For sale Home

Listed Jul 15, 2026

$799,000 Est. $5,285/mo

5404 Bay State Road

  • 3

    Beds

  • 3

    Baths

  • 2,220

    Sq ft

The story

  • Waterfront

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!

Facts & features

Home type

Home

Year built

1982

Floors

2

Price per sq ft

$360

Parking

2-car garage

Included features

  • Fireplace

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

  • Flooring

    Vinyl

  • Roof

    Shingle

  • Lot Information

    Cul-De-Sac, Flood Zone, In County, Landscaped, Paved, Unincorporated

  • Exterior

    Lighting

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$5,285 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,253
  • Property tax $799
  • Insurance $233

Includes principal, interest, taxes & insurance.

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Listing Broker

TIM LESTER INTERNAT'L REALTY

Broker Name

TIM LESTER INTERNAT'L REALTY

Agent

Tim Lester