221 Market St Unit 548, Virginia Beach, VA, 23462
About This Home
Experience the best of urban living in this stunning 5th-floor loft at Studio 56, ideally located in the heart of Town Center Virginia Beach. This stylish residence showcases true industrial-inspired design with soaring ceilings, exposed architectural details, and an open-concept floor plan filled with natural light. The thoughtfully designed separate bedroom offers privacy while featuring a custom built-in dresser that maximizes both style and functionality. The spacious living area flows seamlessly into the kitchen, creating the perfect setting for entertaining or relaxing after a day in the city. Whether you're enjoying a quiet evening at home or outside to explore, this location offers an unmatched lifestyle. Just moments from some of Virginia Beach's finest restaurants, vibrant nightlife, shopping, entertainment, and year-round events, you'll love having everything Town Center has to offer right outside your door. If you've been searching for low-maintenance living with modern industrial flair in one of Virginia Beach's most desirable locations, this exceptional Studio 56 loft is ready to impress.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 2008
Materials
- Foundation: Slab
- Roof: Poly Skin
- Construction materials: Masonry,Other
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: 220 V Elec,Dishwasher,Disposal,Dryer,Microwave,Electric Range,Refrigerator,Washer,Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Ceiling Fan(s)
- Window features: Window Treatments
- Flooring: Ceramic Tile,Laminate/LVP
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Central Air,Heat Pump
Interior Area
- Total interior livable area: 845 sqft
Property
Accessibility
- Accessibility features: Accessible Elevator Installed
Details
- Parcel number: 14774488920548
- Attached to another structure: Yes
- Zoning: B3A
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: City
- Waterfront features: Not Waterfront
Parking
- Parking features: Parking Gar,Close to Mass Transit,Off Street,On Street
- Has garage: Yes
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,602 | $19,224 |
| Home Insurance * | $139 | $1,668 |
| Property Taxes | $247 | $2,964 |
| Electricity | $202 | $2,433 |
| Total | $2,190 | $26,280 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
No price history available
For Sale by Agent
View on Zillow