$850,000 | 1316 Cypress Avenue Virginia Beach, VA 23451
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 WITH 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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- Listing Price
- $850,000
- MLS#
- 10512622
- Listing Status
- Active
- Listing Type
- Residential
- Property Type
- Detached Residential
- Subdivision Name
- BEACH BOROUGH
- Neighborhood Name
- Null
- Area Name
- 43 - Northeast Virginia Beach
- Disclosure
- none
- Contigencies
- none
- Ownership
- Simple
- Zoned
- R5D
- Year Built
- 1937
- Listing Office
- Howard Hanna Real Estate Services
- Added to Website
- Dec 5, 2023
(5 months ago)
- Bedrooms
- 3
- Full Bathrooms
- 2
- Half Bathrooms
- 0
- Number of Rooms
- 6
- Living Space
- 1,300 sqft
- Levels
- 1.0
- Architecture
- Bungalow Cottage Other
- Roof
- Asphalt Shingle
- Exterior Covering
- Fiber Cement, Vinyl
- Foundation
- Crawl,Sealed/Encapsulated Crawl Space
- Sewer
- City/County
- Noise Zone
- 70-75 Ldn
- Crash Zone
- None
- Taxes*
- $9,000.00/yr
*Tax information provided by listing agent. Please independently verify this information.
- Rooms
- 1st Floor Bedroom, 1st Floor Primary Bedroom, Breakfast Area, Loft, PBR with Bath, Porch, Sun Room
- Internal Features
- Bar, Cathedral Ceiling, Pull Down Attic Stairs, Window Treatments
- Flooring
- Ceramic, Laminate/LVP, Wood
- Heating
- Heat Pump
- Cooling
- Central Air
- Water Heater Type
- Gas
- Water Type
- City/County
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
- Exterior Description
- Corner,Guest/Carriage House,Patio
- Fence
- Full,Privacy
- Parking
- Multi Car, Driveway Spc
- Waterfront
- No
- Water Description
- Not Waterfront
- Pool Description
- In Ground Pool
Public Schools
- School District
- Virginia Beach Public Schools
- Elementary School
-
W.T. Cooke Elementary (0.2 mi)
1501 Mediterranean Ave
Virginia Beach, VA 23451
(757) 648-2320 - Middle School
-
Virginia Beach Middle (0.7 mi)
600 25th St
Virginia Beach, VA 23451
(757) 648-6050 - High School
-
First Colonial High (3.4 mi)
1272 Mill Dam Rd
Virginia Beach, VA 23454
(757) 648-5300 -
Star Of The Sea School (0.4 mi)
309 15th St, Virginia Beach, VA 23451
(757) 428-8400 -
Beach Day School (1.6 mi)
300 36th St, Virginia Beach, VA 23451
(757) 428-6332 -
Galilee Montessori (1.8 mi)
3928 Pacific Ave, Virginia Beach, VA 23451
(757) 428-1034 -
Virginia Beach Friends School (1.9 mi)
1537 Laskin Rd, Virginia Beach, VA 23451
(757) 428-7534 -
Beach Montessori Tech (3.5 mi)
1101 Eaglewood Dr Ste C, Virginia Beach, VA 23454
(757) 428-5437
Private Schools
| Total Population | 41,945 |
|---|---|
| Median Commute Time | 20 mins |
| Median Years in Residence | 3 yrs |
| Median Home Age | 24 yrs |
| Residential Turnover Rate | 24% |
| Median Home Sales Price | $322,000 |
| Average Home Sales Price | $392,859 |
| Average Home Property Tax | $226 |
| Crime Risk Index | 89/100 |
| Air Pollution Index | 90/100 |
| Family Households | 10,363/19,831 (52.3%) |
| Households w/ Children | 4,744/19,831 (23.9%) |
| Average Family Size | 3 |
| Population Density | 2,280/sq. mi. |
| Median Age | 0.99 yrs |
| Median Household Income | $59,655 |
| Per Capita Income | $45,708 |
| White Collar Jobs | 10,731% |
| Overall Weather Risk | 191/100 |
30 year fixed interest mortgage with 10% downpayment:
- Principal and interest:
- $3,538
- Taxes*:
- $750
- Insurance*:
- $75
- Total Monthly Payment:
- $4,363
* Estimates Only! Your rates may vary and will affect your monthly payment.
Contact a Mortgage Professional Today
This 3 bedroom, 2 bathroom home located at 1316 Cypress, Virginia Beach, VA 23451 has approximately 1,300 square feet. It is currently listed for $850,000 and has a price per sqft of $65,385. This home is currently Active under the MLS#: 10512622. This listing is provided by Howard Hanna Real Estate Services.
1316 Cypress Avenue, Virginia Beach was built in 1937. It has Multi Car, Driveway Spc parking.The kitchen includes Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer.
1316 Cypress is part of the Beach Borough neighborhood located in 23451.
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