5 days on Rocket
$10,000 Closing Credit¹
#TB8392059, Frank Rotger, Listing office: BHHS FLORIDA PROPERTIES GROUP
$989,000 List price
5111 Bay State Rd Palmetto, FL 34221
$10,000
Closing credit¹
4 beds
3 full, 1 partial
2,958 sqft
0.3 acres
$334 / sqft
House
Property details
About 5111 Bay State Rd
*** PROFESSIONAL PHOTOS COMING SOON *** Welcome to this exceptional Bay Colony home, offering breathtaking Terra Ceia Bayfront views and an incredible waterfront lifestyle. Boasting over 2,900 sq ft of living space and 105 ft of seawall with deep water access and no bridges to the Gulf, this fenced property is a true boater's paradise. Picture yourself watching dolphins play from the expansive 60x18 second-story lanai and enjoying spectacular sunsets every evening. The home is well-appointed with impact windows and beautiful impact sliders that frame the gorgeous bay views on the second level. Upstairs, the main living area features easy-care tile flooring, a spacious living room with a slider capturing the views of the bay, a wood-burning fireplace with rebuilt chimney, and a convenient half bath for guests. The beautifully remodeled kitchen includes stunning soft-close cabinets, cafe appliances, a large island, and granite countertops, providing ample storage. The formal dining room offers bayfront views and plenty of space for a sizable table. The master bedroom also features a slider with bay views and a beautiful ensuite bathroom with a dual vanity, shower, and a custom walk-in closet. An ample-sized 2nd bedroom, a 2nd bathroom, and the laundry room are also located upstairs. The downstairs area offers a versatile living space, including an additional bedroom, an office/den (easily convertible to a 4th bedroom), a living area, a 2nd kitchen, a 3rd bathroom, a 2nd laundry room, maintenance-free flooring, and a private entrance—all within air-conditioned space. This unique setup presents opportunities for expansion to accommodate a larger family or the potential to use the main level as a separate income-generating area. The owner is in the final stage of 2nd story lanai reno to be screened in with composite roof including lights and fans, completion by end of June 2025. Metal roof 2025 with plywood and trusses, new hardie board siding 2025, new ceiling 2nd story, newer AC, new ductwork and insulation, 2nd story main kitchen reno 4-5 years, café’ appliances approx. 2 yrs. Main level new appliances, furniture downstairs conveys.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,958 sqft
Lot size0.25 Acres
Year built1983
ParkingDriveway
MLS #A4655106
Attached garage2 spaces
WaterfrontBay
FireplaceWood Burning
ViewWater
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer
- Flooring Type: Concrete, Tile
- Interior: Open Floorplan, PrimaryBedroom Upstairs, Stone Counters, Walk-In Closet(s)
- Fireplace: Wood Burning
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Driveway
- Waterfront: Bay
- View: Water
- Exterior: Outdoor Shower, Sliding Doors
- Architectural Style: Key West
- Heating: Central
- Cooling: Central Air
- List Price: $989,000
- Price/SqFt: $334
- HOA Amount: $0
- Annual Tax Amount: $4,166
- Tax Year: 2023
- Lot: Flood Zone, Landscaped, Dead End Street, Paved
- Directions: US-41 BUS N/8th Ave W, Merge onto US-19 N/US-41 N, Turn left onto 50th St W, Slight left onto Palmetto Point Dr, Turn right onto Baystate Rd. Home will be on the left.
- Year Built: 1983
- Living Area: 2,958 SqFt
- Lot Size: 0.25 Acres
- MLS Number: A4655106
- MLS Name: MFRMLS
- Office Name: TIM LESTER INTERNAT'L REALTY
- Office Phone: (941) 981-5388
- Listing Agent: Tim Lester
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 6/11/2025, 7:34:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$989,000
5111 Bay State Rd
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 28, 2015 | Home Sold | $475,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $325,538 | $4,166 |
| 2022 | $316,056 | $4,057 |
| 2021 | $306,850 | $4,057 |
| 2020 | $302,613 | $3,965 |
| 2018 | $290,293 | $3,645 |
| 2017 | $284,322 | $3,645 |
History based on county public records data.
Nearby schools
7
James Tillman Elementary School
Public Magnet PK-5
1.9 mi
•1415 29th St E
4
Palmetto Elementary School
Public District PK-5
2.8 mi
•1540 10th St W
3
Blackburn Elementary School
Public District PK-5
3.5 mi
•3904 17th St E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,071. Residents of Palmetto, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
39%
35k-100k
23%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
8%
Single, with Kids
36%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
49%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Horse Races
Hiking/backpacking
Where do the neighbors shop?
Chico's
Stein Mart
Nordstrom Rack
Where do the neighbors go to eat?
Cracker Barrel
LongHorn Steakhouse
Chipotle
What do the neighbors drive?
Buick
Mazda
Hyundai
What do the neighbors listen to?
Soft Adult Contemporary
Contemporary Inspirational
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5111 Bay State Rd
The listing price of 5111 Bay State Rd property is $989,000.
The property 5111 Bay State Rd is a house located in Palmetto, Florida, 34221.
Active Listing: 5111 Bay State Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5111 Bay State Rd are: James Tillman Elementary School (GreatSchools Rating 7/10), Palmetto Elementary School (GreatSchools Rating 4/10), Blackburn Elementary School (GreatSchools Rating 3/10), Palm View K-8 School (GreatSchools Rating 4/10), Palmetto Charter School (GreatSchools Rating 9/10), Just for Girls Middle School (GreatSchools Rating 2/10), Palmetto High School (GreatSchools Rating 3/10), Manatee Virtual Franchise (Etech School of Manatee) (GreatSchools Rating 3/10), Manatee School for the Arts (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $4,166 (source: MLS/based on county public records data).
The last sale was on August 28, 2015 for $475,000 (source: MLS/tax record).
The property at 5111 Bay State Rd has 4 bedrooms and 3 full and 1 half bathrooms.
The property 5111 Bay State Rd is 2,958 SqFt (source: MLS/tax record).
The year of construction for 5111 Bay State Rd is 1983.
This home is located at 5111 Bay State Rd in Palmetto, FL and zip code 34221. This 2,958 square foot home, which was built in 1983, sits on a 0.25 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $989,000.
While more than 8 listings in Palmetto, FL in May 2025 were sold above asking price, there were more than 22 listings sold at asking price, and more than 56 were sold below. The number of homes for sale in Palmetto, FL decreased by 7.1% between April and May 2025. In May 2025 median list price was $378,524 and the average listing age was 70 days.
From Rocket Homes Real Estate and based on county public records data.