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$815,000

5404 Bay State Rd

Palmetto, FL
Active
3
Bedrooms
3
Bathrooms
3,080
Square Feet
0.28
Lot Size (acres)
1982
Year Built
81
Days On Market

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!

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Listing Information

Listing Updated
4 days ago
Listed By
Tim Lester, 9419815388 · TIM LESTER INTERNAT'L REALTY, 9419815388
MLS#
A4700079
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
5404 Bay State Rd, Palmetto, FL 34221
City
Palmetto
County
Manatee
Neighborhood
PALMETTO SKYWAY SEC 2
Zip Code
34221

Architecture

Bedrooms
3
Bathrooms
3
Year Built
1982
Construction Materials
Frame, Stucco, Block
Building Area
3,080 sq. ft.
Foundation
Slab
Roof
Shingle
Levels
Two
Garage
Yes
Garage Spaces
2
Parking Features
Driveway, Attached, Garage Door Opener, Boat

Features & Amenities

Interior Features
Walk-In Closet(s), Open Floorplan, Stone Counters
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer, Range, Disposal
Flooring
Vinyl
Exterior Features
Lighting, Dock
Patio and Porch
Deck, Rear Porch
Cooling
Central Air
Heating
Central

Property Features

Lot Size
0.28 Acres
Lot Features
Waterfront, Cul-De-Sac, Landscaped, Paved
View
Water, Canal
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Natural Gas Available, Natural Gas Connected, Electricity Connected

Square Footage

Total
2,220 sq. ft.

Tax & Financial Information

List Price
$815,000
Annual Taxes
$6,197

Schools

53/100
Palmetto High School
High · Grades 08–12 · 2.3 mi
Assigned school for this home
City
Palmetto
Students
2,185
Student body
40% Hispanic / Latino · 36% White · 18% Black
Free/reduced lunch
60%
Phone
(941) 723-4848
100/100
Blackburn Elementary School
Elementary · Grades PK–05 · 3.4 mi
City
Palmetto
Students
449
Student body
46% Hispanic / Latino · 26% White · 24% Black
Free/reduced lunch
66%
Phone
(941) 723-4800
100/100
Virgil Mills Elementary School
Elementary · Grades PK–05 · 4.8 mi
City
Palmetto
Students
1,183
Parent reviews
5.0★ avg · 2 reviews
Student body
65% White · 20% Hispanic / Latino · 9% Black
Free/reduced lunch
45%
Phone
(941) 721-2140
99/100
Manatee Elementary School
Elementary · Grades PK–05 · 4.9 mi
City
Bradenton
Students
521
Student body
46% Hispanic / Latino · 44% Black · 7% White
Free/reduced lunch
74%
Phone
(941) 741-3319
79/100
Lincoln Middle School
Grades M–M · 2.5 mi
City
Palmetto
Students
477
Student–teacher
15.3
Parent reviews
4.0★ avg · 2 reviews
Student body
41% Hispanic / Latino · 38% Black · 17% White
Free/reduced lunch
81%
Phone
(941) 721-6840
64/100
Manatee School For The Arts
High · Grades 06–12 · 3.3 mi
City
Palmetto
Students
2,066
Parent reviews
3.5★ avg · 4 reviews
Student body
51% White · 33% Hispanic / Latino · 11% Black
Free/reduced lunch
54%
Phone
(941) 721-6800
60/100
James Tillman Elementary Magnet School
Elementary · Grades PK–05 · 1.9 mi
City
Palmetto
Students
562
Parent reviews
3.0★ avg · 2 reviews
Student body
46% Hispanic / Latino · 29% Black · 19% White
Free/reduced lunch
72%
Phone
(941) 723-4833
60/100
Hola! Elementary @ Msa
Elementary · Grades PK–05 · 3.3 mi
City
Palmetto
Parent reviews
3.7★ avg · 3 reviews
Phone
(941) 708-8770

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/28/2026Price change$815,000
07/15/2026Listed for sale$849,900

Listed by Tim Lester · TIM LESTER INTERNAT'L REALTY · 9419815388

Listing information provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: September 29, 2026 at 10:51 AM | Source: Stellar MLS | MLS#: A4700079

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