Price Reduction - Waterfront
Address
1312 Cypress Ave, Virginia Beach, VA
Price
$ 1,150,000
Property Attributes
- MLS#VAVB2000400
- TypeSingle Family
- CountyVIRGINIA BEACH CITY
- CityVirginia Beach
- NeighborhoodBeach Borough
- Zip23451
- StyleBungalow
- Year Built1937
- Taxes$ 4978
- Price$ 1,150,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage1860
- Lot Size8,276 SqFt
Data Source:
Bright MLS
Property 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 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!
| Price History | |
|---|---|
| 4/12/2024 | Listed $1,200,000 |
| 4/23/2024 | 5% - $1,150,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Central A/C,Heat Pump(s) |
| Possession | Settlement |
| Zoning | R5D |
| Architectural Style | Bungalow |
| Construction Materials | Fiber Cement |
| Year Built | 1937 |
| Levels | 2 |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | VIRGINIA BEACH CITY |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | BEACH BOROUGH |
| Garage Y/N | No |
| Water Access Y/N | No |
| 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. |
| ModificationTimestamp | 2024-05-16T06:02:45 |
| City | VIRGINIA BEACH |
| Buyer Agent Compensation | 3 |
| Senior Community Y/N | No |
| Lot Size Square Feet | 8154.40 |
| Tax Assessed Value | 659500.0 |
| Waterfront Y/N | No |
| Street Name | CYPRESS AVE |
| Tax Annual Amount | 4978.72 |
| Structure Type | Detached |
| Condo/Coop Association Y/N | No |
| Bathrooms Full Main Level | 4 |
| Bathrooms Count Main Level | 4.00 |
| Price Per Sq Ft | 618.28 |
| Vacation Rental Y/N | No |
| Total SQFT | 1860 |
| Days on Market | 35 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Natural Gas |
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Above Grade Finished Area | 1860 |
| Full Baths | 4 |
| Central Air Y/N | Yes |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 5 |
| LivingAreaSource | Estimated |
| Above Grade Finished Area Source | Estimated |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 4 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | Driveway |
| Foundation Details | Crawl Space |
| Water View Y/N | No |
| Lot Size Acres | 0.19 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 23451
Price
Taxes
Visits
Year Built
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