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$1,393,500
4 Beds ⋅ 6 Baths ⋅ Clemmons Court SubDv. ⋅ 33713 Zip Code
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.

2540 1st Avenue N, St Petersburg
$1,393,500
4 Beds ⋅ 6 Baths ⋅ Clemmons Court SubDv. ⋅ 33713 Zip Code
Under Construction. Non-Flood Zone, Non-Evacuation Zone. Discover a newly developed city retreat at Clemmons Court, FOUR Single Family Homes surrounding a RESIDENT’S ONLY European Style courtyard; located in the vibrant heart of the Grand Central District. In total, this house spans 2,965 square feet. This luxury three Bedroom 3.5 bathroom house offers the unique opportunity to generate TWO PASSIVE INCOME STREAMS, if desired. The ground floor seamlessly integrates a 538 square foot COMMERCIAL RETAIL SPACE, accessible via a separate entrance on First Avenue N. This versatile office space, complete with its own half bathroom, is perfect for leasing or personal home office (in total the house and retail space are 2,588ft²) . The SECOND INCOME OPPORTUNITY is the 377 square foot Accessory Dwelling Unit (ADU) sitting atop your DETACHED TWO-CAR garage. This self-contained suite boasts a full kitchen, full bathroom, and walk-in closet ideal for guests or rental income. In the house, all rooms are complete with Engineered Hardwood (except the ADU) or marble flooring, wood cabinetry, marble countertops in the kitchen, wallpapered powder bath, washer dryer in home and hookup in the ADU. There is no development like Clemmons Court in the Tampa Bay Area and once you walk the property, you can't help but fall in love with this small COMMUNITY. Clemmons Court ffers an unparalleled blend of vibrant city life and tranquil retreat, with effortless access to the Grand Central District's diverse offerings. Great for a group of friends who want to live in a community together or a savvy investor! Enjoy dining at local favorites like Wild Child, Pistil House, and Smallbar, explore art at the Imagine Museum, or relax at cozy coffee spots like Bandit and Pour and Decor. Non-Flood Zone (X) and Non-Evacuation Zone. Expected Move-In Date for All Four Houses is September 2026.

2540 1st Avenue N, St Petersburg