3110 Philippe Parkway, SAFETY HARBOR, FL 34695
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- MLS#: TB8426270 ( Commercial Sale )
- Street Address: 3110 Philippe Parkway
- Viewed: 4
- Price: $2,090,000
- Price sqft: $579
- Waterfront: No
- Year Built: 1950
- Bldg sqft: 3610
- Days On Market: 2
- Additional Information
- Geolocation: 28.0237 / -82.6895
- County: PINELLAS
- City: SAFETY HARBOR
- Zipcode: 34695
- Provided by: EXP REALTY LLC
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DescriptionWelcome to the Marbay Motel, a well established property with unique character and tremendous potential in Safety Harbor. This 8 unit motel plus office with attached bedroom and 9 bathrooms sits on a spacious 1.54 acre lot in a prime location. Currently generating an average of $20K in monthly revenue, this property is both a proven income producer and a rare redevelopment opportunity. The 8 remodeled units each feature kitchenettes, with SMART systems including locks and TVs for modern convenience. The office with an attached bedroom adds flexibility for on site management. Recent upgrades include 4 new A/C units (2024 & 2025), a repaved parking lot, and other ongoing improvements. Guests enjoy on site amenities such as mini golf, on site laundry, a covered pergola with BBQ. The property has even made appearances in two films and a recent Publix commercial, adding to its local charm and recognition. With its prime Safety Harbor location, this property is ideal for hosting events or exploring future development. A request to negotiate with the city has already been approved to rezone for residential buildings, opening the door for 1012 potential residential structures a fantastic opportunity for the right developer to bring the vision to life. Just 5 minutes from downtown Safety Harbors restaurants, breweries, and shops, and close to Philippe Park with water sports rentals and a boat ramp, this property is also only 6 minutes to Chi Chi Rodriguez Golf Course and less than 30 minutes to Tampa, TIA, Raymond James Stadium, and the Gulf beaches. Whether youre looking for a profitable short term rental/motel business or a prime redevelopment project, the Marbay Motel offers endless possibilities.
Property Location and Similar Properties
Features
Appliances
- Microwave
- Refrigerator
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Wall/Window Unit(s)
Country
- US
Covered Spaces
- 0.00
Flooring
- Carpet
- Laminate
- Tile
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Legal Description
- PART OF GOVT LOT 1 IN NE 1/4 OF SEC 27-28-16 DESC FROM SE COR OF SD GOVT LOT SD COR ALSO BEING SE COR OF NE 1/4 OF NW 1/4 TH "N89D40'11""W 315 ALG S" BNDRY OF SD GOVT LOT 1 FOR "POB TH CONT N89D40'11""W" 154.06FT TO C/L OF HWY NO "590 TH N30D16'21""W " "348.53FT TH S89D40'11""E" 391.31FT PARALLEL TO S BNDRY OF SD GOVT LOT 1 TH "S00D17'40""W 142.5FT" PARALLEL TO E BNDRY OF SD "GOVT LOT 1 TH N89D40'11""W" "60FT TH S00D17'40""W" 157.5FT TO POB LESS W'LY 33FT FOR RD R/W & LESS E 20FT OF N 142.5FT CON T 1.54 AC(C)
Living Area
- 3106.00
Area Major
- 34695 - Safety Harbor
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Other
- Storage
Parcel Number
- 27-28-16-00000-210-0900
Parking Features
- Parking Spaces - 13 to 18
Property Type
- Commercial Sale
Road Frontage Type
- City Street
Sewer
- Public Sewer
Tax Year
- 2024
Township
- 28
Water Source
- Public
Year Built
- 1950
Zoning Code
- C-2