MLS Number 202311241 For Sale
Let our Oahu real estate inspire you...
Discover an exceptional investment opportunity in this contemporary city view studio located in the highly sought-after neighborhood of Waikiki. Situated on a high floor, this bright and well-designed studio offers a stylish and conveniently located property in a legal resort zoned building. Currently operating as a successful vacation rental with future bookings, this studio presents a fantastic opportunity for buyers. The sale includes the furniture and decor, providing a turnkey experience only for those interested in continuing with the current management setup. The building offers desirable amenities such as community laundry facilities, a dedicated site manager, and regular security patrols. Low monthly homeowner fees cover essential services such as central air-conditioning, cable Tv, internet, hot water, and sewer. With its prime location, residents of this studio can easily access Waikiki's renowned dining, shopping, and entertainment venues, ensuring a convenient and exciting lifestyle. Schedule a viewing today and seize this prime investment opportunity!
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Property Type | Condo/Townhouse |
| Building Name | Ilikai Marina |
| Unit Number | 1689 |
| Bedrooms | studio |
| Full Bathrooms | 1 |
| Interior Living Area | 427 sq. ft.
39.67 sq. m. |
| Open Lanai Area |
28 sq. ft. 2.60 sq. m. |
| Total Area |
455 sq. ft. 42.27 sq. m. |
| Year Built | 1968 |
| Parking Type |
|
| Property Condition | Excellent |
| Unit Features |
|
| Views |
|
| Inclusions |
|
| Flooring |
|
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Amenities |
|
| Architectural Style |
|
| Condo Parking Unit | 0 |
| Construction Materials |
|
| Elevators | 4 |
| Management Company | Hawaiian Properties (tel. (808) 539-9777) |
| Owner Occupancy | 7% |
| Security |
|
| Attribution Contact | Oceans Real Estate: [email protected] |
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Current Price | $498,000 FS - Fee Simple |
| Price / Sq. Ft. | $1,166.28 / Sq. Ft. |
| Land Tenure | FS - Fee Simple (You own the land.) |
| Tax Assessed Value | $346,800 |
| Tax Assessed Value Improvements | $214,800 |
| Tax Assessed Value Land | $132,000 |
| Tax Exemption Owner Occupancy | $0 |
| Tax Amount | $101 / Month |
| Tax Year | 2022 |
| TMK (Tax Map Key) | 1-2-6-010-002-0218 |
| Maintenance | $655 / Month |
| Maintenance/SqFt | $228 / Month / Sq. Ft. |
| Total Monthly Fees | $701 / Month |
| Monthly Fees Include |
AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
$46: Other Common Expenses, Special Assessment |
| Item | Details |
|---|---|
| City | Honolulu |
| Neighborhood | Waikiki |
| Zip Code | 96815 |
| Zoning | X6 - Resort Mixed Use Precinct |
| Flood Zone | Zone VE |
