New Listing
$1,875,000
 $10,065 est/mo Sourced by Back At You

5207 Bay State Rd,PALMETTO, FL 34221

PALMETTO, FL 34221

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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.

Details

MLS #TB8554605
Listing TypeFor Sale
StyleHouse
Sub-TypeFor-sale
StatusActive
Year1983
Days On Site6
Listing Provided ByTHE AGENCY FL | Jennifer Spinelli

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet3,645
Garage2
PoolYes
Story(s)1
ZoningRSF4.5
Acreage0.31
Water FrontYes
Property ViewWater

Taxes

Property8203

Area Information

StateFL
CountyManatee
CityPALMETTO
Zip Code34221
Area34221 Palmetto | Rubonia
SubareaPalmetto Skyway
Community NamePALMETTO SKYWAY
Listing VS Median (in PALMETTO SKYWAY)
Price:
$1,875,000
low | high
Med:
$1,875,000
50% of Average
sqft:
3,645
low | high
Med:
3,645
50% of Average
$ / sqft:
$514
low | high
Med:
$514
50% of Average
On site:
6
low | high
Med:
6
100% of Average
Sourced by Back At You

Market Activity 34221

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 10, 2026 at 4:51:31 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyManatee
CityPALMETTO
Zip Code34221
Area34221 Palmetto | Rubonia
SubareaPalmetto Skyway
Community NamePALMETTO SKYWAY
Listing VS Median (in PALMETTO SKYWAY)
Price:
$1,875,000
low | high
Med:
$1,875,000
50% of Average
sqft:
3,645
low | high
Med:
3,645
50% of Average
$ / sqft:
$514
low | high
Med:
$514
50% of Average
On site:
6
low | high
Med:
6
100% of Average
Sourced by Back At You
Listing Updated: October 5, 2026 at 1:02:07 PM PDT
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