5207 Bay State Road, Palmetto, FL 34221

$1,999,999
3
BD
3
BA
3,645
SqFt

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List Price
$1,999,999
Days on Market
72
MLS#
TB8505742
Bedrooms
3
Full Bathrooms
3
Sq. Ft
3,645
Lot Size
13,500
Subtype
Single Family
County
Manatee
Community
No Deed Restriction
Subdivision
Palmetto Skyway
Year Built
1983

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, ADA accessibility 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.

Additional Information

City
Palmetto
Region
Palmetto/Rubonia
Zip
34221
Mo Subdivision
Memphis
Neighborhood
Memphis
Subdivision
Palmetto Skyway
Area
3645
Water Frontage
Boatable Water
Community Extras
No Deed Restriction
Garage Spaces
2
Property Description
One Story
Exterior Construction
Block, Stucco
Located Near
FloodZone
Frontage
Intracoastal Waterway
Architectural Style
Contemporary
Pool Type
Private
Water Extras
Lift, Seawall - Concrete
Water Access
Intracoastal Waterway
Water View
Yes
Water View
Intracoastal Waterway
Property Style
Single Family
Total Acreage
1/4 to less than 1/2
Water Frontage
Yes
Special Sale Provision
None
Garage Description
2 Car Garage
Additional Rooms
Family Room, Formal Dining Room Separate
Water Extras
Yes
Minimum Lease
1 Month
Interior Features
Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
Interior Layout
Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
Water Frontage
Intracoastal Waterway
Water Front Description
Intracoastal Waterway
Flood Zone
AE
Flood Zone
Yes
Water Access
Yes
Financing Available
Cash, Conventional
Heated Square Feet
3645
Acres
0.31
Exterior Features
Outdoor Kitchen, Private Mailbox, Rain Gutters, Sliding Doors
Private Pool
Yes
Waterfront
Yes
Floor Covering
Tile
Water Features
Intracoastal Waterway, Lift, Seawall - Concrete, Intracoastal Waterway
HOA Comm/Assn
None
Pp Sqft
548.7
Levels
One
Architectural Style
Contemporary
Occupant Type
Owner
Subtype
Single Family
Roof
Shingle, Tile
Property Subtype
Residential
Pool
Yes
View
Water
Sewer
Public Sewer
Water Source
Public, Well
Furnished
Unfurnished
Green Energy Efficient
Appliances, Water Heater
Green Energy Generation
Solar

Listing courtesy of THE AGENCY FL. 407-335-4119

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