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1316 Cypress Ave,  Virginia Beach VA, 23451

(Contingent)
$850,000
|
3 beds, 2 Full baths, 4,298 sqft
|
MLS# VAVB2000396
Last Updated: 5/18/2024 12:54 PM
Description for 1316 Cypress Ave Virginia Beach, VA 23451
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!
Price
$850,000
BEACH BOROUGH
VIRGINIA BEACH CITY
3
2 Full
4,298 (approx)
VAVB2000396
Contingent
Description
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!
Listing Information
Property Type: Single Family, Bungalow, 2 Story
3 2 Full
0.31 Acres 4,298 (approx) 1937
2 Vinyl siding
BEACH BOROUGH
Public
Public Sewer
Neighborhood
School Information
District: VIRGINIA BEACH CITY PUBLIC SCHOOLS
Room Information
Bathrooms
2
Interior Features
4,298 Sq. Ft. Above Ground
Electric Water Heater
Central Air
Electric Heating
Crawl Space
Exterior / Lot Features
4 Parking Spaces,
Vinyl
Patio, Porch
Driving 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.
Financial Considerations
24179554830000
$9,000
Listing Price History

Virginia Beach Real Estate

Virginia Beach is located in Virginia. Virginia Beach, Virginia 23451 has a population of 460,163.

The median household income in Virginia Beach, Virginia 23451 is $76,910. The median household income for the surrounding county is $78,216 compared to the national median of $66,222. The median age of people living in Virginia Beach 23451 is 38 years.

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Courtesy: Compass
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/18/2024 12:54 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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