Property

Philadelphia, PA 19143 722 S 49Th Street

Presented By: HomeSmart Realty Advisors
  • MLS# PAPH2536772
  • 09/17/2025
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Rare development opportunity in booming West Philadelphia's Cedar Park neighborhood! Vacant corner lot at 49th & Florence, zoned RM-1, ideal for by-right multifamily or single family construction. Ideally positioned with excellent corner exposure and development potential on a quiet residential block just off Baltimore Ave and near University City. Previously approved (zoning permit now expired) for a 3-story, 3-unit multifamily building with roof deck access. Full zoning plans, ROW approval, and drawings are available upon request. Surrounded by new development and located just steps from Clark Park, SEPTA trolley, regional rail lines, and Cedar Park. Seller prefers settlement after Jan 1, 2026. Buyer is responsible for all due diligence, including zoning approval and permitting. Property is being sold strictly as-is, where-is. Can be bundled with nearby lot at 4913 Florence Ave (MLS# PAPH2538346) for a larger development play. Agent has financial interest.
Presented By: HomeSmart Realty Advisors

General for 722 S 49Th Street

Acceptable FinancingCash, Negotiable, Private, Conventional
Additional Parcels Y/NNo
CityPHILADELPHIA
CountyPHILADELPHIA
Current UseLand/Lot Only
DirectionsOn the corner of S 49th St & Florence Ave
DisclosuresAgent has Financial Interest
HOANo
Location TypeCorner Lot/Unit
Lot Size Square Feet1360.00
Lot Size UnitsSquare Feet
MLS Area19143 (19143)
ModificationTimestamp2025-09-17T08:20:39
MunicipalityPHILADELPHIA
OwnershipFee Simple
PossessionNegotiable
Possible UseApartment Building, Apartments, Multi-Family, Residential, Development
Price Per Sq Ft Total AG173.53
Property SubtypeLand
Property TypeLand
School DistrictPhiladelphia City
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameCEDAR PARK
Tax Annual Amount1812.0
Tax Assessed Value129500.0
Tax Lot122
Tax Year2025
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile
Vacation Rental Y/NNo
Water Access Y/NNo
ZoningRM1

Exterior for 722 S 49Th Street

Lot Size Acres0.00
Lot Size SourceEstimated
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $236,000
MLS#PAPH2536772
List Date 09/17/2025
Property Type Land
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