Date
Details
Price
Change
Source
10/07/2026
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
BOATERS, THIS IS THE ONE! Enjoy approximately 80 feet of seawall along the Forbes Waterway, plus a dock with 2 Davits with water connected. Launch from your own backyard and enjoy boating access to the Myakka River, Charlotte Harbor, and through Boca Grande Pass to the Gulf of Mexico. Spend your days fishing, cruising, exploring the waterways, or heading out for a waterfront adventure. YOUR SOUTHWEST FLORIDA WATERFRONT LIFESTYLE STARTS HERE! Beautifully maintained and meticulously cared for by only the second owner, this impressive pool home offers the perfect combination of boating, outdoor living, space, and comfort. Ideally located on a low-traffic cul-de-sac street. From the moment you arrive, you'll appreciate the lush mature palm trees, meticulous landscaping, screened front porch, and the home's beautifully kept, orderly, and well-cared-for presentation. Inside, the desirable split-bedroom floor plan features a large living room, spacious family room, formal dining room, breakfast nook, abundant closet space, and exceptional storage throughout. One of the home's standout features is the incredible indoor-outdoor flow. Nearly every room offers direct access to the expansive lanai and pool area, with amazing views. The guest bathroom provides convenient direct pool access. Major updates and features include a NEW ROOF in 2023, water heater 2019, new garage door, an attached 14' x 8' storage shed, plenty of room for guests, plus much more. Whether you're searching for a full-time Florida residence, seasonal escape, or waterfront retreat, this beautifully cared-for home delivers the lifestyle buyers come to Southwest Florida to find: POOL, DOCK, BOATING ACCESS, and exceptional outdoor living all in one property. Best of all, there is NO mandatory HOA and NO CDD. Owners may choose to join the voluntary property owners association: Property Owners of Gulf Cove, Inc., which provides access to a private boat ramp and private park. Designed for comfortable everyday living while embracing the Florida lifestyle, this home offers waterfront living, privacy, outdoor space, and water access without mandatory association fees. A short distance from the new Myakka River Park, currently under construction and expected to have trails, recreational areas, and a natural kayak launch along the Myakka River. Minutes to pristine, sparkling sand and turquoise-water beaches: Boca Grande and Englewood. Located close to schools, restaurants, and shopping. Move in, unpack, and start living the life you've always dreamed of. Don't miss the opportunity to make this your own personal sanctuary. Enjoy true Florida living: hiking, biking, hunting, swimming, shelling, boating, fishing, bird watching, and beyond. Schedule a viewing today and let this dream home become your reality!
Full Property Details
Full Property Details for 5242 Forbes Terrace
General
- Price: $549,900
- Taxes: $3,632 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: C7531465
- Updated: 10/7/2026
- Added to Site: 3 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Primary Bedroom Main Floor, Skylight(s), Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Trash Compactor, Washer
- Furnishings: Negotiable
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Park, Playground
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, In Ground, Lighting, Screen Enclosure
- Security/Safety: Security System Leased
Exterior
- Exterior Features: Lighting, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors, Storage
- Deck/Patio: Covered, Enclosed, Front Porch, Patio, Screened
- Porch/Patio/Deck: Covered, Enclosed, Front Porch, Patio, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 33981 - Port Charlotte
- County: Charlotte
- Development Name: 33981 - Port Charlotte
- Subdivision: PORT CHARLOTTE SEC 054
- Driving Directions: US-41/Tamiami Trail to FL-776/El Jobean Road and continue west. Turn right onto Gillot Blvd, then right onto Holton Terrace and follow it as it continues into David Blvd. Turn right onto Forbes Terrace and continue to 5242 Forbes Ter, Port Charlotte, FL 33981, property will be on your right.
- Direction Faces: West
Community
- Community Name: 33981 - Port Charlotte
- Community Features: Canal Front, Fishing, Private Boat Ramp, River, Water Access, Waterfront, Park, Playground
- Optional Amenities: Park, Playground
- Pet Restrictions: No Restrictions
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water District: FORBES WATERWAY
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 2,166
- Sq. Ft. Source: Public Records
- Year Built: 1987
Lot Features
- Property View: Water
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 9,999
- Lot Size: 9999
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Brackish, Gulf/Ocean, Intracoastal Waterway, River
- Water Extras: Yes
- Water Front Name: FORBES WATERWAY
- Water Front Desc.: Canal Front, Waterfront, Canal - Brackish
Financial Considerations
- Tax Amount: $3,632
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PCH 054 1700 0103 PORT CHARLOTTE SEC54 BLK1700 LT 103 366/413 737/566 1250/1153 1405/327 1492/1436 AFF1508/1180
- Flood Zone Info: AE
- APN: 402133158002
- Property ID: 402133158002
- Block/Lot/Section: 1700
Listed by Realty One Group Mvp
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Listing agent
— 5242 Forbes Terrace —
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Schools
Schools serving 5242 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 |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5242 Forbes Terrace
Tax History
Tax History for 5242 Forbes Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,731
-26%
$228,863
3%
2024
$3,682
1%
$222,413
3%
2023
$3,643
—
$215,935
3%
2022
$3,651
—
$209,646
3%
2021
$3,649
—
$203,540
1%
2021
$3,649
17%
$200,730
4%
2018
$3,122
4%
$192,558
5%
2017
$3,000
2%
$182,953
2%
2016
$2,935
—
$179,190
1%
2015
$2,935
-13%
$177,944
-9%
2019
$3,365
16%
$196,217
11%
2014
$2,905
—
$176,532
2%
2013
$2,894
—
$173,923
—
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 5242 Forbes Terrace
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5242 Forbes Terrace, Port Charlotte, FL 33981 (MLS# C7531465) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5242 Forbes Terrace is currently listed for $549,900 and was received on October 07, 2026. Want to learn more about 5242 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.