Experience the best of urban living in this stunning 5th-floor loft at Studio 56, ideally located in the heart of Town Center Virginia Beach. This stylish residence showcases true industrial-inspired design with soaring ceilings, exposed architectural details, and an open-concept floor plan filled with natural light. The thoughtfully designed separate bedroom offers privacy while featuring a custom built-in dresser that maximizes both style and functionality. The spacious living area flows seamlessly into the kitchen, creating the perfect setting for entertaining or relaxing after a day in the city. Whether you're enjoying a quiet evening at home or outside to explore, this location offers an unmatched lifestyle. Just moments from some of Virginia Beach's finest restaurants, vibrant nightlife, shopping, entertainment, and year-round events, you'll love having everything Town Center has to offer right outside your door. If you've been searching for low-maintenance living with modern industrial flair in one of Virginia Beach's most desirable locations, this exceptional Studio 56 loft is ready to impress.
For sale
$317,000
221 Market St Unit 548, Virginia Beach, VA 23462
1beds
845sqft
:
Get pre-qualified$2,375/mo
Condominium
Built in 2008
-- sqft lot
$317,000 Zestimate®
$375/sqft
$340/mo HOA
What's special
Industrial-inspired designSoaring ceilingsCustom built-in dresserExposed architectural details
- 24 days |
- 687 |
- 41 |
Zillow last checked:
Listing updated:
Listed by:
A. Beth Hughes,
BHHS RW Towne Realty 757-486-8800
Source: REIN Inc.,MLS#: 10642819
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: 220 V Elec, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
Features
- Ceiling Fan(s)
- Flooring: Ceramic Tile, Laminate/LVP
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total interior livable area: 845 sqft
Property
Parking
- Parking features: Parking Gar, Close to Mass Transit, Off Street, On Street
- Has garage: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: City
- Waterfront features: Not Waterfront
Details
- Parcel number: 14774488920548
- Zoning: B3A
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Masonry, Other
- Foundation: Slab
- Roof: Poly Skin
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: City/County
- Water: City/County
- Utilities for property: Cable Hookup
Community & HOA
Community
- Security: Security System
- Subdivision: Studio 56 @ Town Center
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Security, Trash
- Second HOA fee: $340 monthly
Location
- Region: Virginia Beach
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $284,100
- Annual tax amount: $4,034
- Date on market: 7/7/2026
Estimated market value
$317,000
$301,000 - $333,000
$1,670/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,756 +2.9% | $284,100 +5% |
| 2024 | $2,679 +2% | $270,600 +2% |
| 2023 | $2,626 +8.5% | $265,300 +8.5% |
| 2022 | $2,421 -22.5% | $244,500 +15% |
| 2021 | $3,121 +7.6% | $212,700 +7.6% |
| 2020 | $2,900 +6.5% | $197,600 +5.4% |
| 2019 | $2,722 +44.9% | $187,400 |
| 2018 | $1,879 -29.6% | $187,400 +2% |
| 2017 | $2,670 +0.9% | $183,800 |
| 2016 | $2,647 | $183,800 |
| 2015 | $2,647 | $183,800 |
| 2014 | $2,647 | $183,800 +4% |
| 2013 | -- | $176,700 +4.1% |
| 2012 | -- | $169,800 -28.3% |
| 2011 | -- | $236,800 |
| 2010 | -- | $236,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Thalia
Nearby schools
GreatSchools rating
