3087 Cherry LANE, Clearwater, FL, 33759 | $1,899,000

REDUCED for FAST SALE! 3087 Cherry Ln (mansion on a land lot) offered separately from an adjacent land lot: 3075 Cherry. there IS a combined listing offered for BOTH (rolled into ONE listing for taxation reduction purposes by Owner. ) In this sale NON-Refundable EM after Due dil would be REQUEIRED to separate the parcels which have previously been separate and CAN be separated - just takes money and time. AS IS WHERE IS no warranty purchase. Just FINE after Hurricane Idalia, Ian! Super Deal! Less than the cost of Materials!* Seller Finance in 1st position of up to 1mln available - terms apply - at BELOW Prime! Super Deal at $300 approx AC sqft not even counting 2400sqft ROOFTOP Terrace; or the garage or the cost of land! WELCOME to the RACECAR Mansion -w a Home-Based Office. Zone conversion MAY Be possible but NOT guaranteed (95% of adjoining parcels already changed bySchool/Chrch to Institutional Zone that may or may not allow educational facility, religious, Medical Office, Edu Facility, Nightclub, Asst Living etc. SAFER in HURRICANES - 33ft ELEVATION & thick Concrete FORTRESS like Walls, Water-Tight Garage and ELEVATED Residential Floors make a HUGE Difference. RACE CAR MANSION is steps to a TOP Private Highschool & is centrally Located. Cross bridge to Tampa, St Pete, Safety Harbor SPA or Clearwater Beach nearby. JETSKI fans love the 2 mnt drive toBay - great spot to back JET_SKI into the Tranquil BAY. HOST yr 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. 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 & MILLIONNAIRE who brought CAR RACING Sport to area! Money was NO object to origina owner who 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 and tech. This Spectacular Residence that WOWS the most discerning seeker, is available Fully Furnished - Turn Key Home - Bring your tooth-brush and move-in! Designer FURNISHINGS - APPLIANCES are only $79, 999 (yes Subzero, 32 TVs, AV room, Garage Tools, etc included!) ; Lease Option, ($50, 000 fee), Short & Long Term Rental from 14, 000 + utils. OVERSIZED GARAGE makes this home a Car-Enthusiast HEAVEN! red. 4 Bedrooms each w Walk-In closet & Full Bath - With 2 additional bonus half baths 100% 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 Bedrooms wi a comfortable TV lounge + laundry facilities, 4th floor MAIN Living Space ww entertainment spaces, kitchen, & dining room. Kitchen is a CHEFF'S HEAVEN feat a MIELE Oven & Gas Stovetop, Sub-zero Fridge, MARVEL wine cooler, MIELE dishwasher & ESPRESSO & Coffee maker, much more! Will u add a Pool or Hottub to the Rooftop w TERRACE overlooking Tampa Bay & Bayside Bridge? The home offers great work & office space making this LUXURY residence a perfect executive home / retreat. Check out virtual tours, youtube. Buyer to verify all info incl sqft size. Not a short sale but price is LESS than COST!

Features

  • Elevator: Y
  • Rooms: 3
  • Bedrooms: 4
  • Baths: 4 full / 2 half
  • Lot Size: 57 x 100
  • Laundry: Gas Dryer Hookup, Upper Level
  • Style: French Provincial, Traditional
  • Year Built: 2012
  • Garage: 6-car Ground Level
  • Heating: Central, Other
  • Cooling: Central Air
  • Approx Sq. Feet: 7,066
  • Acreage: 0.13
  • Lot Size: 57 x 100
  • Est. Taxes: $21,300
  • Lot Desc: Corner Lot, Near Golf Course
  • High School: Clearwater High-PN
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • MLS#: U8224729
  • Days on Market: 109 days
  • Website: https://www.raveis.com
    /eprop/U8224729/3087cherrylane_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 5/13/2024 1:47:10 PM)
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

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3087 Cherry LANE, Clearwater, FL, 33759

$1,899,000

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 $1,519,200 $1,519,200 $1,519,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.875% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.977% 6.790%
Monthly Tax Payment $1,775 $1,775 $1,775
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,231 $9,980 $13,338
Total Monthly Payment $11,131 $11,880 $15,238

* 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.