About 1316 Cypress Avenue
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!
Features of 1316 Cypress Avenue
| MLS® # | VAVB2000396 |
|---|---|
| Price | $850,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 4,298 |
| Acres | 0.31 |
| Year Built | 1937 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 1316 Cypress Avenue |
|---|---|
| Subdivision | BEACH BOROUGH |
| City | VIRGINIA BEACH |
| County | VIRGINIA BEACH CITY-VA |
| State | VA |
| Zip Code | 23451 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | Yes |
| Pool | Heated, Saltwater |
Interior
| Heating | Heat Pump(s) |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 Story |
Exterior
| Exterior | Vinyl Siding, Composition |
|---|---|
| Exterior Features | Exterior Lighting, Street Lights, Sidewalks, Patio, Porch(es), Wood Fence, Fenced-Rear |
| Roof | Composite |
| Foundation | Crawl Space |
School Information
| District | VIRGINIA BEACH CITY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | April 10th, 2024 |
|---|---|
| Days on Market | 30 |
| Zoning | R5D |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Listing Agent | Maria Kelly |
|---|---|
| Listing Office | Compass |
| Listing Office Phone | 7033106111 |