2540 1ST AVE N, ST PETERSBURG, FL, 33713
$1,393,500
Residential Income
|
Bedrooms
3
|
Bathrooms
6
|
Living Area
2,965 Sqft
|
Lot Size
2,000 Sqft
|
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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8539472 | Year Built: | 2025 | |
| Construction Materials: | HardiPlank Type, Frame | Cooling: | Central Air, Mini-Split Unit(s) | |
| Country: | US | County Or Parish: | Pinellas | |
| Exterior Features: | Balcony, Fence, Lighting, Private Entrance, Rain Gutters, Sidewalk | Flooring: | Hardwood, Tile | |
| Foundation Details: | Slab, Stem Wall | Heating: | Central, Electric, Exhaust Fan | |
| Laundry Features: | Inside, Upper Level | Lease Term: | 6-12 Month | |
| Levels: | Three Or More | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Lot Features: | City Limits, Near Public Transit, Sidewalk, Street One Way, Paved | |
| Other Equipment: | Irrigation Equipment, Private Entrance | Parking Features: | On Street | |
| Patio And Porch Features: | Patio, Porch | Pets Allowed: | Number Limit, Size Limit, Yes | |
| Property Condition: | Completed | Property Sub Type: | Triplex | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Shingle | Security Features: | Fire Sprinkler System, Security Gate | |
| Sewer: | Public Sewer | Showing Requirements: | Call Listing Agent, Listing Agent Must Accompany, ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities | |
| View: | City | Water Source: | Public | |
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