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!
| MLS # | 100535273 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $4,800 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | 374 |
| Listing Provided By | Intracoastal Realty Corporation | Lauren W Mintz |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 585 |
| Story(s) | 1 |
| Zoning | CBD |
| Water Front | Yes |
| Property View | River |
| Interior Features | Elevator, Ceiling Fan(s), Blinds/Shades |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Yes / No | No |
| Laundry Features | Laundry Closet |
| Furnished | Furnished |
| Rooms Total | 3 |
| Roof | Membrane, Flat |
|---|---|
| Foundation Details | Slab |
| Waterfront Features | None |
| View | River |
| Construction Materials | Concrete, Brick, Brick Veneer, Wood Frame |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Parking Lot, See Remarks, On Site |
| Utilities | Sewer Connected, Water Connected |
|---|
| Tax Assessed Value | 380100 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | UNIT 7B WATER STREET CENTER CONDOS |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Water Street Center Condo |
| School District | New Hanover |
| Elementary School | Snipes |
| High School | New Hanover |
| Listing VS Median (in Water Street Center Condo) | |
Price: $375,000 low | high Med: $372,000 sqft: 585 low | high Med: 581 $ / sqft: $641 low | high Med: $640 On site: 374 low | high Med: 301.5 | |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Water Street Center Condo |
| School District | New Hanover |
| Elementary School | Snipes |
| High School | New Hanover |
| Listing VS Median (in Water Street Center Condo) | |
Price: $375,000 low | high Med: $372,000 sqft: 585 low | high Med: 581 $ / sqft: $641 low | high Med: $640 On site: 374 low | high Med: 301.5 | |