1055 PHILIPPE PARKWAY
Safety Harbor, FL, 34695 $ 1,475,000
Bedrooms-- Baths-- Sq 3,825 Monthly Estimate*
$ 9,082
for $1,475,000. This 3,825 square foot building was built in 1947 on a lot size of 0.95.
PRICE IMPROVEMENT! RARE AND UNIQUE OPPORTUNITY! Located in the heart of desirable Safety Harbor, this unique property is just moments from the charming downtown district filled with award-winning restaurants, boutique shopping, local pubs, parks, the public library, wellness spas, motels, and the renowned Safety Harbor Resort and Spa. Situated on nearly 1 acre and zoned R-3, this versatile property presents an exceptional opportunity for investors, developers, business owners, or those seeking a multi-use compound. Previously operated as an Assisted Living Facility and approved for 19 beds, the 3,825 sq ft main building is thoughtfully designed and well-equipped. Inside you’ll find 12 bedrooms (5 downstairs, 7 upstairs), 5 bathrooms with both private and hallway access, a spacious living room, formal dining area, full kitchen, laundry room, and a bright enclosed porch filled with natural light. Property highlights include: • Elevator • Whole-house fire sprinkler system • Two HVAC units & two water heaters • Vulcan natural gas stove • Washer, dryer, and commercial food storage refrigerators included • Generator • Walk-in food storage shed plus additional large utility shed • Detached secondary structure ideal for an office, gym, guest suite, studio, or she shed • Ample parking with room for boats, RVs, kayaks, and recreational vehicles • NO HOA or deed restrictions The expansive 0.95-acre lot (199 ft frontage x 207 ft depth) offers room to add a pool, additional residence, or expand future development possibilities. Located in Flood Zone X — no flood insurance required. Permitted uses include: Assisted Living Facility, Congregate Care Facility, Community Residential Home, Day Care, Church, Public Education Facility, Multifamily Residence, Two-Family Dwellings, or private compound opportunities. Floor plans available in photos. This is a rare chance to own a flexible, income-producing or redevelopment-ready property in one of Safety Harbor’s most sought-after locations. PLEASE DO NOT ENTER PROPERTY WITHOUT A CONFIRMED APPOINTMENT.
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FeaturesGeneralSewer Private Sewer
Heating Central
Cooling Central Air
Utilities Public
Roof Shingle
Appliances Dishwasher Dryer Refrigerator Washer
Construction Materials Wood Frame
Year Built 1947
Levels Two
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Accessibility Accessible Bedroom Accessible Common Area Accessible Doors Accessible Elevator Installed Accessible Full Bath Visitor Bathroom Accessible Hallway(s) Accessible Central Living Area
County Pinellas
New Construction false
Property Type Commercial Sale
Subdivision Name NONE
Facing Direction East
Other Structures Storage
Status Active
Directions East on Enterprise Rd South on Philippe Property will be on your right hand-side - 1055
City SAFETY HARBOR
MLS Area 34695 - Safety Harbor
Lot Size Units Square Feet
Lot Size Square Feet 41291
Listing Terms Cash Owner May Carry
Tax Annual Amount 8506.55
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8426502
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 0400
Legal Description FROM SW COR OF SE 1/4 N 454.54FT E 614.70FT FOR POB S 45 DEG E 310.6FT N 44 DEG E 199.1FT N 45 DEG W 103.9FT W 287.1FT TO POB
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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InteriorFlooring Luxury Vinyl
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorLot Features Landscaped Oversized Lot
Lot Size Area 41291
Foundation Details Crawlspace
Number of Buildings 2
Building Area Total 3825
Lot Dimensions 199 x 207
Lot Size Acres 0.95
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded FeaturesList ByTARA.GUIDERIGROUP.HOMES@GMAIL.COMEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,082
- Monthly Property Taxes
- $709
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Safety Harbor, FL
Average List Price $1,884,714
Percent of Sale Price 28%
About Safety Harbor, FL 16,625 Population
-2% Since 2002
$ 61,643 Median Income
51.35 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/1/2026 | $1,475,000 | -1.34% | Price Down |
| 4/14/2026 | $1,495,000 | -5.08% | Price Down |
| 3/24/2026 | $1,575,000 | -3.08% | Price Down |
| 12/19/2025 | $1,625,000 | | Listed Price |