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2540 1st Ave N, St Petersburg, FL 33713
2540 1st Ave N, St Petersburg, FL 33713
2540 1st Ave N, St Petersburg, FL 33713
2540 1st Ave N, St Petersburg, FL 33713
2540 1st Ave N, St Petersburg, FL 33713
2540 1st Ave N, St Petersburg, FL 33713
2540 1st Ave N, St Petersburg, FL 33713

2540 1st Ave N St Petersburg, FL 33713

$1,393,500

ACTIVE
Beds
4
Baths
6
Sqft
2,965
Acres
0.04
Year
2025
Days on Site
24 Days
Property Type
Residential Income
Sub Type
Triplex
Per Square Foot
$470
Date Listed
Aug 17, 2026

Description of 2540 1st Ave N, St Petersburg, FL 33713

Listing details for 2540 1st Ave N, St Petersburg, FL 33713 : 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.
Listing Updated : 09-06-2026 at 2:14 PM EDT
Listing Provided By : Tess Mullinax, 727-380-2067, COMPASS FLORIDA LLC
Source :

Stellar MLS as distributed by MLS GRID, MLS#: MFRTB8539472

For more information on this listing contact us at (727) 533-5815

Property History

DateEventPrice
8/17/2026
Listed for sale
$1,393,500 0%
$470/sqft
Source:Stellar MLS #MFRTB8539472
7/27/2026
Listed for sale
$1,393,500
$470/sqft
Source:Stellar MLS #MFRTB8527011
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Based on information submitted to the MLS GRID as of 2026-09-06. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

For more information on this listing contact us at (727) 533-5815