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Virginia Beach › DOLPHIN RUN CONDOMINIUM › 303 Atlantic Ave #1201✓ Source: REIN MLS #10638867 · record updated Aug 4, 2026 · synced every 2 min · your inquiry is never resold
303 Atlantic AVE #1201, VIRGINIA BEACH VA 23451 - Main photo
303 Atlantic AVE #1201, VIRGINIA BEACH VA 23451 - Photo 2
303 Atlantic AVE #1201, VIRGINIA BEACH VA 23451 - Photo 3
303 Atlantic AVE #1201, VIRGINIA BEACH VA 23451 - Photo 4
303 Atlantic AVE #1201, VIRGINIA BEACH VA 23451 - Photo 5
$659,000
$683 / sqft · est. $4,854/mo →
2beds
2baths
965sqft
55days on market

303 Atlantic Ave #1201, Virginia Beach, VA 23451

ActiveResidential · built 1975 · DOLPHIN RUN CONDOMINIUM

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Ocean.

Frontage

Ocean ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Wake up to breathtaking views of the Atlantic Ocean from every room in this turnkey 2 bedroom, 2-bathroom condo! Whether you are searching for a second home retreat, an investment opportunity, or downsizing with the desire for every day to feel like a vacation, this coastal gem fits the bill. Showcasing thoughtful updates throughout (kitchen, bathrooms, paint, bedroom carpet). Enjoy your front row seat to everything this vibrant beach destination has to offer. From seasonal festivals, waterfront attractions, and the boardwalk, to some of the best restaurants; you'll have endless opportunities to experience the best of coastal living!

Listing courtesy of Hope Foster · CapCenter · REIN MLS #10638867

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

Unit 1201 at 303 Atlantic Avenue puts you on the twelfth floor of Virginia Beach's oceanfront, with 2 bedrooms, 2 baths, and 965 square feet of coastal living just steps from the sand, Grommet Island Park, and some of the area's best waterside dining.

Read the full overview ↓

Why this home stands out

Height and location are the story here. A twelfth-floor position in a 1975 mid-rise means wide-open sightlines over the Atlantic that low-rise buildings simply can't offer. At under a thousand square feet, the layout is efficient without feeling cramped — two full baths for two bedrooms is a practical detail that matters when guests arrive. And the oceanfront address isn't just a backdrop; it's your literal front yard.

DOLPHIN RUN CONDOMINIUM and the Virginia Beach real estate market

Unit 1201 sits right on the Virginia Beach oceanfront, one of the most recognizable stretches of the East Coast. This part of the city blends permanent residents with a lively coastal energy — boardwalk access, salt air, and a walkable strip of restaurants and parks that make car-optional weekends genuinely easy. The surrounding blocks have a relaxed, year-round character rather than a purely seasonal one, with neighbors who chose this address because they actually want to live at the beach, not just visit it. Virginia Beach itself is Virginia's largest city by population and carries a full suite of city services, a robust arts and dining scene, and a deep military presence that shapes the community in positive ways. The oceanfront corridor connects naturally to the resort strip to the north and the quieter residential neighborhoods to the west, giving you access to both energy and calm depending on the day.

What's nearby

Daily life is easy from this address. Grommet Island Park and The Jetty are both within a tenth of a mile — morning walks and sunset spots are essentially on your doorstep. For dinner, Waterman's Surfside Grille, Roma Pizza, and Big Sam's Inlet Cafe & Raw Bar are all within three-tenths of a mile, covering everything from raw bar nights to casual pizza. Virginia Beach Coffee Co is six-tenths of a mile away when you need a proper morning cup, with 2D Cafe & Eatery as a solid backup at seven-tenths. Prise's Food Mart handles everyday grocery runs at six-tenths of a mile. CoreStrength Center at four-tenths of a mile keeps fitness routines intact, and Virginia Legends Park rounds out the green space options under a mile away.

For different buyers

For military families relocating

Dam Neck Annex is roughly six minutes away, and NAS Oceana sits about seven minutes out — two of Hampton Roads' key installations within a very short commute. A VA loan is a natural fit for this property type, and the oceanfront location means your off-duty hours are genuinely rewarding. Two bedrooms and two full baths give a small family or a service member and a guest comfortable separation.

For first-time buyers

If you've been weighing what an oceanfront address actually looks like in practice, Unit 1201 is a concrete answer. At 965 square feet, the footprint is manageable without feeling like a compromise — two bedrooms and two full baths leave room for a roommate, a home office, or visiting family. A VA loan can make the numbers work for eligible buyers, and the walkable location means you're not dependent on a car for everyday life.

More buyer questions

How far is 303 Atlantic Ave #1201 from Dam Neck Annex?

