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    3110 Philippe Pkwy Safety Harbor, FL 34695

    New
    For Sale
    $2,047,000

    Hotel/Motel - SAFETY HARBOR, FL

    Property size:
    3,106 SF
    Lot size:
    1.54 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 3110 Philippe Pkwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-2
    APN
    27-28-16-00000-210-0900
    Appliances
    Microwave, Refrigerator
    Size
    3,106 SF
    Lot size
    1.54 Acres

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1950
    Number of units
    8
    Flooring type
    Carpet, Laminate, Tile
    Building materials
    Block, Concrete, Stucco
    Architectural style
    Other

    eXp Realty LLC (888) 883-8509 [email protected]

    Listing agent Jeffrey Borham, PA (866) 308-7109 License #3115528

    Listing date Dec 12, 2025

    MLS# TB8426270 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Motel with Redevelopment Potential

    The Marbay Motel is an established 8-unit motel with an office, attached bedroom, and 9 bathrooms, situated on a 1.54-acre lot in Safety Harbor. The property is currently generating an average of $20,000 in monthly revenue. The 8 remodeled units each feature kitchenettes and SMART systems, including locks and TVs. The office with an attached bedroom provides flexibility for on-site management. Recent upgrades include 4 new A/C units (2024 & 2025) and a repaved parking lot. On-site amenities include mini golf, on-site laundry, and a covered pergola with BBQ. The property has been featured in two films and a Publix commercial. The property is located 5 minutes from downtown Safety Harbor’s restaurants, breweries, and shops, and close to Philippe Park with water sports rentals and a boat ramp. It 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. 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. The property offers both a profitable short-term rental/motel business and a redevelopment project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Similar Places Nearby

    Painting with a Twist

    Map

    City
    Safety Harbor
    County
    Pinellas
    State
    Florida
    Longitude
    -82.689513
    Latitude
    28.023737

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    FAQs

    What type of property is this?
    Motel - 8-unit motel on 1.54 acres, prime location, redevelopment opportunity.
    Where is this motel located?
    The property is located at 3110 Philippe Pkwy Safety Harbor, FL.
    What is the asking price?
    The asking price for this property is $2,047,000.
    What are key features of this property?
    This property features: - Approved request to negotiate with the city to rezone for residential buildings, allowing for 10-12 potential residential structures.; - Established motel generating $20K in average monthly revenue, offering immediate income potential.; - Prime 1.54-acre location in Safety Harbor, suitable for events or future development.
    (866) 308-7109
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    Safety Harbor, FL 34695
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3110 Philippe Pkwy Safety Harbor, FL 34695
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