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5001 Ocean Front Ave; Virginia Beach, VA Property Details

5001 Ocean Front Ave, Virginia Beach, VA is a Condominium that was built in 1949. This property is not for sale. Our records show that 5001 Ocean Front Ave has 4 bedrooms, and 3.5 bathrooms, and a total of 2,222 square feet.

Off market
5001 Ocean Front Ave Virginia Beach, VA 23451
$1,809,700 Estimated Value
4 Beds
3.5 Baths
2,222 SqFt
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1949
  • Est. Equity / %: $1,911,000 / 100%
  • Gross Yield: 1.833%
  • APN: 241-888-89935-001
  • Situs County: Virginia Beach City

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Tile
  • Stories: 2
  • Exterior Wall Type: Concrete Block
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,222/SqFt
  • Gross: 2,924/SqFt
  • Garage: 702/SqFt
  • Living: 2,222/SqFt
  • Building: 2,924/SqFt

Legal Description

  • Description: 5001 & 5003 OCEANFRONT CONDOMINIUM NO HOLLIES BLK A UNIT 5001
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Virginia Beach City Public Schools
  • Lat / Lon: 36.877995 / -75.9836
  • Subdivision: Oceanfront Condo
  • Property Class: Residential
  • Zoning: R5R
  • County Use Code: 104

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 2436
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $833
  • H O A Amount: $833
  • H O A One Frequency: Monthly
  • H O A One Name: Oceanfront Condo Association
  • H O A One Type: Condo Owner Association

Ownership Info

5001 Ocean Front Ave has no associated ownership info
5001 Ocean Front Ave has no associated ownership info.

Taxes

5001 Ocean Front Ave has 10 associated Taxes items

5001 Ocean Front 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 $1,809,700. The APN we've located for 5001 Ocean Front Ave is 241-888-89935-001.

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Taxes
  • Assessed Value:  $1,809,700
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  241-888-89935-001
  • Assessed Land Value:  1650300
  • Market Land Value:  1650300
  • Tax Amount:  17519.18
  • Tax Year:  2024
  • Market Value:  1809700
  • Market Year:  2025

Tax History

5001 Ocean Front Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,809,700 Land Value $1,650,300 Improvement Value $159,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,806,100 Land Value $1,650,300 Improvement Value $155,800 Tax Amount $17,519.18 Change Rate +0.355611% Assessed CR Tax Rate +0.0097%
Year 2023 Assessed Value $1,305,400 Land Value $1,161,600 Improvement Value $143,800 Tax Amount $12,923.46 Change Rate +0.16564% Assessed CR Tax Rate +0.0099%
Year 2022 Assessed Value $1,119,900 Land Value $1,009,200 Improvement Value $110,700 Tax Amount $11,087.01 Change Rate +0.064644% Assessed CR Tax Rate +0.0099%
Year 2021 Assessed Value $1,051,900 Land Value $952,100 Improvement Value $99,800 Tax Amount $10,413.82 Change Rate -0.029333% Assessed CR Tax Rate +0.0099%
Year 2020 Assessed Value $1,054,400 Land Value $952,100 Improvement Value $102,300 Tax Amount $10,728.52 Change Rate +0.424623% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $751,200 Land Value $647,400 Improvement Value $103,800 Tax Amount $7,530.78 Change Rate Assessed CR Tax Rate +0.010025%
Year 2018 Assessed Value $751,200 Land Value $647,400 Improvement Value $103,800 Tax Amount $7,530.78 Change Rate -0.085019% Assessed CR Tax Rate +0.010025%
Year 2017 Assessed Value $821,000 Land Value $717,200 Improvement Value $103,800 Tax Amount $8,230.53 Change Rate -0.417141% Assessed CR Tax Rate +0.010025%
Year 2016 Assessed Value $909,900 Land Value $806,100 Improvement Value $103,800 Tax Amount $14,120.97 Change Rate +0.740487% Assessed CR Tax Rate +0.015519%
Year 2015 Assessed Value $816,400 Land Value $730,000 Improvement Value $86,400 Tax Amount $8,113.23 Change Rate Assessed CR Tax Rate +0.009938%
Year 2014 Assessed Value $801,900 Land Value $730,000 Improvement Value $71,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $7,044.76 Change Rate Assessed CR Tax Rate