1949 5TH Street N 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.