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✓ Source: REIN MLS #10624030 · record updated May 18, 2026 · synced every 2 min · your inquiry is never resold
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$625,000Last list price
1,922sqft
$325per sqft
Off the market since May 19, 2026

1512 Mediterranean A &Amp; B Ave, Virginia Beach, VA 23451

Off MarketMulti Family Residential · built 1969 · BEACH BOROUGH · MLS #10624030

Price per sqft$325compare with nearby salesSchools
First ColonialHigh8.2
Virginia BeachMiddle7.1
W.T. CookeElementary6.3
VaHome School ScoreFlood
Low / moderate riskZone X
flood insurance not requiredHOANoneno HOA fee on the MLS recordPrice while listed…checking price historyTaxes$4,511/yrlast list price is 134% of assessmentCondo feeNAnot a condo

Listing statusThis home is off the market

1512 Mediterranean A &Amp; B Ave was listed for sale on May 23, 2026. The last list price was $625,000. It came off the market on May 19, 2026. It is not listed for sale in the REIN MLS.

What is this home worth now?Similar homes for sale

OverviewAbout this home

Make some money on this promising 2 unit duplex one side is all Remodeled (paint/flooring/kitchen/more!). The other side has a very neat & Tidy renter. Both leases end 07/31/2026. The elementary school is across the street. The restaurants, the dome, the beach are all within blocks. The floors are new LVT in the downstairs, Carpet upstairs. New appliances on side A . All brick property. B Side rent $1450. A is $1695. Driveway spaces for parking. Rent prices have higher earning potential for short or long term leases. Another option is to live in one side and rent the other side.

Listing courtesy of Jackie Ellis Dunbar · RE/MAX Alliance · REIN MLS #10624030

Facts & features

TypeMulti Family Residential
Year built1969
Price / sqft$325
HOANone
Taxes$4,511/yr
CountyVirginia Beach VA
MLS #10624030

Interior

Approx. sqft
1,922

Construction & exterior

Style
Side by Side
Subtype
Duplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
50 X100X50X100
Subdivision
BEACH BOROUGH
Zoning
R5D
Ownership
Fee Simple
Possession
SETTLE
Miscellaneous
Rehabilitated
Disclosures
Disclosure Statement

Sources: REIN MLS record · city assessor

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

1512 Mediterranean Ave A & B is a 1,922-square-foot multi-family property built in 1969, sitting inside Beach Borough — one of Virginia Beach's most walkable pockets, just minutes from the oceanfront and two major military installations.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23451, homes for sale zoned for First Colonial High School, and homes for sale zoned for Cooke Elementary School. Nearby, look at Lands End homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

Read the full overview ↓

Why this home stands out

What sets this address apart is the rare combination of a dual-unit layout and a location that puts you within a short walk of the oceanfront corridor, independent restaurants, yoga studios, and specialty coffee shops. The 1969 construction gives the building a solid mid-century bones, and the Beach Borough address means you're inside the kind of compact, character-rich neighborhood that's genuinely hard to find in Virginia Beach.

BEACH BOROUGH and the Virginia Beach real estate market

Beach Borough is one of those neighborhoods that surprises people — it reads more like a coastal village than a mid-Atlantic suburb. The streets are tight, the businesses are independent, and the whole area has a creative, community-forward energy that's been building for years. You're steps from the Virginia Beach Oceanfront, close to the resort strip without being swallowed by it, and surrounded by a mix of longtime residents and newer arrivals who chose this pocket specifically for its walkability and character. If you've been doing a virginia beach property search and keep circling back to addresses near the water, Beach Borough is the neighborhood that tends to stick. Virginia Beach as a city offers miles of coastline, a robust parks system, and a year-round event calendar — but few neighborhoods deliver the walkable daily-life experience that Beach Borough does. The city's infrastructure, Atlantic Avenue access, and proximity to both the resort area and residential quiet make this one of the more distinctive ZIP codes in the region.

What's nearby

Daily life at 1512 Mediterranean Ave runs at a comfortable pace. Hearth Wood Fired Cuisine & Craft Beer, Mary's Kitchen, and Prosperity Kitchen and Pantry are all within a tenth of a mile — meaning dinner options are genuinely walkable. Fathom Coffee and Commune are right there for your morning routine, and Kaizen Athletics, Oceanfront Yoga, and Flo Pilates Studio give you fitness choices without a commute. Vibe Park is two blocks away, Season for Nonviolence Parklet is a short stroll at 0.3 miles, and Tienda Latina La Tapatia 2 handles grocery runs at 0.3 miles out.

For different buyers

Base commute and VA loan notes

NAS Oceana and Dam Neck Annex are each about seven minutes away — a commute that's genuinely short by Hampton Roads standards. A multi-family layout at this address can work well for households that want flexibility in how they use space, and the proximity to both installations means BAH calculations for Virginia Beach zip codes apply here. VA loan eligibility makes this address worth a close look for active-duty and veteran buyers.

For buyers drawn to character

If cookie-cutter subdivisions aren't your thing, Beach Borough delivers something different. The 1969 build, the dual-unit structure, the walkable block full of independent businesses — it all adds up to a property with genuine personality. You're not buying into a master-planned community; you're buying into a neighborhood with its own rhythm, its own regulars at the coffee counter, and its own sense of place.

More buyer questions

How far is 1512 Mediterranean Ave from NAS Oceana?

NAS Oceana is approximately seven minutes from 1512 Mediterranean Ave by car, making it one of the shorter base commutes available in the Virginia Beach market. Dam Neck Annex is also about seven minutes in the opposite direction.

