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$1,393,500
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Property Description
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.
Full Property Details
Full Property Details for 2540 1st Ave N
General
- Price: $1,393,500
- HOA FEE: $175/month
- Taxes: $7,899 (2025)
- Status: Active
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8539472
- Updated: 8/18/2026
- Added to Site: 9 day(s) ago
Rental Information
- Lease/Rent Term: >6 Months <12
Interior
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Kitchen and Family Room Combination, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
- Flooring: Engineered Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Upper Level
Additional Information
- Security/Safety: Fire Sprinkler System, Security Gate
Exterior
- Exterior Features: Balcony, Fenced, Irrigation System, Lighting, Private Entrance, Rain Gutters, Sidewalk
- Deck/Patio: Patio, Porch
- Porch/Patio/Deck: Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: On Street
Location
- Area: 33713 - St Pete
- County: Pinellas
- Development Name: 33713 - St Pete
- Subdivision: CLEMMONS COURT
- Driving Directions: Head West on First Avenue and the homes will be on your left past 25th Avenue North.
Community
- Community Name: 33713 - St Pete
- Association: Yes
- Assoc. Name: Clemmons Court
- Number of Pets: 3
- Pet Restrictions: No more than 3 pets per home (including ADU). No pet shall weigh over 70 lbs., / 70lbs.
Heating & Cooling
- Cooling Type: Central Air, Mini-Split Unit(s)
- Heating Type: Central, Electric, Exhaust Fan
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities
Structural Information
- # Buildings: 2
- Exterior Const.: HardiPlank Type, Wood Frame
- Roof: Shingle
- Stories/Levels: Three Or More
- Square Feet: 2,965
- Sq. Ft. Source: Builder
- Year Built: 2025
Lot Features
- Property View: City
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 2,000
- Lot Size: 2000
- Frontage: Street One Way, Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $175
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $7,899
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: CLEMMONS COURT LOT 6 and CLEMMONS COURT LOT 4
- Flood Zone Info: X
- APN: 233116166900000060
- Property ID: 233116166900000060
- Block/Lot/Section: 69
Listed by Compass Florida Llc
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Schools
Schools serving 2540 1st Ave N
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Woodlawn Elementary School, St. Petersburg, FL 1600 16th St N, St. Petersburg, FL 33704 | PK-5 | 1.3 mi |
John Hopkins Middle School 701 16th St S, St. Petersburg, FL 33705 | 6-8 | 0.9 mi |
St. Petersburg High School 2501 5th Ave N, St. Petersburg, FL 33713 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2540 1st Ave N
Date
Details
Price
Change
Source
8/17/2026
Listed
$1,393,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2540 1st Ave N
2540 1st Avenue N, Saint Petersburg, FL 33713 (MLS# TB8539472) is a Triplex property with 4 bedrooms and 0 full bathrooms. 2540 1st Avenue N is currently listed for $1,393,500 and was received on August 17, 2026. Want to learn more about 2540 1st Avenue N? Do you have questions about finding other Triplex real estate for sale in Saint Petersburg? You can browse all Saint Petersburg real estate or contact a Coldwell Banker agent to request more information.

