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.
Lot/land
Price cut: $14K (5/29)
$179,000
722 S 49th St, Philadelphia, PA 19143
--beds
--baths
1,360Square Feet
Unimproved Land
Built in ----
1,360 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Highly visible corner parcelExcellent frontageLight exposure
- 290 days |
- 45 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Marino Polidori 267-223-7820,
HomeSmart Realty Advisors 2156041191
Source: Bright MLS,MLS#: PAPH2536772
Facts & features
Property
Lot
- Size: 1,360 Square Feet
- Dimensions: 16 x 82
- Features: Corner Lot, Corner Lot/Unit
Details
- Parcel number: 511000900
- Zoning: RM1
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Cedar Park
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $129,500
- Annual tax amount: $1,812
- Date on market: 9/17/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Negotiable,Private Financing Available,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,963/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $179,000-7.3% |
Source:  Bright MLS #PAPH2536772 Report a problem | ||
| 3/14/2026 | Price change | $193,000-2.5% |
Source: Bright MLS #PAPH2536772 Report a problem | ||
| 1/27/2026 | Price change | $198,000-16.1% |
Source: Bright MLS #PAPH2536772 Report a problem | ||
| 9/17/2025 | Listed for sale | $236,000+177.6% |
Source: Bright MLS #PAPH2536772 Report a problem | ||
| 7/24/2014 | Sold | $85,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,813 +203.3% | $129,500 +203.3% |
| 2024 | $598 | $42,700 |
| 2023 | $598 -24.6% | $42,700 |
| 2022 | $792 | -- |
| 2021 | $792 | -- |
| 2018 | $792 | -- |
| 2017 | $792 | -- |
| 2016 | $792 | -- |
| 2015 | $792 | -- |
| 2014 | $792 -76.4% | $250,400 +7352.4% |
| 2012 | $3,355 | $3,360 |
| 2011 | -- | $3,360 |
| 2010 | -- | $3,360 |
| 2009 | -- | $3,360 |
| 2008 | -- | $3,360 |
| 2007 | -- | $3,360 |
| 2006 | -- | $3,360 |
| 2005 | -- | $3,360 |
| 2004 | -- | $3,360 |
| 2003 | -- | $3,360 |
| 2002 | -- | $3,360 |
| 2000 | -- | $3,360 |
| 1999 | -- | $3,360 |
Find assessor info on the county website
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: Cedar Park
Nearby schools
GreatSchools rating
- 5/10Harrington Avery D SchoolGrades: K-8Distance: 0.5 mi
- 2/10Sayre William L Middle SchoolGrades: 9-12Distance: 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.
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A local lender can help you make sure your offer is ready when you are.
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