701 12TH AVENUE N Under contract-accepting backup offers. Don’t miss this rare opportunity to build your dream home in the highly sought-after Crescent Lake neighborhood! This oversized lot backs directly onto beautiful Crescent Lake Park and qualifies for both a primary residence and an additional accessory dwelling unit (ADU), giving you flexibility for extended family, guests, or rental income. Located in Flood Zone X and a non-evacuation zone, this property offers peace of mind and long-term value. Crescent Lake Park spans 56 acres and features a scenic 2-mile trail encircling the lake, a newly renovated playground, dog park, tennis and pickleball courts, plus the Huggins-Stengel Sports Complex and TASCO Center for Teen Technology. Enjoy the convenience of walking or biking to the vibrant shops and restaurants along 4th Street and downtown St. Petersburg. This is truly an unbeatable location for living your best life. Please note: The existing home is in disrepair and should not be entered. Call today for more details or to schedule a site visit.