2540 1ST AVENUE N St Petersburg, FL $ 1,393,500
2540 1ST AVENUE N
$ 1,393,500
Recently Listed New Construction
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2540 1ST AVENUE N

St Petersburg, FL, 33713
$ 1,393,500
Bedrooms3 Baths6.0 Sq 2,965

Monthly Estimate*

$ 8,799

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Multi-Family Home for sale in St Petersburg, FL

for $1,393,500 with 3 bedrooms and 6 full baths. This 2,965 square foot home was built in 2025 on a lot size of 0.04.

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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Multi-Family Active

Price

$ 1,393,500

Bedrooms

3

Full Bath

6

Property Type

Multi-Family

Taxes

$ 7,899

Style

Triplex

Lot Size

0.04

Year Built

2025

Town/City

St Petersburg

County/Region

Pinellas

MLS | Web ID

TB8539472

Features
General
Sewer Public Sewer
Heating Central Electric Exhaust Fan
Cooling Central Air Mini-Split Unit(s)
Utilities BB/HS Internet Available Cable Available Electricity Connected Natural Gas Connected Sewer Connected Underground Utilities
Roof Shingle
Zoning CRT-2
HOA Fee 175
Garage Spaces 2
Patio/Porch Features Patio Porch
Security Features Fire Sprinkler System Security Gate
Construction Materials HardiPlank Type Wood Frame
Pets Allowed Number Limit Size Limit Yes
Year Built 2025
View City
Levels Three Or More
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Gross Income 48000
Additional Parcels Description 23-31-16-16690-000-0040
Assoc Fee Paid Per Monthly
County Pinellas
New Construction true
Property Type Residential Income
Attached Garage false
Subdivision Name CLEMMONS COURT
Garage Y/N true
Status Active
Directions Head West on First Avenue and the homes will be on your left past 25th Avenue North.
City ST PETERSBURG
Association Name Clemmons Court
Senior Community Y/N false
MLS Area 33713 - St Pete
Lot Size Units Square Feet
Lot Size Square Feet 2000
Carport Y/N false
Listing Terms Cash Conventional
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 7899
Property Condition Completed
Ok to Lease >6 Months <12
Additional Parcels Y/N true
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8539472
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 6
Total Actual Rent 4000
Legal Description CLEMMONS COURT LOT 6 and CLEMMONS COURT LOT 4
Pet Size Limit Large (61-100 Lbs.)
Water Access Y/N false
Monthly HOA Amount 175
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities 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)
Flooring Engineered Hardwood Tile
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside Upper Level
Total Bedrooms 3
Total Baths 6
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Exterior
Exterior Amenities Balcony Fenced Irrigation System Lighting Private Entrance Rain Gutters Sidewalk
Parking Features On Street
Lot Features City Lot Near Public Transit Sidewalk Street One Way
Water Source Public
Lot Size Area 2000
Foundation Details Slab Stem Wall
Number of Buildings 2
Building Area Total 2965
Lot Size Acres 0.04
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2
Road Frontage Type Street One Way Street Paved
Number of Lots 2
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* Excluded Features
List By
Compass Florida Llc

Broker

Tess.Mullinax@compass.com

Email

Affordability Calculator

$9,457
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,799
Monthly Property Taxes
$658
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
8/17/2026 $1,393,500 Listed Price

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2540 1ST AVENUE N, St Petersburg, FL, 33713 is a Multi-Family Home for sale at $1,393,500 with 2,965 sqft and a lot size of 0.04. 2540 1ST AVENUE N has 3 bedrooms, 6.0 baths, and was built in 2025. The property's zip code is 33713 which is in St Petersburg, FL