$850,000
$850,000
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3 Beds
2 Baths
1,300 SqFt
SOLD DATE : 06/20/2024
Key Details
Sold Price $850,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $653
Subdivision Beach Borough
MLS Listing ID 10512622
Sold Date 06/20/24
Style Bungalow,Cottage,Other
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1937
Annual Tax Amount $9,000
Property Description
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!
Location
State VA
County Virginia Beach
Area 43 - Northeast Virginia Beach
Zoning R5D
Rooms
Other Rooms 1st Floor BR, 1st Floor Primary BR, Breakfast Area, Loft, PBR with Bath, Porch, Sun Room
Interior
Interior Features Bar, Cathedral Ceiling, Pull Down Attic Stairs, Window Treatments
Hot Water Gas
Heating Heat Pump
Cooling Central Air
Flooring Ceramic, Laminate/LVP, Wood
Appliance Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
Exterior
Exterior Feature Corner, Guest/Carriage House, Patio
Garage Multi Car, Driveway Spc
Fence Full, Privacy
Pool In Ground Pool
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Parking Type Multi Car, Driveway Spc
Building
Story 1.0000
Foundation Crawl, Sealed/Encapsulated Crawl Space
Sewer City/County
Water City/County
Schools
Elementary Schools W.T. Cooke Elementary
Middle Schools Virginia Beach Middle
High Schools First Colonial
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Bought with CENTURY 21 Nachman Realty