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Overview

3 bd2 ba2,166 sqft2 car garageSingle Family
TypeSingle Family
HOANone listed
Built1987
Lot9,999 sqft
Living area2,166 sqft
Price / sqft$254
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Cathedral Ceiling(s)Ceiling Fans(s)High CeilingsPrimary Bedroom Main FloorSplit BedroomThermostatWalk-in Closet(s)Window Treatments

5242 Forbes Ter is a 1987-built home in Port Charlotte Sec 054, Port Charlotte. Inside you'll find 3 bedrooms, 2 bathrooms, and 2,166 square feet of living space. Listed at $549,900 (about $254/sqft), 16 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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!

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The essentials

Built
1987
Price / sqft
$254
On market
16 days
Annual tax
$3,632
Flood zone
AE
Lot
9,999 sqft
Type
Single Family Residence

At a glance

Single family
Built 1987
Waterfront
Canal - Brackish
Private pool
Gunite
2 car garage
9,999 sqft lot
Lot size

Payment

Est. monthly payment
$3,446/mo
Down payment (20%)
$109,980
Property taxes
$303/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1987
Lot
9,999 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Pool
Gunite, In Ground, Lighting, Screen Enclosure
Waterfront
Canal - Brackish
Days on Market
16
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
Park
Playground
Street Lights
Dishwasher
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Trash Compactor
Washer
Homestead exemption on file Flood Zone AE
Annual Tax (2025)
$3,632
Parcel #
402133158002

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Port Charlotte Sec 054
County
Charlotte
MLS Area
33981 - Port Charlotte
Lot Size
9,999 sqft
Landscaped

Price history

Date
Event
Price
9/29/2026
Listed for sale
Source: Stellar MLS #C7531465
$549,900
$254/sqft

Neighborhood

5242 Forbes Ter
Port Charlotte, FL, 33981 · 33981 - Port Charlotte

Market insights

Offer Insights

Choose an offer strength

List price: $549,900
$525,000 – $549,900
95.8% – 100% of listTops out right at the list price
80% of listList price
236 of the last 470 home closings in 33981 landed at this number or higher (50%). The median one sat 88 days before it went under contract, and this one is on day 16.

Sample: 470 closed home sales in 33981 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$3,446/mo
Principal & interest$2,868
Property taxes$303
Insurance$275
Down payment20% · $109,980
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$549,900

$254 per sq ft

Beds and baths

3 beds, 2 baths

Size

2,166 sq ft

Time on market

16 days

Year built

1987

Monthly payment

About $3,446/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,632 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

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Brokered byREALTY ONE GROUP MVPListing agent: Dena Sternquist PAListing data from Stellar MLS, MLS# C7531465.

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