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2700 N Lumina Avenue , #420

Wrightsville Beach, NC 28480
  • $625,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 100439828
UPDATED: 79 min ago
$625,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 565
    SQFT
  • $1,106
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1986
County:

School Information

Elementary School:
Middle School:
High School:

Description

Condotel is certainly a curious portmanteau. But what does the word actually mean? Essentially, it is a residential condominium owned by individuals in a conventional manner, which operates on a commercial platform. And this makes it a rare bird, an opportunity to own a second home, but with all the advantages of commercial management. Shell Island Resort is the largest and best example of this type of ownership on Wrightsville Beach. Located on the north end, it has unparalleled views of hundreds of acres of pristine bird sanctuary and marsh land, powdery white sand beaches, and unobstructed ocean views. An onsite restaurant, pool side tiki bar, indoor and outdoor pools, and beachside cabana service complete this vacation package. No wonder vacationers come back year after year and Shell Island Resort boasts some of the best rental income of any property on the island. This well-appointed unit enjoys a coveted corner location on the south end of the south tower and can be purchased along with the other corner unit directly above. This feature presents a rare buying opportunity for an investor, or even an end user who desires to own two units in close proximity to each other. The location of these particular units is particularly unique, in that they can be directly accessed by the parking deck adjacent to the building, a huge advantage when loading and unloading luggage, or simply coming and going by vehicle. This property is entirely professionally managed on-site, however owners can self-manage their units or choose not to rent them at all. This feature and others, make Shell Island Resort the most flexible ''condotel'' on the island.

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-06-20T21:05:16.427.
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2700 N Lumina Avenue , #420 Wrightsville Beach, NC 28480

  • Price: $625,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 79 min ago
  • MLS #: 100439828
1
Beds
1
Baths
1
½ Baths
N/A
Acres
565
SQFT
$1,106
$/SQFT
1986
Built
Neighborhood:
Shell Island Resort
County:
New Hanover
Area:
Wrightsville Beach
Elementary School:
Wrightsville Beach
Middle School:
Noble
High School:
Hoggard
Property Description
Condotel is certainly a curious portmanteau. But what does the word actually mean? Essentially, it is a residential condominium owned by individuals in a conventional manner, which operates on a commercial platform. And this makes it a rare bird, an opportunity to own a second home, but with all the advantages of commercial management. Shell Island Resort is the largest and best example of this type of ownership on Wrightsville Beach. Located on the north end, it has unparalleled views of hundreds of acres of pristine bird sanctuary and marsh land, powdery white sand beaches, and unobstructed ocean views. An onsite restaurant, pool side tiki bar, indoor and outdoor pools, and beachside cabana service complete this vacation package. No wonder vacationers come back year after year and Shell Island Resort boasts some of the best rental income of any property on the island. This well-appointed unit enjoys a coveted corner location on the south end of the south tower and can be purchased along with the other corner unit directly above. This feature presents a rare buying opportunity for an investor, or even an end user who desires to own two units in close proximity to each other. The location of these particular units is particularly unique, in that they can be directly accessed by the parking deck adjacent to the building, a huge advantage when loading and unloading luggage, or simply coming and going by vehicle. This property is entirely professionally managed on-site, however owners can self-manage their units or choose not to rent them at all. This feature and others, make Shell Island Resort the most flexible ''condotel'' on the island.
Exterior Features

Attached Garage Spaces 0.00 Construction ConcreteSteel Frame Construction Type Stick Built Detached Garage Spaces 0.00 Exterior Finish See Remarks Fencing None Foundation Pilings Location Type Island Lot Dimensions Condo Lot Water Features Waterfront Comm Parking Driveway Off StreetOn Site Pool Spa Hot TubIn Ground Porch Balcony Deck BalconyCovered Road Type Frontage Paved Roof See Remarks Total Carport Spaces 0.00 Waterfront Yes Waterview Yes

Interior Features

Cooling System Central Dining Room Type Combination Fireplace None Heated Sq Ft Range 400 - 599 Heating System Heat Pump Interior Features Blinds/ShadesFurnishedSprinkler System Master Bedroom Level Main Master Bedroom Location Primary Living Area Number Rooms 4 Rooms Dining RoomKitchenLiving RoomMaster Bedroom Stories Levels 4th Floor or Higher Unit

Property Features

City Limits Yes Cobra Zone No Frontage Type Ocean Front Fuel Tank None Heating System Fuel Source Electric Hoa And Neighborhood Amenities Beach AccessCableElevator(s)Fitness CenterFlood InsuranceIndoor PoolLaundryMaint - Comm AreasMaint - GroundsMaintenance StructureManagementMaster InsureNo PetsNo Tenant PetsPest ControlRoofSecuritySewerSpa/Hot TubStreet LightsTrashWater Hoa YN Yes New Construction No Property Taxes 1618.22 Residential Sub Type Condominium Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2023 Terms CashConventional View Type Ocean ViewWater View Water Sewer Municipal SewerMunicipal Water Zoning C-4



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Team Hardee Hunt & Williams of Hardee Hunt & Williams: (910) 256-6998.


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-06-20T21:05:16.427.
 
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The Rising Tide Team | Intracoastal Realty
1900 Eastwood Road Suite 38
Wilmington NC, 28403