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5207 BAY STATE ROAD

House For Sale
$1,999,999

BTC: 31.74601587

ETH: 1,145.47479954

17 days
Waterfront
3 bds
3 ba
3,645 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1983
Lot:
0.31 Acres
Heating:
Central / Electric
Price/sqft:
$549
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,597,499
$711K – $2.9M
Confidence Low
List vs. estimate
$402K above estimate
List $1,999,999 · +25.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$548
+140.3% vs. city median $228
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,203
2025
Pool
Auto Cleaner
View
Water
Waterfront
Intracoastal Waterway
Garage
2 car garage
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    • Solid Surface Counters

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Outdoor Kitchen / Private Mailbox / Rain Gutters / Sliding Doors

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 2211900002

    • Zoning: RSF4.5

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Sprinkler Meter

    Green energy

    • Appliances

    • Water Heater

  • Other financial information

    • Annual tax amount: $8,203

  • Source details

    • MLS ID: TB8505742

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Block

    • Laundry Features: Inside

    • Lot Features: FloodZone

    • Pool Features: Auto Cleaner / Heated / Indoor / Screen Enclosure / Solar Heat

    • Window Features: Thermal Windows / Window Treatments

    • Direction Faces: East

    • Architectural Style: Contemporary

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3645

    • Water Source: Public / Well

    • Lot Size Dimensions: 100 x 135

    • Subdivision Name: PALMETTO SKYWAY

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: THE AGENCY FL