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112 57th 1/2 Street

Virginia Beach, VA 23224

4 beds
4 baths
2,606 sqft
$496 per sqft
2001 build
– on site

Rare Licensed Short-Term Rental in Virginia Beach’s Amazing North End Opportunity awaits with this beautifully maintained Oceanside home in Virginia Beach’s North End. Over 180 five-star reviews and solid reputation as a sought-after short-term rental, this property is now available for purchase. You do not want to miss this opportunity! Property Highlights include: 4 Bedrooms, 3.5 Bathrooms on quiet street - Elevator for easy access - Ocean views, just steps from the beach & view lines across one story “ Beach Cabanas” - Two spacious decks to enjoy the ocean breezes—one covered off the main living area and a sun-soaked deck off the third-floor primary suite - Furnished option available - Looking for immediate rental income? Annual Gross Income: App $90k gross income over average 225 nights (2021-2024) This RARE licensed short-term rental property offers a fantastic opportunity for both personal use and rental income in one of Virginia Beach’s most desirable locations.

Listing courtesy of CVRMLS / RE/MAX Commonwealth

Last checked: Checking… • Last updated Jan 31, 2025 •

MLS# 2502468 —

The Building

Year Built:

2001
Year Built Details:

Actual
New Construction:

false
Construction Materials:

Drywall,Frame,VinylSiding
Architectural Style:

Transitional
Roof:

AsbestosShingle,Shingle
Exterior Features:

Deck,Lighting,Porch,GasGrill,PavedDriveway
Stories Total:

3
Stories:

3
Levels:

ThreeOrMore
Basement:

false
Window Features:

WindowTreatments
Patio And Porch Features:

Balcony,FrontPorch,Deck,Porch
Security Features:

SmokeDetectors
Accessibility Features:

AccessibleElevatorInstalled
Building Area Source:

Assessor

Interior

Interior Features:

BedroomOnMainLevel,CeilingFans,DiningArea,Fireplace,GraniteCounters,HighCeilings,JettedTub,KitchenIsland,BathInPrimaryBedroom,RecessedLighting,SolidSurfaceCounters,CableTv,WalkInClosets,WindowTreatments,CentralVacuum
Flooring:

CeramicTile,PartiallyCarpeted,Wood
Rooms Total:

7
Fireplace:

true
Fireplace Features:

Gas,Ventless
Fireplaces Total:

1
Laundry Features:

WasherHookup,DryerHookup

Room Dimensions

Living Area:

2606.0
Living Area Source:

Assessor

Financial & Terms

Possession:

CloseOfEscrow

Location

Directions:

From Atlantic Ave; Turn ont0 57th 1/2 Street, House is on the RIGHT

The Property

Parcel Number:

241-981-20210-112
Property Type:

Residential
Property Subtype:

Condominium
Property Subtype Additional:

Condominium
Property Condition:

Resale
Property Attached:

true
Lot Features:

Landscaped,Level
Lot Size Units:

Acres
Zoning Description:

R5R
View:

Water
View:

true
Fencing:

Fenced,Partial,Privacy,Vinyl
Topography:

Level
Waterfront:

false
Waterfront Features:

BeachAccess,WaterAccess,WalkToWater

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

10480.0
Tax Assessed Value:

1080500
Tax Legal Description:

107 57TH AND 112 57TH 1/2 STREET A CONDO UNIT 112

Beds

Bedrooms Total:

4

Baths

Total Baths:

4
Full Baths:

3
Half Baths:

1

Heating & Cooling

Cooling:

CentralAir,Electric,Zoned
Cooling:

true
Heating:

ForcedAir,NaturalGas,Zoned
Heating:

true

Utilities

Sewer:

PublicSewer
Water Source:

Public

Appliances

Appliances:

Cooktop,DownDraft,Dryer,Dishwasher,ElectricCooking,Disposal,GasWaterHeater,IceMaker,Microwave,Range,Refrigerator

Schools

Elementary School:

Linkhorn
Middle Or Junior School:

VB Middle
High School:

Frank W. Cox

The Community

Subdivision Name:

None
Association:

true
Association Fee Frequency:

Monthly
Pool Features:

None

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2.0
Parking Features:

Attached,DirectAccess,Driveway,FinishedGarage,Garage,OffStreet,Paved,TwoSpaces

Monthly cost estimate

Asking price

$1,295,000

Expense	Monthly cost
Mortgage	$6,934
Taxes	$873
Insurance	$356
Utilities	$152 See report
Total	$8,315/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
1/30/25 Jan 30, 2025	Listed / Active	CVRMLS	$1,295,000

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This condo located in Oceanfront, Virginia Beach, VA 23224 is currently for sale for $1,295,000. 112 57th 1/2 Street is a 2,606 square foot condo with 4 beds and 4 baths that has been on Estately for 0 days. 112 57th 1/2 Street is in the Oceanfront neighborhood of Virginia Beach and has a WalkScore® of 12, making it car-dependent.

Listing Courtesy of: CVRMLS and RE/MAX Commonwealth.

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted complication of Listings. All CVRMLS information is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.