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2540 1ST AVENUE N

ST PETERSBURG, FL 33713

MLS#: TB8539472

$1,393,500

Status: Active
Listing number: TB8539472
Listing provided by: COMPASS FLORIDA LLC
Listing agent phone: None
Last update: a day ago
On site: 13 days ago
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CLEMMONS COURT - Residential Income

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

2025

Sq.Footage

2,965

Unlock a high-yield, multi-stream investment strategy in the heart of the Grand Central District. Clemmons Court introduces a revolutionary "Live-Work-Earn" model that caters to the modern professional and the portfolio-minded investor alike. Situated in a coveted Non-Flood Zone (Zone X) and Non-Evacuation Zone, this newly built city retreat offers 2,965 total square feet of thoughtful design and unmatched versatility. The primary residence is a sleek 2,050 sq ft home featuring three bedrooms, 3.5 bathrooms, engineered hardwood floors, marble finishes, and custom wood cabinetry. But the real draw lies in the TWO DISTINCT PASSIVE INCOME PLAYS BUILT DIRECTLY built directly into the site plan: INVESTMENT STREAM 1: Capitalize on the 538 sq ft ground-floor commercial retail space. With a private entrance on First Avenue N and its own half-bath, it’s a turnkey opportunity for a boutique storefront, a high-end personal office, or a steady commercial lease. INVESTMENT STREAM 2: The property includes a detached two-car garage topped by a 377 sq ft Accessory Dwelling Unit (ADU). This self-contained suite—complete with a full kitchen, bathroom, and walk-in closet—is a ready-to-go rental engine or guest house. Whether you occupy the main house and let the retail and ADU units cover your mortgage, OR LEASE ALL THREE COMPONENTS for a triple-threat ROI, the math works. The four single-family homes of Clemmons Court encircle a private, European-style courtyard, offering a quiet escape just steps from the high-energy pulse of St. Pete. You’re perfectly positioned near the city's most talked-about spots: grab coffee at Bandit, dinner at Mythos, or drinks at WildChild. This is a rare chance to own a piece of a limited-edition community designed for the future of urban living. September 2026 delivery. Maximize your portfolio with a property that works as hard as you do.

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, High Ceilings, Stone Counters, Walk-In Closet(s)

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric, Exhaust Fan

  • Pet friendly

    Number Limit, Size Limit, Yes

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    HardiPlank Type, Frame

  • Other Exterior Features

    Balcony, Lighting, Private Entrance, Rain Gutters

  • Parking

    On Street

  • Patio and Porch Features

    Patio, Porch

  • Pool

    No

  • Waterfront YN

    NO

  • View

    City

Area & Lot

  • Lot Features

    Near Public Transit, Paved

  • Lot Size(acres)

    0.04

  • Lot Size(square feet)

    2,000

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $1,393,500

  • Tax Amount

    $7,899

  • Sq. Footage

    2,965

  • Price/SqFt

    $469

HOA

  • Association

    YES

  • Association Fee

    $175

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

  • Total Monthly Fees

    $175

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    YES

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    6

  • Water Source

    Public

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Location

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Pinellas

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Listing Courtesy of Tess Mullinax , COMPASS FLORIDA LLC

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Unlock a high-yield, multi-stream investment strategy in the heart of the Grand Central District. Clemmons Court introduces a revolutionary "Live-Work-Earn" model that caters to the modern professional and the portfolio-minded investor alike. Situated in a coveted Non-Flood Zone (Zone X) and Non-Evacuation Zone, this newly built city retreat offers 2,965 total square feet of thoughtful design and unmatched versatility. The primary residence is a sleek 2,050 sq ft home featuring three bedrooms, 3.5 bathrooms, engineered hardwood floors, marble finishes, and custom wood cabinetry. But the real draw lies in the TWO DISTINCT PASSIVE INCOME PLAYS BUILT DIRECTLY built directly into the site plan: INVESTMENT STREAM 1: Capitalize on the 538 sq ft ground-floor commercial retail space. With a private entrance on First Avenue N and its own half-bath, it’s a turnkey opportunity for a boutique storefront, a high-end personal office, or a steady commercial lease. INVESTMENT STREAM 2: The property includes a detached two-car garage topped by a 377 sq ft Accessory Dwelling Unit (ADU). This self-contained suite—complete with a full kitchen, bathroom, and walk-in closet—is a ready-to-go rental engine or guest house. Whether you occupy the main house and let the retail and ADU units cover your mortgage, OR LEASE ALL THREE COMPONENTS for a triple-threat ROI, the math works. The four single-family homes of Clemmons Court encircle a private, European-style courtyard, offering a quiet escape just steps from the high-energy pulse of St. Pete. You’re perfectly positioned near the city's most talked-about spots: grab coffee at Bandit, dinner at Mythos, or drinks at WildChild. This is a rare chance to own a piece of a limited-edition community designed for the future of urban living. September 2026 delivery. Maximize your portfolio with a property that works as hard as you do.

2540 1ST AVENUE N

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