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$899,000
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Property Description
One or more photo(s) has been virtually staged. 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. Roof replaced in 2023. 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 Ib 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!
Full Property Details
Full Property Details for 5217 Forbes Terrace
General
- Price: $899,000
- Taxes: $8,309 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8444679
- Updated: 12/29/2025
- Added to Site: 73 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), Crown Molding, High Ceilings, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Electric, Living Room
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Closet
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Heated, In Ground, Lighting, Solar Heat
Exterior
- Exterior Features: Irrigation System, Private Mailbox, Rain Gutters, Sliding Doors
- Deck/Patio: Deck, Porch, Rear Porch, Screened
- Porch/Patio/Deck: Deck, Porch, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Driveway, Garage Door Opener
Location
- Area: 33981 - Port Charlotte
- County: Charlotte
- Development Name: 33981 - Port Charlotte
- Subdivision: PORT CHARLOTTE SEC 054
- Driving Directions: From FL-776, turn left onto Gillot Blvd. Make an immediate right onto Holton Ter, continue and follow the curve, then right onto Forbes Ter. Home is on the left near the end of the street.
- Direction Faces: East
School Information
- Elementary School: Englewood Elementary
- Middle School: L.A. Ainger Middle
- High School: Lemon Bay High
Community
- Community Name: 33981 - Port Charlotte
- Association: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- Builder: DM Dean Inc Custom Homes
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,119
- Sq. Ft. Source: Public Records
- Year Built: 2020
Lot Features
- Property View: Water
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 9,999
- Lot Size: 9999
- Street/Road Desc.: Asphalt, Concrete, Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Brackish Water, Canal - Brackish
- Water Extras: Yes
- Water Front Desc.: Canal - Brackish, Canal Front
Financial Considerations
- Assoc Fee Desc.: Optional
- Tax Amount: $8,309.03
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PCH 054 1700 0088 PORT CHARLOTTE SEC54 BLK1700 LT88 353/97 769/284 951/1741 DC1356/994 1894/161
- Flood Zone Info: AE
- APN: 402133157006
- Property ID: 402133157006
- Block/Lot/Section: 1700
Listed by Home Prime Realty Llc
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Schools
Schools serving 5217 Forbes Terrace
School District:Charlotte County School District
| Name | Grades | Distance |
|---|---|---|
Myakka River Elementary School 12650 Willmington Boulevard, Port Charlotte, FL 33981 | PK-5 | 1.3 mi |
L. A. Ainger Middle School 245 Cougar Way, Rotonda West, FL 33947 | 6-8 | 5.1 mi |
Lemon Bay High School 2201 Placida Road, Englewood, FL 34224 | 9-12 | 7.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5217 Forbes Terrace
Date
Details
Price
Change
Source
12/19/2025
Price Reduced
$899,000
-2.76%
MLS
11/06/2025
Listed
$924,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5217 Forbes Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,033
33%
$721,890
41%
2024
$8,309
—
$513,006
3%
2023
$8,317
3%
$498,064
3%
2022
$8,077
-1%
$483,557
3%
2021
$8,120
—
$469,473
336%
2021
$8,120
389%
$107,780
11%
2018
$1,660
12%
$96,737
29%
2017
$1,480
-21%
$75,028
5%
2019
$1,882
40%
$71,643
6%
2016
$1,349
14%
$67,633
38%
2015
$1,185
-9%
$48,933
-3%
2014
$1,309
2%
$50,500
10%
2013
$1,280
—
$45,909
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5217 Forbes Terrace
5217 Forbes Terrace, Port Charlotte, FL 33981 (MLS# TB8444679) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5217 Forbes Terrace is currently listed for $899,000 and was received on November 06, 2025. Want to learn more about 5217 Forbes Terrace? Do you have questions about finding other Single Family real estate for sale in Port Charlotte? You can browse all Port Charlotte real estate or contact a Coldwell Banker agent to request more information.