- 6/10Thalia Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Independence Middle SchoolGrades: 6-8Distance: 2.8 mi
- 8/10Princess Anne High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Thalia Elementary
- Middle: Independence Middle
- High: Princess Anne
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $303,0001 bd1 ba980 sqft221 Market St UNIT 328, Virginia Beach, VA 23462Off Market
- $303,6001 bd1 ba937 sqft221 Market St UNIT 442, Virginia Beach, VA 23462Off Market
- $326,6001 bd1 ba1k sqft221 Market St UNIT 437, Virginia Beach, VA 23462Off Market
- $258,0001 bd1 ba692 sqft221 Market St UNIT 317, Virginia Beach, VA 23462Off Market
- $330,0001 bd1 ba1k sqft221 Market St UNIT 209, Virginia Beach, VA 23462Off Market
- $290,1001 bd1 ba804 sqft221 Market St UNIT 212, Virginia Beach, VA 23462Off Market
- $296,5001 bd1 ba889 sqft221 Market St UNIT 441, Virginia Beach, VA 23462Off Market
- $298,5001 bd1 ba804 sqft221 Market St UNIT 554, Virginia Beach, VA 23462Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $339,0001 bd1 ba937 sqft221 Market St Unit 214, Virginia Beach, VA 23462For Sale
MLS ID #10634964, Karen Parr. REIN Inc. - $360,0001 bd1 ba780 sqft4545 Commerce St Unit 1608, Virginia Beach, VA 23462For Sale
MLS ID #10638340, Amie Johnson. REIN Inc. - $259,9002 bd2 ba1.2k sqft308 Riveranne Ct APT 313, Virginia Beach, VA 23462For Sale
MLS ID #10634846, Alexandra Serrano. REIN Inc. - $208,9002 bd2 ba837 sqft4707 Goldeneye Ct, Virginia Beach, VA 23462For Sale
MLS ID #10641588, Kathleen McClintock. REIN Inc. - $319,0001 bd1 ba802 sqft2951 Baltic Ave Suite 110, Virginia Beach, VA 23451For SaleMLS ID #10640703, Melody Cespedes. REIN Inc.
- $324,9002 bd2 ba1k sqft251 Lake Dr, Virginia Beach, VA 23451For SaleMLS ID #10645640, Holly Mitchell. REIN Inc.
- $315,0002 bd2 ba1k sqft3288 Page Ave APT 504, Virginia Beach, VA 23451For SaleMLS ID #10644050, Robert Ramey. REIN Inc.
- $285,0002 bd2 ba1k sqft3204 Jade Ct APT 104, Virginia Beach, VA 23451For SaleMLS ID #10645421, Faith Mormon. REIN Inc.
- $267,0002 bd3 ba1.2k sqft411 Chatterton Dr, Virginia Beach, VA 23454For SaleMLS ID #10645125, Jeanine Montgomery. REIN Inc.
- $350,0002 bd2 ba1k sqft3288 Page Ave APT 1013, Virginia Beach, VA 23451For SaleMLS ID #10643787, Jill Svete Miller. REIN Inc.
- $235,0003 bd2 ba1.2k sqft5248 Richard Rd, Virginia Beach, VA 23462For SaleMLS ID #10643328, Morgan Carter. REIN Inc.
- $285,0003 bd2 ba1.1k sqft4705 Glencoe Ln, Virginia Beach, VA 23464For SaleMLS ID #10643258, Anna Staylor. REIN Inc.
- $305,0002 bd2 ba1k sqft2249 Estuary Ct, Virginia Beach, VA 23451For SaleMLS ID #10638000, Reigne Brown. REIN Inc.
- $310,0002 bd3 ba1.1k sqft475 Water St APT 515, Portsmouth, VA 23704For SaleMLS ID #10639932, Donna Steward. REIN Inc.
- $349,0002 bd3 ba1k sqft805 Virginia Ct, Virginia Beach, VA 23451For SaleMLS ID #10643311, Kimberly Busciglio. REIN Inc.
- $290,0002 bd2 ba970 sqft3201 Jade Ct APT 103, Virginia Beach, VA 23451For SaleMLS ID #10634745, Johnathan Grover. REIN Inc.
- $375,0002 bd2 ba1k sqft3288 Page Ave APT 513, Virginia Beach, VA 23451For SaleMLS ID #10645790, Margo Savage. REIN Inc.
- $299,0002 bd2 ba1.1k sqft7922 Shore Dr #300, Norfolk, VA 23518For SaleMLS ID #10642656, Henri Ellis. REIN Inc.
- $295,0002 bd2 ba1.1k sqft3200 Lynnhaven Dr APT 202, Virginia Beach, VA 23451For SaleMLS ID #10638352, Imad Rayanne. REIN Inc.
- $249,9002 bd2 ba906 sqft1013 Autumn Woods Ln APT 103, Virginia Beach, VA 23454For SaleMLS ID #10643900, Cheryl Larmon. REIN Inc.
