Public Auction | 3BR/1.5BA Condominium in the North End | 2 Blocks to Oceanfront | 5104 Atlantic Ave | Virginia Beach, VA

Details

TRUSTEE AUCTION

5104 Atlantic Ave, Virginia Beach, VA 23451

Discover coastal living in this spacious 3-bedroom, 1.5-bath condominium just two blocks from the Virginia Beach oceanfront. Nestled in the sought-after North End, this 1,762± SF home, built in 1945, blends timeless charm with an unbeatable location. Stroll to the boardwalk, bike to First Landing State Park, and enjoy easy access to nearby dining, shopping, and entertainment.

• Assessed for $628,000! Opening Bid Only $375,000!
• 1,7692± SF Condominium, 2 Blocks from the Oceanfront
• Located in Virginia Beach’s desirable North End neighborhood
• Convenient to First Landing State Park, the Boardwalk and plenty of dining, shopping and entertainment.

Sale Date and Time

Online Bidding Opens: Thursday, October 2^nd at 1:00 PM

Live, Onsite Bidding Begins: Thursday, October 2^nd at 1:00 PM

Sale Closes: Thursday, October 2^nd at approximately 1:30 PM

Sale Location: Online and at the front entrance to the buildings housing the City of Virginia Beach Circuit Court, 2425 Nimmo Parkway, Buildings 10 & 10B, Virginia Beach, VA 23456

Why You’ll Love It

• Living just two blocks from the beach means sunrises by the water, evening walks on the sand, and year-round coastal living.
• Built in 1945, the condo offers character and history you won’t find in newer builds, paired with a spacious 1,762± SF layout
• Whether it’s a stroll to the boardwalk, a bike ride to First Landing State Park, or exploring nearby dining and shops, you’ll always have something to do just outside your door.
• Perfect as a full-time residence, a second home, or even a vacation retreat to share with family and friends

Why Virginia Beach?

• The Oceanfront Lifestyle - Miles of sandy beaches along the Atlantic Ocean and Chesapeake Bay, a vibrant boardwalk lined with restaurants, shops, and entertainment, and endless opportunities for swimming, boating, surfing, fishing, and kayaking
• Outdoor Recreation - Access to First Landing State Park, Back Bay National Wildlife Refuge, and False Cape State Park for hiking, biking, and kayaking, as well as, a city that offers both ocean and bay experiences, plus scenic waterways for year-round outdoor fun
• Culture & Lifestyle - A blend of casual coastal living with access to concerts, museums, and festivals. Fresh seafood, farmers markets, breweries, and a growing food scene, as well as family-friendly amenities with excellent schools, parks, and community events
• Diverse Living Options - Neighborhoods range from quiet suburban communities to bustling oceanfront condos. Options for waterfront properties, golf course communities, and family-friendly subdivisions
• Convenience & Location - Close to Norfolk, Chesapeake, and the greater Hampton Roads region, offering big-city resources with a beach-town vibe. Easy day trips to Williamsburg, Richmond, and the Outer Banks of North Carolina

Click here to learn more about Virginia Beach!

Ideal For

• Families or individuals looking for a weekend getaway or seasonal retreat near the ocean and boardwalk
• Those interested in a property with strong rental potential in a high-demand vacation market
• Someone who dreams of living steps from the sand, enjoying sunrise walks, bike rides to First Landing State Park, and a year-round coastal lifestyle

Auction Term Highlights and Bidder Requirements

• Auction Term Highlights
  • Buyer’s Premium: A 10% buyer’s premium will be added to the highest bid to determine the purchase price
  • Deposit: An initial deposit of $10,000 required for bidder registration and payable at time of sale. The balance of the 10% Buyer’s Premium is due within 3 business days following the sale completion
  • Settlement: Settlement must occur within 30 days of the sale. Time is of the essence
  • Online Registration Deadline: Online registration must occur no later than 24 hours prior to the auction start time
• Online Bidders
  • All bidders MUST register and submit the initial deposit no later than 24 hours prior to the sale start time via wire transfer
  • All required documentation must be fully completed and submitted before bidding privileges are approved
• Live Bidders
  • On-site registration will be available on the day of the auction, please make sure to arrive early to complete your registration
  • A cashier’s check payable to yourself or Motleys is required at check-in for registration
  • All participants must complete the registration form to receive bidding approval

Important to Note

• All sales are AS-IS, WHERE-IS and WITHOUT ALL FAULTS
• All bidders are encouraged to conduct their own due diligence regarding the property prior to bidding

Call Ernie Rogers at 804-334-4558 or erogers@motleys.com