$1,999,999

3075, 3087 Cherry Lane, Clearwater, FL 33759

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3075 3087 Cherry Lane Clearwater FL 33759 U8245057 image1
1/100

$1,999,999

(99,001) 12/03/2024

3075, 3087 Cherry Lane Clearwater, FL 33759

For Sale MLS# U8245057

6,900 sq ft Commercial

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Data current as of 24/03/2025 09:05:12

Details for 3075, 3087 Cherry Lane

MLS# U8245057

Description for 3075, 3087 Cherry Lane, Clearwater, FL, 33759


39FT ELEVATION, Superior Cement & Metal Frame HELPS in every HURRICANE! Looking 4 a perfect office & a Penthouse residence in a mixed use building w SELLER FINANCE on 1 million in 1st position at 6.5%? Once in a Lifetime Opportunity for End-User to convert this LMDR Mansion into Mixed use / Medical office / hotel & possibly add a Penthouse floor on rooftop to live luxuriously w stunning Water View. 2 PARCELS included: 3075, 3087 Cherry as u may need extra parking 2 convert. Property offers quick access location w INCREDIBLE HIGH TRAFFIC driving by daily - see traffic count pic & Notes on Conversion to Hotel, Office, Mixed Use or Medical Office Institutional Use Enclosure of 11 page took years to research - Buyer to verify all info incl sqft, zoning mod,building q & advised to consult proper professionals 4 due diligence. *No info or conversion guaranteed. We consulted an attorney who successfully completed conversions to I (Institutional) use for most surrounding properties; he estimates the conversion legal costs to be $15,000, result NOT guaranteed but most likely a Medical Office use win Institutional Zoning for end user would make sense if the buyer is end user & hires proper professionals incl civil engineer, architect & a zoning attorney to do the conversion. RaceCarMansion was originally built at "no cost spared budget" by an arrogant Aerospace engineer/ multi millionaire who brought IndyCar Racing to Tampa & wanted team mates to stay on site & his kids to attend the leading private school next door (Calvary school that owns most surrounding parcels & converted them to I use).PAYOFF of Mortgage + Renovation Loans + closing cost >$2ml pls do NOT waste seller time with lower offers Property appears to have been originally built to a superior commercial st&ard while including high end residential details like a stunning cheff's kitchen w oversized subzero side by side refrigerator & freezer, German Miele appliances - ovens, gas cooktop, dishwasher, built-in coffee maker, wine cooler & 3 costly copper sinks! To commercial standard are signaling cement w metal reinforcement construction, built in fire protection system w ceiling sensors w sprinklers area activation, firefighter hose hook-ups on every level, 3 phase power, oversized huge elevator & multi zone Commercial Daikin HVAC. 1st floor: storage & XXL garage w 2 bays 16' wide * 7' tall door is the largest; 2nd lvl: front entry foyer - main doors just replaced - flex space w cement floors, 2 wall AC Daikin units (presently used for storing & shipment); 3rd level: 4 master suites ea w walk-in closets, ensuite baths; video tech room w $200,000+ in equipment that runs the 40 tv wall on the 4th floor; laundry room & living room; 4th level: office; chef's kitchen adorned in cherry wood; top of the line appliances; surround sound & video entertainment system w 32 smart tvs, dining room, living rooms so large - one used to hold a full size Antique Mercedes. 5th:; Walk Out Water View rooftop terrace. Terrace has cameras looking in 4 directions transmitting to TV walls of the 4th floor - replacing the window views. Will u add a Penthouse or Hottub to Rooftop w views of Tampa Bay & Bayside Bridge? This property gem offers great work & office space making this LUXURY residence a perfect executive home / retreat. Check out virtual tours, youtube attached materials. Is this YOUR Medical Office Building awaiting you? Buy turn key: just $49k 4 appliance - furnishings - decor package

Listing Information


Property Type: Commercial, Mixed Use

Status: Active

Lot Size: 0.25 Acres

Square Feet: 6,900 sq ft

Year Built: 2012

Stories: 4 Story

Construction: Metal Frame,Concrete

Construction Display: New Construction

Subdivision: None

Foundation: Concrete Perimeter,Slab

Number Of Units Total: 1

County: Pinellas

Construction Status: New Construction

Interior Features


Appliances: Washer, Water Purifier, Refrigerator, Dishwasher, Dryer, Microwave

Flooring: Carpet,Concrete,Tile

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Water Connected

Cooling: Central Air, Zoned

Heating: Zoned, Central, Natural Gas, Other

Exterior / Lot Features


Parking Description: Parking Space(s)

Roof: Concrete, Tile, Other, Metal

Lot View: Bay,Ocean,Water

Lot Dimensions: 105x100

Additional Exterior/Lot Features: Corner Lot, Landscaped, Near Golf Course

Out Buildings: Storage

Community Features


Security Features: Security System, Secured Garage/Parking, Closed Circuit Camera(s)

Driving Directions


Head South on McMullen Booth. Take a right toward GULF TO BAY, Cherry Lane is 2nd street on your right. SLOW DOWN - as its a ONE WAY and if you miss it, its a a CIRCLE to drive to Gult to Bay, U turn back onto McMullen and Repeat the steps! PARK IN THE LEFT DRIVEWAY, . For additional parking pls use vacant lot next door

Financial Considerations


Terms: Cash,Conventional,Lease Option,Lease Purchase,Owner May Carry,Private Financing Available,Special Funding,Trade

Tax/Property ID: 16-29-16-00000-220-41000

Tax Amount: 22138

Tax Year: 2023

Price Changes


$2,399,000 Original Price
$1,999,999 Current Price
-$399,001 Total Change
Date Price Change
12/03/2024 04.44 PM $1,999,999 -$99,001
10/27/2024 05.29 PM $2,099,000 -$1,000
10/14/2024 05.28 PM $2,100,000 +$1,000
09/19/2024 01.18 PM $2,099,000 -$60,000
08/09/2024 01.40 AM $2,159,000 -$40,000
07/15/2024 08.34 PM $2,199,000 -$101,000
06/22/2024 10.18 PM $2,300,000 -$99,000
06/02/2024 08.51 PM $2,399,000
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

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Tax Summary

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

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The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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