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5207 BAY STATE RD,  PALMETTO, FL 34221

MLS# TB8505742.  3 beds.  3.0 baths.  Single Family Home.  Active

$8,203 in taxes (2025)

$1,999,999

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: THE AGENCY FL ((407-335-4119))
  • Listing Agent: Jennifer Spinelli ((727-459-9650))
  • Days on yellowkey: 9
  • Property Type: Single Family Home
  • Beds: 3
  • Baths: 3.0
  • Living Area Square Feet: 3645
  • Built 1983
  • Taxes: $8,203 (2025)
  • Spa: Yes
  • Garage Spaces:2 ()
  • Square Feet: 4587
  • Fees: $0
  • Manatee County
  • Terms: Cash, Conventional
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  • Occupancy Information: Owner
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  • Subdivision Name: PALMETTO SKYWAY
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  • Exterior Features: Outdoor Kitchen, Private Mailbox, Rain Gutters, Sliding Doors
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  • View:Water
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
5/18/2026Sale9TB8505742listed for sale$1,999,999-436.0146MLS




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