ActiveMLS# MFR80296611147 days on market
$1,393,500
$470 / sq ft
2540 1ST AVE N
ST PETERSBURG, FL, 33713
4Bedrooms
0Bathrooms
2,965Sq Ft
2025Year Built
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About This Property

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.

Key Features

  • Built in 2025

Property Details

  • Type: Single Family Home
  • Year Built: 2025
  • Lot Size: 0 sq ft
  • Sq Ft: 2,965
  • Price / Sq Ft: $470
  • HOA: Contact Agent
  • Bedrooms: 4
  • Bathrooms: 0
  • Feature: Built in 2025
  • Status: Active
  • MLS Number: MFR802966111
  • Days on Market: 47
  • Listed By: COMPASS FLORIDA LLC · Tess Mullinax
  • Zip Code: 33713
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$1,393,5002540 1ST AVE N, ST PETERSBURG, FL
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