Foreclosure

Est. $340,000

5281 FORBES TERRACE, PORT CHARLOTTE, FL 33981

3beds

1,991sqft

Single Family Residence

Built in 1982

9,999 Square Feet Lot

$321,700 Zestimate^®

$171/sqft

$-- HOA

What's special

Updated finishesFull laundry roomSeawater canal viewsModern kitchenBuilt-in wall ovensRoof-mounted solar panelsOutdoor shower

Look closely at this deal on a Gulf Cove waterfront home newly appointed with a modern kitchen, built-in wall ovens, large cooking island with stainless-steel hood, updated finishes, and roof-mounted solar panels. Spacious living areas with a Florida room overlooking your water. Ceramic tile throughout the entire home, full laundry room and three full bathrooms. Large oak trees cover a back patio area with outdoor shower, firepit, and room for entertaining. Enjoy the waters of the Gulf with your seawater canal views, dock, and davits. The community of Gulf Cove offers optional access to a private boat ramp and waterfront park, where you can access the Myakka River, Charlotte Harbor, and the Gulf of America. The area provides convenient access to boating, fishing, golf, dining, shopping, nature areas, and Charlotte Sports Park, home to Tampa Bay Rays spring training.

8 days
629
89

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Features: Built-in Closet
Level: First

Bedroom 2

Features: Built-in Closet
Level: First

Bedroom 3

Features: Built-in Closet
Level: First

Primary bathroom

Features: En Suite Bathroom, Exhaust Fan, No Closet
Level: First

Bathroom 2

Features: No Closet
Level: First

Bathroom 3

Features: No Closet
Level: First

Other

Features: No Closet
Level: First

Dining room

Features: No Closet
Level: First

Florida room

Features: No Closet
Level: First

Kitchen

Features: No Closet
Level: First

Laundry

Features: No Closet
Level: First

Living room

Features: No Closet
Level: First

Heating

Central

Cooling

Central Air

Appliances

Included: Oven, Convection Oven, Cooktop, Electric Cooktop, Exhaust Fan, Microwave, Range Hood
Laundry: Laundry Room

Features

Living Room/Dining Room Combo, Open Floorplan
Flooring: Ceramic Tile
Doors: Sliding Doors, Outdoor Shower
Has fireplace: No

Interior area

Total structure area: 1,991
Total interior livable area: 1,991 sqft

Video & virtual tour

View virtual tour

Property

Features

Levels: One
Stories: 1
Patio & porch: Front Porch, Rear Porch
Exterior features: Outdoor Shower
Has view: Yes
View description: Water, Canal
Has water view: Yes
Water view: Water,Canal
Waterfront features: Canal - Saltwater, Saltwater Canal Access, Davits, Seawall

Lot

Size: 9,999 Square Feet
Features: Cul-De-Sac, Landscaped, Near Marina

Details

Parcel number: 402133306002
Zoning: RSF3.5
Special conditions: Real Estate Owned

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Cedar
Foundation: Slab
Roof: Shingle

Condition

Completed
New construction: No
Year built: 1982

Utilities & green energy

Electric: Photovoltaics Seller Owned
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

Green energy

Energy generation: Solar

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: PORT CHARLOTTE SEC 054

HOA

Has HOA: No

Location

Region: Pt Charlotte

Financial & listing details

Price per square foot: $171/sqft
Tax assessed value: $321,439
Annual tax amount: $5,964
Date on market: 10/7/2026
Cumulative days on market: 3 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Asphalt

Foreclosure details

Estimated market value

$321,700

$306,000 - $338,000

$2,008/mo

Price history

Date	Event	Price
12/4/2023	Sold	$350,000-2.8%$176/sqft
Source: Stellar MLS #T3463126 Report a problem
5/15/2023	Sold	$360,100-34.5%$181/sqft
Source: Public Record Report a problem
3/28/2023	Listed for sale	$549,995+12.5%$276/sqft
Source: Stellar MLS #A4563479 Report a problem
7/1/2021	Sold	$489,000$246/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,964 -3.8%	$321,439 -4.4%
2024	$6,198 -27.8%	$336,093 +18.5%
2023	$8,586 +3.5%	$283,691 +5.9%
2022	$8,298 +101.1%	$267,961 +40.1%
2021	$4,127 +87.5%	$191,298 +53.7%
2020	$2,201 +4.3%	$124,500 +2.3%
2019	$2,110 +8.4%	$121,701 +1.9%
2018	$1,947	$119,432 +2.1%
2017	$1,947 +1.2%	$116,976 +2.1%
2016	$1,925 +50.6%	$114,570 +0.7%
2015	$1,278 +0.5%	$113,774 +0.8%
2014	$1,271 +0.7%	$112,871 +3.2%
2013	$1,262 +4.5%	$109,344 +3%
2012	$1,207 +5.8%	$106,159
2011	$1,141 -0.1%	$106,159 +1.5%
2010	$1,142 +11.9%	$104,590 +2.7%
2009	$1,021	$101,840 +5.7%
2007	--	$96,366
2006	--	$96,366 +6.1%
2005	--	$90,834 +1.9%
2004	--	$89,140
2003	--	$89,140 +2.4%
2002	$1,318 -3.1%	$87,051 +1.6%
2001	$1,359 +9.9%	$85,680 +3%
2000	$1,237	$83,184