Veterans United Realty
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1316 Cypress AVE, Virginia Beach, VA 23451

$850,000 Asking Price

3 beds
2 baths
1,300  sqft
Built in 1937

Incredible investment opportunity in a premier growth region at the Oceanfront! **Now being sold separately** 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!


Listing Status:
Pending
Date Added:
December 5, 2023 — 175 days ago
Listing Office:
Howard Hanna Real Estate Services, Kate Marks
Office Phone:
757-213-0511
MLS ID:
10512622

Features & Amenities

Interior

General:
Bar,Cathedral Ceiling,Pull Down Attic Stairs,Window Treatments
Rooms:
1st Floor BR,1st Floor Primary BR,Breakfast Area,Loft,PBR with Bath,Porch,Sun Room
Appliances:
Dishwasher,Disposal,Dryer,Microwave,Gas Range,Refrigerator,Washer
Flooring:
Ceramic,Laminate/LVP,Wood
A/C:
Central Air
Heating:
Heat Pump
Fireplace:
Fireplaces: 0

Exterior

General:
Fiber Cement,Vinyl, Corner,Guest/Carriage House,Patio
Style:
Bungalow,Cottage,Other
Pool:
In Ground Pool
Parking:
Multi Car,Driveway Spc

Construction

Roofing:
Asphalt Shingle
General:
1, Crawl,Sealed/Encapsulated Crawl Space

Location

HOA Amenities:
0.0
County:
Virginia Beach VA

Lot

Zoning:
R5D
Fencing:
Full,Privacy

Utilities

Water:
City/County
Sewer:
City/County

Financial

NA Compensation:
3

This listing courtesy of:
Howard Hanna Real Estate Services, Kate Marks

About Virginia Beach, VA

Housing

Number of Units
185,541
Median Home Value
$327,913
Median Rent
$1,239

37.28% of housing units are renter occupied.

5.83% are vacant.

Commute

Car
73.21%
Public Transportation
0.62%
Walk to Work
1.11%
Work from Home
23.50%
Other
0.99%

The median travel time to work is 20 minutes.

People

Population
449,544
Median Age
38.00
Median Household Size
2.78

Education

High School
20.58%
Associate’s Degree
11.72%
Bachelor’s Degree
22.85%
Graduate Degree
14.24%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

$749,999

  • 3 beds |
  • 2 baths |
  • 1,414 sqft

309 34th ST Virginia Beach, VA 23451

Listing by Katie Zarpas Long & Foster Real Estate Inc.
#10532555
Veterans United Homefront

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