73 days on market
$625,000
1512 Mediterranean A &Amp; B Ave
Virginia Beach, Virginia 23451
MLS# 10624030 · BEACH BOROUGH · Virginia Beach VA
Updated 2 days ago · Source: REIN MLS
Est. payment
$3,801/mo
Edit below
Price / sq ft
$325
1,922 sq ft
Days on market
73
HOA
None
Year built
1969
57 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
1,922
Garage
N/A
About this home
Make some money on this promising 2 unit duplex one side is all Remodeled (paint/flooring/kitchen/more!). The other side has a very neat & Tidy renter. Both leases end 07/31/2026. The elementary school is across the street. The restaurants, the dome, the beach are all within blocks. The floors are new LVT in the downstairs, Carpet upstairs. New appliances on side A . All brick property. B Side rent $1450. A is $1695.…
Listed by Jackie Ellis Dunbar · RE/MAX Alliance
VaHome Team property overview
1512 Mediterranean Ave A & B is a 1,922-square-foot multi-family property built in 1969, sitting inside Beach Borough — one of Virginia Beach's most walkable pockets, just minutes from the oceanfront and two major military installations.
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Why this home stands out
What sets this address apart is the rare combination of a dual-unit layout and a location that puts you within a short walk of the oceanfront corridor, independent restaurants, yoga studios, and specialty coffee shops. The 1969 construction gives the building a solid mid-century bones, and the Beach Borough address means you're inside the kind of compact, character-rich neighborhood that's genuinely hard to find in Virginia Beach.
BEACH BOROUGH and the Virginia Beach real estate market
Beach Borough is one of those neighborhoods that surprises people — it reads more like a coastal village than a mid-Atlantic suburb. The streets are tight, the businesses are independent, and the whole area has a creative, community-forward energy that's been building for years. You're steps from the Virginia Beach Oceanfront, close to the resort strip without being swallowed by it, and surrounded by a mix of longtime residents and newer arrivals who chose this pocket specifically for its walkability and character. If you've been doing a virginia beach property search and keep circling back to addresses near the water, Beach Borough is the neighborhood that tends to stick. Virginia Beach as a city offers miles of coastline, a robust parks system, and a year-round event calendar — but few neighborhoods deliver the walkable daily-life experience that Beach Borough does. The city's infrastructure, Atlantic Avenue access, and proximity to both the resort area and residential quiet make this one of the more distinctive ZIP codes in the region.
What's nearby
Daily life at 1512 Mediterranean Ave runs at a comfortable pace. Hearth Wood Fired Cuisine & Craft Beer, Mary's Kitchen, and Prosperity Kitchen and Pantry are all within a tenth of a mile — meaning dinner options are genuinely walkable. Fathom Coffee and Commune are right there for your morning routine, and Kaizen Athletics, Oceanfront Yoga, and Flo Pilates Studio give you fitness choices without a commute. Vibe Park is two blocks away, Season for Nonviolence Parklet is a short stroll at 0.3 miles, and Tienda Latina La Tapatia 2 handles grocery runs at 0.3 miles out.
For different buyers
For military families relocating
NAS Oceana and Dam Neck Annex are each about seven minutes away — a commute that's genuinely short by Hampton Roads standards. A multi-family layout at this address can work well for households that want flexibility in how they use space, and the proximity to both installations means BAH calculations for Virginia Beach zip codes apply here. VA loan eligibility makes this address worth a close look for active-duty and veteran buyers.
For buyers drawn to character
If cookie-cutter subdivisions aren't your thing, Beach Borough delivers something different. The 1969 build, the dual-unit structure, the walkable block full of independent businesses — it all adds up to a property with genuine personality. You're not buying into a master-planned community; you're buying into a neighborhood with its own rhythm, its own regulars at the coffee counter, and its own sense of place.
Frequently asked questions
How far is 1512 Mediterranean Ave from NAS Oceana?
NAS Oceana is approximately seven minutes from 1512 Mediterranean Ave by car, making it one of the shorter base commutes available in the Virginia Beach market. Dam Neck Annex is also about seven minutes in the opposite direction.
What is Beach Borough like as a neighborhood?
Beach Borough is a compact, walkable neighborhood close to the Virginia Beach Oceanfront with a strong independent business scene — coffee shops, yoga studios, and local restaurants are all within a few blocks. It has a creative, community-oriented character that sets it apart from more suburban Virginia Beach neighborhoods.
Is 1512 Mediterranean Ave in a flood zone?
Flood zone status for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA designation and any relevant details for this specific parcel.
What type of property is 1512 Mediterranean Ave A & B?
It's a multi-family residential property with a dual-unit configuration (Unit A and Unit B), totaling 1,922 square feet, built in 1969.
Does 1512 Mediterranean Ave have an HOA?
Based on available property data, this address does not appear to be governed by a homeowners association, though buyers should verify current status during the due-diligence period.
Want to see how 1512 Mediterranean Ave fits your goals? Tom and Dariya Milan at LPT Realty know Beach Borough well — reach out and let's talk through it.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
1512 Mediterranean A & B AVE, Virginia Beach
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
1,922
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$625,000
Price / Sq Ft
$325
Annual Taxes
$4,511
Monthly Tax
$376
HOA
None
Tax Rate (effective)
0.72%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 7, 2026 | $625,000 | — |
| Currently listed | — | $625,000 | — |
Public-Records Assessment
Source: Virginia Beach via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$465,100
Land
$322,400
Improvement
$142,700
Parcel ID: 24179691750000 · View on city GIS portal
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:
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
Virginia Beach is the largest city in Hampton Roads and one of Virginia's most desirable real estate markets. From oceanfront condos along the boardwalk to golf-course communities in Kempsville, established family neighborhoods in Great Neck, and waterfront homes along the Lynnhaven River, the housing inventory here is unusually varied. The city's strong public schools, mild coastal climate, and proximity to Naval Air Station Oceana keep buyer demand consistent year-round, and active inventory typically ranges from sub-$300K starter homes to multi-million-dollar luxury estates.
Military Commute
Drive times to nearest basesDrive 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
$3,801/moPrincipal & interest
$3,243
Property tax
$376
Home insurance
$182
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 RE/MAX Alliance · MLS# 10624030
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$625,000
1512 Mediterranean A & B AVE, VIRGINIABEACH VA 23451
Virginia Beach, Virginia 23451
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