1055 PHILIPPE PARKWAY, Safety Harbor, FL, 34695 | $1,475,000

Located in the heart of highly desirable Safety Harbor, this unique property is just minutes from the charming downtown district featuring award-winning restaurants, boutique shopping, local pubs, parks, the public library, wellness spas, lodging, and the renowned Safety Harbor Resort & Spa. Situated on nearly one acre and zoned R-3, this versatile property presents an exceptional opportunity for investors, developers, business owners, or those seeking a private multi-use compound.

Formerly operated as an Assisted Living Facility and approved for 19 beds, the 3, 825-square-foot main building offers a functional and well-designed layout. The interior features 12 bedrooms (5 downstairs and 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.

Notable features include:
• Elevator
• Whole-house fire sprinkler system
• Two HVAC systems and two water heaters
• Vulcan natural gas stove
• Washer, dryer, and commercial food-storage refrigerators included
• Generator
• Walk-in food storage shed and additional large utility shed
• Detached secondary structure ideal for an office.
• Ample parking
• No HOA or deed restrictions

The expansive 0. 95-acre lot (199 feet of frontage by 207 feet deep) provides endless possibilities, including room for a pool, additional residence, or future expansion. Located in Flood Zone X, no flood insurance is required.

Permitted uses include Assisted Living Facility, Congregate Care Facility, Community Residential Home, Day Care, Church, Public Education Facility, Multifamily Residence, Two-Family Dwellings, and a variety of private compound opportunities.

Floor plans are available in the photo gallery. MOTIVATED SELLER

Features

  • Property Type: Mixed Use
  • Construction: Wood Frame
  • Utilities: Public
  • Levels: 2
  • Heating: Central
  • Cooling: Central Air
  • Lot Size: 199 x 207
  • Year Built: 1947
  • Approx Sq. Feet: 3,825
  • Acreage: 0.95
  • Est. Taxes: $8,507
  • Lot Desc: Landscaped, Oversized Lot
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • MLS#: TB8426502
  • Days on Market: 288 days
  • Website: https://www.raveis.com
    /prop/TB8426502/1055philippeparkway_safetyharbor_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 7/4/2026 6:17:09 PM)

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Koco PelaSales Associate

203.228.3440

Koco.Pela@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Laurie BergerVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12578

203.520.1925

Laurie.Berger@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance

203.561.0013

Rosemarie.DePasquale@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1055 PHILIPPE PARKWAY, Safety Harbor, FL, 34695

$1,475,000

Koco Pela

Sales Associate

William Raveis Real Estate

Phone: 203.228.3440

Koco.Pela@raveis.com

Laurie Berger

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.520.1925

Laurie.Berger@raveis.com

NMLS Mortgage Loan Originator ID 12578

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,180,000 $1,180,000 $1,180,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.263% 6.121% 6.183%
Monthly Tax Payment $709 $709 $709
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,886 $7,075 $9,958
Total Monthly Payment $7,720 $7,909 $10,792

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.