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$950,000

5008 BAY STATE ROAD, PALMETTO, FL 34221

3D Tour
Active18 days on market

Beds

3

Baths

3

Sq Ft

2,941 sq ft

Year Built

1981

Lot Size

0.25 acres

Garage

2

About This Property

Waterfront living takes center stage at this distinctive Palmetto residence, where approximately 81 feet of saltwater canal frontage and unobstructed access to the Intracoastal create an exceptional setting for those who want to experience Florida from the water. From quiet mornings overlooking the canal to afternoons spent boating toward Anna Maria Island, this is a home designed around the coastal lifestyle. Offering approximately 2,941 square feet, the three-bedroom, three-bath residence pairs generous living spaces with beautiful water views. Hardwood flooring lends warmth to the formal living and dining areas, while the spacious kitchen features Bosch stainless steel appliances, abundant storage, a walk-in pantry and a breakfast area overlooking the water. The primary suite enjoys its own waterfront perspective, complemented by a private screened lanai, walk-in closet and dual-vanity bath. A flexible bonus room provides an ideal setting for an office or study, while the lower-level great room opens to another screened lanai and includes a convenient pool bath and substantial storage. Outdoors, the property becomes a private waterfront retreat. A heated gunite pool is surrounded by space to relax and entertain, while the composite dock features a covered cleaning station with power and water, a 5,000-pound boat lift and additional davits. The concrete seawall and deep-water sailboat canal provide a compelling setup for boating enthusiasts, with no fixed obstructions between the property and the Intracoastal. An oversized two-car garage, metal roof and mature landscaping complete the property. Set within Palmetto Skyway, the location offers convenient access to the waters of Tampa Bay, the Intracoastal and the Gulf beyond—bringing boating, fishing and the relaxed character of Florida’s Gulf Coast directly into everyday life.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4706277
StatusActive
Year Built1981
Stories3
Total Rooms8
ConstructionWood Frame
RoofMetal
FoundationBasement, Slab
FacesWest
SubdivisionPALMETTO SKYWAY SUB SEC 2
CountyManatee
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Central Vacuum, Thermostat, Walk-In Closet(s)
FlooringCarpet, Laminate, Tile, Hardwood
AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
LaundryInside
WindowsRods, Shutters
CoolingCentral Air
HeatingCentral, Electric
SecuritySecurity System, Smoke Detector(s)

Exterior & Lot

ExteriorIrrigation System, Lighting, Rain Gutters, Sliding Doors, Storage
FencingFenced
Lot Size0.25 acres (10,692 sq ft)
Lot FeaturesFlood Insurance Required, Level
Road SurfaceAsphalt
ViewPool, Water

Pool & Spa

Private PoolYes
Pool FeaturesGunite, Heated, In Ground, Lighting, Pool Sweep

Waterfront

WaterfrontYes
FeaturesWaterfront, Canal - Saltwater

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageYes (2 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$950,000
Annual Taxes$8,162 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRSF4.5/C
Parcel #2209300009

Schools

ElementaryPalm View Elementary
MiddleBuffalo Creek Middle
HighPalmetto High

Directions

From I-75, take Exit 224 for US-301 and head west toward Palmetto, continue toward US-41/US-19, turn right onto US-19 N, turn left onto 50th Street W/Elena Road, turn left onto Palmetto Point Drive, then turn right onto Bay State Road; 5008 Bay State Road will be on the right.

Location

5008 BAY STATE ROAD, PALMETTO, FL 34221

Listing Information

OfficeDOUGLAS ELLIMAN
ListedSeptember 18, 2026

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Home Price

$950,000

20% ($190,000)
6.75%

Loan Term

Principal & Interest$4,929
Property Tax (est.)$871
Insurance (est.)$150
Total Monthly$5,950
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is 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. Data last updated: September 23, 2026.

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