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
  • Assigned
  • Covered - 1
  • Secured Entry
Property Condition Excellent
Unit Features
  • ADA Accessible
  • Central AC
  • Even# Unit
  • Single Level
Views
  • City
  • Diamond Head
  • Ocean
Inclusions
  • AC Central
  • Auto Garage Door Opener
  • Cable TV
  • Kitchenware
  • Microwave
  • Refrigerator
  • Smoke Detector
Flooring
  • Ceramic Tile
  • W/W Carpet
Item Details (Information deemed reliable, but not guaranteed.)
Amenities
  • BBQ
  • Community Laundry
  • Condo Association Pool
  • Fire Sprinkler
  • Meeting Room
  • Patio/Deck
  • Pool on Property
  • Resident Manager
  • Restaurant
  • Security Guard
Architectural Style
  • High-Rise 7+ Stories
Condo Parking Unit 31
Construction Materials
  • Concrete
Management Company Aqua Aston (tel. (808) 947-7256)
Owner Occupancy 1%
Security
  • Card
  • Security Patrol
  • Video
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

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Contact Request

Hi, I'm Sachiko Trillo, Oahu Realtor.

The idea of buying Oahu real estate can be overwhelming at times. I completely understand!

That's why, as your Realtor, I will:

  1. Take time to Listen carefully to you about your ideal home or condo.
  2. Thoroughly research and pin-point the perfect Oahu property.
  3. Guide you, step-by-step, through the entire purchase process.
Sachiko Trillo, Realtor

So, let's get started!

  • Call me at 1-808-369-9867 (Currently, it's Thursday, 8:02 AM in Oahu, Hawaii.)
  • Or fill out the following contact request form.

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