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.
Sold for $1,275,000
$1,275,000
112 57th 1/2 St, Virginia Beach, VA 23451
4beds
2,606sqft
Condominium
Built in 2001
-- sqft lot
$1,331,800 Zestimate®
$489/sqft
$5,004 Estimated rent
Home value
$1,331,800
$1.24M - $1.43M
$5,004/mo
Zestimate® history
Owner options
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$5,004/mo
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$5,004/mo
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$6,208/mo
Est. payment
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$6,208/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kelley Dirom KelleyDirom@gmail.com,
RE/MAX Commonwealth
Bought with:
Non-Member Selling Agent
Source: CVRMLS,MLS#: 2502468
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Description: Private access to SUN DECK ~ Vaulted ~ OCEAN VIEWS
- Level: Third
- Dimensions: 0 x 0
Bedroom 2
- Description: Queen Bed ~ Large Double Closet
- Level: First
- Dimensions: 0 x 0
Bedroom 3
- Description: Twin Beds ~ Large Closet
- Level: First
- Dimensions: 0 x 0
Bedroom 4
- Description: ATTACHED Full Bath ~ Carpet
- Level: Third
- Dimensions: 0 x 0
Additional room
- Description: OUTSIDE Shower and Changing area
- Level: First
- Dimensions: 0 x 0
Other
- Description: Tub & Shower
- Level: First
Other
- Description: Tub & Shower
- Level: Third
Great room
- Description: Elevator ~ Attached Covered Deck ~ Half Bath ~ F/P
- Level: Second
- Dimensions: 0 x 0
Half bath
- Level: Second
Kitchen
- Description: Elevator ~ Huge Pantry ~ Eat at island
- Level: Second
- Dimensions: 0 x 0
Laundry
- Description: Hall Laundry, Commercial Washer & Gas Dryer
- Level: First
- Dimensions: 0 x 0
Heating
- Forced Air, Natural Gas, Zoned
Cooling
- Central Air, Electric, Zoned
Appliances
- Included: Cooktop, Down Draft, Dryer, Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup
Features
- Bedroom on Main Level, Ceiling Fan(s), Dining Area, Fireplace, Granite Counters, High Ceilings, Jetted Tub, Kitchen Island, Bath in Primary Bedroom, Recessed Lighting, Solid Surface Counters, Cable TV, Walk-In Closet(s), Window Treatments, Central Vacuum
- Flooring: Ceramic Tile, Partially Carpeted, Wood
- Windows: Window Treatments
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Gas, Ventless
Interior area
- Total interior livable area: 2,606 sqft
- Finished area above ground: 2,606
Property
Parking
- Total spaces: 2
- Parking features: Attached, Direct Access, Driveway, Finished Garage, Garage, Off Street, Paved, Two Spaces
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Balcony, Front Porch, Deck, Porch
- Exterior features: Deck, Lighting, Porch, Gas Grill, Paved Driveway
- Pool features: None
- Has spa: Yes
- Fencing: Fenced,Partial,Privacy,Vinyl
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Beach Access, Water Access, Walk to Water
Lot
- Features: Landscaped, Level
- Topography: Level
Details
- Parcel number: 24198120210112
- Zoning description: R5R
- Special conditions: Other
Construction
Type & style
- Home type: Condo
- Architectural style: Transitional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Drywall, Frame, Vinyl Siding
- Roof: Asbestos Shingle,Shingle
Condition
- Resale
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Virginia Beach
- Subdivision: None
HOA & financial
HOA
- Has HOA: Yes
Other
Other facts
- Ownership: Individuals,Other
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2025 | Sold | $1,275,000-1.5%$489/sqft |
Source:  CVRMLS #2502468 Report a problem | ||
| 3/20/2025 | Contingent | $1,295,000$497/sqft |
Source:  REIN Inc. #10568009 Report a problem | ||
| 2/19/2025 | Pending sale | $1,295,000$497/sqft |
Source: CVRMLS #2502468 Report a problem | ||
| 1/28/2025 | Listed for sale | $1,295,000+212%$497/sqft |
Source: REIN Inc. #10568009 Report a problem | ||
| 6/27/2001 | Sold | $415,000$159/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,442 +7% | $1,179,600 +9.2% |
| 2024 | $10,697 +9.5% | $1,080,500 +9.5% |
| 2023 | $9,771 +10% | $987,000 +10% |
| 2022 | $8,885 +10.4% | $897,500 +10.4% |
| 2021 | $8,047 -7.9% | $812,800 +3% |
| 2020 | $8,740 +25.1% | $789,200 +13.3% |
| 2019 | $6,984 | $696,700 |
| 2018 | $6,984 -5.3% | $696,700 -5.3% |
| 2017 | $7,374 -0.2% | $735,600 -1.4% |
| 2016 | $7,389 +11.6% | $746,400 +11.6% |
| 2015 | $6,621 | $668,800 +8.1% |
| 2014 | $6,621 | $618,700 -0.4% |
| 2013 | -- | $621,100 |
| 2012 | -- | $621,100 -0.8% |
| 2011 | -- | $625,900 -0.8% |
| 2010 | -- | $630,900 -24.4% |
| 2007 | -- | $834,637 +25% |
| 2006 | -- | $667,882 +18.6% |
| 2005 | -- | $563,176 +14.1% |
| 2004 | -- | $493,380 +9.2% |
| 2003 | -- | $451,683 +12.9% |
| 2002 | -- | $400,239 |
Find assessor info on the county website
Neighborhood: The North End
Nearby schools
GreatSchools rating
- 8/10Linkhorn Park Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 7/10Virginia Beach Middle SchoolGrades: 6-8Distance: 2.3 mi
- 7/10Frank W. Cox High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Linkhorn
- Middle: VB Middle
- High: Frank W. Cox
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,331,800
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- Virginia
- Virginia Beach City
- Virginia Beach
- 23451
- The North End
- 112 57th 1/2 St
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