1316 Cypress Avenue Virginia Beach, VA $ 850,000
1316 Cypress Avenue
$ 850,000
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1316 Cypress Avenue

Virginia Beach, VA, 23451
$ 850,000
Bedrooms3 Baths2.0 Sq 4,298

Monthly Estimate*

$ 5,938

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Single Family Home for sale in Virginia Beach, VA

for $850,000 with 3 bedrooms and 2 full baths. This 4,298 square foot home was built in 1937 on a lot size of 0.31.

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!

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Single Family Active

Price

$ 850,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 9,000

Style

Bungalow

Lot Size

0.31

Year Built

1937

Town/City

Virginia Beach

County/Region

Virginia Beach City

MLS | Web ID

VAVB2000396

Features
Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 4298
Full Baths 2
Central Air Y/N Y
Total Bedrooms 3
Main Level Bedrooms 3
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Roof Composite
Exterior Features Exterior Lighting Street Lights Sidewalks
Zoning R5D
Pool Y/N Yes - Personal
Patio/Porch Features Patio(s) Porch(es)
Architectural Style Bungalow
Pool Features Heated Saltwater
Construction Materials Vinyl Siding Composition
Year Built 1937
Levels 2
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
Additional Parcels Description 24179553850000
County VIRGINIA BEACH CITY
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name BEACH BOROUGH
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions 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.
City VIRGINIA BEACH
Buyer Agent Compensation 3
Senior Community Y/N N
Lot Size Square Feet 13630.00
Waterfront Y/N N
Street Name CYPRESS AVENUE
Tax Annual Amount 9000.0
Property Condition Excellent
Structure Type Detached
Condo/Coop Association Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft 197.77
Additional Parcels Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 14
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Exterior
Fencing Wood Rear
Water Source Public
Type of Parking Driveway
Foundation Details Crawl Space
Water View Y/N N
Lot Size Acres 0.31
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1316
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* Excluded Features
List By
Compass

Broker

maria.kelly@compass.com

Email

Affordability Calculator

$6,688
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
$750
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4432364 Elementary School
4432366 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2024$850,000 -27.66% Price Down
4/10/2024$1,175,000 Listed Price

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1316 Cypress Avenue, Virginia Beach, VA, 23451 is a Single Family Home for sale at $850,000 with 4,298 sqft and a lot size of 0.31. 1316 Cypress Avenue has 3 bedrooms, 2.0 baths, and was built in 1937. The property's zip code is 23451 which is in Virginia Beach, VA