3075,3087 CHERRY LANE, CLEARWATER FL 33759

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$1,999,999

3075,3087 CHERRY LANE, CLEARWATER, FL 33759

bedrooms

bathrooms

square feet

6,900

Acreage

0.25

Open Houses

year built

2012

Full Baths

Half Baths

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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

Location
Subdivision	NONE
County	Pinellas
Elementary School	-
Middle School	-
High School	-

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MLS number: U8245057

Listing agent: Anna Nevtonova #3252443

Listing broker: Keller Williams St. Pete Realty (727) 894-1600

Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, January 26 2025 at 8:53 p.m. EST

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