2540 1st Avenue NSt Petersburg, FL 33713Price: $1,393,500

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 2,588ft) . 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.