a thoughtfully designed split floor plan for functionality and privacy. The chef’s kitchen includes recessed lighting, stainless steel appliances, solid wood cabinetry with custom drawer systems, quartz countertops, a double-sized pantry with sliding wood drawers, two built-in microwaves, two dishwashers, a motion-activated faucet, garbage disposal, built-in soap dispenser, and an oversized island over nine feet in length. The pool is equipped with both an electric heater and a solar heater, giving you year-round comfort and flexibility. Gulf Cove residents also have the option to join a voluntary property owners association, providing access to a private boat ramp and a community riverfront park along the Myakka River. Book your private showing today!
Listing Agent
HOME PRIME REALTY LLC Brokerage Phone: 727-859-6576 License #3579882 Listed on: 09/21/2024
Co-Listing Agent
HOME PRIME REALTY LLC Brokerage Phone: 727-859-6576 License #3397305
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,317
Year Built
- Built in 2020
Lot Details
- 9,999 Sq Ft Lot
- East Facing Home
- Irrigation Equipment
- Property is zoned RSF3.5
Parking
- 3 Car Attached Garage
Property Views
- Water
- Pool
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,119 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Crown Molding
- High Ceiling
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Combination Dining and Living Room
- Den
- Ceramic Tile Flooring
Kitchen
- Convection Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Pool
- Solar Heated In Ground Pool
- Pool Lighting
Outdoor Features
- Screened Patio
- Private Mailbox
Schools
- Englewood Elementary School
- L.A. Ainger Middle School
- Lemon Bay High School
Utilities
- Central Air
- Heating Available
Community Details
- No Home Owners Association
- Gulf Cove Community
- Port Charlotte Sec 054 Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 88 / 1700
- Assessor Parcel Number 402133157006
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $8,317 | $498,064 | $0 | $0 |
| 2022 | $8,077 | $483,557 | $0 | $0 |
| 2021 | $8,120 | $469,473 | $104,550 | $364,923 |
| 2020 | $1,935 | $107,780 | $103,700 | $4,080 |
| 2019 | $1,882 | $107,780 | $103,700 | $4,080 |
| 2018 | $1,660 | $96,737 | $93,500 | $3,237 |
| 2017 | $1,480 | $75,028 | $71,995 | $3,033 |
| 2016 | $1,349 | $53,826 | $0 | $0 |
| 2015 | $1,185 | $48,933 | $0 | $0 |
| 2014 | $1,309 | $50,500 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Price Changed | $949,000 | -4.9% | $448 / Sq Ft |
| 03/25/2025 03/25/25 | For Sale | $998,000 | 0.0% | $471 / Sq Ft |
| 03/21/2025 03/21/25 | Off Market | $998,000 | -- | -- |
| 02/24/2025 02/24/25 | Price Changed | $998,000 | -4.9% | $471 / Sq Ft |
| 01/03/2025 01/03/25 | Price Changed | $1,049,000 | -2.4% | $495 / Sq Ft |
| 09/21/2024 09/21/24 | For Sale | $1,075,000 | -- | $507 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $55,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,000 | Credit Line Revolving | |
| Open | $418,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in Port Charlotte, FL
Source: Stellar MLS
MLS Number: T3551648
APN: 402133157006
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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