$849,900
OPEN SUN 1PM - 3PM

5404 Bay State Rd Palmetto, FL 34221

Memphis Area

Estimated payment $5,133/month

Total Views 195
3 Beds
3 Baths
2,220 Sq Ft
$383 Price per Sq Ft

Highlights

  • Hot Property
  • Dock has access to electricity
  • Sailboat Water Access
  • 106 Feet of Salt Water Canal Waterfront
  • Parking available for a boat
  • Boat Lift

About This Home

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, this exceptional property blends modern comfort with endless outdoor living opportunities. 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!

Listing Agent

Tim Lester

TIM LESTER INTERNAT'L REALTY Brokerage Phone: 941-981-5388 License #3101382 Listed on: 07/15/2026

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,197

Year Built

  • Built in 1982

Lot Details

  • 12,288 Sq Ft Lot
  • 106 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • Unincorporated Location
  • Northwest Facing Home
  • Chain Link Fence
  • Mature Landscaping
  • Well Sprinkler System
  • Property is zoned RSF4.5/C

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking available for a boat

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,220 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Bonus Room
  • Canal Views
  • Storm Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Outdoor Features

  • Sailboat Water Access
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Davits
  • Seawall
  • Boat Lift
  • Dock has access to electricity
  • Dock made with wood
  • Deck
  • Exterior Lighting
  • Rear Porch

Location

  • Flood Zone Lot

Schools

  • Palm View Elementary School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • 1 Water Well
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Palmetto Skyway Community
  • Palmetto Skyway Sec 2 Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,197

Year Built

Built in 1982

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Frame
  • Fireplace: Yes
  • Living Area: 2220
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 3080
  • Lot Size Sq Ft: 12288
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 286.14
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 382.84
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood,Dock w/Electric,Lift
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Bay/Harbor Front,Canal Front,Community Boat Ramp,Fishing,Water Access,Waterfront
  • Attribution Contact: 941-981-5388
  • Tax Year: 2025
  • Special Features: 4097

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: 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 Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Window Features: Blinds, Storm Window(s)
  • Additional Rooms: Bonus Room
  • Living Area Meters: 206.24

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: TERRA CEIA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Davits,Lift,Sailboat Water,Seawall - Concrete
  • Water Frontage Feet Canal Salt: 106
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 106
  • Flood Zone Panel: 12081C0154F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Driveway, Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Chute, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Dog Park, Golf Carts OK
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Verify all pet restrictions with Manatee County.

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Palm View Elementary
  • High School: Palmetto High

Lot Info

  • Zoning: RSF4.5/C
  • Parcel Number: 2210800005
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Cul-De-Sac, FloodZone, In County, Landscaped, Paved, Unincorporated
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Verify all leasing restrictions with Manatee County.

Tax Info

  • Tax Annual Amount: 6197
  • Tax Book Number: 9-40
  • Tax Lot: 43

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,197 $468,547
2023 $5,764 $442,080 $0 $0
2022 $5,622 $429,204 $0 $0
2021 $5,415 $416,703 $175,000 $241,703
2020 $3,845 $290,143 $0 $0
2019 $3,787 $283,620 $0 $0
2018 $3,754 $278,332 $0 $0
2017 $3,480 $272,607 $0 $0
2016 $3,475 $267,000 $0 $0
2015 $3,518 $265,144 $0 $0
2014 $3,518 $263,040 $0 $0
2013 $3,508 $259,153 $125,750 $133,403
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2026 07/15/26 For Sale $849,900 -- $383 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: A4700079

Stellar MLS
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