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3110 Philippe Parkway
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PRICED AT ONLY: $2,090,000

Address: 3110 Philippe Parkway, SAFETY HARBOR, FL 34695

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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  • MLS#: TB8426270 ( Commercial Sale )
  • Street Address: 3110 Philippe Parkway
  • Viewed: 6
  • Price: $2,090,000
  • Price sqft: $579
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 3610
  • Days On Market: 11
  • Acreage: 1.54 acres
  • Additional Information
  • Geolocation: 28.0237 / -82.6895
  • County: PINELLAS
  • City: SAFETY HARBOR
  • Zipcode: 34695
  • Provided by: EXP REALTY LLC
  • Contact: Jeffrey Borham, PA
  • 866-308-7109
  • 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 3106.00
  • Other Structures: Other, Storage
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 13 to 18
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Microwave, Refrigerator
  • Country: US
  • 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)
  • Area Major: 34695 - Safety Harbor
  • Parcel Number: 27-28-16-00000-210-0900
  • Zoning Code: C-2
Nearby Subdivisions
Green Spgs   None  

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Wade M. Berlin

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