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Overview

3 bd3 ba3,645 sqft2 car garageSingle Family
TypeSingle Family
HOANone listed
Built1983
Lot13,500 sqft
Living area3,645 sqft
Price / sqft$514
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Open FloorplanSolid Surface CountersWalk-in Closet(s)Window TreatmentsOutdoor KitchenPrivate MailboxRain Gutters

5207 Bay State Rd is a 1983-built home in Palmetto Skyway, Palmetto. Inside you'll find 3 bedrooms, 3 bathrooms, and 3,645 square feet of living space. Listed at $1,875,000 (about $514/sqft), 10 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
1983
Price / sqft
$514
On market
10 days
Annual tax
$8,203
Flood zone
AE
Lot
13,500 sqft
Type
Single Family Residence

At a glance

Single family
Built 1983
Waterfront
Intracoastal Waterway
Private pool
Heated
2 car garage
0.31 acres
Lot size

Payment

Est. monthly payment
$11,400/mo
Down payment (20%)
$375,000
Property taxes
$684/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1983
Lot
13,500 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Pool
Auto Cleaner, Heated, Indoor, Screen Enclosure, Solar Heat
Waterfront
Intracoastal Waterway
Days on Market
10
Ceiling Fans(s)
Open Floorplan
Solid Surface Counters
Walk-in Closet(s)
Window Treatments
Outdoor Kitchen
Private Mailbox
Rain Gutters
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Homestead exemption on file Flood Zone AE
Annual Tax (2025)
$8,203
Parcel #
2211900002

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Palmetto Skyway
County
Manatee
MLS Area
34221 - Palmetto/Rubonia
Lot Size
13,500 sqft
FloodZone

Price history

Date
Event
Price
10/1/2026
Listed for sale
Source: Stellar MLS #TB8554605
$1,875,000
$514/sqft

Neighborhood

5207 Bay State Rd
Palmetto, FL, 34221 · 34221 - Palmetto/Rubonia

Market insights

Offer Insights

Choose an offer strength

List price: $1,875,000
$1.85M – $1.88M
98.8% – 100% of listTops out right at the list price
80% of listList price
223 of the last 445 home closings in 34221 landed at this number or higher (50%). The median one sat 46 days before it went under contract, and this one is on day 10.

Sample: 445 closed home sales in 34221 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$11,400/mo
Principal & interest$9,779
Property taxes$684
Insurance$938
Down payment20% · $375,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,875,000

$514 per sq ft

Beds and baths

3 beds, 3 baths

Size

3,645 sq ft

Time on market

10 days

Year built

1983

Monthly payment

About $11,400/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $8,203 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

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Brokered byTHE AGENCY FLListing agent: Jennifer SpinelliListing data from Stellar MLS, MLS# TB8554605.

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