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Andrew Christie

andrew.christie@atlanticsir.com +1(757) 502-5077

$669,900

Est. payment - /mo

4 Beds

2.5 Baths

2,550 SqFt

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UPDATED:

Key Details

Property Type Detached Residential

Sub Type Detached

Listing Status Contingent

Purchase Type For Sale

Square Footage 2,550 sqft

Price per Sqft $262

Subdivision Ocean View East

MLS Listing ID 10629014

Style Transitional

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 2022

Annual Tax Amount $7,735

Contingent Home/EIFS Insp. Con.

Lot Size 2550.000 Acres

Property Sub-Type Detached

Property Description

Your opportunity to own a high performing, luxury short term rental in East Beach with a rare 5-year CUP is here! Fully furnished, professionally managed generating over $107,000 annual gross income, offering a compelling cap rate (~8%+) with clear upside. Built in 2022, all major systems are only four years old meaning this is a true turnkey opportunity. Designed for larger groups, the spacious layout and curated interiors create a premium guest experience that drives consistent bookings and repeat stays. Located just steps from the Chesapeake Bay in one of Norfolk's most sought after waterfront communities, with quick access to East Beach dining, marinas, and amenities. Naval Station Norfolk, JEB Little Creek and the airport minutes away. East Ocean View has a limited inventory of legal STRs, this is a standout investment or beach home with proven success!

Location

State VA

County Norfolk

Area 13 - North Norfolk

Zoning R-12

Rooms

Other Rooms PBR with Bath, Porch, Utility Closet

Interior

Interior Features Cathedral Ceiling, Fireplace Electric, Primary Sink-Double, Walk-In Closet, Window Treatments

Hot Water Electric

Heating Nat Gas

Cooling Central Air, Zoned

Flooring Vinyl

Fireplaces Number 1

Equipment Ceiling Fan, Gar Door Opener, Security Sys

Appliance Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer

Exterior

Exterior Feature Corner, Deck, Rain Water Harvesting

Parking Features Garage Att 2 Car, Off Street, Driveway Spc

Garage Description 1

Fence Back Fenced, Front Fenced, Full

Pool No Pool

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Story 2.0000

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Little Creek Elementary

Middle Schools Azalea Gardens Middle

High Schools Lake Taylor

Others

Senior Community No

Ownership Simple

Disclosures None

Special Listing Condition None

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Listed by EXP Realty LLC

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2701 Pleasant AVE Norfolk, VA 23518