Description
Your opportunity to own a high performing, luxury short term rental in East Beach with a rare 5-year CUP is here! Fully furnished, professionally managed generating over $107,000 annual gross income, offering a compelling cap rate (~8%+) with clear upside. Built in 2022, all major systems are only four years old meaning this is a true turnkey opportunity. Designed for larger groups, the spacious layout and curated interiors create a premium guest experience that drives consistent bookings and repeat stays. Located just steps from the Chesapeake Bay in one of Norfolk’s most sought after waterfront communities, with quick access to East Beach dining, marinas, and amenities. Naval Station Norfolk, JEB Little Creek and the airport minutes away. East Ocean View has a limited inventory of legal STRs, this is a standout investment or beach home with proven success!
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4BEDS
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N/AACRES
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2BATHS
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11/2 BATHS
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2,550SQFT
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$263$/SQFT
School Information
Description
Your opportunity to own a high performing, luxury short term rental in East Beach with a rare 5-year CUP is here! Fully furnished, professionally managed generating over $107,000 annual gross income, offering a compelling cap rate (~8%+) with clear upside. Built in 2022, all major systems are only four years old meaning this is a true turnkey opportunity. Designed for larger groups, the spacious layout and curated interiors create a premium guest experience that drives consistent bookings and repeat stays. Located just steps from the Chesapeake Bay in one of Norfolk’s most sought after waterfront communities, with quick access to East Beach dining, marinas, and amenities. Naval Station Norfolk, JEB Little Creek and the airport minutes away. East Ocean View has a limited inventory of legal STRs, this is a standout investment or beach home with proven success!
