Located at 1055 Philippe Pkwy, Safety Harbor, FL, this prime real estate opportunity is just minutes from downtown Safety Harbor. The property, currently operating as an Assisted Living Facility, offers exceptional potential for a variety of uses including a bed and breakfast, office space, med spa/day spa, ALF, hotel/motel, multifamily compound, new development, mobile home park, or medical facility. The possibilities are endless with this versatile piece of real estate.
The building encompasses 3, 825 sq ft and features a well-thought-out layout with 5 bedrooms and 2 baths on the first floor, plus a gorgeous sunny enclosed porch, living room, dining hall, kitchen and laundry room. There are 7 bedrooms and 3 baths on the second floor, with an approved capacity for 19 beds. Additional features include two sheds, a separate office building, two water heaters, two HVAC units, a sprinkler system throughout, a fire alarm, and an elevator. The property also includes a Vulcan stove (natural gas cooking) and is situated on a 0. 95-acre lot with plenty of parking. It is located in a non-flood zone (Zone X) and is zoned R-3. Lot Frontage 199, Lot Depth 207.
Please note that the generator does not convey with the sale, and the business itself is not for sale. The seller cannot close before January 15, 2025. Floor plans are attached in the photos.
Showings are available Monday through Friday from 10 AM to 1 PM only, and the listing agent must accompany all showings. Please do not enter the property or use the parking lot without a confirmed appointment. *PLEASE NOTE- The Business is NOT for sale* This is an operating facility. https: //vimeo. com/975906486 NEW HVAC 10/2024
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,498,800 | $1,498,800 | $1,498,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $682 | $682 | $682 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,597 | $9,597 | $13,159 |
Total Monthly Payment | $10,404 | $10,404 | $13,966 |
* 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.