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3 Beds
3 Baths
2,941 sqft

$950,000

5008 BAY STATE RD, PALMETTO FL, 34221

Price per sqft$323.02
Built in1981
Property size2,941 sqft
Property typeResidential
Courtesy of DOUGLAS ELLIMAN, Katie Cobb  Listing Contact: 941-867-6199

Overview

Active

Listed Sep 18, 2026

Updated 2 weeks ago

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.

$6,320/mo

Est. mortgage payment based on a $950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A4706277

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$8,162
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
View
Yes
Pets Allowed
Yes
Pool
Yes
Waterfront
Yes
55+/Senior Community
No

Listings courtesy of Stellar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lively Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 3:38 PM UTC on 10/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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