1316 Cypress Avenue, Virginia Beach, VA 23451

$850,000

Residential Property (Detached)

  • 3 Bedrooms
  • 2 Bathrooms
  • 1,300 Sqft ($654/sqft)

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!

Property Features

Appliances
Dishwasher
Disposal
Dryer
Microwave
Gas Range
Refrigerator
Washer
Interior Features
Bar
Cathedral Ceiling
Pull Down Attic Stairs
Window Treatments
Flooring
Ceramic
Laminate/LVP
Wood
Cooling
Central Air
Heating
Heat Pump
Rooms
1st Floor BR
1st Floor Primary BR
Breakfast Area
Loft
PBR with Bath
Porch
Sun Room
Exterior Features
Fiber Cement
Vinyl
Roof
Asphalt Shingle
Parking
Multi Car
Driveway Spc

School Information

School District
Virginia Beach Public Schools
Elementary School
W.T. Cooke Elementary
1501 Mediterranean Ave
Virginia Beach, VA 23451
0.18 mi away
Middle School
Virginia Beach Middle
600 25th St
Virginia Beach, VA 23451
0.74 mi away
High School
First Colonial High
1272 Mill Dam Rd
Virginia Beach, VA 23454
3.41 mi away

Listing Courtesy of Howard Hanna Real Estate Services