For sale Home

Listed Sep 29, 2026

$539,999 Est. $3,572/mo

5242 Forbes Terrace

  • 3

    Beds

  • 2

    Baths

  • 2,166

    Sq ft

The story

  • Pool
  • Waterfront

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 & features

Home type

Home

Year built

1987

Floors

1

Price per sq ft

$249

Parking

2-car garage

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Electric

  • Appliances

    Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Trash Compactor, Washer

  • Flooring

    Carpet, Tile

  • Roof

    Shingle

  • Lot Information

    Landscaped

  • Exterior

    Lighting, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Storage

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$3,572 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,874
  • Property tax $540
  • Insurance $157

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

REALTY ONE GROUP MVP

Broker Name

REALTY ONE GROUP MVP

Agent

Dena Sternquist PA