$1,475,000 - 1055 Philippe Parkway, SAFETY HARBOR

Under contract-accepting backup offers. 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