Active

$1,393,500

Features:
  • 3 Bedrooms
  • 6 Bathrooms
  • 2965 sq ft
Overview
  • ID: MFRTB8539472
  • Bedrooms: 3
  • Bathrooms: 6
  • Size: 2965 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$1,393,500
HOA Fee:
175
Tax Amount:
$7899
Price per SqFt:
$469.98
Tax Legal Description:
CLEMMONS COURT LOT 6 and CLEMMONS COURT LOT 4
Exterior Features
Lot Size:
2000
Lot Features:
City Limits, Near Public Transit, Sidewalk, Street One Way, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
On Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
6
Heating:
Central, Electric, Exhaust Fan
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
Hardwood, Tile
Levels:
Three Or More
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
2025
Construction Type:
HardiPlank Type, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Fence, Lighting, Private Entrance, Rain Gutters, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    2540 1ST AVE N
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