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$729,900

Welcome to the highly sought-after Crescent Lake neighborhood, where historic charm meets modern convenience. This coveted 50' x 120' corner lot is ideally positioned directly across from picturesque Crescent Lake Park, offering beautiful park views and a rare opportunity to create a custom residence in one of St. Petersburg’s most desirable neighborhoods. Located in a high-and-dry, non-evacuation zone, this exceptional homesite provides peace of mind along with the flexibility to build your dream home with the builder of your choice. Nestled along a quiet, tree-lined street with sidewalks and alley access, the property is framed by mature trees and offers excellent flexibility for garage placement or the potential addition of an Accessory Dwelling Unit (ADU), subject to zoning and approvals. Just steps from your future front door, Crescent Lake Park offers expansive green space, scenic walking paths, tennis and pickleball courts, playgrounds, a baseball field, and a dog park. Enjoy the best of both worlds with a peaceful residential setting just moments from the shops, restaurants, and entertainment along the 4th Street corridor, while downtown St. Pete and the Gulf beaches are only a short drive away. Whether envisioning a timeless bungalow, sophisticated contemporary residence, or something entirely your own, this exceptional homesite is ready to bring your vision to life. Opportunities to build directly across from Crescent Lake are rare. Don’t miss your chance to create something truly special in a location that perfectly blends charm, convenience, and community.

Crescent Lake Rev SubDv. ⋅ 33704 Zip Code

1949 5th Street N, St Petersburg

$945,000

Perfectly positioned just two blocks from Crescent Lake Park, this charming and beautifully maintained 1920s bungalow offers the rare combination of historic character, modern updates, and exceptional income-producing potential in one of St. Petersburg's most sought-after neighborhoods. The property features a thoughtfully updated 2-bedroom, 2-bath main residence with just under 1,600 square feet of living space, along with a fully equipped detached 1-bedroom, 1-bath accessory dwelling unit (ADU) offering approximately 650 square feet. Whether used for rental income, multigenerational living, a private guest retreat, or home office, the ADU provides incredible flexibility and value. The main home is filled with timeless charm, featuring original hardwood floors, a wood-burning fireplace, abundant natural light, and a spacious dining room highlighted by original tile flooring and walls of windows. The modern open-concept kitchen is equipped with stainless steel appliances and flows seamlessly into the home's inviting living spaces. Additional highlights include an indoor laundry room with ample storage, a large covered front porch spanning the full width of the home, and a wraparound rear porch overlooking the backyard with new decking and a newly installed paver patio—perfect for outdoor entertaining. Outside, you'll find a new, large paver driveway for off-street parking, well-fed irrigation, landscape lighting, and mature landscaping that enhances the property's curb appeal. The detached ADU offers its own private alley access, dedicated parking, separate entrance, screened porch, full kitchen, loft-style bedroom, and two independent HVAC systems, including a ductless mini-split, creating a comfortable and private living experience. Steps from Crescent Lake, locals enjoy the walking trails, green space, dog park, tennis courts, pickleball courts, and lakefront playground. Located just minutes from vibrant downtown St. Petersburg, and the bustling 9th & 4th Street corridor, waterfront parks, restaurants, shopping, and entertainment, this move-in-ready property presents a rare opportunity to own a character-filled home with immediate income potential in the heart of Crescent Lake. No flood insurance required.

3 Beds ⋅ 3 Baths ⋅ Crescent Lake SubDv. ⋅ 33704 Zip Code

871 17th Avenue N, St Petersburg