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5217 Forbes Terrace

PORT CHARLOTTE, FL 33981

3 beds
2 baths
2,119 sqft
9,999 sqft lot
$447 per sqft
2020 build
– on site

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 courtesy of STELLAR_MLS / HOME PRIME REALTY LLC

Last checked: Checking… • Last updated Jun 30, 2025 •

MLS# T3551648 —

The Building

Year Built:

2020
New Construction:

false
Construction Materials:

Block
Levels:

One
Stories Total:

1
Roof:

Shingle
Foundation Details:

Slab
Patio And Porch Features:

Screened
Building Area Total:

3145
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Crown Molding
Flooring:

Ceramic Tile
Additional Rooms:

Den/Library/Office
Fireplace:

true
Fireplace Features:

Other Room

Room Dimensions

Living Area:

2119
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From 776 make a left on Gillot Blvd and then an inmediate right on Holton terr ,keep going and take the turn until Forbes to make a right. House will be on the left before the end of the street
Latitude:

26.953911
Longitude:

-82.21896
Coordinates:

-82.21896, 26.953911

The Property

Parcel Number:

402133157006
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Completed
Lot Size Acres:

0.23
Lot Size Area:

9999
Lot Size SqFt:

9999
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RSF3.5
Direction Faces:

East
View:

Pool
View:

true
Exterior Features:

Irrigation System
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

8AE
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

88
Tax Block:

1700
Tax Legal Description:

PCH 054 1700 0088 PORT CHARLOTTE SEC54 BLK1700 LT88 353/97 769/284 951/1741 DC1356/994 1894/161
Tax Book Number:

5-68
Tax Annual Amount:

$8,316.59

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/T3551648
Virtual Tour URL Unbranded 2:

https://listings.hi-reshomes.com/videos/019538ea-7a8c-73fa-adba-6f33eaa536d9
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Public Sewer

Appliances

Appliances:

Convection Oven
Laundry Features:

Inside

Schools

Elementary School:

Englewood Elementary
Middle Or Junior School:

L.A. Ainger Middle
High School:

Lemon Bay High

The Community

Subdivision Name:

PORT CHARLOTTE SEC 054
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Spa:

false
Pool Private:

true
Pool Features:

Heated
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

3
Carport:

false
Covered Spaces:

3

Monthly cost estimate

Asking price

$949,000

Expense	Monthly cost
Mortgage	$5,081
Taxes	$693
Insurance	$260
Utilities	$143 See report
Total	$6,177/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

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Sale history

Date	Event	Source	Price	% Change
5/5/25 May 5, 2025	Price Changed	STELLAR_MLS	$949,000	-4.9%
2/24/25 Feb 24, 2025	Price Changed	STELLAR_MLS	$998,000	-4.9%
1/3/25 Jan 3, 2025	Price Changed	STELLAR_MLS	$1,049,000	-2.4%

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This house located in Gulf Cove, FL 33981 is currently for sale for $949,000. 5217 Forbes Terrace is a 2,119 square foot house with 3 beds and 2 baths that has been on Estately for 287 days. 5217 Forbes Terrace is in the Gulf Cove neighborhood of PORT CHARLOTTE. This house is in the attendance area of Lemon Bay High School.

Listing Courtesy of: STELLAR_MLS and HOME PRIME REALTY LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.