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  • $886,400

    5007 Bay State Rd, Palmetto, FL 34221

    4beds
    2,211sqft
    Single Family Residence
    Built in 1994
    0.29 Acres Lot
    $886,400 Zestimate®
    $401/sqft
    $3,502 Estimated rent

    Home value

    $886,400

    $824,000 - $957,000

    $3,502/mo

    Zestimate® history
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    What's special

    This incredible Bay Colony 4 bedroom 2 bath home is situated on a large lot with 95' of seawall and only 3 homes to Terra Ceia Bay. The home has a new dock with lift for your boat, and deep water no bridge access to the gulf is only a 15 minute ride. Relax on the screened in back porch while looking out over the bay. The oversized garage is extra roomy allowing for 2 cars to comfortably park inside. The master bedroom is large and has views of the water and the master bath is oversized having both a shower and a jetted tub. This split bedroom home has 3 bedrooms secluded from the master. They share a large bathroom with tub and access door leading to the back yard. The home boasts a family room open concept with the kitchen and additionally has a separate living room and dining room. My home has been completely updated including new roof, freshly painted interior and exterior, new hurricane garage door, new A/C, new appliances, new flooring throughout, and all new window treatment. Due to all the recent updates, this home is extremely efficient with the average monthly power bill under $180. The location is convenient and allows quick access to St. Petersburg, Bradenton, and Sarasota. The home is move in ready and is being sold due to a relocation. This home has a recent 4 point inspection and insurance is very low. Huge fenced yard has plenty of room to add a pool. This home has an additional oversized basement to store boating and fishing gear or work on your hobbies. Start living the waterfront life style today with daily boating, fishing, or just relax and watch the sunset over Terra Ceia Bay. More pictures available upon request. Looking for serious offers. Will work with Realtors. Reduced to $749,000 for quick sale!!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Split Bedroom, Walk-In Closet(s), Solid Wood Cabinets, Thermostat, Kitchen/Family Room Combo, Cathedral Ceiling(s), Skylight(s)
    • Flooring: Laminate, Linoleum / Vinyl
    • Basement: Unfinished
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 2,211 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Levels: One
    • Patio & porch: Screened, Covered, Front Porch, Rear Porch
    • Exterior features: Shingle, Stucco, Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Canal - Saltwater
    • Body of water: EXETER HARBOR / TERRA CEIA BAY
    Lot
    • Size: 0.29 Acres
    • Dimensions: 95X135
    • Features: In County, Oversized Lot, Street Paved, Street Dead-End, Flood Insurance Required
    • Residential vegetation: Fruit Trees
    Details
    • Additional structures: Shed(s)
    • Parcel number: 2212900001
    • Zoning: RSF4.5/C
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Materials
    • masonry
    • Roof: Asphalt
    Condition
    • Completed
    • Year built: 1994

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Phone Available, Sewer Connected, BB/HS Internet Available, Public, Cable Connected, Water Connected
    Green energy
    • Indoor air quality: No/Low VOC Paint/Finish

    Community & HOA

    Community
    • Subdivision: PALMETTO SKYWAY SUB SEC 2
    Location
    • Region: Palmetto

    Financial & listing details

    • Price per square foot: $401/sqft
    • Tax assessed value: $794,190
    • Annual tax amount: $11,232
    • Listing terms: Cash, Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/21/2021Sold$710,000-5.2%$321/sqft
    Source: Public Record Report a problem
    7/7/2021Pending sale$749,000$339/sqft
    Source: Stellar MLS #A4502338 Report a problem
    6/20/2021Listed for sale$749,000$339/sqft
    Source: Stellar MLS #A4502338 Report a problem
    6/15/2021Pending sale$749,000$339/sqft
    Source: Stellar MLS #A4502338 Report a problem
    5/31/2021Listed for sale$749,000+19.8%$339/sqft
    Source: Stellar MLS #A4502338 Report a problem
    2/8/2021Sold$625,000$283/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,232 +2.9%$794,190 -0.1%
    2024$10,915 +7.1%$795,353 +10%
    2023$10,188 +9.5%$723,048 +10%
    2022$9,306 +29%$657,316 +34.6%
    2021$7,214 +6.9%$488,227 +7.9%
    2020$6,747 +7.8%$452,598 +9.2%
    2019$6,258 $414,423 -4.3%
    2018$6,258 -5.4%$433,083 +2.5%
    2017$6,615 +29.9%$422,536 +6.7%
    2016$5,093 $396,121 +9.9%
    2015$5,093 $360,398 +9%
    2014$5,093 -1.3%$330,751 +0%
    2013$5,162 +516055%$330,702 +1.8%
    2012$1 $324,709 -2.6%
    2011$1 $333,509 -6.1%
    2010-- $355,310 -20.5%
    2009$6,954 -10.8%$447,176 -14.1%
    2008$7,798 -18.6%$520,364 -16.7%
    2007$9,583 -11.7%$624,649 -4.6%
    2006$10,858 +27.6%$654,725 +31.7%
    2005$8,513 +155.6%$497,143 +128.9%
    2004$3,330 +0.4%$217,153 +1.9%
    2003$3,318 +2.2%$213,104 +2.4%
    2002$3,245 +3%$208,109 +1.6%
    2001$3,150 +1.4%$204,832 +3%
    2000$3,108 $198,866
    Find assessor info on the county website

    Neighborhood: 34221

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Palm View Elementary
    • Middle: Buffalo Creek Middle
    • High: Palmetto High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $886,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $886,400