• 1312 Cypress Ave VIRGINIA BEACH, VA 23451

  • $1,150,000
  • 5
    Bed(s)
  • 4.0
    Baths
  • 0
    Sq Ft
  • 8154.4
    Sqft

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 4 pink bungalows w/ 3 rental units on the lot. Blending luxury design w/ southern charm, this property gifts both owners and renters an unmatched and inspired experience. 1312 Cypress Ave has 3 yearly rental units and is priced based on 2023 appraisal, also has the potential as an event space. 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 Type :

Residential

Subdivision :

Beach Borough

County :

VIRGINIA BEACH CITY

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 5

Master Bedroom Level: 5

Bathroom Information

Total Baths: 4

Full Baths: 4

Water/Sewer

Water Source : Public

Heating & Cooling

Cooling: Central A/C,Heat Pump(s)

Heating: Heat Pump(s)

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Year Built: 1937

Structure: Detached

New Construction: No

Built: 1937

Construction Material: Fiber Cement

Foundation/Basement: Crawl Space

Architecture: Bungalow

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 8,154

Lot Size (Acres): 0.19

Architectural Style: Bungalow

Main Square Feet: 8,154

Property Information

SQ ft: 1,860

SQ ft (Living Area): 1,860

Total Lot SQ ft: 8,154

Subdivision: BEACH BOROUGH

Total Acreage: 0.19

New Construction: No

Type: Bungalow

Listing Information

Possession: Settlement

Days Of Market: 13

Tax Information

Annual Tax: $4,979

Tax Year: 2024

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $659,500

Parking Information

Parking Type: Driveway

Has Garage: N

Homeowners Association Information

Direction: Located in the Vibe District 8 blocks from the ocean. From Norfolk Avenue, turn onto Cypress Ave and the home is on the corner of Cypress Avenue and 14th St.

School Information

School District: VIRGINIA BEACH CITY PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Natural Gas

Location Information

Direction: Located in the Vibe District 8 blocks from the ocean. From Norfolk Avenue, turn onto Cypress Ave and the home is on the corner of Cypress Avenue and 14th St.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
210 59th St #B, Virginia Beach, VA,23451 $600,000 3 2.0 -- --
1316 Cypress Avenue , Virginia Beach, VA,23451 $850,000 3 2.0 -- 13630 Sqft
3288 Page Ave #314, Virginia Beach, VA,23451 $299,999 2 2.0 -- --
6209 Ocean Front Avenue , Virginia Beach, VA,23451 $1,800,000 4 3.5 -- --

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/29/2024 @ 22:59

MLS: VAVB2000400
LISTED BY: Maria A Kelly , Compass
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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