2540 1st Avenue N ST. PETERSBURG, FL 33713-8702

4

Beds

6

Baths

2,965

Square feet

0.04

Acres

$1,393,500

About 2540 1st Avenue N

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.

Residential Income home for sale in ST. PETERSBURG, FL at 2540 1st Avenue N. This 4 bedroom Residential Income home is priced at $470/sqft

Features of 2540 1st Avenue N

MLS® # TB8539472
Price $1,393,500
Bedrooms 4
Bathrooms 6.00
Square Footage 2,965
Acres 0.04
Year Built 2025
Type Residential Income
Sub-Type Triplex
Status Active

Community Information: St. Petersburg

Address 2540 1st Avenue N
Area St Pete
Subdivision CLEMMONS COURT
City ST. PETERSBURG
County Pinellas
State FL
Zip Code 33713-8702

Amenities of 2540 1st Avenue N

Parking On Street
# of Garages 2
View City
Is Waterfront No
Has Pool No
Senior Community No

Interior of 2540 1st Avenue N

Interior Features Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
Heating Central, Electric, Exhaust Fan
Cooling Central Air, Mini-Split Unit(s)
Fireplace No

Exterior of 2540 1st Avenue N

Exterior Features Balcony, Fenced, Irrigation System, Lighting, Private Entrance, Rain Gutters, Sidewalk
Lot Description City Lot, Near Public Transit, Sidewalk, Street One Way
Roof Shingle
Foundation Slab, Stem Wall

Additional Information On 2540 1st Avenue N

Date Listed August 17th, 2026
Days on Market 25
Zoning CRT-2
Flood Zone Code X
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 175
HOA Fees Freq. Monthly

Listing Details

OfficeCOMPASS FLORIDA LLC

Map To 2540 1st Avenue N, ST. PETERSBURG

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