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Virginia Beach › STUDIO 56 @ TOWN CENTER › 221 Market St #552✓ Source: REIN MLS #10617660 · record updated Jun 2, 2026 · synced every 2 min · your inquiry is never resold
221 Market ST #552, VIRGINIA BEACH VA 23462 - Main photo
$299,500
$401 / sqft · est. $2,247/mo →
1beds
1baths
746sqft
126days on market

221 Market St #552, Virginia Beach, VA 23462

Off MarketResidential · built 2008 · STUDIO 56 @ TOWN CENTER

About this home

The listing, in the seller's words

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 convenience. Residents enjoy access to the rooftop terrace and patio, with shopping, dining, and entertainment nearby. Move-in ready, with furniture available to convey.

Listing courtesy of Alexis Weathersbee · NextHome SLH Real Estate Group · REIN MLS #10617660

VaHome team overview

Our read on this home

At a glance

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 the full overview ↓

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.

More buyer 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.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

2008

Price / sqft

$401

Condo fee

$304/mo

Taxes

$3,622/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10617660

Condo association includes

ElevatorSecuritySewerTrash PickupWater

$304/mo condo fee · Associa Community Group · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
1
Full baths
1
Approx. sqft
746
Stories
1
Flooring
Laminate/LVP
First-floor bed & full bath
Yes
Total rooms
2
Other rooms
Foyer, Pantry
Appliances
Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Microwave, Elec Range, Refrigerator, Trash Compactor, Washer

Construction & exterior

Style
Mid Rise
Subtype
Attached
Foundation
Other
Roof
Poly Skin
Exterior
Brick
Pool
No Pool
Waterfront
Not Waterfront

Utilities & systems

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

Lot, parking & ownership

Subdivision
STUDIO 56 @ TOWN CENTER
Unit / floor
5
Ownership
Condo
Garage
Yes
Parking
Parking Gar, Close to Mass Transit, Off Street
Possession
CLOSING
Disclosures
Related to Seller

See more Virginia Beach condos & townhomes.

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

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 centrally-located Virginia Beach neighborhood near Town Center, featuring an urban-suburban mix of housing and vibrant walkable streets.

$388K

Median sale · 12 mo

$234

Sold $/sq ft

8d

Days on market

7

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

houses for sale in Virginia Beach →

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

$2,247/mo

Principal & interest

$1,554

Property tax

$302

Home insurance

$87

PMI

None

HOA

$304

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.

Value & history

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

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.

4711 Teal Duck CT · 1 mi · 759 sqft$125,000 sold 2026-06
4723 Teal Duck CT · 1.1 mi · 759 sqft$167,500 sold 2026-03
430 Babbling Brook DR · 1 mi · 800 sqft$165,000 sold 2026-04

Sale & Tax History

List Price

$299,500

Price / Sq Ft

$401

Annual Taxes

$3,622

Monthly Tax

$302

Condo fee

$304 / mo

Tax Rate (effective)

1.21%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJan 27, 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:

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.

Questions buyers ask

Real questions, answered from the record

Is 221 Market St #552 in a good school zone?+
The assigned zones on the listing record are Thalia Elementary (GreatSchools 8/10), Independence Middle (GreatSchools 6/10), Princess Anne (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 221 Market St #552 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 221 Market St #552?+
Yes — [solidcore] Virginia Beach is about 0.1 miles away, per the cached nearby-places record for this address.
Are there parks near 221 Market St #552?+
Downtown Fountain Plaza is about 0.1 miles away.
Where is the nearest grocery store to 221 Market St #552?+
TASTE is about 0.1 miles away. The closest dining on record is Benny Cavalloni's (0 mi).
Does 221 Market St #552 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 Associa Community Group. Association amenities on record include: Elevator, Security, Sewer, Trash Pickup, Water.
When was 221 Market St #552 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

LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of Alexis Weathersbee · NextHome SLH Real Estate Group · REIN MLS #10617660

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.

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

Call or text (757) 777-7577

221 Market St #552, Virginia Beach, Virginia 23462 · MLS #10617660 · 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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