2700 N Lumina Avenue UNIT: 420Wrightsville Beach, NC 28480

  • $625,000
  • $1106 / SqFt
  • Days on Market 94
  • MLS# 100439828
1 Beds
1 Baths
1 ½ Baths
565 SQFT
Contact Us Favorite
Photo Gallery

School Information

  • Elementary: Wrightsville Beach
  • Middle School: Noble
  • High School: Hoggard

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.

Want to know more about this listing?

Listed by Hardee Hunt & Williams

MLS Disclaimer

Copyright 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.

×
Nest Realty
  • Mayfaire
  • 990 Inspiration Drive
  • Wilmington, NC 28405
  • 910.550.2788
  •  
  • Carolina Beach
  • 112 Cape Fear Blvd.
  • Carolina Beach, NC 28428
  • 910.550.2788
  •  
  • Hampstead
  • 51 South End Court
  • Hampstead, NC 28443
  • 910.550.2788
© Nest Realty Group 2024

Join our Newsletter

×