Taxes
- Assessed Value: $22,177,200
- Assessed Year: 2025
- Assessed County: Virginia Beach City
- APN: 242-725-45340-000
- Assessed Land Value: 7559800
- Market Land Value: 7559800
- Tax Amount: 203941.54
- Tax Year: 2024
- Market Value: 22177200
- Market Year: 2025
1201 Atlantic Ave; Virginia Beach, VA Property Details
Off market
1201 Atlantic Ave Virginia Beach, VA 23451
$22,177,200 Estimated Value
74,825 SqFt
Property Type
HotelProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2022
- APN: 242-725-45340-000
- Situs County: Virginia Beach City
Structure
- Building Style: Steel
- Stories: 7
- Building Condition: Average
- Building Quality: C
- Pool Type: Yes
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 74,825/SqFt
- Lot: 23,261/SqFt
- Gross: 74,825/SqFt
- Living: 74,825/SqFt
- Building: 74,825/SqFt
Legal Description
- Description: RESUB LOTS 11, 12, AND 13 PARCEL A 0.534 AC
Building Insights
Land Information
- Property Type: Hotel
- School District: Virginia Beach City Public Schools
- Lat / Lon: 36.84091 / -75.97266
- Property Class: Commercial
- Zoning: OR
- County Use Code: 413
Amenities
- Pool: true
- Plus Four: 3505
Ownership Info
1201 Atlantic Ave has no associated ownership info
1201 Atlantic Ave has no associated ownership info.
Taxes
1201 Atlantic Ave has 10 associated Taxes items
1201 Atlantic Ave, Virginia Beach, VA pays taxes in Virginia Beach City County, VA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $22,177,200. The APN we've located for 1201 Atlantic Ave is 242-725-45340-000.
Unlock the full reportTax History
1201 Atlantic Ave has 4 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $22,177,200 | Land Value $7,559,800 | Improvement Value $14,617,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $21,024,900 | Land Value $6,978,300 | Improvement Value $14,046,600 | Tax Amount $203,941.55 | Change Rate +0.083728% | Assessed CR | Tax Rate +0.0097% |
| Year 2023 | Assessed Value $19,008,600 | Land Value $6,393,800 | Improvement Value $12,614,800 | Tax Amount $188,185.14 | Change Rate +1.971719% | Assessed CR | Tax Rate +0.0099% |
| Year 2022 | Assessed Value | Land Value | Improvement Value | Tax Amount $63,325.35 | Change Rate | Assessed CR | Tax Rate |