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    2429 South St Philadelphia, PA 19146

    For Sale
    $3,250,000

    LAND - PHILADELPHIA, PA

    Lot size:
    0.12 Acres
    Days on Market:
    133
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 2429 South St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.12 Acres

    OCF Realty (609) 780-1172 [email protected]

    Listing agent Dennis J Carlisle (215) 735-7368 License #RS330429

    Listing date Jul 28, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fitler Square Multifamily Development Opportunity

    This corner property, encompassing 5,200 square feet, is available for sale. It is located in Philadelphia's Fitler Square neighborhood, fronting South Street, 25th Street, and Naudain Street. Historically used as a retail building, the site is zoned RM-1, Residential MultiFamily, allowing for the construction of an apartment or condo building, townhomes, or a combination thereof. The location provides access to shops, cafes, restaurants, parks, the Philadelphia School, Heirloom Market, Amazon Hub, the UPenn and CHOP campuses, and the Schuylkill River Trail. Additionally, the site offers convenient access to I-76 and various transit options. This property presents an opportunity for redevelopment in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Law Firm Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.18166
    Latitude
    39.94594

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    FAQs

    What type of property is this?
    Residential land & home lot - Corner lot in Fitler Square suitable for multifamily development.
    Where is this residential land & home lot located?
    The property is located at 2429 South St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - Large 5,200 sq ft corner property in desirable Fitler Square neighborhood.; - RM-1 zoning allows for by-right development of apartments, condos, or townhomes.; - Unrivaled location with walkability to shops, cafes, restaurants, parks, and schools.
    (215) 735-7368
    Request Owner's contact information
    2429 South St Philadelphia, PA 19146
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    Philadelphia, PA 19146
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2429 South St Philadelphia, PA 19146
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