MLS Number 202306102 For Sale
Let our Oahu real estate inspire you...
Welcome to paradise! Great price for a Leasehold 1 bedroom 1 bath 1 covered-secured parking at Foster Tower which is only 1 of 4 condo buildings in Waikiki located directly across the street from Waikiki Beach. Superior location to the water, surf spots, shops, restaurants, "Waikiki Mart" (brand new grocery store provided by "Foodland"), and the state's largest public park at Kapiolani Park. Quality features include laminate and ceramic tile flooring, plantation shutters in the living room, nice views of the ocean, and a large living area of 915 sqft. Foster Tower is a secure-high rise building with 24-hour security, pet-friendly (2 pets max 25lbs), and in a resort-zoned location for legal vacation rentals, and the current house rules allow min. 30-day rental rule. Building amenities include a heated saltwater pool (currently in construction), a new whirlpool, surf storage, fitness room, sauna, and storage for the residences. Outside of the building grab lunch, drinks, or pau hana at Cheeseburger and Paradise Restaurant which is attached to the building at Foster Tower.
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Property Type | Condo/Townhouse |
| Building Name | Foster Tower |
| Unit Number | 503 |
| Bedrooms | 1 |
| Full Bathrooms | 1 |
| Interior Living Area | 915 sq. ft.
85.01 sq. m. |
| Total Area |
915 sq. ft. 85.01 sq. m. |
| Year Built | 1962 |
| Parking Total | 1 |
| Parking Type |
|
| Property Condition | Above Average,Average |
| Unit Features |
|
| Views |
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| Inclusions |
|
| Flooring |
|
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Amenities |
|
| Architectural Style |
|
| Condo Parking Unit | 52 |
| Construction Materials |
|
| Elevators | 3 |
| Management Company | Touchstone (tel. 808-566-4100) |
| Owner Occupancy | 60% |
| Security |
|
| Stories | 21+ |
| Attribution Contact | Coldwell Banker Realty: (808) 596-0456 |
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Current Price | $238,888 LH - Leasehold |
| Price / Sq. Ft. | $261.08 / Sq. Ft. |
| Land Tenure | LH - Leasehold (Your rent the land underneath.) |
| Lease Expiration | 2034 (in 11 years) |
| Lease Renegotiation Date | 2031-11-01 (in 8 years) |
| Lease Fee Purchase | Not available. |
| Lease Fee Rent | $981 / Month |
| Tax Assessed Value | $785,600 |
| Tax Assessed Value Improvements | $750,900 |
| Tax Assessed Value Land | $34,700 |
| Tax Exemption Owner Occupancy | $0 |
| Tax Amount | $196 / Month |
| Tax Year | 2022 |
| TMK (Tax Map Key) | 1-2-6-026-014-0022 |
| Maintenance | $1,238 / Month |
| Maintenance/SqFt | $323 / Month / Sq. Ft. |
| Total Monthly Fees | $1,238 / Month |
| Item | Details |
|---|---|
| City | Honolulu |
| Neighborhood | Waikiki |
| Zip Code | 96815 |
| Zoning | X6 - Resort Mixed Use Precinct |
| Flood Zone | Zone VE |
