Back 5111 Bay State Road
Off Market

5111 Bay State Road

Memphis FL 34221

4
4
2
5058 sq. ft.
10934 sq. ft.
Single-Family
Last sold for $989,000
Tim LesterTim Lester, last sold this property on 30 July 2025 after 53 days on market.

Overview

*** Accepting Backup Offers *** 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.

Features

4 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
5058 sq. ft. floor area
10934 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Memphis over the last 12 months, the estimated median property value of 5111 Bay State Road is $395k.

Median value
$395k
Estimated value range
$200k - $2.2m
Median days on market
59
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5111 Bay State Road

2025
Sold
$989,000
30 Jul 2025 by Tim Lester, of TIM LESTER INTERNAT'L REALTY

Happy sellers in Memphis

82%
82% of sellers in Memphis reported that their sale price either exceeded or met their price expectations.

Memphis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Memphis over the last 12 months.

Local market activity for 4 bedroom single-family properties in Memphis

In the last 12 months, 333 four-bedroom single-family properties similar to 5111 Bay State Road, have been sold.

This represents a 34% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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