Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    PHILIPPE Safety Harbor, FL 34695

    View on Map
    For Sale
    $1,199,900

    Land - SAFETY HARBOR, FL

    Lot size:
    2.92 Acres
    Added:
    Sep 12, 2025
    Days on Market:
    202
    Last Refresh:
    Apr 1 at 9:06 pm

    Property Features for PHILIPPE

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A-E
    Standard status
    Active
    APN
    27-28-16-00000-220-0400
    Lot size
    2.92 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    10284

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Karolina Taylor
    Karolina Taylor

    Listing agent Karolina Taylor License #3490029

    Listing office EPIQUE REALTY, INC. 100 S Ashley Drive Ste 100, Houston, FL

    Listing date Sep 12, 2025

    MLS# TB8427080 Listing URL

    Copyright © 2026 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

    Expansive Land in Safety Harbor

    This 2.92-acre vacant residential lot presents a prime opportunity in Safety Harbor, Florida. The property offers potential for building a custom estate or developing a private retreat. Its location provides convenient access to major roads, shopping, dining, top-rated schools, and the Safety Harbor downtown waterfront. The parcel allows ample space for custom design, outdoor living, and future growth. This property combines size, accessibility, and the perfect backdrop for creating a one-of-a-kind home or investment project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Safety Harbor
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6938421
    Latitude
    28.0262681

    Nearby Similar for Sale

    • $1,100,000
      4,720 SF

      Freestanding Warehouse in Safety Harbor

      Industrial warehouse in Harbor Lake Industrial Park, Safety Harbor, FL.
      1060 HARBOR LAKE DRIVE, SAFETY HARBOR, FL 34695
      View Details
    • $995,000
      816 SF

      Safety Harbor Commercial Land Opportunity

      Commercial land with mixed-use potential in Safety Harbor, Florida.
      734 2ND STREET N, SAFETY HARBOR, FL 34695
      View Details
    • $1,299,000
      3,812 SF

      Safety Harbor Professional Office Building

      Functional office building in downtown Safety Harbor, steps from Main.
      108 4TH AVENUE S, SAFETY HARBOR, FL 34695
      View Details
    • $455,000

      Residential Lot in Safety Harbor

      Oversized lot near restaurants, shops, and amenities.
      5 ST S, SAFETY HARBOR, FL 34695
      View Details
    • $715,000
      1,844 SF

      Remodeled Duplex Near Downtown

      Fully remodeled duplex in Safety Harbor, steps from downtown.
      415 MAPLE WAY, SAFETY HARBOR, FL 34695
      View Details
    • $849,995

      Buildable Homesite in Safety Harbor

      1.24-acre homesite to create your dream property.
      1ST AVENUE N, SAFETY HARBOR, FL 34695
      View Details
    • $1,575,000
      3,825 SF

      Safety Harbor Mixed-Use Opportunity

      Versatile property near downtown Safety Harbor with multiple potential uses.
      1055 PHILIPPE PARKWAY, SAFETY HARBOR, FL 34695
      View Details
    • $2,047,000
      3,106 SF

      Established Motel with Redevelopment Potential

      8-unit motel on 1.54 acres, prime location, redevelopment opportunity.
      3110 PHILIPPE PARKWAY, SAFETY HARBOR, FL 34695
      View Details
    • $3,999,000
      9,605 SF

      Historic Mixed-Use Property on Main

      Charming mixed-use property in Safety Harbor's vibrant downtown.
      454 MAIN STREET, SAFETY HARBOR, FL 34695
      View Details
    • $375,000

      Land in Desirable Safety Harbor

      Vacant land near bay and downtown Safety Harbor, Florida.
      1050 CONANT AVENUE, SAFETY HARBOR, FL 34695
      View Details
    • $364,900

      Residential Lot in Safety Harbor

      0.25-acre residential lot ready for construction in Safety Harbor, FL.
      ELM STREET, SAFETY HARBOR, FL 34695
      View Details
    • $250,000

      Safety Harbor Land Opportunity

      Land in the heart of Safety Harbor, build your dream home.
      DR ML KING JR STREET N, SAFETY HARBOR, FL 34695
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.92-acre vacant residential lot in desirable Safety Harbor, Florida.
    Where is this residential land & home lot located?
    The property is located at PHILIPPE Safety Harbor, FL.
    What is the asking price?
    The asking price for this property is $1,199,900.
    What are key features of this property?
    This property features: Large 2.82‑acre vacant residential lot.; Prime location in the heart of Safety Harbor.; Potential to build a custom dream estate or private retreat.
    (813) 702-5478
    We can help!
    Listing Contact
    Karolina Taylor
    Karolina Taylor
    Real Estate License ID: 3490029
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!