1055 Philippe Parkway, FL
Stellar MLS

$1,475,000

1055 Philippe Parkway

Safety Harbor, FL 34695

Listing updated: June 1, 2026 at 3:50 PM ET

Active
0
Baths
3,825
Sq Ft
0.95
Acres
1947
Built
$386/sqft360° tour
Mixed Use

Property type

1947

Year built

41,291 sqft

Lot size

$386

Price / sq ft

No HOA

HOA dues

263

Days on market

X

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$7,458
Property taxes$709
Home insurance (est.)$676

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history263 days on market

  1. Status: Active
    Jun 1, 2026
  2. Listed$1,625,000
    Sep 10, 2025
  3. Price reduced$1,475,000

Facts & features

Property type
Commercial Sale
Sub type
Mixed Use
Status
Active
Days on market
263
Subdivision
None
County
Pinellas
Year built
1947
Living area
3,825 sq ft
Price/sq ft
$386
Lot size
41,291 sq ft
Lot category
1/2 to less than 1
Flood zone
X
Annual taxes
$8,507 (2024)
Parcel #
34-28-16-00000-430-0400
MLS #
TB8426502

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Interior Details

Flooring
Luxury Vinyl
Appliances
Dishwasher, Dryer, Refrigerator, Washer
Stories / Levels
Two
Direction faces
East

Heating & Cooling

Heating
Central
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Owner Financing
Ownership
Fee Simple

Exterior & Construction

Construction materials
Frame
Roof
Shingle
Foundation
Crawlspace
Road surface
Paved

Utilities

Sewer
Private Sewer
Utilities
Public

Listing Details

Listing date
2025-09-10
On market date
2025-09-10
Original list price
$1,625,000
Occupant type
Owner
MLS area
34695 - Safety Harbor
Listing AOR
Orlando Regional
Status changed
2026-06-01
Tax 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 risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

East on Enterprise Rd South on Philippe, Property will be on your right hand-side - 1055

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 1, 2026 at 3:50 PM ET. 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.

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