1055 PHILIPPE PARKWAY

SAFETY HARBOR, FL 34695

RARE SAFETY HARBOR OPPORTUNITY WITH ENDLESS POTENTIAL! 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.

Listing courtesy of LPT REALTY, LLC (516) 993-6429



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Last checked: 2026-05-24 08:54 PM EDT