(813) 485-4255
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mike@mikeandmichelleteam.com

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$1,393,500
20 Days On Site

2540 1ST AVENUE N
ST PETERSBURG, FL 33713

For Sale|Triplex|Active
4
Beds
6
Total Baths
2,965
SqFt
$470
/SqFt
2025
Built
Subdivision:
CLEMMONS COURT
County:
Pinellas

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(813) 485-4255
2540 1ST AVENUE N2540 1ST AVENUE N2540 1ST AVENUE N2540 1ST AVENUE N
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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.

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Listing Snapshot
Price 
$1,393,500
Days On Site 
20 Days
Bedrooms 
4
Inside Area (SqFt) 
2,965 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.04 Acres
Year Built 
2025
MLS® Number 
TB8539472
Status 
Active
Property Tax 
$7,899
HOA/Condo/Coop Fees 
$175 monthly
Sq Ft Source 
Builder
Friends & Family
Recent Activity
20 hours agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.04
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Levels 
Three Or More
Parking 
On Street
Pets 
Number LimitSize LimitYes
Property Condition 
New Construction
Property Sub Type 
Triplex
Security 
Fire Sprinkler SystemSecurity Gate
Sewer 
Public Sewer
SqFt Total 
2965
Utilities 
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedUnderground Utilities
Water Source 
Public
Zoning 
CRT-2
Interior Features
Cooling 
Central Air
Flooring 
HardwoodTile
Heating 
CentralElectricExhaust Fan
Interior 
Eat-in KitchenHigh CeilingsStone CountersWalk-In Closet(s)
Laundry Features 
InsideUpper Level
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Exterior Features
Construction Details 
HardiPlank TypeFrame
Exterior 
BalconyLightingPrivate EntranceRain Gutters
Lot Features 
Near Public TransitPaved
Patio And Porch 
PatioPorch
Roof 
Shingle
View 
City
Waterview 
City
Community Features
Association Dues 
175
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
33713 - St Pete
Roads 
Paved
Township 
31
Listing courtesy of COMPASS FLORIDA LLC (727) 599-3617



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-09-07 08:42 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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