Skip main navigation
Open: Sat 11am-1pm
For sale
$1,875,000
3beds
3,645sqft

5207 BAY STATE ROAD, PALMETTO, FL 34221

3beds
3,645sqft
Single Family Residence
Built in 1983
0.31 Acres Lot
$514/sqft

What's special

Direct gulf accessBeautifully updated bathroomsNew tile flooring throughoutPrivate waterfront oasis

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.

12 days
630
33

Likely to sell faster than

Source: Stellar MLS,MLS#: TB8554605MLS LogoOriginating MLS: Orlando Regional
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Jennifer Spinelli 727-459-9650,

THE AGENCY FL 407-335-4119

Source: Stellar MLS,MLS#: TB8554605MLS LogoOriginating MLS: Orlando Regional

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
Rooms
  • Room types: Family Room, Dining Room
Primary bedroom
  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 315 Square Feet
  • Dimensions: 21x15
Bedroom 2
  • Features: Built-in Closet
  • Level: First
  • Area: 182 Square Feet
  • Dimensions: 14x13
Dining room
  • Level: First
  • Area: 154 Square Feet
  • Dimensions: 14x11
Kitchen
  • Features: Pantry
  • Level: First
  • Area: 260 Square Feet
  • Dimensions: 20x13
Living room
  • Level: First
  • Area: 812 Square Feet
  • Dimensions: 29x28
Heating
  • Central, Electric
Cooling
  • Central Air
Appliances
  • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Laundry: Inside
Features
  • Ceiling Fan(s), Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
  • Flooring: Tile
  • Doors: Outdoor Kitchen, Sliding Doors
  • Windows: Window Treatments
  • Has fireplace: No
Interior area
  • Total structure area: 4,587
  • Total interior livable area: 3,645 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Garage - Attached
  • Attached garage spaces: 2
Features
  • Levels: One
  • Stories: 1
  • Exterior features: Outdoor Kitchen, Private Mailbox, Rain Gutters
  • Has private pool: Yes
  • Pool features: Auto Cleaner, Heated, Indoor, Screen Enclosure
  • Has spa: Yes
  • Spa features: Heated, In Ground
  • Has view: Yes
  • View description: Water, Intracoastal Waterway
  • Has water view: Yes
  • Water view: Water,Intracoastal Waterway
  • Waterfront features: Intracoastal Waterway, Intracoastal Waterway Access, Lift, Seawall
Lot
  • Size: 0.31 Acres
  • Dimensions: 100 x 135
  • Features: FloodZone
  • Residential vegetation: Fruit Trees
Details
  • Parcel number: 2211900002
  • Zoning: RSF4.5
  • Special conditions: None

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subtype: Single Family Residence
Materials
  • Block, Stucco
  • Foundation: Block
  • Roof: Shingle,Tile
Condition
  • New construction: No
  • Year built: 1983

Utilities & green energy

  • Electric: Photovoltaics Seller Owned
  • Sewer: Public Sewer
  • Water: Public, Well
  • Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Sprinkler Meter
Green energy
  • Energy efficient items: Appliances, Water Heater
  • Energy generation: Solar

Community & HOA

Community
  • Security: Smoke Detector(s)
  • Pet fee: $0 monthly
  • Subdivision: PALMETTO SKYWAY
HOA
  • Has HOA: No
Location
  • Region: Palmetto

Financial & listing details

  • Price per square foot: $514/sqft
  • Tax assessed value: $1,063,460
  • Annual tax amount: $8,203
  • Date on market: 10/4/2026
  • Cumulative days on market: 11 days
  • Listing terms: Cash,Conventional
  • Ownership: Fee Simple
  • Total actual rent: 0
  • Electric utility on property: Yes
  • Road surface type: Paved

Price history

DateEventPrice
10/4/2026Listed for sale$1,875,000-6.2%$514/sqft
Source: Stellar MLS #TB8554605 Report a problem
8/1/2026Listing removed$1,999,999$549/sqft
Source: Stellar MLS #TB8505742 Report a problem
5/18/2026Listed for sale$1,999,999-9.1%$549/sqft
Source: Stellar MLS #TB8505742 Report a problem
4/30/2026Listing removed$2,200,000$604/sqft
Source: Stellar MLS #A4683717 Report a problem
2/26/2026Listed for sale$2,200,000+175%$604/sqft
Source: Stellar MLS #A4683717 Report a problem
11/6/2019Sold$800,000-11.1%$219/sqft
Source: Public Record Report a problem
10/3/2019Pending sale$899,900$247/sqft
Source: SOLDBOT INC. #T3174952 Report a problem
10/3/2019Listed for sale$899,900$247/sqft
Source: SOLDBOT INC. #T3174952 Report a problem
8/27/2019Listing removed$899,900$247/sqft
Source: SOLDBOT INC. #T3174952 Report a problem
5/29/2019Price change$899,900-3.8%$247/sqft
Source: SOLDBOT INC. #T3174952 Report a problem
3/16/2019Listed for sale$935,000$257/sqft
Source: Owner Report a problem
2/5/2019Listing removed$935,000$257/sqft
Source: SOLDBOT INC. #T3154391 Report a problem
1/7/2019Listed for sale$935,000+23.7%$257/sqft
Source: Owner Report a problem
8/13/2014Sold$756,000+0.1%$207/sqft
Source: Public Record Report a problem
6/21/2014Listed for sale$754,900$207/sqft
Source: PREMIER SOTHEBY'S INT'L REALTY #M5900188 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$8,203 +6.4%$618,834 +2.9%
2024$7,709 +0.9%$601,394 +3%
2023$7,639 +1.5%$583,878 +3%
2022$7,526 -0.5%$566,872 +3%
2021$7,561 +1.6%$550,361 +2.2%
2020$7,440 +9.2%$538,412 +9.9%
2019$6,811 $489,945 +1.9%
2018$6,811 +0.7%$480,810 +2.1%
2017$6,765 +26.8%$470,921 +2.1%
2016$5,334 $461,235 +0.7%
2015$5,334 $458,029 +19.1%
2014$5,334 +0.2%$384,568 +1.5%
2013$5,323 +532230%$378,885 +1.7%
2012$1 $372,552 +3%
2011$1 $361,701 +1.5%
2010-- $356,356 +2.7%
2009$4,852 -3%$346,987 +0.1%
2008$5,001 +4.6%$346,640 +3%
2007$4,780 -5%$336,544 +2.5%
2006$5,031 +1.1%$328,336 +4%
2005$4,976 +1.8%$315,579 +3%
2004$4,889 +0.3%$306,387 +1.9%
2003$4,876 +2.1%$300,674 +2.4%
2002$4,774 +3.2%$293,627 +1.6%
2001$4,624 +1.2%$289,003 +3%
2000$4,568 $280,585
Find assessor info on the county website

Monthly payment

Est. payment
$12,566/mo
Principal & interest
$10269
Property taxes
$2297
More affordability toolsChevron Right

Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 34221

Nearby schools

Palm View Elementary School
Grades PK-8 • 0.8 miles
5/10
GreatSchools® Rating
Test Score Rating
5/10
Student Progress Rating
5/10
Palmetto High School
Grades 8-12 • 2.2 miles
3/10
GreatSchools® Rating
Test Score Rating
4/10
College Readiness Rating
2/10
Student Progress Rating
1/10

Open house

  • Sat, Oct 17

    11:00 AM - 1:00 PM

    Add to calendar