2700 N Lumina Avenue Unit 420
Wrightsville Beach, NC 28480
- 1 bed
- 1.5 baths
- 565 sqft
- $1,106 per sqft
- 1986 build
- – on site
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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Last updated May 6, 2024
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MLS# 100439828 —
Monthly cost estimate
Asking price
$625,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,346
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| Taxes | $134 |
| Insurance | $171 |
| Utilities | $100 See report |
| Total | $3,751/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/23/24
Apr 23, 2024
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Listed / Active | NCRMLS | $625,000 |