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$1,100,000
5 Days On Site

4036 E Ocean View AVE
Norfolk, VA 23518

For Sale|Single Family Residence|Active
5
Beds
4
Full Baths
0
Partial Baths
3,550
SqFt
$310
/SqFt
2003
Built
Subdivision:
OCEAN VIEW EAST
County:
Norfolk
Courtesy of REIN Inc.
Listing courtesy of Mel Volland of EXP Realty LLC

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4036 E Ocean View AVE4036 E Ocean View AVE4036 E Ocean View AVE4036 E Ocean View AVE
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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.

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Listing Snapshot
Price 
$1,100,000
Days On Site 
5 Days
Bedrooms 
5
Inside Area (SqFt) 
3,550 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2003
MLS® Number 
10583470
Status 
Active
Property Tax 
$12,058
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Attached Garage 
Yes
Disclosures 
None
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
3
Parking 
Garage Door OpenerOff StreetAttached
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
3550
Style 
TransitionalTri-Level
Water Source 
PrivateWellPublic
Zoning 
R-12
Interior Features
Appliances 
DishwasherDryerElectric RangeRefrigeratorMicrowaveRangeWasherDisposalGas Water Heater
Basement 
Crawl Space
Cooling 
Central AirCeiling Fan(s)
Fireplace 
Yes
Fireplaces 
1
Flooring 
CarpetCeramic TileWood
Heating 
Electric
Interior 
Cathedral Ceiling(s)Walk-In Closet(s)Master Downstairs
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Exterior Features
Construction Details 
Vinyl Siding
Exterior 
Balcony
Lot Features 
Waterfront
Patio And Porch 
PatioPorch
Roof 
Asphalt
View 
BayBeach
Waterfront 
Yes
Waterview 
BayBeach
Community Features
MLS Area 
13 - North Norfolk
Schools
School District
Unknown
Elementary School
Little Creek Elementary
Middle School
Azalea Gardens Middle
High School
Lake Taylor


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Neighborhood & Commute
Source: Walkscore
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