Wrightsville Beach, NC 28480,2700 N Lumina AVE #420
Wrightsville Beach, NC 28480,2700 N Lumina AVE #420
Wrightsville Beach, NC 28480,2700 N Lumina AVE #420
Wrightsville Beach, NC 28480,2700 N Lumina AVE #420
Wrightsville Beach, NC 28480,2700 N Lumina AVE #420
Wrightsville Beach, NC 28480,2700 N Lumina AVE #420
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$600,000

$625,000

4.0%
Est.Price: ?

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Est. payment /mo

1 Bed

2 Baths

565 SqFt


SOLD DATE : 09/05/2024

Key Details

Sold Price $600,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 565 sqft

Price per Sqft $1,061

Subdivision Shell Island Resort

MLS Listing ID 100439828

Sold Date 09/05/24

Style Steel Frame

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Fees $5,823

HOA Y/N Yes

Originating Board North Carolina Regional MLS

Year Built 1986

Annual Tax Amount $1,618

Lot Dimensions Condo

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.

Location

State NC

County New Hanover

Community Shell Island Resort

Zoning C-4

Direction From Wrightsville Beach Bridge take E74 (Salisbury Street). Left on North Lumina - property at the northern end of the island

Location Details Island

Rooms

Primary Bedroom Level Primary Living Area

Interior

Interior Features Furnished

Heating Electric, Heat Pump

Cooling Central Air

Fireplaces Type None

Fireplace No

Window Features Blinds

Exterior

Parking Features Off Street, On Site

Pool In Ground

Waterfront Description Waterfront Comm

View Ocean, Water

Roof Type See Remarks

Porch Covered

Building

Story 1

Entry Level 4th Floor or Higher Unit

Foundation Other

Sewer Municipal Sewer

Water Municipal Water

New Construction No

Schools

Elementary Schools Wrightsville Beach

Middle Schools Noble

High Schools Hoggard

Others

Tax ID R05218-002-002-069

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Beth Frazer Real Estate & Rentals

Beth Frazer Real Estate & Rentals

+1(252) 249-1001

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Hive MLS / (NCRMLS)
Listed by Hardee Hunt & Williams
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(252) 249-1001

sales@bethfrazer.com

401 Hodges St, Oriental, NC, 28571, United States

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