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For Sale

$1,999,999

5207 BAY STATE RD, PALMETTO, FL 34221

3 Beds
3 Baths
3,645 Sq.Ft.
Est. payment from /mo Get Pre-Approved

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.
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 turnke...
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Interior

Full Bathrooms
3 Full Baths
Laundry Room
Inside
Flooring
Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Other Interior Features
Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments

Area & Lot

Total Area
4,587 Sq.Ft.
Lot Size
0.31 Acres
MLS® ID
TB8505742
Type
Residential
Year Built
1983
Architecture Styles
Contemporary
Water Frontage
Intracoastal Waterway
View Description
Water

Exterior & Building

Stories
1
Garage Spaces
2.0
Water Source
Public, Well
Utilites
Cable Available, Electricity Connected, Public, Sewer Connected, Sprinkler Meter
Pool
Auto Cleaner, Heated, Indoor, Screen Enclosure, Solar Heat
Roof
Shingle, Tile
Lot Features
Flood Zone
Heat Type
Central, Electric
Air Conditioning
Central Air
Sewer
Public Sewer
Substructure
Block
Security Features
Smoke Detector(s)
Green Feature
Solar
Other Exterior Features
Outdoor Kitchen, Private Mailbox, Rain Gutters, Sliding Doors

Finance

Reduced Price
Price Upon Request
Real Estate Taxes
$8,203/yr
Zoning
RSF4.5
5207 BAY STATE RD
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Schedule a Tour

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Thank you for your interest in 5207 BAY STATE RD, PALMETTO, FL 34221. We are reviewing your request and will be in touch shortly!

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Jennifer is dedicated to helping her clients sell or buy their dream homes. She strives to provide her clients with a professional, streamlined, and stress-free experience. She now offers a unique skill set with her brokerages cutting edge marketing tools.