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120 Oak Lane
118 Oceans Circle
3110 Philippe Parkway, SAFETY HARBOR, FL 34695
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  4. 3110 Philippe Parkway, SAFETY HARBOR, FL 34695
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3110 Philippe Parkway
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  • MLS#: TB8426270 ( Commercial Sale )
  • Street Address: 3110 Philippe Parkway
  • Viewed: 3
  • 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
  • mfrmls
  • DMCA Notice
  • Description
    Welcome 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.
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Property Location and Similar Properties
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Features
Appliances
  1. Microwave
  2. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Flooring
  1. Carpet
  2. Laminate
  3. Tile
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. 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
  1. 3106.00
Area Major
  1. 34695 - Safety Harbor
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. Other
  2. Storage
Parcel Number
  1. 27-28-16-00000-210-0900
Parking Features
  1. Parking Spaces - 13 to 18
Property Type
  1. Commercial Sale
Road Frontage Type
  1. City Street
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 28
Water Source
  1. Public
Year Built
  1. 1950
Zoning Code
  1. C-2
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