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1055 Philippe Pky - MULTI-USE

3,825 SF Health Care Building Offered at £1,474,163 in Safety Harbor, FL 34695

Investment Highlights

  • LOCATION, GROUNDS, ALMOST 1 ACRE, MULTIPLE USE PROPERTY

Executive Summary

Located at 1055 Philippe Pkwy, Safety Harbor, FL, this prime real estate opportunity is just minutes from downtown Safety Harbor. The property, currently operating as an Assisted Living Facility, offers exceptional potential for a variety of uses including a bed and breakfast, office space, med spa/day spa, ALF, hotel/motel, multifamily compound, new development, mobile home park, or medical facility. The possibilities are endless with this versatile piece of real estate.
The building encompasses 3,825 sq ft and features a well-thought-out layout with 5 bedrooms and 2 baths on the first floor and 7 bedrooms and 3 baths on the second floor, with an approved capacity for 19 beds. Additional features include two sheds, a separate office building, two water heaters, two HVAC units, a sprinkler system throughout, a fire alarm, and an elevator. The property also includes a Vulcan stove (natural gas cooking) and is situated on a 0.95-acre lot with plenty of parking. It is located in a non-flood zone (Zone X) and is zoned R-3. The asking price is $1,950,000
NEW HVAC - 10/2024
The business itself is not for sale.
Floor plans are attached in the photos.
Showings are available Monday through Friday from 10 AM to 1 PM only, and the listing agent must accompany all showings. Please do not enter the property or use the parking lot without a confirmed appointment.

Property Facts

Price £1,474,163
Price Per Bed £77,588
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 0.95 AC
Building Size 3,825 SF
No. Beds 19
Number of Floors 2
Year Built 1947
Parking Ratio 1.83/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-28-16-00000-430-0400
Land Assessment
£324,110
Improvements Assessment
£47,684
Total Assessment
£371,794

zoning

Zoning Code R3 (RESIDENTIAL MIX USE)
R3 (RESIDENTIAL MIX USE)
  • Listing ID: 32561451

  • Date on Market: 23/07/2024

  • Last Updated:

  • Address: 1055 Philippe Pky, Safety Harbor, FL 34695

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