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Virginia Beach › RUDEE INLET › 316 Winston Salem Ave #501✓ Source: REIN MLS #10633619 · record updated Aug 5, 2026 · synced every 2 min · your inquiry is never resold
316 Winston Salem AVE #501, VIRGINIA BEACH VA 23451 - Main photo
$580,000
$387 / sqft · est. $4,283/mo →
2beds
2baths
1,500sqft
55days on market

316 Winston Salem Ave #501, Virginia Beach, VA 23451

SoldResidential · built 1986 · RUDEE INLET

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Bulkhead, Deep Water, Deep Water Access, Dock, Navigable.

Frontage

Waterfront ✓ VERIFIED

Dock

Dock

Shoreline

Bulkheaded

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

AMAZING OPPORTUNITY TO PURCHASE IN THIS 15 UNIT CONDO BUILDING OF RIA MAR WHERE HOMES RARELY COME ON MARKET. THIS 5TH FLOOR, CORNER UNIT NOT ONLY OFFERS PANORAMIC VIEWS OF BOTH RUDEE INLET & THE OCEAN, BUT ALSO YOUR OWN APPROX 40' BOAT SLIP LOCATED AT THE REAR OF BUILDING. SPACIOUS, OPEN FLOOR PLAN WITH PRIVATE BALCONY. LARGE EN SUITE PRIMARY WITH SITTING AREA, WALK IN CLOSET & WATER VIEWS. GRACIOUS 2ND BEDROOM WITH WALK IN CLOSET & DIRECT ACCESS TO HALL BATH. LAUNDRY ROOM WITH ADDITIONAL STORAGE & SEPARATE MECHANICAL ROOM. UPDATES INCLUDE; KITCHEN WITH SS APPLIANCES & WALL CABINETS (2022/2023), BATHROOMS (2015/2016), BALCONY FLOORING (2019), WASHER/DRYER (2023) & HUNTER DOUGLAS SCREEN & CELLULAR SHADES @ ALCOVE & SLIDER (2023). CONDO BUILDING AMENITIES INCLUDE 3 UNITS PER FLOOR, SECURED ENTRY, ELEVATOR, WATERFRONT POOL, DOCK & SHARED BIKE STORAGE ROOM. AMAZING LOCATION FOR FULL TIME OR 2ND HOME RESIDENTS WHO WANT ACTIVITY & TO FEEL LIKE THEY ARE ON VACATION YEAR-ROUND!

Listing courtesy of Deborah James · Deborah James & Associates · REIN MLS #10633619

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

316 Winston Salem Ave #501 puts you five floors up in Virginia Beach with two bedrooms, two full baths, and 1,500 square feet of coastal living — all within a short walk of the oceanfront and minutes from Dam Neck Annex and NAS Oceana.

Read the full overview ↓

Why this home stands out

Built in 1986, this fifth-floor condo delivers the kind of square footage that's genuinely rare at the Virginia Beach oceanfront — 1,500 square feet spread across two bedrooms and two full baths. The elevation gives you distance from the street-level buzz while keeping you steps from the sand, the restaurants, and the energy that makes this stretch of the coast so hard to leave. It's a full-sized home in a beach address.

RUDEE INLET and the Virginia Beach real estate market

Unit 501 sits right where the Virginia Beach resort strip transitions into the quieter residential blocks south of the main boardwalk corridor — close enough to enjoy everything the oceanfront offers, far enough to actually sleep at night. The surrounding streets have a relaxed, year-round feel: neighbors who walk to the water in the morning and know the bartenders by name. Virginia Beach as a whole is one of the most livable coastal cities on the East Coast — a place with genuine neighborhoods, a strong military presence, and a waterfront that draws people from across the region. The city's resort area brings restaurants, live music, and fitness studios within easy reach, while the broader Virginia Beach grid keeps you connected to everything from major retail corridors to nature preserves. Living here means you're never far from the water, but you're also never far from the practical stuff that makes daily life work.

What's nearby

Dining options are genuinely walkable from Unit 501. Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all within 0.2 miles — perfect for a weeknight dinner without moving the car. Coffee is covered by Zeke's at half a mile, with Virginia Beach Coffee Co and a 7-Eleven both under a mile. For groceries, Prise's Food Mart is 0.7 miles out and Tienda Latina La Tapatia 2 is just a mile away. Fitness options include TakeOver Athletics Shadowlawn, CoreStrength Center, and ReStormi Pilates — all within a mile. Marshview Park, Marshview Park Field, and the accessible Grommet Island Park round out the outdoor options nearby.

For different buyers

For military families relocating

Dam Neck Annex is six minutes away and NAS Oceana is seven — this address is hard to beat for a short commute. The 1,500-square-foot layout gives military families real room to spread out, and a VA loan makes a condo at the Virginia Beach oceanfront more attainable than most people expect. Two full baths and two bedrooms handle the everyday logistics without compromise.

For first-time buyers

If your first home is going to be somewhere, why not make it the Virginia Beach oceanfront? Unit 501 offers 1,500 square feet — more space than most first purchases — in a building that handles exterior maintenance for you. A VA loan can be a powerful tool here if you're connected to one of the nearby bases, and the walkable restaurant and coffee scene means you're buying into a lifestyle, not just a floor plan.

