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$380,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 585 Sq. Ft.
  • Updated 1 hour ago
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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!

Full Property Details for 106 N Water St #702

General

  • Price: $380,000
  • HOA FEE: $400/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,163 (2025)
  • Status: Active
  • Type: Condo
  • Source: 2253
  • MLS ID: 100535273
  • Updated: 5/13/2026
  • Added to Site: 162 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Elevator, Ceiling Fan(s), Blinds/Shades
  • Appliances: Electric Cooktop, Built-In Microwave, Washer, Refrigerator, Dryer
  • Furnished: Yes
  • Furnishings: Furnished

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Primary Bedroom: Non Primary Living Area

Other Rooms

  • Laundry: Laundry Closet

Additional Information

  • Shared Amenities: Roof Maintenance, Elevator(s), Flood Insurance, Maintenance Common Areas, Maintenance Grounds, Maintenance Structure, Management, Master Insure, Pest Control, Sewer, Trash, Water, Cable TV

Exterior

  • Porch/Patio/Deck: Covered, Balcony

Parking

  • Parking Features: Parking Lot, See Remarks, On Site

Location

  • County: New Hanover
  • Subdivision: Water Street Center Condo
  • Driving Directions: Building located on Water street between Princess and Chestnut in downtown Wilmington. Entrance is in the back.

School Information

  • High School District: New Hanover
  • Elementary School: Snipes
  • Middle School: Williston
  • High School: New Hanover

Community

  • Association: Yes
  • Assoc. Name: Water Street Center Association

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric, Heat Pump

Utilities

  • Sewer: Municipal Sewer
  • Water: Public
  • Utility Description: Sewer Connected, Water Connected

Structural Information

  • Structure Type: Wood Frame, Stick Built
  • Construction: Concrete, Brick, Brick Veneer, Wood Frame
  • Roof: Membrane, Flat
  • Stories/Levels: 1
  • Square Feet: 585
  • Year Built: 2000

Lot Features

  • Frontage: City Street, State Road
  • Zoning: CBD
  • Fencing (Description): None

Water Features

  • Water Front: Yes

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $649.57
  • Association Fee: $4,800
  • Assoc Fee Freq.: Annually
  • Assessment Amount: $380,100
  • Tax Amount: $1,163.11
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: UNIT 7B WATER STREET CENTER CONDOS
  • Property ID: R04720-007-023-074

Listed by Intracoastal Realty Corporation, Lauren W Mintz

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Listing agent

— 106 N Water St #702 —

  • Lauren W Mintz

    Intracoastal Realty Corporation

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 106 N Water St #702

School District:New Hanover County Schools
NameGradesDistance
Annie H Snipes Elementary
2150 Chestnut Street, Wilmington, NC 28405
K-51.7 mi
Williston Middle
401 South 10th Street, Wilmington, NC 28401
6-81 mi
New Hanover High
1307 Market Street, Wilmington, NC 28401
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 106 N Water St #702 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/04/2025
Listed
$380,000
105.41%
MLS
7/21/2015
Sold
$185,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 106 N Water St #702

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$380,100
50%
2024
100%
$253,700
—
2023
-100%
$253,700
—
2021
$2,310
—
$253,700
—
2022
$2,321
—
$253,700
32%
2021
$2,310
7%
$192,500
—
2019
$2,163
—
$192,500
—
2017
$2,163
1%
$192,500
—
2016
$2,133
5%
$192,500
—
2015
$2,039
5%
$192,500
—
2013
$1,933
—
$192,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 106 N Water St #702

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Intracoastal Realty Corporation, Lauren W Mintz

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106 N Water Street #702, Wilmington, NC 28401 (MLS# 100535273) is a Condo property with 1 bedroom and 1 full bathroom. 106 N Water Street #702 is currently listed for $380,000 and was received on December 04, 2025. Want to learn more about 106 N Water Street #702? Do you have questions about finding other Condo real estate for sale in Chestnut Heights - Princess Place? You can browse all Chestnut Heights - Princess Place real estate or contact a Coldwell Banker agent to request more information.

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