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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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106 N Water St Unit 702 , Wilmington, NC 28401
$375,000
Est. Payment: $1,932.45/mo
1 Bed
1 Bath
585 Sqft
Status: active | Days on site: 234
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Stunning Riverfront Condo in the Heart of Historic Downtown Wilmington. Welcome to Water Street Center Condos--ideally positioned in the vibrant heart of Historic Downtown Wilmington and perched directly on the Cape Fear River. Located on the 7th floor of this 9-story building, this unit offers sweeping panoramic views of the water and sits directly across from the iconic Battleship North Carolina. Currently operating as a well established short-term rental with a strong income history, this property is an excellent opportunity for investors, a perfect vacation getaway, or a serene primary residence. Inside, you'll find 585 square feet of thoughtfully designed living space. The updated kitchen features rich dark wood cabinetry, white quartz countertops, and stainless steel appliances--all blending timeless style with modern convenience. The glass doors open to a private balcony, providing breathtaking views of sunsets over the river and front-row seats to fireworks and seasonal festivities. The spacious bedroom easily accommodates a king-size bed. The unit comes fully furnished and stocked--ready for immediate cash flow. The building has two elevators, security cameras and a private parking lot available to owners only. This is one of only a few downtown buildings where the HOA allows vacation rentals. Enjoy the award-winning Wilmington Riverwalk, exceptional dining, charming shops, entertainment and all the amenities that downtown Wilmington has to offer- right outside your doorstep!

Highlights

Listed by Lauren W Mintz , 203-581-2427 Intracoastal Realty Corporation , 910-769-8290. Hive MLS mls logo

Property Type

Condo/Townhome

HOA Fee

4800 Annually

Year Built

2000

County

New Hanover

Neighborhood

Water Street Center Condo

School District

New Hanover

Listing ID

100535273

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Electric Cooktop, Built-In Microwave, Washer, Refrigerator, Dryer
Air Cond:Central Air
Fireplaces:
Other:Elevator,Ceiling Fan(s),Blinds/Shades
Other:Public

Exterior Features

Lot:Fencing: None
Garage Capacity:0
Zoning:CBD
Roof:Membrane,Flat
Parking Features:Parking Lot,See Remarks,On Site
Principal Interest
$1,932
Taxes
$239
HOA
$4,800

Home Price

$375,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$75,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,932.45

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,932.45 $239.06 $4,800.00 $6,971.51
Yearly $23,189.43 $2,868.75 $57,600.00 $83,658.18
Total $695,682.79 $86,062.50 $1,728,000.00 $2,509,745.29

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Wilmington, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Hive MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T01:59:34.000Z

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