Development Opportunity in Cedar
For Sale
$79,000
4913 Florence Avenue, Philadelphia, PA 19143
Vacant lot in West Philadelphia, ideal for multifamily construction.
Property SizeContact for details
Days on Market376
Property Features for 4913 Florence Avenue
General Information
Standard status
Active
Property subtype
Land / Fee Simple
Zoning
RM1
Taxes and HOA fees
Annual Taxes
$1,336
Listing Agency:
HomeSmart Realty Advisors
Listed By:
Marino Polidori · License #rs318856
(267) 223-7820
Source:
Compass
Added: Aug 29, 2025
Changed: Sep 7
Last Checked: Sep 7 at 10:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Realty Advisors
Investment Insights
Based on property information with market context.
This vacant lot presents a rare development opportunity in the Cedar Park neighborhood of West Philadelphia. Zoned RM-1, the property is suitable for by-right multifamily or single-family construction. Situated on a quiet residential block off Baltimore Avenue and near University City, the location offers development potential. The property was previously approved for a 3-story, 3-unit multifamily building with roof deck access, though the zoning permit has now expired. Zoning plans, drawings, and an easement granted by the seller to a neighboring property are available. The site is surrounded by new development and is located near Clark Park, SEPTA trolley, regional rail lines, and Cedar Park. The property is being sold as-is. The buyer is responsible for all due diligence, including zoning approval and permitting. The location is near transportation options, including the airport (less than 10 miles), bus stop (less than 1 mile), metro/subway station (less than 1 mile) and commuter rail station (less than 1 mile).
Key Highlights
- Rare development opportunity in Cedar Park, West Philadelphia.
- RM‑1 zoning allows for by‑right multifamily or single‑family construction.
- Ideally located near Baltimore Ave and University City, close to transportation (SEPTA trolley, regional rail).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,076
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot in West Philadelphia, ideal for multifamily construction.
Where is this residential land & home lot located?
The property is located at 4913 Florence Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: Rare development opportunity in Cedar Park, West Philadelphia.; RM‑1 zoning allows for by‑right multifamily or single‑family construction.; Ideally located near Baltimore Ave and University City, close to transportation (SEPTA trolley, regional rail).
