$1,393,500
2540 1st Avenue
St Petersburg, FL 33713
Listing updated: September 6, 2026 at 1:05 PM ET
Listing courtesy of Compass Florida Llc · Tess Mullinax · MLS #TB8539472 · Active · 727-380-2067Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history20 days on market
- Status: ActiveAug 17, 2026
- Listed$1,393,500Aug 17, 2026
- Price increased$1,393,500
Facts & features
- Property type
- Residential Income
- Sub type
- Triplex
- Status
- Active
- Days on market
- 20
- Subdivision
- Clemmons Court
- County
- Pinellas
- Year built
- 2025
- Living area
- 2,965 sq ft
- Price/sq ft
- $470
- Lot size
- 2,000 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Garage
- 2 spaces
- Annual taxes
- $7,899 (2025)
- Parcel #
- 23-31-16-16690-000-0060
- Zoning
- CRT-2
- MLS #
- TB8539472
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Interior Details
- Bedrooms
- 4
- Flooring
- Hardwood, Tile
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
- Laundry
- Inside, Upper Level
- Stories / Levels
- Three Or More
- New construction
- Yes
Heating & Cooling
- Heating
- Central, Electric, Exhaust Fan
- Cooling
- Central Air, Mini-Split Unit(s)
Parking
- Garage spaces
- 2
- Attached garage
- No
- Parking features
- On Street
HOA & Financial
- HOA fee
- $175 / Monthly
- Monthly HOA
- $175/mo
- Total monthly fees
- $175/mo
- Total annual fees
- $2,100
- HOA name
- Clemmons Court
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
Exterior & Construction
- Exterior features
- Balcony, Fence, Lighting, Private Entrance, Rain Gutters, Sidewalk
- Construction materials
- HardiPlank Type, Frame
- Roof
- Shingle
- Foundation
- Slab, Stem Wall
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities
Community
- Pets allowed
- Number Limit, Size Limit, Yes
Listing Details
- Listing date
- 2026-08-17
- On market date
- 2026-08-17
- Original list price
- $1,393,500
- MLS area
- 33713 - St Pete
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-08-17
- Tax legal description
- CLEMMONS COURT LOT 6 and CLEMMONS COURT LOT 4
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head West on First Avenue and the homes will be on your left past 25th Avenue North.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of September 6, 2026 at 1:05 PM ET. 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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