3075 Cherry LANE, Clearwater, FL, 33759 | $295,999

Residential lot centrally located in Clearwater - just a Courtney Campbell Causeway bridge away from Tampa and and close to one of top private highschool: Calvary Christian Academy. Secret Public beach just minutes away (off the causeway) allows jetski and beach activities. Boating ramps also off causeway also nearby. Many surrounding parcels have been changed already to Institutional zoning by Calvary already and they are doing many improvements in the area. This RARE opportunity right in the heart of spectacular Clearwater/ Safety Harbor (lovely SPA and mineral springs town) area can be yours at last. Build your dream home steps away to a renowned CALVARY Private Highschool. SAFER in HURRICANES - 39ft* estimated ELEVATION above sea level & NOT IN FLOOD ZONE HELPS A LOT during HURRICANES, FLOODS, and when Insuring Property. During Last Hurricane this was 1 of FEW areas NOT required to evacuate and faired nicely with almost ZERO damage to neighboring homes. City Sewer/ Water were added relatively recently adding a lot of value to this parcel which used to be on septic. Fenced Back is facing green lawns of private school tennis club Sunny, and Easy to build lot has all utilities pre-placed for you as there was a home here in the past demolished at will. Central Location allows for a quick access to Tampa, St Pete and Clearwater Beach. OR Buy together with the Race Car Mansion next door and combine lots. Whatever your dreams may be with this over-sized, corner lot you can make a reality. Don't hesitate, go take a look, and make an offer today. Seller is asking for your highest and best offer. SELLER FINANCE is available with 50% down at just 7. 5% interest, 1pt origination & terms apply. ZONING appears R2 - 2 properties per lot. We are trying to verify this with the CITY OF CLEARWATER planning and zoning. The adjacent mansion is offered for $2, 100, 000 and the two properties could be purchased together, mls #U8217526 3087 Cherry ln. Since $175, 000 sale 13 years ago, a LOT of Value was added by owner petitioning to ADD parcel to CLEARWATER CITY, put it on the SEWER LINE Instead of the Septic, get CITY WATER added to the street. These are TREMENDOUS VALUE ADDING improvements. Pls also note that most florida properties tripled in value since 2010. * Buyer to Verify ALL Info. * Since this lot is presently rolled into the other parcel for tax purposes - if u would like to purchase just the LOT and not the mansion next door: 3087 cherry - a NON-refundable $30, 000 separation fee would have to be released to Seller prior to closing to cover the cost of severance of the parcel. THis amount will be counted toward your purchase price but NOT be refundable for any reason as Sellers will incur a cost to separate and cost in higher taxes on severed lot.

Features

  • Lot Size: 50*100
  • Lot Desc: Buildable
  • MLS#: U8224732
  • Days on Market: 278 days
  • Website: https://www.raveis.com
    /prop/U8224732/3075cherrylane_clearwater_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 10/5/2024 12:19:18 AM)
Listing courtesy of KELLER WILLIAMS ST PETE REALTY   Phone: 727-894-1600

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NMLS Mortgage Loan Originator ID 16953

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3075 Cherry LANE, Clearwater, FL, 33759

$295,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $236,799 $236,799 $236,799
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.490% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.490% 6.654% 5.752%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,497 $1,495 $1,934
Total Monthly Payment $1,572 $1,570 $2,009

* 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.