Residential Land for Sale in Philadelphia, Pennsylvania

Prime South Philadelphia Development Lot - Value-Add Opportunity Rare opportunity to acquire a vacant RM-1 zoned lot at 2708 Latona Street in rapidly developing South Philadelphia. Surrounded by ongoing residential construction and strong rental demand, this site is well-suited for a small multifamily or high-yield infill project. While RM-1 zoning is in place, lot size may require a variance-presenting a clear value-add opportunity for an experienced developer comfortable navigating Philadelphia's entitlement process. Seller is motivated and willing to include architectural drawings and development consulting services with the right offer, giving a buyer a significant head start toward shovel-ready status. This is an ideal opportunity to shorten timelines, reduce pre-development risk, and capitalize on neighborhood momentum. Perfect for builders, investors, or owner-developers looking to control basis and unlock upside in a proven South Philly submarket. Buyer responsible for due diligence.