303 Atlantic Ave
Virginia Beach, VA 23451
Prepared by:
Ken Belkofer
Realtor – Licensed in VA/NC
Century 21 Nachman Realty
Phone: 757.573.5697
Office: 1-866-288-1325
Email: kbelkofer@century21nachman.com
Overview of Dolphin Run
Dolphin Run is a 15-story oceanfront condominium tower built in 1975 located directly on the Virginia Beach boardwalk with approximately 110 units offering direct ocean views and beach access.
The building offers a mix of 1-bedroom, 2-bedroom, and 3-bedroom units, many used as vacation homes, investment properties, or full-time residences.
Oceanfront location, boardwalk access, and short-term rental potential continue to drive buyer demand for units in this building.
Estimated Current Market Values (2026)
Based on recent sales data, listing prices, and estimated market values for units in the building and nearby comparable oceanfront properties.
Condo Type
Estimated Market Range
1 Bedroom ~900–950 sq ft $550,000 – $640,000
2 Bedroom ~940–965 sq ft $585,000 – $690,000
3 Bedroom ~1,300–1,350 sq ft $700,000 – $780,000+
Valuation estimates show similar units around $600K–$660K, depending on floor level and updates. Higher floors, updated interiors, and unobstructed ocean views can command premium pricing above these ranges.
Recent Sales in Dolphin Run
Unit Beds/Baths Size Sold Price Date
Unit #603 2/2 941 sq/ft $585,000 Nov 2025
Unit #1405 2/2 943 sq/ft $615,000 Oct 2025
Unit #303 2/2 941 sq/ft $600,000 2025
Unit #803 2/2 943 sq/ft $685,000 Aug 2025
Similar units range roughly $571K to $669K, depending on floor level and condition.
Recent Nearby Oceanfront Condo Sales.
Property Beds Size Price
401 Atlantic Ave #1006 2 BR ~1,000 sq/ft $625,100 (Sold)
400 Rudee Point Rd #205 2 BR 1,460 sq/ft $649,000 (Listed)
316 Winston Salem Ave #301 2 BR 1,500 sq/ft $589,900 (Sold)
Median list prices for oceanfront condos nearby are typically around $649,000, with a median sold price around $666,500, depending on size and views.
Buyer Demand for Oceanfront Properties
Demand for Virginia Beach oceanfront condos remains strong due to several factors:
- Vacation Home Buyers – Buyers seeking beachfront second homes continue to target the Virginia Beach boardwalk area.
- Investment Buyers – Short-term rental capability in buildings such as Dolphin Run attracts investors seeking rental income.
- Limited Oceanfront Inventory – True oceanfront condominiums are limited along Atlantic Avenue, helping maintain strong property values.
- Lifestyle Demand – Buyers want walkable access to the beach, restaurants, and boardwalk attractions.
Recommended Pricing Strategy if Selling
- Price at Market Value: Pricing slightly below comparable listings can generate multiple offers and faster sales.
- Highlight Oceanfront Lifestyle, marketing should emphasize:
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- Direct ocean views
- Boardwalk access
- Short-term rental potential
- Vacation home lifestyle
- Professional Marketing, high-quality marketing including:
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- Professional photography
- Drone oceanfront images
- Online listing exposure
- Targeting vacation home buyers and investors
- Timing the Market: Spring and early summer typically produce the highest demand for oceanfront properties.
What Impacts Your Condo Value
Your unit’s value will depend on several factors, including:
- Floor level and view
- Interior updates and renovations
- Balcony orientation
- Rental history and income potential
- Furnishings included in the sale
- HOA fees and building improvements
Schedule Your Free Detailed Condo Valuation
If you are considering selling your unit at Dolphin Run within the next 6–12 months, a detailed market analysis can help you determine the best strategy.
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Contact:
Ken Belkofer
Realtor – Licensed in VA/NC
Century 21 Nachman Realty
Phone: 757.573.5697
Office: 1-866-288-1325
Email: kbelkofer@century21nachman.com
Website: www.kenbelkofer.realtor
Important Disclaimer
This valuation report is provided as a general market estimate based on publicly available sales data, current listings, and comparable properties.
The estimate is based on a sight-unseen evaluation and does not account for the specific condition, upgrades, furnishings, floor level, or view of an individual unit.
For the most accurate valuation, please contact me to schedule a detailed in-person assessment of your condo’s current market value.
