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Reef Court 2708 Reef Ct 21 Unit Apartment Building For Sale Virginia Beach, VA 23451
Investment Highlights
- The Property is located in Virginia Beach’s Beach Borough neighborhood, a five-minute walk from the thriving Vibe Creative District
Executive Summary
Twenty-one luxury apartment units, zoned and permitted for short-term rental
use, located one-block from Virginia Beach’s oceanfront. The property, renovated
in 2026 consists of 4 two-bedroom townhomes, 16 two-bedroom flats, and 1
one-bedroom flat, and features a distinct Mediterranean aesthetic well-suited for it’s
beachside location. All 21 units have been extensively renovated with best-in-class
finishes and materials.
use, located one-block from Virginia Beach’s oceanfront. The property, renovated
in 2026 consists of 4 two-bedroom townhomes, 16 two-bedroom flats, and 1
one-bedroom flat, and features a distinct Mediterranean aesthetic well-suited for it’s
beachside location. All 21 units have been extensively renovated with best-in-class
finishes and materials.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Lot Size | 0.49 AC |
| No. Units | 21 | Building Size | 20,372 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1970/2026 |
| Apartment Style | Low-Rise | Parking Ratio | 0.88/1,000 SF |
| Building Class | B | ||
| Zoning | A12 | ||
| Sale Type | Investment |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 20,372 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2026 |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | A12 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Carpet
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2428-00-3744 | Improvements Assessment | $4,096,800 |
| Land Assessment | $1,658,700 | Total Assessment | $5,755,500 |
Property Taxes
Parcel Number
2428-00-3744
Land Assessment
$1,658,700
Improvements Assessment
$4,096,800
Total Assessment
$5,755,500
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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