Why this home stands out
What sets this 1985-built ground-floor condo apart is the combination of genuine square footage — 1,498 feet is roomy for a two-bedroom at the beach — and a location that's both a leisure address and a practical one. You're within walking distance of three waterfront restaurants, two parks, and multiple fitness studios, yet you can reach two major military installations in under ten minutes. That balance is genuinely hard to find among Virginia Beach homes for sale.
OCEAN WAY CONDOMINIUM and the Virginia Beach real estate market
The 23451 zip code is one of Virginia Beach's most sought-after coastal pockets, anchored by the Oceanfront resort strip to the north and quieter residential blocks just inland. Winston Salem Ave sits in that sweet spot — close enough to feel the beach-town energy, far enough to enjoy a neighborhood pace. The streets here are flat and walkable, lined with a mix of condos, cottages, and small commercial nodes that serve residents year-round, not just summer visitors. Virginia Beach itself stretches from the Atlantic coast all the way to the North Carolina border, but this corner of the city — the resort district and its surrounding neighborhoods — carries a distinct character: outdoor-oriented, socially active, and genuinely livable in every season. The city's extensive trail network, its boardwalk, and its parks system all radiate outward from this zip code, making it a natural hub for anyone who wants coastal life without sacrificing everyday convenience.
What's nearby
Step outside and the options stack up fast. Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all within 0.2 miles — waterfront dining on a Tuesday feels normal here. Grab your morning coffee at Zeke's (0.5 mi), Virginia Beach Coffee Co (0.7 mi), or the nearby 7-Eleven when you're moving quickly. Prise's Food Mart handles quick grocery runs at 0.7 miles, with Tienda Latina La Tapatia 2 a mile out for specialty items. Marshview Park (Southside) is 0.4 miles away, Grommet Island Park — an accessible, inclusive park right on the inlet — sits 0.6 miles out. For fitness, TakeOver Athletics Shadowlawn, CoreStrength Center, and ReStormi Pilates are all under a mile.
For different buyers
Base commute and VA loan notes
Dam Neck Annex is a six-minute drive and NAS Oceana is seven — two major installations within a single commute window. A VA loan can make a condo like this very accessible, and the location means less time in the car and more time at the beach. Families comparing homes for sale in 23451 with a short base commute will find this address checks both boxes cleanly.
For first-time buyers
At 1,498 square feet with two full baths, this condo gives first-time buyers real breathing room — no compromising on space to get a coastal address. The walkable restaurant and park scene means you're not car-dependent for evenings out, and the proximity to two military bases makes it a practical choice if you're using a VA loan for the first time. There's a lot to love here as a starting point.
More buyer questions
How far is 500 Winston Salem Ave #103 from Dam Neck Annex?
Dam Neck Annex is approximately six minutes by car — one of the shortest base commutes you'll find from a condo at this price point and location. NAS Oceana is about seven minutes in the opposite direction.
What is the flood zone status for 500 Winston Salem Ave #103?
Flood zone information for this address is covered in the dedicated FloodRisk tile on this page — check that section for the current FEMA designation and what it means for insurance.
Is 500 Winston Salem Ave #103 part of an HOA?
Yes, this condo is part of a homeowners association. The HOA covers common area maintenance and building exterior upkeep — confirm current dues and rules with the listing agent during your due diligence period.
What schools serve 500 Winston Salem Ave #103?
Families 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 with Virginia Beach City Public Schools, as boundaries can change.
Where is the nearest grocery store to 500 Winston Salem Ave #103?
Prise's Food Mart is the closest at 0.7 miles, with Tienda Latina La Tapatia 2 about a mile away for specialty Latin grocery items.
Ready to see 500 Winston Salem Ave #103 in person? Tom and Dariya Milan at LPT Realty know this coastal Virginia Beach market inside and out — reach out to schedule your visit.
