5242 FORBES TERRACE

Property Details

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!

Facts & Costs

Property type

Single Family Residence

Year built

1987

Lot size

9,999 sq ft

Garage

2 spaces

Price per sq ft

$254

Private pool

Yes

Waterfront

Yes

Community

Port Charlotte

Subdivision

PORT CHARLOTTE SEC 054

County

Charlotte

Flood zone

AE

Monthly & yearly costs

Property taxes

$3,632 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Electric

Cooling

Central Air

Flooring

Carpet, Tile

Roof

Shingle

Construction

Block, Stucco

View

Water

Payment Estimate

$3,083 / month

Principal & interest

$2,781

Property taxes

$303

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Dishwasher
• Dryer
• Electric Water Heater
• Microwave
• Range
• Refrigerator
• Trash Compactor
• Washer
• Cathedral Ceiling(s)
• Ceiling Fans(s)
• High Ceilings
• Primary Bedroom Main Floor
• Split Bedroom
• Thermostat
• Walk-In Closet(s)
• Window Treatments
• Lighting
• Private Entrance
• Private Mailbox
• Private Yard
• Rain Gutters
• Storage
• Gunite
• In Ground
• Screen Enclosure
• Canal - Brackish