2700 N Lumina Ave Unit 420, Wrightsville Beach, NC 28480
- $600,000
- 1
- BD
- 2
- BA
- 565
- SqFt
- Sold Price
- $600,000
- List Price
- $625,000
- Status
- CLOSED
- MLS#
- 100439828
- Closing Date
- Sep 05, 2024
- Days on Market
- 115
- Year Built
- 1986
- Bedrooms
- 1
- Bathrooms
- 2
- Half-baths
- 1
- Full-baths
- 1
- Living Area
- 565
- Neighborhood/Complex
- Shell Island Resort
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.
Additional Information
- HOA (annual)
- $5,823
- Available Amenities
- Roof Maintenance, Waterfront Community, Beach Access, Elevator(s), Fitness Center, Flood Insurance, Indoor Pool, Laundry, Maintenance Common Areas, Maintenance Grounds, Maintenance Structure, Management, Master Insure, Pest Control, Security, Sewer, Spa/Hot Tub, Street Lights, Trash, Water, No Pets, No Tenant Pets, Cable TV
- Interior Features
- Furnished, Drapes/Blinds
- Cooling
- Central Air
- Heating
- Heat Pump, Electric
- Foundation
- Other, Pilings
- Roof
- Other
- Waterfront
- Yes
- Utilities
- Sewer Available, Water Available
- Lot Water Features
- Oceanfront
- Water
- Public
- Elementary School
- Wrightsville Beach
- Middle School
- Noble
- High School
- Hoggard
Mortgage Calculator
Listing courtesy of Hardee Hunt & Williams. Selling Office: Keller Williams Innovate-Wilmington.
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