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Lot/land
  • Price cut: $100K (11/26)
    $599,000

    2707 Federal St, Philadelphia, PA 19146

    --beds
    --baths
    3,372Square Feet
    Unimproved Land
    Built in ----
    3,372 Square Feet Lot
    $590,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    2707 Federal Street is located in a qualifying Opportunity Zone. Attention builders, developers, and investors — here’s your chance to secure a prime development opportunity in the heart of Grays Ferry, one of Philadelphia’s most rapidly transforming neighborhoods. Construction is booming all around, with new residential and mixed-use projects reshaping the area and driving demand higher every day. This offering provides approvals and potential to build 9 modern residential units, perfectly positioned to capture the wave of growth. The site sits in a high-demand corridor with projects underway on nearly every block, offering unmatched opportunity for those ready to take advantage. With easy access to University City, Center City, Penn, Drexel, and CHOP, the location is ideal for buyers and renters alike. The area’s strong rental and resale demand makes this a smart investment, whether you’re looking to hold or exit. With new projects breaking ground across the neighborhood, this is a rare opportunity to get in on the action. Don’t miss your chance to develop in one of Philadelphia’s hottest growth markets!
    87 days
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    62
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    4
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    Zillow last checked: 8 hours ago

    Listing updated: November 26, 2025 at 08:42am

    Listed by:

    Martino Picariello 856-625-3238,

    KW Empower 215-627-3500

    Source: Bright MLS,MLS#: PAPH2539020MLS Logo

    Facts & features

    Property

    Lot
    • Size: 3,372 Square Feet
    Details
    • Parcel number: 362026100
    • Zoning: I2
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Public Septic
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Grays Ferry
    HOA
    • Has HOA: No
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Tax assessed value: $209,800
    • Annual tax amount: $2,937
    • Date on market: 9/18/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Estimated market value

    $590,400

    $561,000 - $620,000

    $1,953/mo

    Price history

    Price history
    DateEventPrice
    11/26/2025Price change$599,000-14.3%
    Source: Bright MLS #PAPH2539020 Report a problem
    11/4/2025Price change$699,000-28.3%
    Source: Bright MLS #PAPH2539020 Report a problem
    10/7/2025Price change$975,000-27.8%
    Source: Bright MLS #PAPH2539020 Report a problem
    9/18/2025Listed for sale$1,350,000+130.8%
    Source: Bright MLS #PAPH2539020 Report a problem
    8/5/2020Listing removed$585,000
    Source: Mercury Real Estate Group #PAPH912660 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: Grays Ferry

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: The School District Of Philadelphia

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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