5142 LATHAM TERRACE, PORT CHARLOTTE, FL, 33981
Active142 days on marketListed Mar 24, 2026MLS #A4687224
About this home
5142 LATHAM TERRACE
Gulf Cove is a beautiful waterfront community located in the heart of Port Charlotte, Florida. This community boasts some unique selling propositions that make it a desirable place to call home. Gulf Cove is a deed-restricted community, which means that the community is governed by a set of rules and regulations that ensure that the community remains a high-quality place to live. This ensures that the community remains aesthetically pleasing, and the values of the homes remain stable. One of the main unique selling propositions of Gulf Cove is its proximity to the Myakka River. The Myakka River is a beautiful stretch of water that offers residents of Gulf Cove access to some great opportunities for boating, fishing, and water sports. Gulf Cove also has a private boat ramp, which is available exclusively to residents of the community. This ramp provides easy access to the Myakka River, making it easy for residents to get out on the water and enjoy all that the river has to offer. In addition to its proximity to the Myakka River, Gulf Cove is also conveniently located near some of the area's top employers. This makes it a great place to live for those who are looking for job opportunities in the area. Some of the nearby employers include Fawcett Memorial Hospital, Charlotte County Public Schools, and Tervis Tumbler. Gulf Cove also offers residents a variety of amenities that make it a great place to call home. The community has a park, a picnic area, and a playground, which are all great places for families to spend time together. Gulf Cove also has a community center, which is available for rent for private events. The community center is equipped with a kitchen, making it a great place to host parties and events. In conclusion, Gulf Cove is a beautiful waterfront community in Port Charlotte, Florida, with a variety of unique selling propositions that make it a great place to call home. Its proximity to the Myakka River, nearby employers, and community amenities make it a desirable place to live. Additionally, the high-quality homes in Gulf Cove come with many standard features and included upgrades that make them a great value for money.
Facts & features
The home at a glance
0.23 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,541 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,541/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Gulf Cove
Get to know Port Charlotte. See the full Port Charlotte guide →
Gulf Cove — neighborhood snapshot
Population
4,064
Median age
62
Median income
$57,533
Median home value
$349,277
Avg household
2
Households w/ children
274
For the school run
Charlotte County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Port Charlotte market
$289K → $305K
Port Charlotte median sold, yr/yr
96.0%
Sale-to-list ratio (12 mo)
Median sold price, Port Charlotte, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 759% above the PORT CHARLOTTE 33981 median. See the full Port Charlotte market guide →
Paper trail
This home's history
Reality check
What actually sold near 5142 LATHAM TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$259,944
5214 NORLANDER DRIVE · same community
2 bd · 2 ba · 1,340 sqft · $194/sqft · 224 DOM
Sold · Feb ’26$375,000
5251 EARLY TERRACE · same community
3 bd · 2 ba · 1,352 sqft · $277/sqft · 8 DOM
Sold · Feb ’26$470,000
5194 COOPER TERRACE · same community
2 bd · 2 ba · 1,516 sqft · $310/sqft · 244 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Anealya Hammad
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5142 LATHAM TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5142 LATHAM TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Anealya's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5142 LATHAM TERRACE FAQs
What would the monthly payment be for 5142 LATHAM TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,541/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5142 LATHAM TERRACE?+
The most recent tax bill on record (2025) was $3,132. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5142 LATHAM TERRACE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Port Charlotte?+
At $335,000, this home is listed about 2% above the Port Charlotte median of $330,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5142 LATHAM TERRACE?+
Myakka River Elementary School (elementary), L. A. Ainger Middle School (middle), Lemon Bay High School (high) — Charlotte County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$335,000 runs 759% above the PORT CHARLOTTE 33981 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
142 days on market against a Port Charlotte median of 60 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of WAGNER REALTY · Pauline Rocco. MLS #A4687224.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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