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$548,650 -$100 (-0.02%) Price Reduced
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Property Description
One or more photo(s) has been virtually staged. ***BACK ON MARKET BUYER DID NOT HAVE FUNDS TO CLOSE AFTER ALL***. BUILDER'S DREAM IN SAFETY HARBOR - WATER VIEWS & ENDLESS POTENTIAL! LOTS ARE WATER VIEW NOT WATERFRONT! Incredible opportunity in one of Safety Harbor's most desirable neighborhoods! 150' x 157' lot (over ½ acre) sits just steps from the water and is surrounded by multi-million-dollar homes offering beautiful water views from nearly every angle. So many possiblilities with this property. The right person may want one very large home here, however the City has confirmed the property qualifies for an equal split, creating two premium lots (each approximately 78.75' x 150'). Perfect for builders or investors-renovate the existing home and build on the second lot, or start fresh with two custom new builds. Located near other duplex, triplex, and quad-zoned properties, there may also be potential for multi-family use (buyer to verify). Just a short walk to Philippe Park and minutes to downtown Safety Harbor's shops, dining, and waterfront trails. Prime location, stunning views, and endless possibilities-this one won't last!
Full Property Details
Full Property Details for 5 Mar Bay Ln
General
- Price: $548,650
- Taxes: $3,015 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: TB8444452
- Updated: 1/12/2026
- Added to Site: 72 day(s) ago
Location
- Area: 34695 - Safety Harbor
- County: Pinellas
- Development Name: 34695 - Safety Harbor
- Driving Directions: PHILIPPE PARK TO TURN ON MAR BAY LN
Community
- Community Name: 34695 - Safety Harbor
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.54
- Lot Size (Sq. Ft.): 23,627
- Lot Size: 23627
- Lot Dimensions: 150 x 158
- Frontage: Deeded Easement
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $1,016,019
- Tax Amount: $3,015
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: E 150FT OF S 157.5FT OF GOVT LOT 1 LYING E OF SR #590
- Flood Zone Info: AE
- APN: 272816000002101400
- Property ID: 272816000002101400
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Schools
Schools serving 5 Mar Bay Ln
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Countryside High School 3000 State Road 580, Clearwater, FL 33761 | 9-12 | 1.4 mi |
Safety Harbor Elementary School 535 5th Avenue North, Safety Harbor, FL 34695 | PK-5 | 2 mi |
Safety Harbor Middle School 901 1st Avenue North, Safety Harbor, FL 34695 | 6-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Mar Bay Ln
Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$548,650
-0.02%
MLS
12/15/2025
Price Reduced
$548,750
-0.05%
MLS
11/15/2025
Price Reduced
$549,000
-0.18%
MLS
11/04/2025
Listed
$550,000
89.66%
MLS
10/23/2025
Sold
$290,000
—
Public Record
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 5 Mar Bay Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,561
-48%
$131,028
-40%
2024
$3,015
2%
$218,661
3%
2023
$2,963
2%
$212,292
6%
2021
$2,908
1%
$200,106
-3%
2022
$2,874
-1%
$206,109
4%
2021
$2,908
-1%
$197,343
—
2019
$2,944
177%
$198,194
84%
2018
$1,063
2%
$107,786
2%
2017
$1,045
2%
$105,569
2%
2016
$1,028
-2%
$103,398
1%
2015
$1,049
1%
$102,679
1%
2014
$1,039
1%
$101,864
1%
2013
$1,026
—
$100,359
—
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 5 Mar Bay Ln
5 Mar Bay Lane, Safety Harbor, FL 34695 (MLS# TB8444452) is a Lots/Land property with a lot size of 0.54 acres. 5 Mar Bay Lane is currently listed for $548,650 and was received on November 04, 2025. Want to learn more about 5 Mar Bay Lane? Do you have questions about finding other Lots/Land 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.

