103 days on market
$299,500
221 Market St #552
Virginia Beach, Virginia 23462
MLS# 10617660 · STUDIO 56 @ TOWN CENTER · Virginia Beach VA
Updated Feb 25, 2026 · Source: REIN MLS
Est. payment
$1,943/mo
Edit below
Price / sq ft
$401
746 sq ft
Days on market
103
HOA
None
Year built
2008
18 yrs old
Beds
1
Full Baths
1
Half Baths
0
Sq Ft
746
Garage
Yes
About this home
Welcome home to Studio 56 at Town Center. This stylish fifth-floor studio offers an open layout filled with natural light from floor-to-ceiling windows, highlighting new flooring, fresh paint, and city views. The upgraded kitchen features honed granite countertops, stainless steel appliances, and ceramic tile, while the bathroom offers coordinating granite and tile finishes. An in-unit washer and dryer provides added…
Listed by Alexis Weathersbee · NextHome SLH Real Estate Group
VaHome Team property overview
Unit 552 at Studio 56 puts you on the fifth floor of Virginia Beach Town Center — a walkable, urban one-bedroom where coffee shops, restaurants, and green plazas are literally steps from your front door. At 746 square feet, it's compact, efficient, and right in the middle of everything.
Read full property overview ↓Show less ↑
Why this home stands out
Most Virginia Beach addresses require a car for just about everything. Unit 552 at Studio 56 flips that equation entirely. Built in 2008 as part of the Town Center mixed-use district, this one-bedroom condo sits inside a walkable urban core where cold-pressed juice, a cheesesteak, a climbing gym, and a fountain plaza are all within two blocks. It's a rare setup for this city.
STUDIO 56 @ TOWN CENTER and the Virginia Beach real estate market
Studio 56 @ Town Center sits at the heart of Virginia Beach's most urban neighborhood — the Central Business District, where mid-rise condos, office towers, restaurants, and retail share the same few walkable blocks. This isn't the boardwalk, and it isn't the suburbs. It's the closest thing Virginia Beach has to a true downtown lifestyle, and it's grown steadily since the district was developed in the early 2000s. If you're doing a city of virginia beach property search and urban walkability is on your checklist, this address checks it clearly. Market Street runs right through the district, and the surrounding blocks fill in with everything from boutique fitness studios to open-air plazas. Virginia Beach as a whole is a large, spread-out independent city — the most populous in the state — but Town Center is the one pocket where you genuinely don't need to drive to live your daily life.
What's nearby
Step outside and Benny Cavalloni's, Creators' Kitchen, and Pardon My Cheesesteak are all within the same block. TASTE covers both your grocery run and your morning coffee at 0.1 miles, and Town Center Cold Pressed is right there too if you prefer something green. Einstein Bros. Bagels is two blocks out for the bagel crowd. Downtown Fountain Plaza and Central Park are both 0.1 miles away — easy walks for lunch breaks or weekend mornings. For fitness, you've got [solidcore], The Dancing Rose, and Latitude Climbing and Fitness all within 0.2 miles. This is a genuinely walkable daily routine.
For different buyers
For military families relocating
JEB Little Creek-Fort Story is about 11 minutes from Unit 552, and NAS Oceana is roughly 12 minutes out — both are very manageable commutes from Town Center. If you're using a VA loan to buy, this kind of central location also means your BAH is working hard: one address covers proximity to two major installations while keeping you in the most walkable part of the city.
For buyers drawn to character
If your version of a great home is one where the neighborhood does the heavy lifting — walkable streets, real restaurants, fitness studios, and a plaza to wander on a Saturday — Unit 552 at Studio 56 is worth a serious look. It's a 2008-built condo in the only part of Virginia Beach that genuinely feels like a city neighborhood, and that's not something you find on every block.
Frequently asked questions
How far is 221 Market St #552 from JEB Little Creek-Fort Story?
JEB Little Creek-Fort Story is approximately 11 minutes from this address by car. The route is straightforward via Virginia Beach Boulevard heading east.
How far is 221 Market St #552 from NAS Oceana?
NAS Oceana is roughly 12 minutes away, making it one of the closer Town Center addresses to the base for aviation personnel.
Is 221 Market St #552 part of an HOA?
Yes, Studio 56 @ Town Center is a condominium community and carries an HOA. You'll want to review the HOA documents during due diligence for specifics on what's covered.
What is the flood zone status for 221 Market St #552?
Flood zone information for this address is displayed in the FloodRisk tile on this page — check there for the current FEMA designation.
What year was Studio 56 @ Town Center built?
The building was constructed in 2008, placing it in the second wave of Town Center's mixed-use development and giving it a relatively modern build quality for a Virginia Beach condo.
Want to see Unit 552 in person or talk through the Town Center market? Tom and Dariya Milan at LPT Realty are ready to help — reach out anytime.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
221 Market ST #552, Virginia Beach
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
1
Full Baths
1
Half Baths
0
Approx Sq Ft
746
Stories
1
Fireplaces
0
Flooring
Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Microwave, Elec Range, Refrigerator, Trash Compactor, Washer
Sale & Tax History
List Price
$299,500
Price / Sq Ft
$401
Annual Taxes
$3,622
Monthly Tax
$302
HOA
None
Tax Rate (effective)
1.21%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jan 26, 2026 | $299,500 | — |
| Currently listed | — | $299,500 | — |
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:
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.
About buying in Virginia Beach
Virginia Beach is the largest city in Hampton Roads and one of Virginia's most desirable real estate markets. From oceanfront condos along the boardwalk to golf-course communities in Kempsville, established family neighborhoods in Great Neck, and waterfront homes along the Lynnhaven River, the housing inventory here is unusually varied. The city's strong public schools, mild coastal climate, and proximity to Naval Air Station Oceana keep buyer demand consistent year-round, and active inventory typically ranges from sub-$300K starter homes to multi-million-dollar luxury estates.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$1,943/moPrincipal & interest
$1,554
Property tax
$302
Home insurance
$87
PMI
None
HOA
None
Estimate only. 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.
Listed by NextHome SLH Real Estate Group · MLS# 10617660
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$299,500
221 Market ST #552, VIRGINIABEACH VA 23462
Virginia Beach, Virginia 23462
Request InfoQuick Facts
Schedule a tour
In-person or videoClick a day to pick a time