Dam Neck Annex is approximately 6 minutes by car from this address, making it one of the more convenient oceanfront options for personnel assigned there. NAS Oceana is similarly close at around 7 minutes.

What floor is unit 1201 in the building?

Unit 1201 is on the twelfth floor, placing it well above street level and offering elevated sightlines over the Atlantic Ocean and surrounding oceanfront area.

Is 303 Atlantic Ave #1201 in a flood zone?

Given its oceanfront location in Virginia Beach, flood zone status is an important factor to review — check the FloodRisk tile on this page for the current FEMA designation specific to this unit.

Are there parks or outdoor spaces walkable from this address?

Yes — Grommet Island Park and The Jetty are both within a tenth of a mile, and Virginia Legends Park is under a mile away, giving you easy access to green space and waterfront recreation without needing a car.

Does the building at 303 Atlantic Ave have an HOA?

Yes, this is a condominium property and an HOA is in place — specific fee details and what the HOA covers should be confirmed through current association documents during the due diligence process.

Want to know more about 303 Atlantic Ave #1201 or the Virginia Beach oceanfront market? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail.

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

1975

Price / sqft

$683

Condo fee

$751/mo

Taxes

$5,902/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10638867

Condo association includes

Coin OperatedElevatorExercise RmGround MaintPoolSecuritySewerTrash PickupWater

$751/mo condo fee · Dolphin Run Condominium Association · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
2
Full baths
2
Approx. sqft
965
Stories
1
Flooring
Carpet, Ceramic
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
5
Other rooms
Balcony, PBR with Bath
Appliances
Dishwasher, Disposal, Microwave, Elec Range, Refrigerator
Equipment
Ceiling Fan
Accessibility
Elevator

Construction & exterior

Style
High-Rise
Subtype
Attached
Foundation
Pile
Roof
Tar and Gravel
Exterior
EIFS
Pool
No Pool
Waterfront
Ocean

Utilities & systems

Heating
Electric
Cooling
Window/Wall
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
DOLPHIN RUN CONDOMINIUM
Unit / floor
12
Zoning
RT1
Ownership
Condo
Garage
No
Parking
1 Space, Assigned/Reserved
Possession
STLMNT
Disclosures
Board Approval, Common Interest Community, Owner Agent, Resale Certif Req

See more Virginia Beach waterfront homes.

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 B

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

Military Aircraft Zone Information

Aircraft Noise

65-70 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 neighborhood

Rudee Heights

Rudee Heights is a compact waterfront neighborhood at the south end of the Virginia Beach Oceanfront, set on the peninsula between Lake Rudee and Lake Wesley near Rudee Inlet.

1

For sale now

$176K

HH income

81.7%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Rudee Heights →
Map of Rudee Heights with neighborhood boundaryNeighborhood

see more Virginia Beach homes →

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

$4,103/mo

Principal & interest

$3,419

Property tax

$492

Home insurance

$192

PMI

None

HOA/Condo (paid separately)

$751

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

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

$390,000 – $645,000

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.

303 Atlantic AVE #1402 · 0 mi · 943 sqft$645,000 sold 2026-03
303 Atlantic AVE #1003 · 0 mi · 943 sqft$645,000 sold 2026-06
303 Atlantic AVE #506 · 0 mi · 943 sqft$625,000 sold 2026-03

Sale & Tax History

List Price

$659,000

Price / Sq Ft

$683

Annual Taxes

$5,902

Monthly Tax

$492

Condo fee

$751 / mo

Tax Rate (effective)

0.90%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 10, 2026$659,000—
Price reducedAug 4, 2026$659,000−$20,000
Currently listed—$659,000—

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

55 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

Real questions, answered from the record

Is 303 Atlantic Ave #1201 in a good school zone?+
The assigned zones on the listing record are W.T. Cooke Elementary (GreatSchools 7/10), Virginia Beach Middle (GreatSchools 7/10), Frank W. Cox (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 303 Atlantic Ave #1201 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 303 Atlantic Ave #1201 a waterfront property?+
Yes. The listing record shows: Ocean.
Does 303 Atlantic Ave #1201 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 Dolphin Run Condominium Association. Association amenities on record include: Coin Operated, Elevator, Exercise Rm, Ground Maint, Pool, Security, Sewer, Trash Pickup, Water.
When was 303 Atlantic Ave #1201 built?+
It was built in 1975, 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 Hope Foster · CapCenter · REIN MLS #10638867

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.

303 Atlantic Ave #1201, Virginia Beach — photo

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

Call or text (757) 777-7577

303 Atlantic Ave #1201, Virginia Beach, Virginia 23451 · MLS #10638867 · 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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