5207 Bay State Road, Palmetto, FL 34221
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: jennifer spinelli
Office: the agency fl
MLS#:TB8505742
Source:MFRMLS
Price summary
- Price:$1,999,999
- Price per sq. ft.:$436.01
About this home
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....
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Home facts
- Year built:1983
- Listing ID #:TB8505742
- Added:1 day(s) ago
- Updated:May 19, 2026 at 10:11 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Tile
- Dining Description:Formal Dining Room
- Kitchen Description:Dishwasher, Disposal, Microwave, Range, Refrigerator, Solid Surface Counters
- Bedroom Description:Walk-In Closet(s)
- Basement Description:Block
- Living area:3,645 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle, Tile
- Year built:1983
- Building area:3,645 sq. ft.
- Lot area:0.31 Acres
- Lot Features:Flood Zone
- Architectural Style:Contemporary
- Construction Materials:Block, Stucco
- Exterior Features:Outdoor Kitchen, Private Mailbox, Rain Gutters
- Foundation Description:Block
- Levels:1 Story
Utilities
- Water:Public, Well
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,999,999
- Price per sq. ft.:$436.01
- Tax amount:$8,203 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Inside, Washer
- Amenities:Cable Available, Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
- Pool features:Automatic Cleaner, Heated, Indoor, Private Pool, Screen Enclosure, Solar Heat
Parking
- Parking description:Attached Garage
- Garage:Yes
- Garage spaces:2
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