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Virginia BeachDOLPHIN RUN CONDOMINIUM303 Atlantic Ave #1201✓ Source: REIN MLS #10638867 · record updated Aug 26, 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
$649,000
$673 / sqft · est. $4,800/mo →
2beds
2baths
965sqft
77days 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

Facts & features

Type

Residential

Year built

1975

Price / sqft

$673

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

About this home

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 strip — two bedrooms, two baths, and 965 square feet with the Atlantic as your permanent backdrop. It's a compact, well-positioned condo in one of the most recognizable zip codes on the East Coast.

Read the full overview ↓

Why this home stands out

Most condos in this corridor trade views for square footage or vice versa — Unit 1201 lands at a practical middle ground. The twelfth-floor elevation clears neighboring rooflines and delivers genuine ocean sightlines without the premium footprint of a penthouse. Built in 1975, the building has decades of coastal resilience behind it, and at 965 square feet across two bedrooms and two full baths, the layout works for full-time living, weekend use, or a mix of both.

DOLPHIN RUN CONDOMINIUM and the Virginia Beach real estate market

The 23451 zip code is Virginia Beach's oceanfront heartbeat — Atlantic Avenue, the Boardwalk, and the resort strip all converge here. Unit 1201 sits right in that energy. Walk out the front door and you're steps from the sand, the three-mile Boardwalk path, and the rotating cast of restaurants, coffee shops, and surf shops that make this stretch feel perpetually alive. Families comparing homes for sale in 23451 often zero in on this corridor precisely because nothing else in Virginia Beach puts everyday life this close to the water. The surrounding blocks are a mix of high-rise condos, boutique hotels, and low-rise retail — dense by Hampton Roads standards, but that density is the point. Virginia Beach as a city backs this neighborhood with its full resort-district infrastructure: lifeguarded beaches, a convention center, regular outdoor concerts, and a year-round events calendar that keeps Atlantic Avenue relevant in every season.

What's nearby

The Virginia Beach Boardwalk is essentially your front yard — three miles of paved path connecting the resort district from Rudee Inlet north to 42nd Street. King Neptune's statue and the Atlantic Avenue entertainment corridor are within a short walk. Grocery runs land at the Harris Teeter on Laskin Road, roughly ten minutes by car. For coffee, Croc's 19th Street Bistro and a handful of café options are a short stroll away. Rudee Inlet, a favorite for fishing charters and waterfront dining, sits just south. The Virginia Beach Convention Center and the 31st Street Park amphitheater round out the immediate area for events and green space.

For different buyers

For military families relocating

Dam Neck Annex is six minutes away and NAS Oceana is seven — Unit 1201 is about as close to both installations as you can get without living on base. A VA loan works here, and the twelfth-floor layout gives a stationed service member or a dual-military household a genuinely livable footprint right on the oceanfront. Commute math doesn't get much easier in this part of Hampton Roads.

For first-time buyers

If you're weighing Virginia Beach homes for sale and want to start with something that holds long-term appeal, a two-bedroom oceanfront condo in the 23451 zip code is a compelling entry point. The 965-square-foot layout is manageable, the two full baths make shared living comfortable, and the address does a lot of the lifestyle work for you from day one.

More buyer questions

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

Dam Neck Annex is approximately six minutes by car from 303 Atlantic Avenue — one of the shortest base commutes you'll find anywhere along the Virginia Beach oceanfront. NAS Oceana is similarly close at around seven minutes.

Is 303 Atlantic Ave #1201 in a flood zone?

Given its oceanfront location in Virginia Beach, flood zone designation is an important consideration for this property — check the FloodRisk tile on this page for the current FEMA mapping detail specific to Unit 1201.

What school zone does 303 Atlantic Ave #1201 fall in?

Buyers comparing homes for sale zoned for Cox High School and homes for sale zoned for Cooke Elementary School will want to verify current Virginia Beach City Public Schools zoning directly, as attendance boundaries can shift — the Schools tile on this page reflects the most current assignment data.

Does the building at 303 Atlantic Ave have an HOA?

Yes, the building operates under a condominium association. HOA documents will detail what the association covers — typically exterior maintenance, common areas, and building insurance — and your agent can pull the full disclosure package during due diligence.

Can a VA loan be used to purchase a condo at 303 Atlantic Ave?

VA loan eligibility for a condo purchase depends on whether the specific building is on the VA's approved condo list — your lender can run a quick check on this building's approval status, and Tom and Dariya at LPT Realty can point you toward VA-savvy lenders familiar with the Virginia Beach oceanfront market.

Ready to see Unit 1201 in person or talk through the numbers? Reach out to Tom and Dariya Milan at LPT Realty — they know this stretch of Virginia Beach inside and out.

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

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

Virginia Beach$550K – $750K2+ beds

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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 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.

2

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

$4,049/mo

Principal & interest

$3,368

Property tax

$492

Home insurance

$189

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

Price context — similar nearby homes

$228,000$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
500 Pacific Avenue NONE #401 · 0.2 mi · 950 sqft$400,000 sold 2026-08
245 Lake DR · 0.5 mi · 981 sqft$349,900 sold 2026-04

Sale & Tax History

List Price

$649,000

Price / Sq Ft

$673

Annual Taxes

$5,902

Monthly Tax

$492

Condo fee

$751 / mo

Tax Rate (effective)

0.91%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 10, 2026$649,000
Price reducedAug 26, 2026$649,000−$10,000
Currently listed$649,000

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

77 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 303 Atlantic Ave #1201 in a good school zone?+
The assigned zones on the listing record are W.T. Cooke Elementary (VaHome School Score 6/10), Virginia Beach Middle (VaHome School Score 6.4/10), Frank W. Cox (VaHome School Score 8/10). 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.