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For sale
    • $375,000

    106 N Water Street #702, Wilmington, NC 28401

    1beds
    585sqft
    : 
    $2,612/mo
    Get pre-qualified
    Condominium
    Built in 2000
    -- sqft lot
    $369,000 Zestimate®
    $641/sqft
    $400/mo HOA

    What's special

    Private balconyUpdated kitchen
    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!
    275 days
    |
    206
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren W Mintz 203-581-2427,

    Intracoastal Realty Corporation

    Source: Hive MLS,MLS#: 100535273MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Master Bedroom, Living Room
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Electric Cooktop, Built-In Microwave, Washer, Refrigerator, Dryer
      • Laundry: Laundry Closet
      Features
      • Elevator, Ceiling Fan(s), Blinds/Shades
      • Attic: None
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 585
      • Total interior livable area: 585 sqft

      Property

      Parking
      • Parking features: Parking Lot, See Remarks, On Site
      • Details: Owner parking in lot
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Balcony
      • Fencing: None
      • Has view: Yes
      • View description: River
      • Has water view: Yes
      • Water view: River
      • Waterfront features: None
      • Frontage type: River
      Details
      • Parcel number: R04720007023074
      • Zoning: CBD
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete, Brick, Brick Veneer, Wood Frame
      • Foundation: Slab
      • Roof: Membrane,Flat
      Condition
      • New construction: No
      • Year built: 2000

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Water Street Center Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Roof Maintenance, Elevator(s), Flood Insurance, Maintenance Common Areas, Maintenance Grounds, Maintenance Structure, Management, Master Insure, Pest Control, Sewer, Trash, Water, Cable TV
      • HOA fee: $4,800 annually
      • HOA name: Water Street Center Association
      • HOA phone: 910-772-1622
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $641/sqft
      • Tax assessed value: $380,100
      • Annual tax amount: $1,163
      • Date on market: 12/4/2025
      • Cumulative days on market: 275 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $369,000

        $351,000 - $387,000

        $1,801/mo

        Price history

        DateEventPrice
        6/15/2026Price change$375,000-1.3%$641/sqft
        Source: Hive MLS #100535273 Report a problem
        12/4/2025Listed for sale$380,000$650/sqft
        Source: Hive MLS #100535273 Report a problem
        10/27/2025Pending sale$380,000$650/sqft
        Source: Hive MLS #100535273 Report a problem
        10/9/2025Listed for sale$380,000+90%$650/sqft
        Source: Hive MLS #100535273 Report a problem
        12/28/2017Sold$200,000+8.1%$342/sqft
        Source: Hive MLS #100066062 Report a problem
        12/11/2015Listing removed$185,000$316/sqft
        Source: Coldwell Banker Sea Coast Advantage #503851 Report a problem
        11/20/2015Listed for sale$185,000$316/sqft
        Source: Coldwell Banker Sea Coast Advantage #503851 Report a problem
        11/5/2015Listing removed$1,200$2/sqft
        Source: Intracoastal Rentals Report a problem
        10/27/2015Listed for rent$1,200$2/sqft
        Source: Intracoastal Rentals Report a problem
        7/30/2015Sold$185,000$316/sqft
        Source: Hive MLS #30518135 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,427 +2.3%$380,100 +49.8%
        2024$2,371 +2.7%$253,700
        2023$2,308 -0.5%$253,700
        2022$2,321 +0.5%$253,700
        2021$2,310 +6.8%$253,700 +31.8%
        2020$2,163 $192,500
        2019$2,163 $192,500
        2018$2,163 $192,500
        2017$2,163 +1.4%$192,500
        2016$2,133 +4.6%$192,500
        2015$2,039 +4.4%$192,500
        2014$1,952 $192,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Historic Downtown

        Getting around

        78 / 100
        Very Walkable
        40 / 100
        Some Transit
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Snipes
        • Middle: Williston
        • High: New Hanover

        Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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