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Virginia BeachPACIFIC SOUTH CONDO500 Pacific Ave #1012✓ Source: REIN MLS #10648303 · record updated Aug 18, 2026 · synced every 2 min · your inquiry is never resold
500 Pacific AVE #1012, VIRGINIA BEACH VA 23451 - Main photo
500 Pacific AVE #1012, VIRGINIA BEACH VA 23451 - Photo 2
500 Pacific AVE #1012, VIRGINIA BEACH VA 23451 - Photo 3
500 Pacific AVE #1012, VIRGINIA BEACH VA 23451 - Photo 4
500 Pacific AVE #1012, VIRGINIA BEACH VA 23451 - Photo 5
2beds
1.1baths
880sqft
8days on market

500 Pacific Ave #1012, Virginia Beach, VA 23451

ActiveResidential · built 1973 · PACIFIC SOUTH CONDO

Chapter · The Water

Life on the water

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

Frontage

Pond ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

Facts & features

Type

Residential

Year built

1973

Price / sqft

$431

Condo fee

$600/mo

Taxes

$3,062/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10648303

Condo association includes

CableCoin OperatedClubhouseElevatorGround MaintPoolSecuritySewerTennis CtsTrash PickupWater

$600/mo condo fee · Pacific South Condo Association · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
2
Full baths
1
Half baths
1
Approx. sqft
880
Stories
1
Flooring
Laminate/LVP
First-floor bed & full bath
Yes
Total rooms
4
Other rooms
1st Floor BR, 1st Floor Primary BR, Assigned Storage, Balcony, Pantry
Appliances
Dishwasher, Disposal, Microwave, Elec Range, Refrigerator
Equipment
Cable Hookup

Construction & exterior

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

Utilities & systems

Heating
Electric
Cooling
Central Air
Water heater
Other
Sewer
City/County

Lot, parking & ownership

Subdivision
PACIFIC SOUTH CONDO
Unit / floor
10
Zoning
RT1
Ownership
Condo
Garage
Yes
Parking
Parking Gar, Assigned/Reserved
Possession
SETTLEMENT
Miscellaneous
Pet Restrictions
Disclosures
Disclosure Statement, Resale Certif Req

See more Virginia Beach waterfront homes.

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

About this home

Welcome to this stunning condo on the 10th floor in Virginia Beach! Offering ocean views alongside Lake Holly, this residence delivers the perfect blend of coastal living and modern comfort.Completely refreshed in recent years, the home features an updated kitchen (2023) and bathrooms (2023) with new flooring throughout (2023), and a brand-new HVAC system installed in 2024. Only 1 block from the boardwalk with tons of local restaurants. Condo fee include water, sewer, cable, ground maintenance, trash pickup, pool, tennis courts, pickleball, shuffleboard, elevator and security! Laundry facilities are conveniently located on every floor. Parking is a breeze with two assigned parking passes plus ample visitor parking. Whether you're looking for a primary residence or a second home, this condo is ready for you to move in and start enjoying coastal living at its finest.

Listing courtesy of Stephanie Nance · Triumph Realty · REIN MLS #10648303

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

Unit 1012 at 500 Pacific Avenue puts you two blocks from the Virginia Beach oceanfront in an 880-square-foot, two-bedroom condo built in 1973 — with Dam Neck Annex six minutes away and a walkable stretch of restaurants, coffee shops, and parks right outside your door.

Read the full overview ↓

Why this home stands out

What sets this tenth-floor unit apart is the combination of a genuine beach-town address and real-world convenience. Virginia Beach homes for sale at this zip code rarely land you this close to the sand while keeping groceries, gyms, and a half-dozen dining spots within a five-minute walk. The 1973 building has the bones of a classic Virginia Beach high-rise, and the two-bedroom, one-and-a-half-bath layout squeezes smart livability into 880 square feet.

PACIFIC SOUTH CONDO and the Virginia Beach real estate market

Pacific Avenue is the spine of the Virginia Beach Resort Area — the corridor that connects the boardwalk energy of Atlantic Avenue to the quieter residential blocks just inland. Unit 1012 sits at the southern end of that stretch, where the tourist buzz softens into a neighborhood rhythm that locals actually live year-round. You're in the 23451 zip code, one of the most recognizable addresses on the East Coast, and the block-by-block mix here reflects that: surf shops and seafood spots share sidewalks with coffee counters and fitness studios. Virginia Beach itself is a city of roughly 460,000 people spread across a wide geography, but this corner of it — the oceanfront resort district — is its most walkable, most energetic, and most distinctly coastal pocket. Families comparing homes for sale in 23451 will notice immediately that this is a neighborhood you can actually live without a car for daily errands, which is rare in Hampton Roads.

