Why this home stands out
What sets this ground-floor condo apart is the rare combination of genuine waterfront proximity and everyday practicality. At 1,498 square feet, the floorplan gives two full bedrooms and two full baths real breathing room — uncommon at this size class. Add a walkable cluster of waterfront dining right outside the door and two major military installations reachable in under ten minutes, and the address earns its place on a short list.
OCEAN WAY CONDOMINIUM and the Virginia Beach real estate market
Unit 103 sits in the Shore Drive corridor of Virginia Beach, a stretch of coastline that feels distinctly different from the resort strip — quieter, more residential, and deeply rooted in the water. The surrounding blocks mix low-rise condos with single-family homes, and the vibe leans toward people who actually live here year-round rather than just visit. If you've been searching for a home for sale virginia beach va that puts you inside the lifestyle rather than adjacent to it, this zip code delivers. Virginia Beach itself is the most populous city in the Commonwealth, covering a wide range of neighborhoods from the Oceanfront to the rural Agricultural Reserve. The 23451 zip puts you on the northern end of the beach, close to Chesapeake Bay access, with the Atlantic a short ride east. It's a city that rewards people who want outdoor recreation, a strong military community, and a genuine sense of place — all without sacrificing urban convenience.
What's nearby
Daily life is easy here. Prise's Food Mart handles quick grocery runs at just 0.4 miles, and Tienda Latina La Tapatia 2 is under a mile for specialty finds. For coffee, you have three options within half a mile — Zeke's, Virginia Beach Coffee Co, and a 7-Eleven for early-morning runs. When it's time to eat, Docktails VB is essentially at your doorstep, with The Dock Grill and Big Sam's Inlet Cafe & Raw Bar both within a tenth of a mile. Fitness options are solid too: CoreStrength Center is 0.3 miles away, TakeOver Athletics Shadowlawn and Kaizen Athletics round out the choices nearby. Grommet Island Park, The Jetty, and Marshview Park (Southside) are all under a mile for outdoor time.
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' key installations within easy reach. A VA loan can make ownership here straightforward, and BAH rates for the Virginia Beach area align well with this price range. Whether you're PCS-ing in or already stationed locally, the commute math works in your favor.
For buyers drawn to character
There's a lot to love if you're drawn to a home with a sense of place rather than a generic subdivision. The Shore Drive corridor has personality — waterfront restaurants steps away, parks along the bay, a tight-knit community of year-round residents. A 1985 build means the bones are solid and the floorplans were designed with livable square footage in mind, not just maximized unit counts. This is Virginia Beach for sale at its most authentic.
More buyer questions
How far is 500 Winston Salem Ave #103 from Dam Neck Annex?
Dam Neck Annex is approximately six minutes by car from this address. The straightforward route along Shore Drive makes the daily commute predictable regardless of the time of day.
How far is 500 Winston Salem Ave #103 from NAS Oceana?
NAS Oceana is about seven minutes away by car. That puts two major Virginia Beach installations within a combined ten-minute radius of this address.
Is 500 Winston Salem Ave #103 in a flood zone?
Given its location in the Shore Drive waterfront corridor of Virginia Beach, 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.
Does 500 Winston Salem Ave #103 have an HOA?
Yes, this condo is part of a homeowners association. Specific fee amounts and what they cover are best confirmed through current association documents at the time of your inquiry.
What is the walkability like around 500 Winston Salem Ave #103?
Walkability is a genuine strength here — waterfront restaurants, a park, a gym, and a grocery store are all within half a mile, making it easy to handle a good portion of daily errands and leisure on foot.
Ready to see 500 Winston Salem Ave #103 in person? Tom and Dariya Milan at LPT Realty know this corridor well — reach out and let's set up a walkthrough.