MLS Number 202301043 For Sale
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This 5th floor 3 Bedroom / 3 Bath Luxury condominium is located in the Ocean tower of the Beach VIllas at Ko Olina. Nearly 1,500 square feet are provided with a large and private primary suite with an attached lanai overlooking the pool and lagoon. This floor plan also has a 2nd ensuite bedroom / bath for the 2nd Bedroom and there is a 3rd Bedroom with an adjacent 3/4 bath. Property is currently a properly zoned individual hotel unit and has a minimum nightly occupancy of 6 continuous nights. Property is being sold fully furnished with all property currently in place included in the sale. Existing reservations are required to be reviewed and accepted and 2 years of rental history is available for qualified purchasers with a 2022 nightly rent in the villa of approximately $195,000. Property is currently managed by a property manager but this building permits owners to self-manage their own property or use approved rental agents. Located in Ko Olina Resort and Marina, the Beach VIllas at Ko Olina are one of the most exciting luxury condominiums. According to the Dept of Planning and Permitting, this villa is eligible for Str and is not required to be registered as a Tvu.
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Property Type | Condo/Townhouse |
| Building Name | [email protected] Olina |
| Unit Number | O-511 |
| Bedrooms | 3 |
| Full Bathrooms | 3 |
| Interior Living Area | 1,484 sq. ft.
137.87 sq. m. |
| Open Lanai Area |
215 sq. ft. 19.97 sq. m. |
| Total Area |
1,699 sq. ft. 157.84 sq. m. |
| Year Built | 2007 |
| 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 | BP1-081 |
| Construction Materials |
|
| Elevators | 2 |
| Management Company | Hawaiian Properties (tel. 8085399777) |
| Owner Occupancy | 10% |
| Property Frontage |
|
| Security |
|
| Stories | 8-14 |
| Attribution Contact | Beach Villa Realty LLC: (808) 664-0299 |
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Current Price | $2,998,888 FS - Fee Simple |
| Price / Sq. Ft. | $2,020.81 / Sq. Ft. |
| Land Tenure | FS - Fee Simple (You own the land.) |
| Tax Assessed Value | $1,613,500 |
| Tax Assessed Value Improvements | $1,323,900 |
| Tax Assessed Value Land | $289,600 |
| Tax Exemption Owner Occupancy | $0 |
| Tax Amount | $1,882 / Month |
| Tax Year | 2023 |
| TMK (Tax Map Key) | 1-9-1-057-009-0062 |
| Maintenance | $2,638 / Month |
| Maintenance/SqFt | $1,154 / Month / Sq. Ft. |
| Total Monthly Fees | $2,685 / Month |
| Monthly Fees Include |
Hot Water, Other Common Expenses, Sewer, Water
$47: Other Common Expenses |
| Item | Details |
|---|---|
| City | Kapolei |
| Neighborhood | Ko Olina |
| Zip Code | 96707 |
| Association Community Name | Kora |
| Zoning | 21 - Resort District |
| Flood Zone | Zone D |
| Elementary School | Barbers Point |
| Middle School | Kapolei |
| High School | Kapolei |
