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$1,475,000 -$20,000 (-1.34%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 1055 Philippe Pkwy
General
- Price: $1,475,000
- Taxes: $8,506 (2024)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8426502
- Updated: 6/1/2026
- Added to Site: 264 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Refrigerator, Washer
- Flooring: Luxury Vinyl
Location
- Area: 34695 - Safety Harbor
- County: Pinellas
- Development Name: 34695 - Safety Harbor
- Subdivision: NONE
- Driving Directions: East on Enterprise Rd South on Philippe, Property will be on your right hand-side - 1055
- Direction Faces: East
Community
- Community Name: 34695 - Safety Harbor
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Private Sewer
- Utility Description: Public
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Frame
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 3,825
- Sq. Ft. Source: Public Records
- Year Built: 1947
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.95
- Lot Size (Sq. Ft.): 41,291
- Lot Size: 41291
- Lot Dimensions: 199 x 207
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $8,506.55
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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
- Flood Zone Info: X
- APN: 342816000004300400
- Property ID: 342816000004300400
- Block/Lot/Section: 430
Listed by Lpt Realty, Llc
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Schools
Schools serving 1055 Philippe Pkwy
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Safety Harbor Elementary School 535 5th Avenue North, Safety Harbor, FL 34695 | PK-5 | 0.5 mi |
Countryside High School 3000 State Road 580, Clearwater, FL 33761 | 9-12 | 2.3 mi |
Safety Harbor Middle School 901 1st Avenue North, Safety Harbor, FL 34695 | 6-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1055 Philippe Pkwy
Date
Details
Price
Change
Source
6/01/2026
Price Reduced
$1,475,000
-1.34%
MLS
4/14/2026
Price Reduced
$1,495,000
-5.08%
MLS
3/24/2026
Price Reduced
$1,575,000
-3.08%
MLS
9/10/2025
Listed
$1,625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1055 Philippe Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,507
—
$520,000
4%
2024
$8,507
4%
$500,000
6%
2023
$8,185
6%
$472,000
12%
2021
$7,748
-5%
$423,000
-10%
2022
$8,163
5%
$472,000
15%
2021
$7,748
5%
$411,000
4%
2019
$7,388
5%
$394,000
6%
2018
$7,008
5%
$370,565
7%
2017
$6,661
4%
$346,742
—
2016
$6,406
6%
$346,565
8%
2015
$6,048
6%
$322,023
2%
2014
$5,712
19%
$316,835
33%
2013
$4,784
—
$238,325
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1055 Philippe Pkwy
1055 Philippe Parkway, Safety Harbor, FL 34695 (MLS# TB8426502) is a Commercial property. 1055 Philippe Parkway is currently listed for $1,475,000 and was received on September 10, 2025. Want to learn more about 1055 Philippe Parkway? Do you have questions about finding other Commercial real estate for sale in Safety Harbor? You can browse all Safety Harbor real estate or contact a Coldwell Banker agent to request more information.

