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Back on the market due to buyers job loss! Don't miss your chance to be the lucky buyer on this one! 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 of Mexico, this exceptional waterfront property offers 105 feet of seawall, providing ample room to accommodate larger vessels. With dockside electric and water hookups, boating enthusiasts will appreciate the convenience of having everything they need right in their own backyard. Combining modern comfort with outstanding boating amenities and endless outdoor living opportunities, this property delivers the ultimate Florida waterfront lifestyle.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: $799,000
Sq Ft: 2,220
($360 per
sqft)
Bedrooms: 3
Bathrooms: 3
City: Palmetto
County: Manatee
Type: Single Family
Development: Palmetto Skyway
Subdivision: Palmetto Skyway Sec 2
Acres: 0.2800
Virtual Tour/Floorplan:
View
Year Built: 1982
Listing Number: A4700079
Status Code: A-Active
Taxes: $6,197.00
Tax Year: 2025
Garage:
2
/
Y
Furnishings: Negotiable
Pets Allowed: Yes
Interior Features:
Ceiling Fans(s)
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Upstairs
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Walk-In Closet(s)
Window Treatments
Financial Information:
Taxes: $6,197.00
Tax Year: 2025
Exterior Features:
Lighting
Equipment:
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
View:
Water
Waterfront Description:
Canal - Saltwater
Bridges - No Fixed Bridges
Davits
Lift
Sailboat Water
Seawall - Concrete
Terra Ceia Bay
View: Canal
School Information:
Elementary School: Palm View Elementary
High School: Palmetto High
Additional Information:
MLS Area: 34221 - Palmetto/Rubonia
Total Square Footage: 3,080
Price per Square Feet: $359.91
Water: Public
Construction: Block, Stucco, Frame
Date Listed: 2026-07-15 00:00:00
Furnished: Negotiable
Windows: Blinds, Storm Window(S)
Parking: Boat, Driveway, Garage Door Opener
Garage Description: Y
Garage Spaces: 2
Attached Garage: Y
Flooring: Vinyl
Roof: Shingle
Heating: Central
Cooling: Central Air
Fireplace: Y
Laundry: Inside, Laundry Chute, Laundry Room
Pets: Yes
Sewer: Public Sewer
Lot Desc.: Cul-De-Sac, Flood Zone, In County, Landscaped, Paved, Unincorporated
Parcel ID: 2210800005
Map of 5404 Bay State Road, Palmetto, FL 34221
Listing Courtesy Of: Tim Lester Internat'l Realty
tim@timlesterrealty.com