$375,000
1 bd · 1 ba · 585 sq ft
106 N Water Street 702
Wilmington, NC, 28401 · Water Street Center Condo
Listed 292 days ago
Listed by Intracoastal Realty Corporation
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
- HOA
- $4,800 / annually
- Community
- Water Street Center Condo
- County
- New Hanover
- 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
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.
Monthly payment estimate
$2,731/mo
- Principal & interest (30-yr fixed)$2,234
- Property taxes (2025 bill)$97
- HOA dues$400
Estimate only. Rate is the national 30-year average (6.95% as of Sep 17, 2026, Freddie Mac); your rate depends on your lender. Homeowners and flood insurance aren't included — on the coast they vary a lot by house, so get a quote early.
Recent sales like this in Water Street Center Condo
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 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
- Leland vs. Wilmington: What You Get for Your MoneyLeland vs. Wilmington, NC side by side from 12 months of real sales: price per square foot, home size and age, days on market, new construction and HOAs.
- One-Story and Primary-on-Main Homes on the Southeastern NC CoastWhere the one-level homes are from Wilmington to Calabash, what they cost town by town, and what to check before you buy — from current MLS listings.
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.
At $375,000, it's 4% above the median asking price ($359,000) of the 29 other 1-bedroom listings for sale in Wilmington today.
That's about $641 per square foot, compared with a Wilmington median of $262.
5 other homes are for sale in Water Street Center Condo right now (median asking $369,000); 6 homes sold there in the last 12 months at a median of $185,375, typically in about 135 days.
Across ZIP 28401, 94 1-bedroom homes sold in the past year at a median of $1,498.
It has been on the market for 293 days.
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.
- Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
- Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works
Own a home near 106 N Water Street 702? See what it's worth — every online estimate side by side, next to 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 September 23, 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?
293 days. Homes in Water Street Center Condo sold after a median of 135 days over the past year.
What have homes sold for in Water Street Center Condo?
6 homes sold in Water Street Center Condo in the last 12 months, at a median price of $185,375.
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.