Palmetto, FL
Bay Colony
A waterfront neighborhood on the bay at the edge of deep, wide canals leading to the Gulf of Mexico. A mix of home styles with many properties on canals offering direct boating access. An active Property Owners Association sponsors social and community events year-round. No HOA fees, deed-restricted.
Home Types
Single Family
Amenity Level
Low
HOA (Yearly) Est.
Not published
CDD (Yearly) Est.
None
Flood Zone
X
Fee estimates may vary by lot size and sub-association. View all community fees →
Community size
18
completed homes on the county roll
Manatee County property appraiser roll, read October 2026
19
recorded residential lots
Manatee County property appraiser roll, read October 2026
Amenities & lifestyle
- Deep-water canal access to the Gulf
- Bay-front & canal-front homesites
- Active Property Owners Association
- No HOA fees, deed-restricted
Michael’s Take
No CDD, confirmed against the certified roll. Recorded as Bimini Bay Colony Club, 18 homes dating to 1957, and 61% have a private pool.
How Bay Colony compares
From the county records
$1,200,000
Median of 4 recorded sales since October 2023, the middle eighty percent between $453,000 and $1,945,000.
22%
Of the 18 matched residential units here claim a homestead exemption, which reads as a minority of homes here are claimed as a permanent residence.
Newest completion recorded 1996. The roll records no completions here in the last three years. Most of what trades is resale, though an absence of recent completions is not by itself proof a community is closed to new building.
Arm’s-length sales recorded with Manatee County, read October 2026. Quitclaims, foreclosures, family transfers and pre-construction sales are excluded. Homestead requires the property to be a permanent residence, so the share carrying one is reported here as a share of matched residential units rather than as a count of who lives here. Homestead is a tax filing, not an occupancy count. A rented home can house full-time residents and will never carry the exemption, and an owner who lives here but never filed does not appear in it either. Read it as what share of matched residential units claim the exemption, not as who lives here.
Bay Colony also appears in
Governing Documents
HOA & community documents for Bay Colony
0 documents published by the association and linked to the page each one lives on. Nothing is copied here, so you read whatever they publish today.
Bay Colony Property Owners Association
AssociationMatched to Bay Colony because: Florida’s Division of Corporations register records this as an ACTIVE not-for-profit corporation, document number 700200, filed on 1 December 1959, with its principal address at 5016 Bay State Road, Palmetto, FL 34221. THE ADDRESS IS IN PALMETTO and Bay State Road is in the neighbourhood. A 1959 filing fits a waterfront neighbourhood on the bay of that vintage, and this site already notes that an active property owners association sponsors events here. A BAY COLONY OF STUART association and a Bay Colony Protective Association are different places.
Who to contact
- Contact role
- Not-for-profit corporation registered with the Florida Division of Corporations
No officer, director or registered agent is listed here. The register publishes them by name and several give a home address; none of that belongs in a public directory of community documents.
Board members and officers are not listed here. They change often, and their names are on the association’s own records and in the state’s corporate filings, which is where they should be read from rather than from a page that cannot keep up.
Bay Colony Property Owners Association
No public documents have been located for this association yet.
Nothing found is not the same as nothing in force. Every community in Florida with an association has governing documents; this says only that they have not been found in a public place.
The governing body is known and nothing it publishes is public. That is a gap in what has been published, not evidence that the community has no restrictions. This list records what has been found in public, not everything that governs the property. Before an offer I pull the full document set for the specific address along with the association’s budget and financials.
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Bay Colony FAQ
What kind of homes are in Bay Colony?+
Bay Colony offers single family. As single-family housing, the roof, the exterior and the insurance on the structure are yours rather than an association's, which is the main practical difference from a villa or condominium. What a specific home includes, and what the association maintains, is set out in that community's documents and is worth reading before an offer rather than after.
What amenities does Bay Colony have?+
Bay Colony offers Deep-water canal access to the Gulf, Bay-front & canal-front homesites, Active Property Owners Association, No HOA fees, deed-restricted. Worth separating two things that often get blurred together: amenities the HOA maintains and which every owner pays for, and club or golf facilities that may require a separate membership on top. Which category each amenity falls into determines your actual annual cost, and it is set out in the community documents rather than in any listing.
What have homes in Bay Colony actually sold for?+
4 arm's-length sales have been recorded in Bay Colony since October 2023, at a median of $1,200,000. The middle eighty percent of those sales fell between $453,000 and $1,945,000, which is a better guide to the range than the extremes. These are prices recorded with Manatee County, not asking prices, so they describe what buyers and sellers actually agreed. Figures read October 2026; quitclaims, foreclosures and family transfers are excluded.
Do people live in Bay Colony year round?+
22% of the 18 matched residential units in Bay Colony claim a homestead exemption, which Florida grants only on an owner's permanent residence, read from the Manatee County roll in October 2026. That reads as a minority of homes here are claimed as a permanent residence. Homestead is a tax filing, not an occupancy count. A rented home can house full-time residents and will never carry the exemption, and an owner who lives here but never filed does not appear in it either. Read it as what share of matched residential units claim the exemption, not as who lives here.
Is Bay Colony still being built?+
The most recent home the county records in Bay Colony was completed in 1996, across 19 platted parcels of which 18 carry a finished home. The county records no completions in Bay Colony in the last three years, so what trades is resale. An absence of recent completions is not by itself proof that no further building is permitted. Build year matters more in Florida than buyers expect, because insurers weight roof age heavily and it drives what a property costs to carry rather than just what it costs to buy.
Does Bay Colony have an HOA or CDD fee?+
Bay Colony has an HOA fee estimated at Not published yearly, and the fee data for this community records no CDD assessment. A community development district bills through your property taxes rather than through the association, and its assessment can carry two separate components: debt service, which repays the bonds that funded roads, drainage and amenities, and an operations and maintenance charge, which does not end with the bonds. A community without a district avoids both as currently assessed. Figures are estimates, assessments are set annually, and both vary by home and phase, so confirm them for the specific address before relying on them.
What flood zone is Bay Colony in?+
The flood zone recorded for Bay Colony is X. Zones beginning A or V are the higher-risk categories, where a federally backed mortgage generally requires flood insurance, while zone X is lower risk and coverage is usually optional. Flood zone is assigned per property rather than per community though, and elevation can change both the requirement and the premium substantially, so get the zone and the elevation certificate for the exact address rather than relying on a community-level figure.