$850,000
Active Under Contract
44 Days Online
3 Beds2 Baths4,298 SQFT
Active Under Contract

1316 Cypress Avenue Virginia Beach, VA 23451

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Incredible investment opportunity in a premier growth region at the Oceanfront! In the heart of Virginia Beach's ViBe District, eight blocks to the ocean and near the new Wave Park site. Experience the magic of this impeccably curated, one of a kind designer haven that includes 2 pink bungalows plus a heated saltwater pool. Blending luxury design w/ southern charm, this property gifts both owners and renters an unmatched and inspired experience. 1316 Cypress Ave is permitted for short term rentals earning 130K/yr in 2022 and 123K in 2023 YTD. Expertly marketed in both print and televised media, this turnkey rental sanctuary earns a good return while land appreciates and has established followers. Seeing is believing when walking through these exceptionally designed bungalows!

  • Property TypeSingle Family Home
  • NeighborhoodBeach Borough
  • CountyVirginia Beach City
  • Taxes$9,000
  • HOA/Condo/Coop Fees$0
  • Days on Site44 Days
  • MLS StatusActive Under Contract
  • MLS ID NumberVAVB2000396
  • Home Size Source Estimated
  • Year Built1937
  • Lot Size0.31 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Style Bungalow
  • Construction Vinyl Siding
  • Parking Driveway
  • Sewer Public Sewer
  • Number of Stories 2
  • Acreage 0.31
  • Water Public
  • Cross Street 14th St
  • Property Sub Type Single Family Residence
  • Attached Garage No
  • Zoning R5D

Interior Features

  • Cooling Central A/ CElectric
  • Heating Heat Pump(s)Electric

Exterior Features

  • Fencing Wood
  • Pool true
  • Spa No
  • Pool Features HeatedSaltwaterPrivate Pool
  • Waterfront Property No
  • Private Pool true
  • Exterior Exterior LightingStreet LightsSidewalks
  • Patio And Porch Patio(s)Porch(es)

Community Features

  • Senior Community No

Schools

School District
VIRGINIA BEACH CITY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$4,538
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