4036 E Ocean View AVE new Save Request In-Person Tour Request Virtual Tour
Norfolk,VA 23518
Key Details
Property Type Detached Residential
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,550 sqft
Price per Sqft $309
Subdivision Ocean View East
MLS Listing ID 10583470
Style Transitional,Tri-Level
Bedrooms 5
Full Baths 4
Year Built 2003
Annual Tax Amount $12,058
Property Sub-Type Detached
Property Description
Your next cash flowing beach investment is already booked and earning! Fully furnished and professionally managed, this rare 5-year city approved short term rental in Norfolk's desirable East Beach is ready for new ownership. Generating over $150,000 gross annual income in both 2023 and 2024, it offers a strong 9% CAP rate with consistent bookings from vacationers and corporate guests alike. Whether you're an investor or a buyer looking for a beach home that pays for itself, this one delivers. Enjoy multiple decks with Bay views, direct beach access just steps away, and a location minutes from marinas, local dining, naval bases, and the airport. This is your chance to own a high performing furnished rental in one of Coastal Virginia's most exciting emerging markets.
Location
State VA
County Norfolk
Area 13 - North Norfolk
Zoning R-12
Rooms
Other Rooms 1st Floor BR,1st Floor Primary BR,Attic,Balcony,Breakfast Area,PBR with Bath,Porch
Interior
Hot Water Gas
Heating Electric
Cooling Central Air
Flooring Carpet,Ceramic,Wood
Fireplaces Number 1
Equipment Ceiling Fan,Gar Door Opener
Exterior
Exterior Feature Inground Sprinkler,Irrigation Control,Patio,Pump,Well
Parking Features Garage Att 2 Car,2 Space,Off Street
Garage Description 1
Fence None
Pool No Pool
Waterfront Description Bay
View Bay,Beach
Roof Type Asphalt Shingle
Building
Story 3.0000
Foundation Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Little Creek Elementary
Middle Schools Azalea Gardens Middle
High Schools Lake Taylor
Others
Special Listing Condition None