3110 PHILIPPE Pkwy new Save Request In-Person Tour Request Virtual Tour
Safety Harbor,FL 34695
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 3,106 sqft
Price per Sqft $672
MLS Listing ID TB8426270
HOA Y/N No
Year Built 1950
Annual Tax Amount $18,544
Lot Size 1.540 Acres
Acres 1.54
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property 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 10–12 potential residential structures - a fantastic opportunity for the right developer to bring the vision to life. Just 5 minutes from downtown Safety Harbor's 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 you're looking for a profitable short-term rental/motel business or a prime redevelopment project, the Marbay Motel offers endless possibilities.
Location
State FL
County Pinellas
Area 34695 - Safety Harbor
Zoning C-2
Interior
Cooling Wall/Window Unit(s)
Flooring Carpet,Laminate,Tile
Appliance Microwave,Refrigerator
Exterior
Parking Features Parking Spaces - 13 to 18
Building
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None