Price Reduction - Water Views - Seller Financing - Lease to Own
Address
3075, 3087 Cherry LANE, CLEARWATER, FL
Price
$ 2,300,000
Property Attributes
  • MLS#U8245057
  • TypeCommercial
  • CountyPINELLAS
  • CityCLEARWATER
  • AreaClearwater
  • Zip33759
  • StyleMixed Use
  • Year Built2012
  • Taxes$ 22138
  • Price$ 2,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6900
  • Lot Size0.25 Acres
Data Source:
Stellar MLS
Property Description

Looking 4 a perfect office & a Penthouse residence in a mixed use building w SELLER FINANCE on 1st million 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 and 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 at no cost to u - Buyer to verify all info incl sqft & zoning & advised to consult proper professionals 4 due diligence. *No info or conversion guaranteed. Buyer to verify all info. 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). 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 st&ard 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 Japanese Dykin AC/ Heating system VRF. Presently property is used as following: 1st floor: storage & XXL garage w 2 bays 16' wide * 7' tall door is the largest; 2nd floor: front entry foyer - main doors just replaced - flex space w cement floors, 2 wall AC Dykin units (presently used for storing & shipment); 3rd level: 4 master suites feat walk-in closets, full bath; 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; cheff's kitchen adorned in cherry wood; top of the line appliances; surround sound & video entertainment system w 32 approx smart tvs, dining room, living rooms so large - one used to hold a full size original Mercedes model. NO Attic. 5th Level; Walk Out Water View rooftop terrace. Terrace has cameras looking in 4 directions signal from which transmits to appropriate 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 $39,999 4 appliance - furnishings - decor package; personal items & some art excluded

Price History
6/3/2024 Listed $2,399,000
6/23/2024 5% - $2,300,000

General Features

Sewer Public Sewer
Heating Central,Natural Gas,Other,Zoned
Cooling Central Air,Zoned
Utilities Water Connected
Possession Close of Escrow,Negotiable
Roof Concrete,Metal,Other,Tile
Appliances Dishwasher,Dryer,Microwave,Refrigerator,Washer
Zoning LDMR
Security Features Closed Circuit Camera(s),Secured Garage/Parking,Security System
Construction Materials Concrete,Metal Frame
Year Built 2012
Electric 3 Phase
Levels Three Or More
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Other
Additional Parcels Description 16-29-16-00000-220-41000
County Pinellas
New Construction No
Property Type Commercial Sale
Energy Efficient Appliances,Lighting
Subdivision Name NONE
Facing Direction North
Building Features Bathrooms,Elevator
Green Indoor Air Quality Air Filters MERV 10+,No Smoking-Interior Buildg,Non Toxic Pest Control
Green Water Conservation Whole House Water Purification
Other Structures Storage
Status Active
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 b
ModificationTimestamp 2024-06-23T03:07:16.353Z
City CLEARWATER
Buyer Agent Compensation 3%
Association Name none
View Y/N No
NumberOfUnitsTotal 1
MLS Area 33759 - Clearwater
Lot Size Units Square Feet
Lot Size Square Feet 5706
Waterfront Y/N No
Tax Annual Amount 22138
Property Condition Completed
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8245057
Days on Market 20
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 4100
Legal Description E 269.05FT OF N 100FT OF S 110FT OF S 1/2 OF SE 1/4 NW 1/4 OF NW 1/4 OF SEC SEC 16-29-16 LESS E 162FT THEREOF
Water View Bay/Harbor - Partial,Gulf/Ocean - Partial,Gulf/Ocean to Bay
Water Access Y/N No
Water View Y/N Yes
Flood Zone Code X

Interior Features

Flooring Carpet,Concrete,Quarry Tile
Total Stories 4
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Impact Glass/Storm Windows
LivingAreaSource Public Records

Exterior Features

Vegetation Mature Landscaping,Trees/Landscaped
Parking Features 6 to 12 Spaces,Ground Level
Lot Features Corner Lot,Landscaped,Near Golf Course
Water Source Public
Lot Size Area 5706
Foundation Details Concrete Perimeter,Slab
Number of Buildings 1
Building Area Total 9615
Lot Dimensions 105 x 100
Lot Size Acres 0.25
Road Surface Type Asphalt
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Road Frontage Type City Street,Divided Highway,Highway
Number of Lots 2
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33759

Price
AVG $1.31M
$2.3M
Taxes
AVG $13,273
$22,138
Visits
AVG 98
151
Data Provided by Inside Real Estate®
Year Built
AVG 2000
2012

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