
$775,000
50 S 16th St #5103, Philadelphia, PA 19102
Listed by Compass Pennsylvania, LLC
Welcome to luxurious urban living at its finest in the heart of Philadelphia! This exquisite 2-bedroom, 2-bathroom condo at The Estate Homes at Parc Rittenhouse offers an unparalleled lifestyle with a perfect blend of comfort and convenience. This property is currently tenant-occupied with a lease in place through March 1, 2027, offering immediate and consistent rental income for the next owner. A true turnkey investment opportunity, ideal for those seeking a well-maintained property with built-in stability from day one. Step inside to discover a spacious, open-concept living area that seamlessly connects to a modern kitchen and large dining room, ideal for entertaining guests. The kitchen has a peninsula with room for seating and is equipped with a Bertazzoni gas range, Thermador refrigerator, gorgeous white cabinetry, as well as quartz countertops and a white chevron tiled backsplash. The spacious primary bedroom has a Juliet balcony and a large walk-in closet. The ensuite bathroom features a vanity with quartz countertops, and an oversized glass walk-in shower with tiled floor. The second bedroom also has a Juliet balcony and a spacious closet. There is an additional full bath near the second bedroom for added convenience. This unit also features stunning hardwood floors, LG stacked washer/dryer, recessed lighting and high-architectural ceilings. Residents of The Estate Homes at Parc Rittenhouse benefit from exclusive access via two secure elevators serving just 20 residences, offering direct entry to the garage, lobby, and amenities floor. These units enjoy the same amenities as other Parc Rittenhouse residents, including a 24-hour doorman and concierge service, a landscaped 7th-floor rooftop with an outdoor pool, spa, children's pool, and a sundeck with lounge chairs. Additionally, there is a brand new state-of-the-art fitness center, a conference room, and a media room. Garage parking is available below the building for an additional fee and there is a beautiful lobby area at the entrance. Located in a prime area, you'll have easy access to Philadelphia's finest dining, shopping, and cultural attractions. The location is also convenient to the Market Street office corridor, The Avenue of the Arts, and University City, with 30th Street Station and Philadelphia International Airport just minutes away. Finally, 7 years remain on the 10 year tax abatement! Schedule a viewing today and experience the best of city living!
| Date | Event | Price |
|---|---|---|
| Aug 8, 2025 | Listed for sale | $925,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
Recorded property taxes: $7,000 (2024 bill as recorded in the MLS).
Loan term
Estimated monthly payment
$5,496/mo
Taxes use the amount recorded on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.
School district
The School District Of Philadelphia
2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Philadelphia County crime & safety numbers →
County figures from FBI and Pennsylvania source data.
Property taxes
Philadelphia County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.
IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.
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Data last updated: July 12, 2026 at 2:19 PM EDT
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