
5008 BAY STATE ROAD, PALMETTO, FL, 34221
Active2 days on marketListed Sep 18, 2026MLS #A4706277
About this home
5008 BAY STATE ROAD
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.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
2,941
Sqft
0.25 ac
Lot size
2
Garage
1981
Year built
Three Or More
Levels
$323
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$6,323 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,323/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−18.1%
$/sqft vs Palmetto actives
$323 vs $204
Days on market
2 vs 61 typical
Where $323/sqft sits among the 400 Palmetto actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Palmetto
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Palmetto. See the full Palmetto guide →
PALMETTO 34221 — neighborhood snapshot
Population
54,923
Median age
46.6
Median income
$74,314
Median home value
$298,200
Avg household
2.63
Households w/ children
4,466
For the school run
Manatee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palmetto market
$359K → $376K
Palmetto median sold, yr/yr
97.2%
Sale-to-list ratio (12 mo)
238 of 400
Palmetto actives have cut their price
Median sold price, Palmetto, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 158% above the PALMETTO 34221 median. See the full Palmetto market guide →
Paper trail
This home's history
Reality check
What actually sold near 5008 BAY STATE ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$375,000
1019 31ST STREET E
4 bd · 2 ba · 2,592 sqft · $145/sqft · 9 DOM
Sold · Nov ’25$945,000
2825 TERRA CEIA BAY BOULEVARD UNIT 1902
3 bd · 2.5 ba · 2,553 sqft · $370/sqft · 39 DOM
Sold · Oct ’25$520,000
2825 TERRA CEIA BAY BOULEVARD UNIT 1504
3 bd · 2 ba · 2,306 sqft · $225/sqft · 25 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kemarie Johnson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5008 BAY STATE ROAD — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5008 BAY STATE ROAD — before you fall in love.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5008 BAY STATE ROAD FAQs
What would the monthly payment be for 5008 BAY STATE ROAD?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,323/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5008 BAY STATE ROAD?+
The most recent tax bill on record (2025) was $8,162. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5008 BAY STATE ROAD?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Palmetto?+
At $950,000, this home is listed about 141% above the Palmetto median of $395,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5008 BAY STATE ROAD?+
Lincoln Memorial Middle School (middle), Palmetto High School (high), James Tillman Elementary Magnet School (elementary) — Manatee County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$950,000 runs 158% above the PALMETTO 34221 median — but at 2,941 sqft it's also 52% larger than the typical Palmetto listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Only 2 days on market in a Palmetto market that averages 61 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of DOUGLAS ELLIMAN · Katie Cobb. MLS #A4706277.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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