5007 Bay State Rd., Palmetto, FL 34221

PRICED $31,000 BELOW APPRAISED VALUE, this seller is motivated! Welcome to The Bay Colony/ Palmetto Skyway neighborhood! A hidden jewel of a sailboat water, big boat community with NO FEES, NO HOA, NO DEED RESTRICTIONS! Situated on an over-sized lot with 135 ft. of seawall on a wide saltwater canal that opens onto Terra Ceia Bay with NO BRIDGES to Tampa Bay or the Gulf of Mexico, this house checks all the boxes for a sailing or fishing enthusiast. All the MAJOR repairs have been completed and warranties for all convey to the new owner: Brand new roof and gutters (big $ savings on Insurance), Brand new AC system, New interior painting, new Vinyl flooring, new fans, light fixtures and smoke alarms; Brand new shower doors in owners bath, Brand new stainless steel kitchen appliances and disposal, Brand new hurricane rated 10ft x 16ft commercial garage door including rails and door opener, Brand new wood dock, new overhead LED dock light, two Brand new ¾ hp motors for boat lift and ALL vertical seams in seawall have been patched with hydraulic cement and backfilled with shell! There is a storage shed for all your additional watercraft and water toys. This lot is huge and has ample ROOM FOR A POOL. The big surprise here? There is a large walkout basement that has built in shelving, lots of power outlets and a workbench for projects and storage. The sides and front of house are fenced. While most all of the BIG Items have been completed; The home is very livable while you dream of your personal waterfront hideaway. Bay Colony/ Palmetto Skyway is just off U.S. 19, a few miles from the Skyway Bridge, making travel to Tampa, Clearwater or SRQ-Bradenton airports, St Pete Beach or Anna Maria Island beaches a breeze. For a sense of the community, do look at www.MyBayColony.org