Public Records
Edition
Philadelphia700 block of S Broad StRecords pulled July 9, 2026

House report

701 S Broad St

7 stories · 51,408 sqft · CMX3 · built 2024

Investor / LLC · assessed $13M · sold 3×. On the 700 block of S Broad St.

Street view of 701 S Broad St
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

The tax bill is temporary

Today's $18,616/yr reflects a 10-year abatement. It steps up every year and reaches about $186,161/yr in 2035 — $167,545/yr more. Price the full bill, not the current one.

If you’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

Who's behind it

Hightop Broad Acquisition LLC · corporate / LLC owner

Nothing beyond the deed name in the assessor's record — ask the AI below to trace this owner citywide.

The investment read

How this house has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the analyst below to dig into any number.

Assessed value
$13M
built 2024
Price / sq ft
$259
block $444 · below block
Appreciation
+16%
+8%/yr, city 6.5%
In 5 years (~2031)
~$13M
+8%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$19K
0.14% effective, abated
Gross yield
Times sold
3

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$10M$20MBefore this chart — 2007: Land $1.3M2020: L&I violation2024: Appeal granted with conditions 2024: Appeal granted with conditions2025: Addition and/or Alterations 2025: Addition and/or Alterations 2025: Signs (Accessory / Non-Accessory) 2025: Sign2026: New construction, addition, GFA change 2026: Antenna 2026: Addition and/or Alteration 2026: Addition and/or Alteration$13M201620222027
This houseBlock median & rangeL&I violationZoningPermit
The paper trail

Bought for $1.3M in 2007, built new under a 2025 permit (tax-abated).

  1. 2007 $1.3MLand buy
  2. 2020 L&I violationL&I
  3. 2024 Appeal granted with conditionsZoningAppeal granted with conditionsZoning
  4. 2025 Addition and/or AlterationsPermitAddition and/or AlterationsPermitSigns (Accessory / Non-Accessory)PermitSignPermit
  5. 2026 New construction, addition, GFA changePermitAntennaPermitAddition and/or AlterationPermitAddition and/or AlterationPermit

Flags: tax-abated — the bill lags real value · 2 zoning/board appeals on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $18,616/yr under a 10-year tax abatement that steps down every year. In 2035 the bill reaches its full ~$186,161/yr — a step up of $167,545/yr, 8 assessment years out. Drag the slider.

2025: ~$15,997/yr2026: ~$15,997/yr2027: ~$18,616/yr2028: ~$39,559/yr (projected)2029: ~$60,502/yr (projected)2030: ~$81,445/yr (projected)2031: ~$102,389/yr (projected)2032: ~$123,332/yr (projected)2033: ~$144,275/yr (projected)2034: ~$165,218/yr (projected)2035: ~$186,161/yr (projected)2036: ~$186,161/yr (projected)202520352036
2027~$18,616/yrfrom the record

now: ($13,299,100 assessed − $11,969,196 abated) × 1.3998% ≈ $18,616/yr 2035: $13,299,100 assessed × 1.3998% ≈ $186,161/yr The abated slice shrinks ~10% a year (post-2022 program, started 2025) — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Stories
7
Interior
51,408 sqft
livable area
Lot
8,970 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
A
assessor's grade
Zoning
CMX3
city zoning code
Zoning appeals
2
granted with conditions 2024

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 701 S Broad St takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$13M
20%
6.875%
$96K/mo

When this house last sold (2020) a 30-year mortgage ran about 3.1% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).

Next door: 711-23 S Broad St  ·  725-29 S Broad St

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — and citywide benchmarks recompute weekly; the masthead date is when this page's records were last pulled. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)