1. Florida
  2. Safety Harbor
  3. 3110 PHILIPPE PARKWAY
$2,090,000

3110 PHILIPPE PARKWAY, Safety Harbor, FL 34695

  • 3,106 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon1.54acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $673/sqft
  • Property List Date Icon Listed 10 days ago

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.

Listing Status:
Active
Date Added:
September 11, 2025 at 05:00AM
Listing Office:
EXP REALTY LLC : 866-308-7109
Listing Agent:
Jeffrey Borham, PA : 866-308-7109
MLS ID:
TB8426270
  • Appliances: MicrowaveRefrigerator
  • Flooring: CarpetLaminateTile
  • A/C: Wall/Window Unit(s)

This listing courtesy of Jeffrey Borham, PA, EXP REALTY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Chi Chi Rodriquez Academy

3030 N McMullen Booth Rd, Clearwater, FL, 33761

Grades 4-8

1.40 miles away

C

Chi Chi Rodriquez Academy

3030 N McMullen Booth Rd, Clearwater, FL, 33761

Grades 4-8

1.40 miles away

C

Countryside High School

3000 State Road 580, Clearwater, FL, 33761

Grades 9-12

1.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.