What's nearby

Step outside and daily life snaps into place fast. Calypso Bar & Grill, Chicho's Pizza, and Belvedere Coffee Shop & Diner are all within a block, so weeknight dinners and weekend brunches are genuinely walkable. For a morning cup before work, Belvedere, 2D Cafe & Eatery, and Virginia Beach Coffee Co are all within two-tenths of a mile. Prise's Food Mart handles quick grocery runs at 0.2 miles, with Price Chopper and Tienda Latina La Tapatia 2 both under a mile for a fuller shop. Virginia Legends Park and 17th Street Park give you green space within half a mile, and CoreStrength Center, What's Your Excuse Fitness, and TakeOver Athletics Shadowlawn mean you'll never run out of workout options nearby.

For different buyers

For military families relocating

Dam Neck Annex is a six-minute drive and NAS Oceana is seven minutes out — two of Hampton Roads' most active installations within a single commute window. A VA loan can make a no-down-payment path to ownership here very real, and the walkable resort-area location means a relocating family can settle into Virginia Beach life quickly, with restaurants, parks, and groceries all within easy reach from day one.

For first-time buyers

At 880 square feet with two bedrooms and one-and-a-half baths, this condo is a practical first step into homeownership in one of Virginia Beach's most coveted zip codes. The walkable location keeps car dependency low, and the building's established 1973 construction means the community has decades of history behind it. If you're weighing homes for sale in Virginia Beach and want an oceanfront address without the sprawl of a larger property, this unit deserves a close look.

More buyer questions

How far is 500 Pacific Ave #1012 from Dam Neck Annex?

Dam Neck Annex is approximately six minutes by car from 500 Pacific Avenue — one of the shortest base commutes available from an oceanfront Virginia Beach address. NAS Oceana is equally close at about seven minutes.

Is 500 Pacific Ave #1012 in a flood zone?

Flood zone designation for this address is covered in the dedicated FloodRisk tile on this page — check that section for the current FEMA map classification and what it means for insurance.

What schools serve 500 Pacific Ave #1012?

Buyers comparing homes for sale zoned for First Colonial High School and homes for sale zoned for Cooke Elementary School will want to verify current zoning assignments directly with Virginia Beach City Public Schools, as boundaries can change.

How walkable is the 500 Pacific Ave building?

Very walkable — Calypso Bar & Grill, Chicho's Pizza, and Belvedere Coffee Shop & Diner are all within a block, Prise's Food Mart is 0.2 miles away, and Virginia Legends Park is a short stroll. Most daily errands can be handled on foot.

What is the building at 500 Pacific Ave like?

500 Pacific Avenue is a residential high-rise built in 1973, offering condominium units in the heart of the Virginia Beach Resort Area. Unit 1012 sits on the tenth floor, giving it elevated positioning within the building's established structure.

Tom and Dariya Milan at LPT Realty know this stretch of Virginia Beach well — reach out to get the full picture on Unit 1012 and what ownership here looks like for your situation.

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

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

Virginia Beach$320K – $440K2+ 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 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

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

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

$2,335/mo

Principal & interest

$1,969

Property tax

$255

Home insurance

$111

PMI

None

HOA/Condo (paid separately)

$600

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

Why the land carries the value

Asking vs. assessment

27107% of $1,400

City assessment record · taxes $3,062/yr

Land share of assessed value

100% — $1,400

Improvements $0 · assessor record ✓

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.

500 Pacific AVE #211 · 0 mi · 950 sqft$425,000 sold 2026-06
532 9th ST · 0.3 mi · 916 sqft$449,900 sold 2026-07
500 Pacific Avenue NONE #401 · 0.2 mi · 950 sqft$400,000 sold 2026-08

Own a home nearby? See what it is worth today — What's your Virginia Beach home worth?

Sale & Tax History

List Price

$379,500

Price / Sq Ft

$431

Annual Taxes

$3,062

Monthly Tax

$255

Condo fee

$600 / mo

Tax Rate (effective)

0.81%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 10, 2026$379,500
Currently listed$379,500

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

27007% above assessment

Total Assessed

$1,400

Land

$1,400

Improvement

N/A

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

8 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 500 Pacific Ave #1012 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), First Colonial (VaHome School Score 7.4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 500 Pacific Ave #1012 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 500 Pacific Ave #1012?+
Yes — CoreStrength Center is about 0.1 miles away, per the cached nearby-places record for this address.
Are there parks near 500 Pacific Ave #1012?+
Virginia Legends Park is about 0.4 miles away.
Where is the nearest grocery store to 500 Pacific Ave #1012?+
Prise's Food Mart is about 0.1 miles away. The closest dining on record is Virginia Beach Taco Festival (0.1 mi).
Is 500 Pacific Ave #1012 a waterfront property?+
Yes. The listing record shows: Pond.
Does 500 Pacific Ave #1012 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 Pacific South Condo Association. Association amenities on record include: Cable, Coin Operated, Clubhouse, Elevator, Ground Maint, Pool, Security, Sewer, Tennis Cts, Trash Pickup.
When was 500 Pacific Ave #1012 built?+
It was built in 1973, 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

Brokered by LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of Stephanie Nance · Triumph Realty · REIN MLS #10648303

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

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500 Pacific Ave #1012, Virginia Beach — photo

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

Call or text (757) 777-7577

500 Pacific Ave #1012, Virginia Beach, Virginia 23451 · MLS #10648303 · 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.