Home/Virginia/Virginia Beach/PACIFIC SOUTH CONDO/500 Pacific AVE #1012, VIRGINIABEACH VA 23451
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Coming Soon
Active
Under Contract
Sold
Off Market

12 days on market

$398,000

Price reduced $12Kfrom $409,900 · yesterday

500 Pacific Ave #1012

Virginia Beach, Virginia 23451

MLS# 10638491 · PACIFIC SOUTH CONDO · Virginia Beach VA

Updated yesterday · Source: REIN MLS

Est. payment

$2,436/mo

Edit below

Price / sq ft

$452

880 sq ft

Days on market

12

New listing

HOA

None

Year built

1973

53 yrs old

Beds

2

Full Baths

1

Half Baths

1

Sq Ft

880

Garage

Yes

Residential1 StoryCondoWaterfront — Pond

Schools

Info provided by GreatSchools

About this home

Welcome to this stunning condo on the 10th floor in Virginia Beach! Offering ocean views alongside peaceful pond views, 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 wi…

Listed by Stephanie Nance · Triumph Realty

VaHome Team property overview

At a glance

Meet 500 Pacific Ave #1012 — a two-bedroom, one-and-a-half-bath condo steps from the Virginia Beach oceanfront. At 880 square feet, it puts you within walking distance of restaurants, coffee, parks, and the Atlantic, with two military installations reachable in under ten minutes.

Read full property overview ↓

Why this home stands out

What sets unit 1012 apart is the combination of a walkable, resort-adjacent address and quick access to two major bases. Dame Neck Annex is six minutes away and NAS Oceana is seven — an unusual double-base convenience that's hard to find this close to the beach. Add a grocery store literally 0.1 miles out your door, multiple gyms nearby, and a half-dozen dining spots within a short stroll, and daily errands rarely require a car.

PACIFIC SOUTH CONDO and the Virginia Beach real estate market

Pacific Avenue is the main artery running parallel to the Virginia Beach oceanfront, and the 500 block sits right in the thick of the action — without being swallowed by the tourist strip. The surrounding blocks carry that familiar mix of year-round locals and seasonal energy, with independent restaurants, coffee shops, and small parks woven between the bigger attractions. Virginia Beach is a city that earns its reputation across every season, not just summer. Think about virginia beach in december: the crowds thin out, the boardwalk quiets down, and you still have mild coastal weather, open restaurants, and that same Atlantic horizon all to yourself. That off-season calm is part of what makes living here — rather than just visiting — feel like a genuine lifestyle upgrade. The city's resort district amenities are a short walk away, while the residential character of the surrounding streets keeps things grounded. Norfolk County jurisdictional lines and Virginia Beach city services both factor into daily life here, and the infrastructure reflects decades of investment in a community that takes its coastal identity seriously.

What's nearby

Prise's Food Mart is 0.1 miles away, making a quick grocery run genuinely quick. For dining, Get Stuffed, The Shack, and the Virginia Beach Taco Festival venue are all within a tenth of a mile — real variety before you've even left the block. Virginia Beach Coffee Co and 2D Cafe & Eatery are both 0.2 miles out for your morning routine. CoreStrength Center is right at 0.1 miles if you want to stay active, and TakeOver Athletics Shadowlawn adds another option at 0.4 miles. Virginia Legends Park, Grommet Island Park, and The Jetty are all within half a mile for outdoor time along the water.

For different buyers

For military families relocating

Dam Neck Annex is six minutes from your front door and NAS Oceana is seven — that kind of dual-base proximity is rare, especially at the oceanfront. A VA loan can make this unit more accessible than you might expect, and the walkable location means one car can genuinely cover most of your household's daily needs, which matters when deployments shift the schedule.

For first-time buyers

At 880 square feet with two bedrooms and one and a half baths, unit 1012 is a practical, manageable size for a first home — without feeling cramped. You're walking distance from groceries, coffee, parks, and dining, which keeps life simple. Virginia Beach in november and through the quieter winter months is a reminder that owning here is about the full year, not just peak season.

