5207 Bay State Road, Palmetto, FL 34221

$1,999,999
  • 5207 Bay State Road, Palmetto, FL 34221 Main Photo

81 Total Photos [Click to View All]

New to the Market Active
BEDS3 BATHS3 full SQUARE FEET3,645 MLS#TB8505742
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONPALMETTO SKYWAY

Property Description

Welcome to your fully reimagined open-water retreat in Palmetto, where modern upgrades, effortless coastal living, and long-term peace of mind come together in one exceptional property. Boasting 100 feet of waterfront with unobstructed open water views, this residence offers a rare advantage-no bridges to the Gulf, allowing for seamless boating access and the true Florida lifestyle right from your backyard. Just minutes away, explore Egmont Key's crystal-clear emerald waters and powder-soft sand beaches, one of the Gulf Coast's most coveted destinations. Designed for both comfort and functionality, this home features true one-floor living, providing ease and accessibility ideal for full-time residents or seasonal owners. Extensively updated in 2025, the property delivers a fully turnkey experience with new tile flooring throughout, fresh interior and exterior paint, and beautifully updated bathrooms. The thoughtfully designed layout offers a perfect balance of open living and private retreat spaces, while the kitchen is equipped with new appliances, including a dishwasher and refrigerator, blending modern convenience with everyday usability. Step outside into your private waterfront oasis. The backyard is designed for both relaxation and entertaining, featuring a resurfaced pool (2025), brand-new pool cage and screens, and a custom pergola-perfect for enjoying warm Florida evenings. Lush new landscaping (2025) and a circular driveway enhance both curb appeal and functionality. For boating enthusiasts, this property is exceptionally well-equipped with a repaired dock (2025) and two private boat lifts: 9,000 lb lift and 16,000 lb lift. Offering flexibility for multiple vessels and immediate access to the open Gulf.A new retaining wall (2025) provides added durability and long-term shoreline protection, ensuring peace of mind for years to come. This home also stands out for its efficiency and resilience, featuring: Solar panels with minimal electric bills (paid off at closing), Whole-house generator for uninterrupted power, Buried propane tank for reliability and clean aesthetics and Solar water heater. With a brand-new roof (2025) and a history of no flood damage from previous storms, this property offers a level of security and preparedness that is increasingly sought after in today's market. Ideally located near Tampa, St. Petersburg, and the Gulf beaches, this home presents a rare opportunity for full-time residents, second-home buyers, or those relocating from out of state seeking a move-in ready waterfront lifestyle with direct Gulf access and uncompromised upgrades. This is more than a home, it's a fully upgraded, open-water coastal investment designed for effortless Florida living.

5207 Bay State Road | MLS# TB8505742

This single family home located at 5207 Bay State Road, Palmetto, FL 34221 is currently listed for sale with an asking price of $1,999,999. This property was built in 1983 and has 3 bedrooms and 3 full baths with 3645 sq. ft. Bay State Road is located in the PALMETTO SKYWAY subdivision. Search PALMETTO SKYWAY real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2 car attached
Heating: Central, Electric
Home Style: Contemporary
Lot Size: 0.31 Acres
Roof Type: Shingle, Tile
Stories: 1.0
Taxes: $8,203
Year Built: 1983

Amenities

Ceiling Fans(s)
Open Floorplan
Solid Surface Counters
Walk-In Closet(s)
Window Treatments
Outdoor Kitchen
Private Mailbox
Rain Gutters
Sliding Doors

Feature Descriptions

Additional Rooms: Family Room, Formal Dining Room Separate
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Directions: NORTH OF PALMETTO HWY 19 WEST ON 50TH ST.TO STOP SIGH, LEFT ON PALMETTO POINT DR. RIGHT ON BAY STATE RD.
Energy Efficient: Appliances, Water Heater
Exterior: Block, Stucco
Flood Zone Code: AE
Flooring: Tile
Foundation: Block
Frontage ICW: 100
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: FloodZone
Lot Dimensions: 0.31
Ownership: Fee Simple
Pool: Auto Cleaner, Heated, Indoor, Screen Enclosure, Solar Heat
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Sprinkler Meter
Vegetation: Fruit Trees
Water: Public, Well
Water Access: Intracoastal Waterway
Water Access Y/N: Yes
Waterfront Features: Intracoastal Waterway, Lift, Seawall - Concrete
Water View: Intracoastal Waterway
Windows: Thermal Windows, Window Treatments
Zoning: RSF4.5

Room Sizes

Bedroom 2: 14x13
Dining Room: 14x11
Kitchen: 20x13
Living Room: 29x28
Primary Bedroom: 21x15

Listed By / Shown By

Listed By

Agency Name: THE AGENCY FL
Agency Contact: 407-335-4119

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500

IDX logo

Estimate Your Payment

Estimated Payment

$ 5,718.05 per month $4,451.13 Principal & Interest $683.58 Property Tax $583.33 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel