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$179,000 - 2700 North Lumina Ave (unit 112), Wrightsville Beach

1
Bedrooms
2
Baths
501
SQ. Feet
0
Acres

UNIT 112- South Tower 1st Floor Unit! GREAT INCOME PRODUCING UNIT, Grossed over $3K in April 2012. What are you waiting on? Perfect for those desiring easy access to pool & beach. 1st floor units are often requested by brides & families with children. This unit has an updated kitchen & bathrooms, recent HVAC, wall-mounted flat screen TV & nice carpet. Some furniture & decor updates would really change the feeling of this unit. Bargain priced. This unit grossed $29,929 for the year in 2011. That's a net to the owner of over $18,000! The commission split has changed in the favor of the owners in 2012, dropping from 40% to 36%. The HOA dues include all utilities, flood & hazard insurance. There are significant dues reductions planned in 2013/2014. Call Sam Simmons for details. Shell Island is classified as a condotel. Because of the conservative nature of banks now,there is not conventional/second home financing available. Many buyers have used a home equity line for their purchase.

Essential Information

  • MLS® #:
    471905
  • Price:
    $179,000
  • Bedrooms:
    1
  • Bathrooms:
    2.00
  • Full Baths:
    1
  • Half Baths:
    1
  • Square Footage:
    501
  • Acres:
    0.00
  • Year Built:
    1986
  • Type:
    Single Family
  • Sub-Type:
    Cndo Stck-Blt/Modulr
  • Style:
    Highrise
  • Status:
    Active

Community Information

  • Address:
    2700 North Lumina Ave (unit 112)
  • Area:
    Shell Island Resort
  • Subdivision:
    Shell Island Resort
  • City:
    Wrightsville Beach
  • County:
    New Hanover
  • State:
    NC
  • Zip Code:
    28480

Amenities

  • Parking:
    Parking Deck, Security
  • Waterfront:
    Ocean Front
  • Has Pool:
    Yes
  • Pool:
    Community Pool

Interior

  • Appliances:
    Blt-in Microwave, Refrigerator, Other
  • Heating:
    Electric, Forced Air
  • Cooling:
    Central Forced Air, Electric

Exterior

  • Exterior:
    Concrete, Hardcoat Stucco, Synth Stucco (EIFS)
  • Construction:
    Block, Concrete, Steel Frame

School Information

  • District:
    New Hanover
  • Elementary:
    Wrightsville Beach
  • High:
    Hoggard

Additional Information

  • Date Listed:
    January 23rd, 2012
  • Days on Market:
    121

Listing Details

  • Listing Office:
    Port City Properties, Inc

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Wilmington Regional Association of REALTORS®, and is updated as of May 23rd, 2012 at 5:30pm (date/time) .All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor RE/MAX Essential shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2012 MLS of WRAR, Inc.