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500 REGATTA DRIVE #2540 photograph
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$974,900

500 REGATTA DRIVE #2540

Philadelphia, PA 19146

3 Beds · 2 Baths · 1,948 SF · Garage, Basement, Covered, Attached

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The condo

Unit-level detail as reported in the listing record.

Year built
2011
Ownership style
Condominium
Garage
Covered Parking,Basement Garage,Additional Storage Area
Garage spaces
1
Parking spaces
1
Flooring
Engineered Wood
Heating
Natural Gas, Forced Air
Cooling
Central Air, Electric
Accessibility features
Accessible Elevator Installed
Appliances & features
Electric Water Heater
Water
Public
Sewer
Public Sewer
Construction
Masonry

MLS reported

3-bedroom condo with 2 baths, 1,948 sq ft and garage, basement, covered, attached.

What it costs

Estimated total monthly condo cost, including the association fee, taxes, insurance and mortgage assumptions you choose.

Estimated Monthly Condo Cost
$6,808/mo
Mortgage (principal & interest)
$4,930
Property taxes
$915
Insurance
Not supplied
Monthly condominium fee
$963/mo equivalent

insurance is not supplied for this condo, so it is not included above.

Based on 20% down · 30-year loan · 6.5% assumed rate (not a quote — enter your own below)

Living here

Parking, pets, utilities and amenities exactly as the listing record reports them.

Parking
Garage, Basement, Covered, Attached
MLS reported
Pets
Number Limit, Dogs OK, Cats OK, Yes
MLS listing reported — confirm with the association
What the fee includes
Water included · MLS reported
MLS reported
Utilities
Public · Public Sewer
MLS reported

Amenities

  • Fitness Center
  • Security
  • Elevator
  • Swimming pool — Community

MLS reported

The association

Project and association detail HSM can attribute to the listing record. Anything unverified is stated as such rather than assumed.

Condominium / project name
Not supplied by the source
Awaiting verification
Parking
Garage, Basement, Covered, Attached
MLS reported
Recurring fee covers
Water included · MLS reported
MLS reported

Ownership considerations

What owning this condo involves — ongoing costs, association rules and building policies. Where HSM does not have verified information, that is stated rather than assumed.

Known

Monthly condominium fee
$963/mo
What the fee includes
Water
Parking
Garage, Basement, Covered, Attached

Needs verification

Special assessments
Not supplied
Association reserves
Not supplied
Pet policy
Not supplied
Rental / leasing policy
Not supplied

The neighborhood

Philadelphia, PA

Smart Condo Living

What living here is actually like

Transit

Rail, Metro and bus access.

Not yet independently sourced.
Dining

Restaurants and cafés nearby.

Not yet independently sourced.
Walkability

Everyday destinations on foot.

Not yet independently sourced.
Amenities

Building and community amenities.

Fitness Center, Security, Elevator, Swimming pool — Community · MLS reported
Convenience

Groceries, services and daily needs.

Not yet independently sourced.

Each factor is shown with its source. Unsourced factors are marked, never estimated.

Similar condos

3 comparable condos selected using property, cost, building and location factors.

Why this condo stands out

  • More interior space than comparable condos

    1,948 sq ft vs 1,357 sq ft average

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Listing description

Experience the pinnacle of luxury living at 500 Regatta Drive #2540, an exceptional penthouse condominium in Philadelphia’s prestigious Naval Square community. Ideally situated within a gated enclave just south of Fitler Square and only moments from University City, this highly sought-after 3-bedroom, 2-bath residence is one of only two combination layouts in the entire community. Spanning nearly 2,000 square feet on a single level, this impeccably maintained home includes a coveted indoor garage parking space and private storage locker. The home’s desirable southern exposure fills the expansive living area with warm afternoon sunshine, creating a bright and inviting ambiance. Rich hardwood flooring and abundant recessed lighting enhance the main living space. A separate dining area adjacent to the kitchen provides an ideal setting for everyday meals or entertaining family & friends. The spectacular kitchen is beautifully appointed with timeless shaker-style cherry cabinetry, a premium stainless steel appliance suite featuring a newer LG dishwasher (year?) and KitchenAid refrigerator (year?), and gleaming granite countertops. Designed with both the home chef and entertainer in mind, the kitchen offers abundant storage, a built-in pantry & a spacious center island. The luxurious owner’s suite is a true retreat, featuring an elegant tray ceiling and an extraordinary walk-in closet with custom built-in organization throughout. Exceptionally spacious and well designed, this incredible closet offers an abundance of storage. The spa-inspired owner’s bath is equally impressive, complete with dual vanities, an upgraded frameless glass shower, a corner soaking tub, and a convenient linen closet. Both additional bedrooms enjoy the same desirable southern exposure, filling each room with abundant natural light, and are complemented by luxurious Hunter Douglas window treatments. The spacious second bedroom features an entire wall of closets, while the third bedroom, appointed with beautiful French doors, offers exceptional flexibility as a nursery, guest room, or elegant home office, as shown here. The generous hall bath provides a comfortable space for guests, while the convenient laundry closet with washer and dryer, along with a dedicated linen closet, completes the space. Assigned parking space #38 and a large (3’ x 6’ x 9’) private storage locker (#51) are conveniently located just steps from the elevator in the garage. Additional highlights include a regularly maintained two-zone HVAC system for enhanced comfort and energy efficiency, along with a newer hot water heater (2020). Smart home features include an easy to use Kwikset lock.  Enjoy the convenience of a heated outdoor pool & state-of-the-art fitness center just steps from your home, with concierge services located nearby. Reception areas have just undergone a full renovation in addition to the Bainbridge Building’s full cosmetic refresh of the lobby, including new Amazon lockers, & interior hallways.  The dramatic community room in the historic Biddle Hall rotunda is the perfect venue for hosting private gatherings. Residents also enjoy the beautifully maintained 20-acre, park-like grounds featuring picnic areas, manicured gardens, and mature landscaping. A gated entrance and abundant visitor parking provide both convenience and peace of mind. Ideally located near the South Street Bridge, the property is within easy walking distance of Penn (0.7 mi), CHOP, HUP, Drexel & Rittenhouse (0.9 mi). Outstanding neighborhood dining and cafés include Rival Bros. Coffee, Friday Saturday Sunday, Illata, Pub & Kitchen, & Sabrina’s Café. The new Heirloom Market by Giant is only one block away. Just beyond the rear gate, you’ll find Schuylkill River Park, featuring the award-winning river trail and boardwalk, Markward Playground, tennis courts, and a dog park. Naval Square is also a pet-friendly community, allowing up to two pets with no weight restrictions.

Attribution. Compass Pennsylvania, LLC · — · Updated 2026-09-28

Property information is deemed reliable but not guaranteed. Independently verify all details. Display does not create a brokerage relationship.

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