Bought with Riyadi Wibowo • Mercury Real Estate Group
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Key Details
Sold Price $54,900
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Philadelphia (South)
MLS Listing ID PAPH2571504
Sold Date 04/23/26
HOA Y/N N
Annual Tax Amount $2,071
Tax Year 2025
Lot Size 700 Sqft
Acres 0.02
Lot Dimensions 14.00 x 50.00
Property Sub-Type Land
Source BRIGHT
Property Description
Prime Development Opportunity in the Heart of Point Breeze – 1342 S Lambert St, Philadelphia, PA 19146
Unlock the potential of this well-located lot at 1342 S Lambert St, set on a quiet residential block just steps from the energy of Point Breeze. This is a strong opportunity for a developer or investor looking to build new construction in one of South Philadelphia's fastest-growing neighborhoods.
Newly built homes in the immediate area are selling strong, with after-build comps consistently closing between $500,000 and $800,000, depending on size, layout, and finishes. The numbers make sense here, and the demand is already proven.
The location is a major win. You're minutes from some of the most visited and loved spots in the neighborhood, including daily foot traffic, dining, and green space that buyers actively look for:
American Sardine Bar – a local favorite known for its food and neighborhood vibe
Dock Street Brewery South – popular for dining, drinks, and community events
Wharton Square Park – a go-to green space for families, pets, and gatherings
Passyunk Avenue – one of Philly's top dining and shopping corridors, just minutes away
Center City, the Avenue of the Arts, major highways, public transportation, and Philadelphia International Airport are all easily accessible, making this location attractive for both end users and long-term hold strategies.
This is a true build-to-sell or build-to-rent opportunity in an area surrounded by new construction and continued investment. Drive by, review the comps, run your numbers, and bring your vision to turn this into a profitable project.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX2
Exterior
Water Access N
Garage N
Building
Sewer No Septic Approved, Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 361199300
Ownership Fee Simple
Special Listing Condition Standard
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