$799,000

5404 Bay State RdPalmetto, FL 34221

  • 3 beds
  • 3 baths
  • 2,220 sqft
  • 0.28 acres
  • 113 days on market

About this home

Back on the market due to buyers job loss! Don't miss your chance to be the lucky buyer on this one! Experience the ultimate Florida waterfront lifestyle in one of Palmetto's best kept secrets, Bay Colony. This elevated coastal retreat offers 3 bedrooms, 3 bathrooms, and 2,220 square feet of thoughtfully designed living space. Perfectly positioned along a deep-water canal with easy access to Terra Ceia Bay and the Gulf of Mexico, this exceptional waterfront property offers 105 feet of seawall, providing ample room to accommodate larger vessels. With dockside electric and water hookups, boating enthusiasts will appreciate the convenience of having everything they need right in their own backyard. Combining modern comfort with outstanding boating amenities and endless outdoor living opportunities, this property delivers the ultimate Florida waterfront lifestyle.Inside, an open and inviting floor plan with updated impact doors and windows is enhanced by abundant natural light, elegant finishes, and seamless flow for both everyday living and entertaining. The beautifully updated kitchen serves as the heart of the home, featuring sleek quartz countertops, a stylish designer backsplash, ample cabinetry, and generous prep space for gatherings large and small. The spacious primary suite offers a peaceful retreat, while two additional bedrooms provide comfortable accommodations for family and guests. On the lower level, a versatile bonus room with a full bathroom offers exceptional flexibility, making it ideal for a guest suite, home office, fitness room, media room, or private space for visiting family and friends. Designed for those who appreciate life on the water, the property boasts an updated private dock complete with a 15,000-pound boat lift, making it effortless to spend your days fishing, boating, or cruising the Gulf waters. Outside, the expansive lot offers an incredible opportunity to create the backyard of your dreams. With plenty of room to add a custom pool and outdoor kitchen, you can design your own private tropical oasis perfectly suited to your lifestyle. The home's elevated construction provides added peace of mind while maximizing coastal breezes and the beauty of its waterfront setting. Conveniently located near waterfront dining, marinas, pristine Gulf beaches, and the vibrant destinations of Sarasota, St. Petersburg, and Tampa, this exceptional residence offers the perfect balance of tranquility, luxury, and adventure. Whether you're searching for a full-time waterfront residence or the ultimate coastal getaway, this property presents a rare opportunity to own a slice of paradise with direct boating access, flexible living space, and endless possibilities for creating the Florida lifestyle you've always envisioned. Call today for your own private tour!

Virtual tour

Facts

Property type
Single Family Residence
Year built
1982
Garage spaces
2
Lot size
0.28 acres
Pool
No
Waterfront
Yes
Water view
Canal
Subdivision
PALMETTO SKYWAY SEC 2
Community
Palmetto Skyway
County
Manatee
CDD
0
Annual taxes
$6,197 (2025)
Flood zone
AE
Pets
Yes
New construction
No
MLS #
A4700079

Features

Interior
Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Flooring
Vinyl
Heating
Central
Cooling
Central Air
Exterior
Lighting
Patio & porch
Deck, Rear Porch
Parking
Boat, Driveway, Garage Door Opener
Construction
Block, Stucco, Frame
Roof
Shingle
Lot
Cul-De-Sac, FloodZone, In County, Landscaped, Paved, Unincorporated
View
Water
Community features
Dog Park, Golf Carts OK
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sprinkler Well
Water
Public
Sewer
Public Sewer
Elementary school
Palm View Elementary
High school
Palmetto High

Location

Stellar MLS Listing courtesy of TIM LESTER INTERNAT'L REALTY. MLS # A4700079.

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Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS. Last updated: 2026-11-05 12:15 AM EST.