Pearl Mill Flats offers an unbeatable downtown Durham location, walkable to restaurants, bars, the Durham Farmers Market, yoga studios, and just minutes from the DPAC, Duke University and Duke Hospital. This is one of the few condo communities that permits short-term rentals without limits, creating a rare opportunity for Airbnb, mid-term, or long-term investment potential. This impeccably renovated unit was fully updated in 2020, with improved kitchen countertops, cabinetry, appliances, bathroom, flooring, and thoughtfully improved closet storage, as well as a brand new water heater in July 2026. Behind secure gated entrances, discover an unexpected urban oasis with lush landscaping, picnic areas, a saltwater pool, and life-size chess and checkers, ideal for both quiet enjoyment and vibrant community gatherings. South Ellerbe Restoration Project is underway across Trinity Ave.