5314 NEVILLE TERRACE Welcome to your waterfront piece of Florida paradise! Located in the desirable boating community of Gulf Cove, this home is a water lover's dream. The canal-front property features an ideal split floor plan with three bedrooms, two and a half baths (including a pool bath), and vaulted ceilings throughout the open-concept living/dining area, ensuring the perfect space for entertaining. Situated on a large corner lot, the property also boasts an additional 40 feet of width on the left side, providing ample space for parking your boat, water toys, RV, or for adding onto the existing property. Currently, a large matching shed occupies this space, which can be utilized or converted according to your needs. Upon arrival, you'll notice fresh exterior paint, new landscaping, and a new metal roof (installed in 2022), along with a matching metal roof and paint on the workshop/shed. Recent upgrades include interior paint, landscaping and lighting around the pool area, a wrought iron-fenced backyard, a resurfaced pool, a brick-paver pool deck, an outdoor electrical hookup for an RV, luxury waterproof laminate flooring, newer stainless steel appliances, and removal of popcorn ceilings from the primary bedroom and main living areas. New owners can take advantage of the Gulf Cove private community boat ramp located just a couple of streets over, as well as the waterfront community park, playground, and pavilion. The Homeowners Association (HOA) is optional, with an annual fee of $75 for use of the boat ramp or other Gulf Cove amenities. This home is truly a peaceful tropical oasis that would make for a fantastic full-time or part-time residence.