1055 Philippe ParkwaySafety Harbor, FL 34695Price: $1,495,000

  • Price: $1,495,000
  • 262 Days on Market
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Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,495,000List Price
  • 3,825Square Feet
RARE SAFETY HARBOR OPPORTUNITY WITH ENDLESS POTENTIAL! 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: o Elevator o Whole-house fire sprinkler system o Two HVAC units & two water heaters o Vulcan natural gas stove o Washer, dryer, and commercial food storage refrigerators included o Generator o Walk-in food storage shed plus additional large utility shed o Detached secondary structure ideal for an office, gym, guest suite, studio, or she shed o Ample parking with room for boats, RVs, kayaks, and recreational vehicles o 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.

Property Details of 1055 Philippe Parkway

Property Details

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Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Tara Guideri of LPT REALTY,LLC (877-366-2213)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 29, 2026 4:05 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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