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!
Property Details
Price:
$849,900
MLS #:
A4700079
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALMETTO SKYWAY SEC 2
Neighborhood:
34221palmettorubonia
Listed Date:
Jul 15, 2026
Finished Sq Ft:
2,220
Total Sq Ft:
3,080
Lot Size:
12,288 sqft / 0.28 acres (approx)
Year Built:
1982
See this Listing
Schools
Elementary School:
Palm View Elementary
High School:
Palmetto High
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Vinyl
Heating
Central
Interior Features
Ceiling Fan(s), Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Laundry Features
Inside, Laundry Chute, Laundry Room
Levels
Two
Exterior
Attached Garage YN
1
Community Features
Bay/Harbor Front, Canal Front, Community Boat Ramp, Fishing, Water Access, Waterfront, Dog Park, Golf Carts OK
Construction Materials
Block, Stucco, Wood Frame (FSC Certified)
Covered Spaces
2
Direction Faces
Northwest
Exterior Features
Irrigation System, Lighting, Sliding Doors
Fencing
Chain Link
Garage Spaces
2
Lot Features
Cul-De-Sac, FloodZone, In County, Landscaped, Unincorporated
Open Parking YN
1
Parking Features
Boat, Driveway, Garage Door Opener
Patio And Porch Features
Deck, Rear Porch
Roof
Shingle
View
Water
Waterfront Features
Bay/Harbor Front, Canal Front, Waterfront, Canal – Saltwater
Window Features
Blinds, Storm Window(s)
Financial
Tax Year
2025
Taxes
$6,197
Map
Community
- Address5404 BAY STATE ROAD PALMETTO FL
- SubdivisionPALMETTO SKYWAY SEC 2
- CityPALMETTO
- CountyManatee
- Zip Code34221
Market Summary
Current real estate data for Single Family in PALMETTO as of Aug 29, 2026
508
Single Family Listed
111
Avg DOM
241
Avg $ / SqFt
$508,897
Avg List Price
Property Summary
- Located in the PALMETTO SKYWAY SEC 2 subdivision, 5404 BAY STATE ROAD PALMETTO FL is a Single Family for sale in PALMETTO, FL, 34221. It is listed for $849,900 and features 3 beds, 3 baths, and has approximately 2,220 square feet of living space, and was originally constructed in 1982. The current price per square foot is $383. The average price per square foot for Single Family listings in PALMETTO is $241. The average listing price for Single Family in PALMETTO is $508,897. To schedule a showing of MLS#a4700079 at 5404 BAY STATE ROAD in PALMETTO, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of TIM LESTER INTERNAT’L REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 5404 BAY STATE ROAD
PALMETTO, FL
