Why this home stands out
At 3,036 square feet, this 1985-built condo delivers the kind of square footage you'd expect from a single-family home, wrapped in a low-maintenance lifestyle right at the water's edge. Three full baths plus a half bath means no one's waiting in line on a busy morning, and the three-bedroom layout gives you genuine flexibility — whether that's a home office, a guest suite, or both.
OCEAN WAY CONDOMINIUM and the Virginia Beach real estate market
Virginia Beach has a personality that surprises people who only know it as a summer destination. Even when you're experiencing va beach in winter, this stretch near the Rudee Inlet and the southern end of the Oceanfront stays lively — local restaurants stay open, the boardwalk is walkable without the crowds, and the coastal light on a clear January afternoon is something else entirely. The area around Winston Salem Ave sits where the resort strip transitions into a more residential rhythm, giving you genuine beach-town energy without the wall-to-wall tourist traffic. Virginia Beach is an independent city — no county layer — which keeps local services streamlined. The neighborhood draws a mix of military families, working professionals, and longtime residents who simply refuse to live anywhere that isn't within earshot of the ocean. It's a community with real roots and a very specific sense of place.
What's nearby
Daily life is easy here. Groceries are covered at Prise's Food Mart half a mile away, with Tienda Latina La Tapatia 2 just a mile out for specialty finds. For coffee before a morning walk, Zeke's, Virginia Beach Coffee Co, and a 7-Eleven are all within half a mile. Dining is almost embarrassingly convenient — Docktails VB and The Dock Grill are essentially at your doorstep, and Rudee's Restaurant and Cabana Bar is just a tenth of a mile away. When it's time to move your body, CoreStrength Center is three-tenths of a mile out, with TakeOver Athletics Shadowlawn and Kaizen Athletics close behind. Grommet Island Park, The Jetty, and Marshview Park are all within walking distance for fresh air and open water views.
For different buyers
For military families relocating
Dam Neck Annex is a six-minute drive and NAS Oceana is seven minutes out — commute times that make a real difference during a busy duty week. A VA loan can be a strong tool for a property like this, and the size of the unit means the whole family has room to settle in properly rather than just survive a tour. The waterfront location is the kind of thing families talk about long after PCS orders move them on.
For families upgrading
Three bedrooms and three and a half baths across more than 3,000 square feet gives a growing family genuine breathing room — separate spaces for work, play, and guests without anyone feeling crowded. The condo format handles exterior maintenance so weekends stay free, and the walkable waterfront location means after-school and weekend activities are steps away rather than a car ride.
More buyer questions
How far is 500 Winston Salem Ave #503 from Dam Neck Annex?
Dam Neck Annex is approximately six minutes by car from this address, making it one of the more convenient locations in Virginia Beach for personnel assigned there.
How far is 500 Winston Salem Ave #503 from NAS Oceana?
NAS Oceana is about seven minutes away by car, giving you quick access to one of the region's largest employers and military installations.
Is 500 Winston Salem Ave #503 in a flood zone?
Given its proximity to the Rudee Inlet and the Virginia Beach coastline, 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 #503 have an HOA?
Yes, this condo is part of a homeowners association — HOA membership is standard for this type of property and typically covers shared building and common area maintenance.
What is the walkability like around 500 Winston Salem Ave #503?
Walkability is a genuine strength here — restaurants, coffee shops, parks, and the waterfront are all within a half mile, and the broader Oceanfront area is easily accessible on foot or by bike.
Ready to get a closer look at 500 Winston Salem Ave #503? Tom and Dariya Milan at LPT Realty know this stretch of Virginia Beach well — reach out and let's talk through the details.
