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4036 E Ocean View Avenue, Norfolk, VA 23518

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For Sale

$1,100,000

5 beds • 4 baths • 3,550 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $309.86
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

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.
MLS# 10583470

Courtesy Of EXP REALTY LLC

(866) 825-7169

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Patio, Ceiling Fan, Water Front
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Range - Electric, Refrigerator, Washer
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Wood
  • Roof Type
    Asphalt

Map and Directions

Directions to 4036 E Ocean View Avenue, Norfolk, VA 23518

Home seller CENTURY 21 Nachman Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Nachman Realty

(757) 638-5700
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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