1005 Pacific Ave, Virginia Beach, VA 23451 Property Records

Virginia Beach City property record for 1005 Pacific Ave, Virginia Beach, VA 23451

Property Summary

Property Type	Hotel
Details	71 sqft · built 1968
Lot Size	0.584 acres (25,435 sqft)
Owner	Company Name on Record
Last Sale	$5,500,000 (Mar 2021)
Tax Bill	$38,765 (2025)
Deeds & Mortgages	Dec 2022 Line of Credit Mar 2021 Sale & Mortgage
APN	`2427-24-2723`

Property Details

APN / Parcel Number

Primary APN	`2427-24-2723`
Alternative APN	`242-724-27230-000`

Interior

Units	70 Units
Stories	1 Story
Building Area	71 sqft Gross Area
1st Floor Area	71 sqft

Exterior

Year Built	Built 1968
Effective Year Built	Effective 1968
Exterior Material	Brick
Construction Type	Steel Frame
Fire Resistance	Fireproof Steel Frame
Roof Material	Composition Shingle
Lot Area	25,435 sqft (0.584 acres)

Utilities, Heating & Cooling

Cooling System	None
Sewer	Connected

Location & Zoning

Old Parcel Number	2427-24-2723
Street Address	1005 PACIFIC AVE
City	VIRGINIA BEACH
State	VA
Zip	23451-3511
Property Category	Commercial
Property Type	Commercial > Retail > Hotel
Local Zoning Code	OR
Legal Description	JOHNSON DEVELOPMENT LOTS 6 9 10 W PT OF 5 & JIB LOT BK 11
Legal Subdivision	JOHNSON DEVELOPMENT
Legal Block	11
Legal Lot Number	6
Jurisdiction	VIRGINIA BEACH CITY VA
Township / Civil Division	VIRGINIA BEACH
Census Block Group	2
Census Block	2014
Census Tract	44008

Owner

Source: Virginia Beach City records, as of October 14, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	1005 PACIFIC AVE, VIRGINIA BEACH, VA 23451-3511
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Dec 30, 2022	Deed of Trust, Mortgage · Line of Credit LANGLEY FCU
Mar 15, 2021	Deed, Transfer · SBA Mortgage FIRST CHATHAM BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 15, 2021 · Amount on Record
Deed Sale	Mar 15, 2021 · Amount on Record
Prior Sale	Mar 15, 2021 · Amount on Record
Deed Document Number	20211468
Record Updated	Oct 29, 2026

December 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	VIRGINIA BEACH CITY VA
Property Address	1005 PACIFIC AVE # 314, 314, VIRGINIA BEACH, VA 23451-3511
Transaction Type	Mortgage
Record Updated	Jan 11, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1005 PACIFIC AVE, VIRGINIA BCH, VA 23451-3511

Mortgage

Document Number	0000003071
Date	Dec 30, 2022
Instrument	202203063071

Lender

Name	LANGLEY FCU
Type	Credit Union
Address	NEWPORT NEWS, VA 23606

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	121 Months
Due	Jan 1, 2033

Interest

Rate Type	Adjustable Rate

March 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	VIRGINIA BEACH CITY VA
Recording Date	Mar 15, 2021
Property Address	1005 PACIFIC AVE # 314, 314, VIRGINIA BEACH, VA 23451-3511
Document Number	0000001468
Map Reference	MB 2456 PG 1671
Instrument Date	Mar 8, 2021
Instrument	202103021468
Transaction Type	Transfer
Record Updated	Oct 27, 2022
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NATIONAL TTL INS CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$5,500.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1005 PACIFIC AVE, VIRGINIA BEACH, VA 23451-3511

Mortgage

Document Number	0000001469
Date	Mar 15, 2021
Instrument	202103021469

Lender

Name	FIRST CHATHAM BANK
Type	Bank

Agreement

Type	SBA Mortgage
Amount	Amount Recorded
Term	300 Months
Due	Mar 11, 2046

Tax Assessment & Valuation

Source: Virginia Beach City assessment roll, as of September 29, 2025

Property Jurisdictions

Type	Name
State	Virginia
Municipality	Virginia Beach City
Unified School District	Virginia Beach City Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$38,765.00 (+6.38%)	$3,996,400 (+7.24%) Land $3,212,500 Building $783,900	$3,996,400 (+7.24%) Land $3,212,500 Building $783,900
2024	$36,439.00 (-1.23%)
2023	$36,893.00	$3,726,600 Land $3,212,500 Building $514,100	$3,726,600 Land $3,212,500 Building $514,100

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Not on file
Flood Insurance Cost	Premium on Record median of 28 individual policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	268 units insured incl. 240 condo units
Nearby Flood Claims	1 (2003)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Sep 2003 · Hurricane Isabel

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF VIRGINIA BEACH serves 437,994 people · EPA ID VA3810900
Water Source	Purchased surface water from CITY OF NORFOLK
Last State Inspection	Jun 2023
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 561 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable	2,000 / 100
Verizon Fiber · Fixed Wireless in parts of the area	980 / 880
Starlink Satellite	280 / 30

May also be available: T-Mobile.

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