About this home
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!
Facts
- Type
- Condominium
- Year built
- 2000
- Waterfront
- Yes
- HOA
- $4,800 / annually
- Community
- Water Street Center Condo
- County
- New Hanover
- Price per sq ft
- $641
- Stories
- 1
- Construction
- Concrete, Brick, Brick Veneer, Wood Frame
- Roof
- Membrane, Flat
- Foundation
- Slab
- Water
- Public
- Property tax
- $1,163 / year (2025)
- Listed
- Dec 4, 2025
- MLS #
- 100535273
Features
Inside
- Elevator
- Ceiling Fan(s)
- Blinds/Shades
- Electric Cooktop
- Built-In Microwave
- Washer
- Refrigerator
- Dryer
Outside
- River
Community
- Roof Maintenance
- Elevator(s)
- Flood Insurance
- Maintenance Common Areas
- Maintenance Grounds
- Maintenance Structure
- Management
- Master Insure
- Pest Control
- Sewer
- Trash
- Water
- Cable TV
Parking
- Parking Lot
- On Site
Heating & cooling
- Electric
- Heat Pump
- Central Air
Directions to 106 N Water Street 702
Building located on Water street between Princess and Chestnut in downtown Wilmington. Entrance is in the back.
Schools
- Elementary
- Snipes
- Middle
- Williston
- High
- New Hanover
As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.
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Recent sales like this in Water Street Center Condo
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 106 N Water Street 309, Wilmington | Oct 14, 2026 | 1 / 1 | 573 | $319,999 | $558 |
| 106 N Water Street 907, Wilmington | May 14, 2026 | 1 / 1 | 585 | $387,000 | $662 |
| 106 N Water Street Ste 709, Wilmington | Feb 27, 2026 | 1 / 1 | 598 | $395,000 | $661 |
| 106 N Water Street 404, Wilmington | Feb 10, 2026 | 1 / 1 | 585 | $369,000 | $631 |
Similar size and type, sold in the last 12 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Wilmington? Local guides
- Real Stories: Why People Moved to Wilmington, NCReal neighbors who moved to Wilmington, Ogden, Carolina Beach and Hampstead share why they chose the NC coast, what surprised them, and their advice.
- Buying a Home in Wilmington, NC: Buddy's Top TipsBuddy Blake's top tips for buying around Wilmington, NC: pre-approval, NC due diligence fee vs. earnest money, inspections, flood and insurance checks.
- Selling Your Home in Wilmington, NC: Buddy's Top TipsBuddy Blake's top tips for selling around Wilmington, NC: pre-market inspection, repairs that matter, pricing right, due diligence and three ways to sell.
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About 106 N Water Street 702
106 N Water Street 702 is a 1-bedroom, 1-bath condo of about 585 square feet, built in 2000 in Water Street Center Condo, Wilmington, New Hanover County, NC 28401.
5 other homes are for sale in Water Street Center Condo right now (median asking $369,000); 4 homes sold there in the last 12 months at a median of $378,000, typically in about 137 days.
Across ZIP 28401, 29 1-bedroom homes sold in the past year at a median of $337,000.
It has been on the market for 322 days.
Area figures are broad context from the MLS, not a valuation — they don't adjust for waterfront, condition, lot, views or updates. Ask us for a true comparison.
Water Street Center Condo neighborhood guideHomes for sale in WilmingtonNew Hanover County homesWaterfront homes in Wilmington
Buying 106 N Water Street 702
- See it in person. Pick a time and we'll call to confirm — often same day.
- Practice your offer. Try our new Offer Simulator: see how a seller might answer, go back and forth, and learn how offers work in NC. No risk, no sign-up.
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Own a home near 106 N Water Street 702? See what it's worth — a home value report built from real sales in Water Street Center Condo.
What's my home worth? →Questions about 106 N Water Street 702
How much is 106 N Water Street 702?
106 N Water Street 702 is listed at $375,000 (about $641 per square foot) as of October 21, 2026. Status: for sale.
How many bedrooms and bathrooms does 106 N Water Street 702 have?
1 bedroom and 1 bathroom, with about 585 square feet.
What neighborhood is 106 N Water Street 702 in?
Water Street Center Condo, in Wilmington, New Hanover County, North Carolina.
How long has 106 N Water Street 702 been on the market?
322 days. Homes in Water Street Center Condo sold after a median of 137 days over the past year.
What have homes sold for in Water Street Center Condo?
4 homes sold in Water Street Center Condo in the last 12 months, at a median price of $378,000.
Is 106 N Water Street 702 waterfront?
Yes — the MLS lists it as a waterfront property.
Does 106 N Water Street 702 have an HOA fee?
Yes: $4,800 (annually), per the MLS.
When was 106 N Water Street 702 built?
2000.
Who is the listing broker for 106 N Water Street 702?
Intracoastal Realty Corporation (MLS #100535273). The Buddy Blake Team can show it to you and answer questions.
Can I tour 106 N Water Street 702?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.