MLS Number 202300764 For Sale
Let our Oahu real estate inspire you...
Fully furnished legal vacation rental in the heart of Waikiki with a dedicated parking stall! This Palms at Waikiki studio produces about $3,000-$5,000 in monthly gross income depending on the season. Comes with central Ac, king size bed, sofa sleeper, wall mounted Tv, working desk, small fridge, microwave, cooktop, and a nice size outdoor lanai with views of Fort Derussy park, the top of Diamond Head, and partial ocean views. Maintenance fee includes all utilities. Building amenities include a swimming pool, BBQ area, gym, meeting room, and 24-hour security. Tastefully renovated as a hotel room in 2020, unit is managed outside of the hotel pool, but guests can still check in with the front desk. Centrally located walking distance to the many shopping and dining options Waikiki has to offer, hotels, Ala Moana Shopping Center, and the beach. Reach out to receive the income statements and use the same management company. Don't miss out on this rare opportunity to earn this high income producing vacation rental. Come see it today before it's too late!
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Property Type | Condo/Townhouse |
| Building Name | Palms at Waikiki |
| Unit Number | 816 |
| Bedrooms | studio |
| Full Bathrooms | 1 |
| Interior Living Area | 321 sq. ft.
29.82 sq. m. |
| Open Lanai Area |
42 sq. ft. 3.90 sq. m. |
| Total Area |
363 sq. ft. 33.72 sq. m. |
| Year Built | 1970 |
| Year Remodeled | 2020 |
| Remodel Type | Full |
| Furnished | Yes |
| Parking Total | 1 |
| Parking Type |
|
| Property Condition | Excellent |
| Unit Features |
|
| Views |
|
| Inclusions |
|
| Flooring |
|
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Amenities |
|
| Architectural Style |
|
| Condo Parking Unit | 31 |
| Construction Materials |
|
| Management Company | Aqua Aston (tel. (808) 947-7256) |
| Owner Occupancy | 1% |
| Security |
|
| Stories | 8-14 |
| Attribution Contact | Compass: (808) 825-4277 |
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Current Price | $409,000 FS - Fee Simple |
| Price / Sq. Ft. | $1,274.14 / Sq. Ft. |
| Land Tenure | FS - Fee Simple (You own the land.) |
| Tax Assessed Value | $313,700 |
| Tax Assessed Value Improvements | $246,800 |
| Tax Assessed Value Land | $66,900 |
| Tax Exemption Owner Occupancy | $0 |
| Tax Amount | $368 / Month |
| Tax Year | 2022 |
| TMK (Tax Map Key) | 1-2-6-012-003-0170 |
| Maintenance | $571 / Month |
| Maintenance/SqFt | $250 / Month / Sq. Ft. |
| Total Monthly Fees | $571 / Month |
| Item | Details |
|---|---|
| City | Honolulu |
| Neighborhood | Waikiki |
| Zip Code | 96815 |
| Zoning | AM - Apartment Mixed Use |
| Flood Zone | Zone AE |