What is Beach Borough like as a neighborhood?

Beach Borough is a compact, walkable neighborhood close to the Virginia Beach Oceanfront with a strong independent business scene — coffee shops, yoga studios, and local restaurants are all within a few blocks. It has a creative, community-oriented character that sets it apart from more suburban Virginia Beach neighborhoods.

Is 1512 Mediterranean Ave in a flood zone?

Flood zone status for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA designation and any relevant details for this specific parcel.

What type of property is 1512 Mediterranean Ave A & B?

It's a multi-family residential property with a dual-unit configuration (Unit A and Unit B), totaling 1,922 square feet, built in 1969.

Does 1512 Mediterranean Ave have an HOA?

Based on available property data, this address does not appear to be governed by a homeowners association, though buyers should verify current status during the due-diligence period.

Want to see how 1512 Mediterranean Ave fits your goals? Tom and Dariya Milan at LPT Realty know Beach Borough well — reach out and let's talk through it.

Summary generated by AI from public records and publicly available information.

Schools · VaHome School ScoreAssigned schools

Our own 1–10 rating, scored from Virginia Department of Education data.

HighFirst Colonial High School
8.2/10
Up 0.8 from 2024–25
MiddleVirginia Beach Middle School
7.1/10
Up 0.7 from 2024–25
ElementaryW.T. Cooke Elementary School
6.3/10
Up 0.3 from 2024–25

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

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Military Commute

Drive times to nearest bases

NAS Oceana

Navy

14min·6mi

Dam Neck

Navy

17min·7.6mi

Little Creek

Navy

28min·16.3mi

USCG Finance Ctr

Coast Guard

27min·21.2mi

USCG Portsmouth

Coast Guard

24min·19.3mi

Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.

Flood & environmentFlood risk (FEMA)

FEMA flood zone X · outside the high-risk area · FIRM 515531

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515531

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn’t define a BFE here.

Property elevation

9.2 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone C

Source: Virginia Dept. of Emergency Management — Know Your Zone

Military Aircraft Zone Information

Aircraft Noise

70-75 dB DNL

Accident Potential Zone

Not in a mapped Accident Potential Zone

Source: U.S. Navy AICUZ — Air Installations Compatible Use Zones (via city GIS)

Explore this neighborhoodLands End

Lands End is a condo community in Virginia Beach, ZIP 23451. It sits off Norfolk Avenue near North Birdneck Road. The Atlantic oceanfront and boardwalk are a short way off.

$290KMedian sale · 12 mo
$306Sold $/sq ft
14dDays on market
1For sale now
$83KHH income
61%Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Lands End →
Map of Lands End with neighborhood boundaryNeighborhood

homes for sale in Virginia Beach, VA →

Value & historyComparables

Last list price vs. assessment134% of $465,100City assessment record · taxes $4,511/yr
Land share of assessed value69% · $322,400Improvements $142,700 · assessor record ✓
Price context: similar nearby homes$719,500 – $794,000The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for the last list price, not an appraisal or an estimate of this home's value.
705 9th ST · 0.4 mi · 1,957 sqft$790,000 sold 2026-05
719 9th ST · 0.4 mi · 1,812 sqft$719,500 sold 2026-07
611 Maryland AVE · 0.5 mi · 1,750 sqft$794,000 sold 2026-09

Own a home nearby? See what it is worth today: What's your Virginia Beach home worth?

Sale & Tax History

List Price

$625,000

Price / Sq Ft

$325

Annual Taxes

$4,511

Monthly Tax

$376

HOA

None

Tax Rate (effective)

0.72%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 23, 2026$625,000—
Off market—$625,000Last list price

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

34% above assessment

Total Assessed

$465,100

Land

$322,400

Improvement

$142,700

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Virginia Beach Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
1512 Mediterranean A &Amp; B Avethis home, last list price$625,000——1,922$325
Loading nearby homes for sale…

Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.

Questions about this home

Is 1512 Mediterranean A &Amp; B Ave in a good school zone?
The assigned zones on the listing record are W.T. Cooke Elementary (VaHome School Score 6.3/10), Virginia Beach Middle (VaHome School Score 7.1/10), First Colonial (VaHome School Score 8.2/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1512 Mediterranean A &Amp; B Ave in a flood zone?
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is there a gym near 1512 Mediterranean A &Amp; B Ave?
Yes — Kaizen Athletics is about 0.1 miles away, per the cached nearby-places record for this address.
Are there parks near 1512 Mediterranean A &Amp; B Ave?
Vibe Park is about 0.2 miles away.
Where is the nearest grocery store to 1512 Mediterranean A &Amp; B Ave?
Tienda Latina La Tapatia 2 is about 0.3 miles away. The closest dining on record is Hearth Wood Fired Cuisine & Craft Beer (0.1 mi).
Does 1512 Mediterranean A &Amp; B Ave have an HOA?
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1512 Mediterranean A &Amp; B Ave built?
It was built in 1969, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.

Off the marketSee what this home is worth now

This home is not listed for sale in the REIN MLS. The home value tool estimates a current value from recent nearby sales.

What is this home worth now?Similar homes for sale

Homes for sale in Virginia Beach

Listing courtesy of Jackie Ellis Dunbar · RE/MAX Alliance · REIN MLS #10624030

1512 Mediterranean A &Amp; B Ave, Virginia Beach, Virginia 23451 · MLS #10624030 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed; verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

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