Skip main navigation
Lot/land
  • $575,000

    2707 Federal St, Philadelphia, PA 19146

    --beds
    --baths
    3,372Square Feet
    Unimproved Land
    Built in ----
    3,372 Square Feet Lot
    $-- 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!
    289 days
    |
    19
    |
    2
    |

    Zillow last checked:

    Listing updated:

    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

        Not available

        Estimated sales range

        Not available

        $3,507/mo

        Price history

        DateEventPrice
        1/15/2026Price change$575,000-4%
        Source: Bright MLS #PAPH2539020 Report a problem
        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
        7/8/2020Listed for sale$585,000-10%
        Source: Mercury Real Estate Group #PAPH912660 Report a problem
        5/12/2020Listing removed$650,000
        Source: Mercury Real Estate Group #PAPH505820 Report a problem
        3/5/2020Listed for sale$650,000+11.1%
        Source: Mercury Real Estate Group #PAPH505820 Report a problem
        10/23/2019Listing removed$585,000
        Source: Mercury Real Estate Group #PAPH505820 Report a problem
        6/4/2019Listed for sale$585,000
        Source: Mercury Real Estate Group #PAPH505820 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        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.

        Climate risks

        Neighborhood: Grays Ferry

        Getting around

        82 / 100
        Very Walkable
        59 / 100
        Good Transit
        87 / 100
        Very Bikeable

        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel