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Virginia Beach › STUDIO 56 @ TOWN CENTER › 221 Market St #328✓ Source: REIN MLS #10647318 · record updated Sep 29, 2026 · synced every 2 min · your inquiry is never resold
221 Market ST #328, VIRGINIA BEACH VA 23462 - Main photo
221 Market ST #328, VIRGINIA BEACH VA 23462 - Photo 2
221 Market ST #328, VIRGINIA BEACH VA 23462 - Photo 3
221 Market ST #328, VIRGINIA BEACH VA 23462 - Photo 4
221 Market ST #328, VIRGINIA BEACH VA 23462 - Photo 5
1beds
1baths
937sqft
57days on market

221 Market St #328, Virginia Beach, VA 23462

ActiveResidential · built 2008 · STUDIO 56 @ TOWN CENTER

Facts & features

Type

Residential

Year built

2008

Price / sqft

$319

Condo fee

$340/mo

Taxes

$4,012/yr

County

Virginia Beach VA

MLS #

10647318

Condo association includes

ElevatorGround MaintSecurityTrash Pickup

$340/mo condo fee · Studio 56 Condominium · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
1
Full baths
1
Approx. sqft
937
Stories
5
Flooring
Ceramic, Laminate/LVP
Total rooms
2
Other rooms
Utility Closet
Appliances
220 V Elec, Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer

Construction & exterior

Style
Mid Rise
Subtype
Attached
Foundation
Slab
Roof
Poly Skin
Exterior
Brick,Other
Pool
No Pool

Utilities & systems

Heating
Electric, Heat Pump
Cooling
Central Air, Heat Pump
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
STUDIO 56 @ TOWN CENTER
Unit / floor
3
Ownership
Condo
Garage
Yes
Parking
Parking Gar, Close to Mass Transit, Multi Car, Street
Possession
NOW
Disclosures
Common Interest Community, Disclosure Statement

See more Virginia Beach condos & townhomes.

Sources: REIN MLS record · null fields are suppressed, never faked

About this home

Experience the perfect blend of industrial style & urban convenience in this 937-sf loft at Studio 56 in the heart of VB Town Center. Featuring soaring 12-foot ceilings, expansive windows that flood the space with natural light & sliding glass door/ French balcony. The spacious living, kitchen, and sleeping areas flow seamlessly together, while barn doors provide privacy to the full bathroom. Residents enjoy the security of a controlled-access building w/ elevator service & the trash receptacles on every floor. Moments from premier dining, entertainment, shopping, & nightlife. ASK about 2-1 Buydown options for financing!

Listing courtesy of A. Beth Hughes · BHHS RW Towne Realty · REIN MLS #10647318

Tom & Dariya's overview

Our read on this home

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

At a glance

Meet 221 Market Street #328, a one-bedroom, one-bath condo in downtown Virginia Beach. Built in 2008, this 937-square-foot home sits just minutes from JEB Little Creek-Fort Story and NAS Oceana. Urban living with walkable dining, shopping, and entertainment is right outside your door.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23462, homes for sale zoned for Princess Anne High School, and homes for sale zoned for Thalia Elementary School. Browse every listing among homes for sale in Virginia Beach — updated from the REIN MLS every few minutes. Nearby, look at Pembroke 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

This condo puts you in the heart of downtown Virginia Beach's action. You're steps from Buffalo Wild Wings, Yard House, and Apex Entertainment. The location cuts your commute to both major bases to under 15 minutes. Grocery stores like Wegmans and Walmart are a short walk away. One bedroom and one bath keep the layout efficient and easy to maintain. Built in 2008, the unit offers solid bones and modern systems.

STUDIO 56 @ TOWN CENTER and the Virginia Beach real estate market

Downtown Virginia Beach is a neighborhood built for people who want walkability and convenience. The streets buzz with restaurants, bars, and entertainment venues—everything from casual wings to upscale dining. Coffee shops and fitness studios dot the blocks, and Central Park sits nearby for outdoor time. Virginia Beach itself is a major military hub, home to two significant bases and a strong active-duty presence. Getting around is straightforward: the downtown core is compact, and major roads connect you quickly to the rest of the city. If you are comparing Virginia Beach homes for sale, note that this address sits in one of the city's most connected neighborhoods. The waterfront and beach access are close by, adding to the lifestyle appeal.

What's nearby

Dining and entertainment surround you here. Buffalo Wild Wings is just a tenth of a mile away, and Yard House sits two blocks off. Apex Entertainment offers games and food in the same distance. Grocery shopping is equally convenient: Wegmans Meals 2GO, Walmart Supercenter, and The Honey Baked Ham Company are all within a two-minute walk. Coffee runs to TASTE or McDonald's take just a few minutes on foot. Fitness options include Atlas Wellness & MMA and [solidcore] Virginia Beach. Central Park and Downtown Fountain Plaza provide green space and recreation steps away.

For different buyers

Base commute and VA loan notes

JEB Little Creek-Fort Story is about 11 minutes away, and NAS Oceana is roughly 12 minutes out. VA loan financing is common in this zip code, making the purchase process straightforward for eligible buyers. The condo requires no major systems work and is ready to occupy. Downtown living means short commutes and walkable access to everything you need.

For first-time buyers

A one-bedroom, one-bath layout keeps things simple and affordable. Built in 2008, the unit has solid systems and no surprise renovations looming. Downtown location means no car needed for dining, coffee, or fitness—you can walk to most daily errands. This is the kind of block that anchors homes for sale in 23462.

More buyer questions

How far is 221 Market Street from JEB Little Creek-Fort Story?

The commute is about 11 minutes by car, making it a quick drive for active-duty personnel.

What grocery stores are within walking distance?

Wegmans Meals 2GO, Walmart Supercenter, and The Honey Baked Ham Company are all less than a quarter-mile away, easily walkable.

Are there restaurants and bars nearby?

Yes. Buffalo Wild Wings is a tenth of a mile away, Yard House and Apex Entertainment are two blocks off, and dozens of other spots line the downtown streets.

Is this condo in a walkable neighborhood?

Absolutely. Downtown Virginia Beach is one of the city's most pedestrian-friendly areas, with shops, restaurants, gyms, and parks all within a few blocks.

What zones apply to this address?

This address falls within the zones for homes for sale zoned for Princess Anne High School and homes for sale zoned for Thalia Elementary School; verify current details with the Virginia Beach education office.

Ready to explore downtown Virginia Beach living? Contact Tom & Dariya Milan today to schedule a tour of 221 Market Street #328.

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

Homes like this one sell fast — see the next one first

Virginia Beach$250K – $345K1+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Schools

VaHome School Score

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

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.

Flood & environment

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

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone C

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

Explore this neighborhood

Pembroke

Pembroke is a central Virginia Beach neighborhood near Town Center. It has an urban-suburban mix of homes and busy, walkable streets. It fits buyers who want an active way of life.

$388K

Median sale · 12 mo

$234

Sold $/sq ft

14d

Days on market

13

For sale now

$99K

HH income

59.4%

Owner-occupied

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

Explore Pembroke →
Map of Pembroke with neighborhood boundaryNeighborhood

Virginia Beach homes for sale →

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$1,973/mo

Principal & interest

$1,551

Property tax

$334

Home insurance

$87

PMI

None

HOA/Condo (paid separately)

$340

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Judge value on real ground

Price context — similar nearby homes

$125,000 – $207,900

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

424 Surf Scoter CT · 1 mi · 955 sqft$185,000 sold 2026-04
4702 Red Duck CT · 1.1 mi · 955 sqft$197,000 sold 2026-02
4725 Teal Duck CT · 1.1 mi · 837 sqft$207,900 sold 2026-04

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

Sale & Tax History

List Price

$299,000

Price / Sq Ft

$319

Annual Taxes

$4,012

Monthly Tax

$334

Condo fee

$340 / mo

Tax Rate (effective)

1.34%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 3, 2026$299,000—
Price reducedSep 29, 2026$299,000−$10,000
Currently listed—$299,000—

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.

Market tempo

57 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Is 221 Market St #328 in a good school zone?+
The assigned zones on the listing record are Thalia Elementary (VaHome School Score 5.3/10), Independence Middle (VaHome School Score 6.2/10), Princess Anne (VaHome School Score 7.8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 221 Market St #328 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.
Does 221 Market St #328 have a condo association?+
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is Studio 56 Condominium. Association amenities on record include: Elevator, Ground Maint, Security, Trash Pickup.
When was 221 Market St #328 built?+
It was built in 2008, per the listing record.

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

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of A. Beth Hughes · BHHS RW Towne Realty · REIN MLS #10647318

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

221 Market St #328, Virginia Beach — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

221 Market St #328, Virginia Beach, Virginia 23462 · MLS #10647318 · 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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