Frequently asked questions

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

Dam Neck Annex is approximately six minutes by car from this address. That short commute is one of the more practical advantages of this particular oceanfront location.

How far is 500 Pacific Ave #1012 from NAS Oceana?

NAS Oceana is about seven minutes away by car. Having two major installations within ten minutes of the same address is genuinely uncommon in the Virginia Beach market.

Is 500 Pacific Ave #1012 in a flood zone?

Given the property's proximity to the Atlantic coast, flood zone status is worth reviewing carefully — check the FloodRisk tile on this page for the current FEMA designation and what it means for insurance.

What is the building at 500 Pacific Ave like?

The building dates to 1973 and is a residential condominium structure on Pacific Avenue, one block from the Virginia Beach oceanfront. Unit 1012 is a two-bedroom, one-and-a-half-bath layout spanning 880 square feet.

Are there walkable restaurants and shops near 500 Pacific Ave #1012?

Yes — Get Stuffed, The Shack, and the Virginia Beach Taco Festival location are all within 0.1 miles, Prise's Food Mart is the same distance, and Virginia Beach Coffee Co is just 0.2 miles away. Most daily errands and meals are genuinely walkable from this address.

Curious whether 500 Pacific Ave #1012 fits your timeline and goals? Tom and Dariya Milan at LPT Realty know this stretch of Virginia Beach well — reach out and let's talk through it.

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

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Flood Risk

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Property Details

Bedrooms

2

Full Baths

1

Half Baths

1

Approx Sq Ft

880

Stories

1

Fireplaces

0

Flooring

Laminate/LVP

Heating

Cooling

Laundry

Interior Features

N/A

Appliances

Dishwasher, Disposal, Microwave, Elec Range, Refrigerator

Sale & Tax History

List Price

$398,000

Price / Sq Ft

$452

Annual Taxes

$3,062

Monthly Tax

$255

HOA

None

Tax Rate (effective)

0.77%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 6, 2026$398,000
Currently listed$398,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels. Fetched Jun 16, 2026.

28329% above assessment

Total Assessed

$1,400

Land

$1,400

Improvement

N/A

Parcel ID: 24272316710000

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.

About buying in Virginia Beach

Homes for sale in Virginia Beach, VA span every price point and lifestyle — from oceanfront condos along the famous Boardwalk to sprawling waterfront estates on the Lynnhaven River and Linkhorn Bay. As the largest city in Hampton Roads, Virginia Beach offers an unusually varied real estate market: established family neighborhoods in Great Neck (ZIP 23454), golf-course communities in Kempsville (23464), modern townhomes near Town Center (23462), and beach-cottage living along Sandbridge (23456). Whether you're searching for a starter home under $300K, a family home in a top-rated school district, or a luxury property north of $2 million, the active MLS inventory updates daily here. Buyer demand stays strong year-round, driven by Virginia Beach's mild coastal climate, the consistently top-ranked Virginia Beach City Public Schools (Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High among them), and the city's role as home to Naval Air Station Oceana — the largest master jet base in the country. Military families relocating here through PCS orders make up a meaningful share of buyers, and VA loan financing is widely used. First-time buyers gravitate toward the inland ZIPs (23464, 23456, 23452), while second-home and luxury buyers tend toward 23451 (Oceanfront/North End) and 23454 (Great Neck/Bay Colony). Below you'll find every active Virginia Beach home for sale pulled live from the REIN MLS and refreshed every 5 minutes.

See more Virginia Beach homes for sale →

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.

Estimate your monthly payment

$2,436/mo

Principal & interest

$2,065

Property tax

$255

Home insurance

$116

PMI

None

HOA

None

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.

Listed by Triumph Realty · MLS# 10638491

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

ACTIVE LISTING

$398,000

500 Pacific AVE #1012, VIRGINIABEACH VA 23451

Virginia Beach, Virginia 23451

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Quick Facts

TypeResidential
Year Built1973
Lot Size
Taxes$3,062/yr
HOANone
Heating
Cooling

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