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!
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
- 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#: PAPH2539020
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
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Price change | $575,000-4% |
Source: | ||
| 11/26/2025 | Price change | $599,000-14.3% |
Source: | ||
| 11/4/2025 | Price change | $699,000-28.3% |
Source: | ||
| 10/7/2025 | Price change | $975,000-27.8% |
Source: | ||
| 9/18/2025 | Listed for sale | $1,350,000+130.8% |
Source: | ||
| 8/5/2020 | Listing removed | $585,000 |
Source: Mercury Real Estate Group #PAPH912660 Report a problem | ||
| 7/8/2020 | Listed for sale | $585,000-10% |
Source: Mercury Real Estate Group #PAPH912660 Report a problem | ||
| 5/12/2020 | Listing removed | $650,000 |
Source: Mercury Real Estate Group #PAPH505820 Report a problem | ||
| 3/5/2020 | Listed for sale | $650,000+11.1% |
Source: Mercury Real Estate Group #PAPH505820 Report a problem | ||
| 10/23/2019 | Listing removed | $585,000 |
Source: Mercury Real Estate Group #PAPH505820 Report a problem | ||
| 6/4/2019 | Listed 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
Nearby schools
GreatSchools rating
- 6/10Marian Anderson Neighborhood AcademyGrades: K-8Distance: 0.7 mi
- 8/10GampGrades: 5-12Distance: 1.2 mi
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.
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19146
- Grays Ferry
- 2707 Federal St







