3087, 3075 Cherry LANE, Clearwater, FL, 33759 | $1,999,999

Welcome Home. 39FT ELEVATION, Superior Cement & Metal Frame HELP in every HURRICANE! Concrete Steel reinforced FORTRESS like Walls, Water-Tight Garage and ELEVATED Residential Floors make one feel a King of Castle! This listing is for 2 combined parcels at huge discount estimated at less than the cost of Materials & Labor. You get BOTH: 3075 Cherry (vacant lot) +3087 Cherry Ln (mansion on a land lot) rolled into ONE id for tax reduction. PAYOFF of Mortgage w Renovation Costs + closing cost >$2ml pls do NOT waste seller time with lower offers. Seller Finance in 1st position of up to 930k available - terms apply - at BELOW Prime! Super Deal at $299*sqft not even counting 2400sqft ROOFTOP Terrace; or the LOT - (subtr 2nd lot cost)! WELCOME to the RACECAR Mansion -w a Home-Based Office. Zone conversion MAY Be possible; NOT guaranteed (Many adjoining parcels already changed by Calvary School/Chrch to Institutional Zone that may or may not allow Edu facility, relig, Med Office, Nightclub, Asst Living etc. Steps to a TOP Private Highschool & centrally Located. Cross bridge to Tampa, St Pete, Safety Harbor SPA or Clearwater Beach nearby. JETSKI fans love the 2 mnt drive toBay beach - great spot to back JET_SKI into water. Hostr BBQS & special events on the BAY-VIEW Roof-top Terrace BUILT strong enough to HOLD A SWIMMING POOL /HOT TUB * per the GC. NUMEROUS COSTLY REPAIRS & IMPROVEMENTS in past 2 years, however, Fence or Elevator Repairs NOT included at this reduced price, approx $14, 000 (elevator). It is recommended for new owner to submit new FENCING plan to encompass both lots with entry gate which needs to be to new owner specs anyways. Extra SAFETY for Hurricanes is Ltd Windows;VIRTUAL REALITY WINDOWS of 4th floor which will take u to Space & Time of your Choosing due to $$$$$ TECH! Be in the land of childhood / Put on the RITZ on the Paris' Champs Elysées?. If u prefer real WINDOWS - GC may have pre-placed proper arrangements*. This Phenomenal FORTRESS-LIKE residence was built by an INDYCAR Team Owner who brought CAR RACING Sport to Tampa Bay. Money was NO object to this Business Mogul, and he chose this location for the School adjacent: CALVARY CHRISTIAN ACADEMY. Million Dollars was just the designer budget to pick the high end finishes, appliances & tech. This Spectacular Residence that WOWS the most discerning seeker, is available Fully Furnished - Turn Key Package: FURNISHINGS - APPLIANCES only $49, 999 (yes Subzeros, 32 TVs, AV room tech, Garage Tools, etc included!). OVERSIZED GARAGE makes this home a Car-Enthusiast HEAVEN. 4 Bedrooms each with their own Walk-In closet & Full Bath - w 2 additional bonus half baths * Fully Custom Home in every detail including a 1st floor garage able to accommodate upto 6 cars, 2nd floor is an AC storage - Flex Space; 3rd Floor: 4 Bedrooms ensuites, w a comfortable TV lounge and laundry facilities, 4th floor MAIN Living Space offers entertainment space, kitchen, & dining room. Designer Cheff;s Kitchen featuring a MIELE Oven & Gas Stovetop, Sub-zero Fridge, MARVEL wine fridge, MIELE dishwasher & Coffee maker, and much more! Fab BONUS a FULL ACCESS Rooftop BAYVIEW TERRACE overlooking Tampa Bay & Bayside Bridge. The home offers great work & office space making this LUXURY residence a perfect executive home / retreat. virtual tours: youtube. Buyer to verify all info incl sqft, quality & type of construction. AS IS WHERE IS no warranty purchase.

Features

  • Elevator: Y
  • Rooms: 4
  • Bedrooms: 4
  • Baths: 4 full / 2 half
  • Lot Size: 107 x 100
  • Laundry: Laundry Room
  • Year Built: 2012
  • Garage: 6-car Garage Door Opener, Ground Level, Oversized, Workshop in Garage
  • Heating: Central, Natural Gas, Other, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 7,066
  • Acreage: 0.25
  • Lot Size: 107 x 100
  • Est. Taxes: $22,767
  • Lot Desc: Corner Lot, Landscaped, Level, Near Golf Course, Near Marina
  • View: City, Garden, Water
  • Elem. School: Eisenhower Elementary-PN
  • Middle School: Oak Grove Middle-PN
  • High School: Clearwater High-PN
  • Pet Policy: Breed Restrictions, Yes
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • MLS#: U8217526
  • Days on Market: 384 days
  • Website: https://www.raveis.com
    /eprop/U8217526/3087_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 12/22/2024 12:48:54 AM)
Listing courtesy of KELLER WILLIAMS ST PETE REALTY   Phone: 727-894-1600

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3087, 3075 Cherry LANE, Clearwater, FL, 33759

$1,999,999

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,599,999 $1,599,999 $1,599,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $1,897 $1,897 $1,897
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,378 $10,245 $14,048
Total Monthly Payment $12,400 $12,267 $16,070

* 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.