More buyer questions

How far is 316 Winston Salem Ave #501 from Dam Neck Annex?

Dam Neck Annex is approximately six minutes by car from this address. That's one of the shortest base commutes available in the Virginia Beach oceanfront condo market.

How far is 316 Winston Salem Ave #501 from NAS Oceana?

NAS Oceana is about seven minutes away by car. The proximity to two major installations makes this address a practical choice for active-duty personnel and civilian employees at either base.

Is 316 Winston Salem Ave #501 in a flood zone?

Flood zone information for this property is displayed in the FloodRisk tile on this page. We recommend reviewing that section and discussing it with your agent before making any decisions.

What is the square footage of unit 501 at 316 Winston Salem Ave?

The unit is 1,500 square feet — a notably generous footprint for a two-bedroom, two-bath oceanfront condo in Virginia Beach, especially at this price point in the resort corridor.

Does 316 Winston Salem Ave #501 have an HOA?

Yes, this condo is part of a homeowners association. HOA details including what's covered and any restrictions are available through your agent or the association's governing documents.

Want to see Unit 501 in person or talk through the numbers? Tom and Dariya Milan at LPT Realty know this stretch of Virginia Beach well — reach out and let's set something up.

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

1986

Price / sqft

$387

Condo fee

$725/mo

Taxes

$4,556/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10633619

Condo association includes

Boat SlipDockElevatorGround MaintPoolSewerTrash PickupWater

$725/mo condo fee · RIA-MAR CONDO ASSOCIATION · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
2
Full baths
2
Approx. sqft
1,500
Stories
1
Flooring
Carpet, Ceramic, Laminate/LVP, Vinyl
Ensuite bedrooms
2
First-floor bed & full bath
Yes
Total rooms
5
Other rooms
1st Floor BR, 1st Floor Primary BR, Assigned Storage, Balcony, Breakfast Area, Foyer, PBR with Bath, Pantry, Utility Room
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Equipment
Cable Hookup
Accessibility
Elevator

Construction & exterior

Style
Mid Rise, Transitional
Subtype
Attached
Foundation
Other, Pile
Roof
Other,Poly Skin
Exterior
EIFS,Other
Pool
No Pool
Fencing
Other
Waterfront
Bulkhead,Deep Water,Deep Water Access,Dock,Navigable
Deep-water access
Yes

Utilities & systems

Heating
Heat Pump
Cooling
Heat Pump
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
RUDEE INLET
Unit / floor
5
Zoning
RT3
Ownership
Condo
Garage
No
Parking
1 Space, Assigned/Reserved, Covered, Off Street
Possession
SETTLEMENT
Miscellaneous
Pet Restrictions
Disclosures
Common Interest Community, Disclosure Statement, Resale Certif Req

See more Virginia Beach waterfront homes.

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

Flood & environment

FEMA flood zone AE · base flood elevation 8 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Evacuation Zone C

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

Military Aircraft Zone Information

Aircraft Noise

70-75 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

VA 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

$3,558/mo

Principal & interest

$3,009

Property tax

$380

Home insurance

$169

PMI

None

HOA/Condo (paid separately)

$725

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

$349,000 – $700,000

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.

408 High Point AVE · 0.1 mi · 1,433 sqft$525,000 sold 2026-04
400 Rudee Point RD #307 · 0.2 mi · 1,460 sqft$590,000 sold 2026-07
815 Delaware AVE · 0.5 mi · 1,420 sqft$700,000 sold 2026-06

Sale & Tax History

List Price

$580,000

Price / Sq Ft

$387

Annual Taxes

$4,556

Monthly Tax

$380

Condo fee

$725 / mo

Tax Rate (effective)

0.79%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 12, 2026$580,000—
Price reducedAug 6, 2026$580,000−$15,000
SoldJul 31, 2026$580,000—

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.

Questions buyers ask

Real questions, answered from the record

Is 316 Winston Salem Ave #501 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), First Colonial (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 316 Winston Salem Ave #501 in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 8 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Is there a gym near 316 Winston Salem Ave #501?+
Yes — CoreStrength Center is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 316 Winston Salem Ave #501?+
Grommet Island Park is about 0.3 miles away.
Where is the nearest grocery store to 316 Winston Salem Ave #501?+
Prise's Food Mart is about 0.4 miles away. The closest dining on record is Big Sam's Inlet Cafe & Raw Bar (0.1 mi).
Is 316 Winston Salem Ave #501 a waterfront property?+
Yes. The listing record shows: Bulkhead,Deep Water,Deep Water Access,Dock,Navigable.
Does 316 Winston Salem Ave #501 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 RIA-MAR CONDO ASSOCIATION. Association amenities on record include: Boat Slip, Dock, Elevator, Ground Maint, Pool, Sewer, Trash Pickup, Water.
When was 316 Winston Salem Ave #501 built?+
It was built in 1986, 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 Deborah James · Deborah James & Associates · REIN MLS #10633619

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

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316 Winston Salem Ave #501, Virginia Beach — photo

This one's sold — the next one doesn't have to be.

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316 Winston Salem Ave #501, Virginia Beach, Virginia 23451 · MLS #10633619 · 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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