Skip main navigation
Sold
  • $1,073,000

    4036 E Ocean View Ave, Norfolk, VA 23518

    5beds
    3,550sqft
    Single Family Residence
    Built in 2003
    -- sqft lot
    $1,077,200 Zestimate®
    $302/sqft
    $3,987 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: June 30, 2025 at 10:38am

    Listed by:

    Mel Volland,

    EXP Realty LLC

    Bought with:

    Jeff Babb

    AtCoastal Realty

    Source: REIN Inc.,MLS#: 10583470MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Level: First
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Electric Range, Refrigerator, Washer, Gas Water Heater
    • Laundry: Dryer Hookup, Washer Hookup
    Features
    • Cathedral Ceiling(s), Dual Entry Bath (Br & Hall), Walk-In Closet(s), Ceiling Fan(s)
    • Flooring: Carpet, Ceramic Tile, Wood
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Fireplace Gas-natural
    Interior area
    • Total interior livable area: 3,550 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Att 2 Car, 2 Space, Off Street, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Tri-Level,Three Or More
    • Stories: 3
    • Patio & porch: Patio, Porch
    • Exterior features: Inground Sprinkler, Irrigation Control, Balcony
    • Pool features: None
    • Fencing: None
    • Has view: Yes
    • View description: Bay, Beach
    • Has water view: Yes
    • Water view: Bay,Beach
    • Waterfront features: Bay
    Details
    • Parcel number: 20616248
    • Zoning: R-12
    • Other equipment: Pump

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Transitional
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: City/County
    • Water: City/County, Well

    Community & neighborhood

    Location
    • Region: Norfolk
    • Subdivision: Ocean View East

    HOA & financial

    HOA
    • Has HOA: No
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,077,200
    2% more+ $21,544
    With Zillow Showcase(estimated)
    $1,098,744