Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
3,106
Welcome to the Marbay Motel, a well-established property with unique character and tremendous potential in Safety Harbor. This 8-unit motel plus office with attached bedroom and 9 bathrooms sits on a spacious 1.54-acre lot in a prime location. Currently generating an average of $20K in monthly revenue, this property is both a proven income producer and a rare redevelopment opportunity. The 8 remodeled units each feature kitchenettes, with SMART systems including locks and TVs for modern convenience. The office with an attached bedroom adds flexibility for on-site management. Recent upgrades include 4 new A/C units (2024 & 2025), a repaved parking lot, and other ongoing improvements. Guests enjoy on-site amenities such as mini golf, on-site laundry, a covered pergola with BBQ. The property has even made appearances in two films and a recent Publix commercial, adding to its local charm and recognition. With its prime Safety Harbor location, this property is ideal for hosting events or exploring future development. 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 - a fantastic opportunity for the right developer to bring the vision to life. Just 5 minutes from downtown Safety Harbor’s restaurants, breweries, and shops, and close to Philippe Park with water sports rentals and a boat ramp, this property 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. Whether you’re looking for a profitable short-term rental/motel business or a prime redevelopment project, the Marbay Motel offers endless possibilities.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete, Stucco
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.54
-
Property Type
Commercial Sale
-
Property Sub Type
Hotel/Motel
Price
-
Sales Price
$2,090,000
-
Tax Amount
18544.0
-
Sq. Footage
3, 106
-
Price/SqFt
$672
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Corporation
-
Sewer
Public Sewer
-
Tax Lot
1
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Jeffrey Borham, PA , EXP REALTY LLC
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