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$179,000
Rare development opportunity in booming West Philadelphia’s Cedar Park neighborhood. Prime corner lot at 49th & Florence, zoned RM-1, offering strong by-right multifamily or single-family potential. Previously approved (zoning now expired) for a 3-story, 3-unit building with roof deck. Architectural plans, engineering drawings, and prior approvals available for reference. This highly visible corner parcel offers excellent frontage, light exposure, and design flexibility—ideal for developers seeking a clean standalone project or a larger combined development. Also available as a package with nearby 4913 Florence Ave (MLS# PAPH2538346), creating a unique opportunity to control multiple sites in close proximity. Combined acquisition offers improved layout flexibility and overall development efficiency. Seller will consider package pricing for both parcels Surrounded by active development and located just steps from Baltimore Ave, Clark Park, and multiple SEPTA transit options. Property sold as-is. Buyer responsible for all due diligence, zoning, and permitting. Agent has financial interest.

722 S 49th St, Philadelphia

Listing courtesy of HomeSmart Realty Advisors. Contact: 2156041191
$98,000
Development opportunity in West Philadelphia’s Cedar Park neighborhood. RM-1 zoned vacant lot suitable for multifamily or single-family construction. Previously approved (zoning now expired) for a 3-story, 3-unit building. Architectural plans and engineering drawings available for reference. An existing easement accommodates a neighboring structure; documentation available. Pricing reflects this condition, presenting an opportunity for experienced developers to capitalize on a well-located infill site. Also available as part of a package with nearby corner parcel at 722 S 49th St (MLS# PAPH2536772). Combined acquisition offers enhanced development flexibility and greater overall project efficiency. Seller will consider package pricing for both parcels. Conveniently located near Baltimore Ave, Clark Park, University City, and public transit. Property sold as-is. Buyer responsible for all due diligence, zoning, and permitting. Agent has financial interest.

4913 Florence Ave, Philadelphia

Listing courtesy of HomeSmart Realty Advisors. Contact: 2156041191