2700 North Lumina Avenue, Unit 420
2700 North Lumina Avenue, Unit 420
$625,000
1
1
1
565
565
$1,106
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...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.
- Listed by Team Hardee Hunt & Williams • Hardee Hunt & Williams
- Listed by Randall J Williams • Hardee Hunt & Williams
Property Details for 2700 North Lumina Avenue, Unit 420
Parking Features
Off Street, On Site
ViewOcean, Water
Subdivision NameShell Island Resort
ZoningC-4
Parking Total.00
WaterfrontYes
WaterfrontYes
WaterviewYes
Location
LISTING UPDATED: 04/19/2024 04:07 PM
Property Details for 2700 North Lumina Avenue, Unit 420
Status | Active |
---|---|
MLS # | 100439828 |
Days on Market | 17 |
Taxes | $1,618 / year |
HOA Fees | $5,692 / year |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Residential / Condominium |
Year Built | 1986 |
County | New Hanover County |
Location
Building Information for 2700 North Lumina Avenue, Unit 420
Building/Complex2700 N Lumina AveFloor-Stories1Residences-Pet Policy-Year Built1986
Payment Calculator
$4,020 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2700 North Lumina Avenue, Unit 420
Property History for 2700 North Lumina Avenue, Unit 420
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2700 North Lumina Avenue, Unit 420
Taxable ValueLand-Additions$298,400Total-
Home Facts
Beds1Baths1.5Total Finished SqFt586 SqFtAbove Grade Finished SqFt586 SqFtStories1StyleCondominiumYear Built1986ZoningC-4,COMMERCIACountyNEW HANOVERAPNR05218-002-002-069
Schools near 2700 North Lumina Avenue, Unit 420
This home is within New Hanover County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Wrightsville Beach Elementary PublicK to 5 | ||
M C S Noble Middle Public6 to 8 | ||
John T Hoggard High Public9 to 12 | ||
Dr Hubert Eaton Sr Elementary PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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