2540 1st Avenue N, Saint Petersburg, FL 33713
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by: tess mullinax
Office: compass florida llc.
MLS#:TB8539472
Source:MFRMLS
Price summary
- Price:$1,393,500
- Price per sq. ft.:$469.98
- Monthly HOA dues:$175
About this home
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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Home facts
- Year built:2025
- Subdivision & Development:CLEMMONS COURT
- Listing ID #:TB8539472
- Added:5 day(s) ago
- Updated:August 22, 2026 at 10:49 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:6
- Flooring:Hardwood, Tile
- Dining Description:Eat In Kitchen
- Kitchen Description:Eat-in Kitchen, Kitchen/Family Room Combo, Solid Wood Cabinets, Stone Counters
- Bedroom Description:High Ceilings, Primary Bedroom Upstairs, Walk-In Closet(s)
- Living area:2,965 sq. ft.
Heating and cooling
- Cooling:Central Air, Mini-Split Unit(s)
- Heating:Central, Electric, Exhaust Fan
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2025
- Building area:2,965 sq. ft.
- Lot area:0.04 Acres
- Lot Features:Near Public Transit, Paved, Sidewalk
- Construction Materials:Frame, Hardi Plank Type
- Exterior Features:Balcony, Fence, Lighting, Patio, Porch, Rain Gutters, Sidewalk
- Foundation Description:Slab, Stem Wall
- Levels:Three Or More Story
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,393,500
- Price per sq. ft.:$469.98
- Tax amount:$7,899 (2025)
Features and amenities
- Appliances:Irrigation Equipment
- Laundry features:Inside, Laundry Upper Level
- Amenities:BB/HS Internet Available, Cable Available, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Irrigation Equipment, Kitchen/Family Room Combo, Natural Gas Connected, Primary Bedroom Upstairs, Solid Wood Cabinets, Stone Counters, Thermostat, Underground Utilities, Walk-In Closet(s)
- Pool features:Public Pool
Parking
- Parking description:On Street
- Garage:Yes
- Garage spaces:2
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