MLS Number 202322095 For Sale
Let our Oahu real estate inspire you...
With spectacular Ocean views, this 2-bed, 2-bath corner-unit with lanai presently participates in the Hotel Rental Program. Occupancy has averaged 15 sold nights per month with positive cash flow (Mar, 2023 to Mar, 2024.) The Ritz-Carlton is within close proximity to many of Waikiki's acclaimed beaches, attractions, shops, and restaurants. There is a long list of luxurious amenities which are synonymous with the Ritz-Carlton brand. The building is impeccably maintained and managed by the full-time, and very attentive, Ritz-Carlton Residences staff. Seller's Credit to Buyer at closing of $50K with full-priced offer.
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Property Type | Condo/Townhouse |
| Building Name | The Ritz-Carlton Residences - 383 Kalaimoku |
| Unit Number | E1116 |
| Bedrooms | 2 |
| Full Bathrooms | 2 |
| Interior Living Area | 1,142 sq. ft.
106.10 sq. m. |
| Open Lanai Area |
93 sq. ft. 8.64 sq. m. |
| Total Area |
1,235 sq. ft. 114.74 sq. m. |
| Year Built | 2014 |
| Parking Type |
|
| Property Condition | Excellent,Above Average |
| Unit Features |
|
| Views |
|
| Inclusions |
|
| Flooring |
|
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Amenities |
|
| Architectural Style |
|
| Condo Parking Unit | NA |
| Construction Materials |
|
| Elevators | 6 |
| Management Company | AUOU 383 Kalaimoku - Associa (tel. 808-922-8111) |
| Owner Occupancy | 20% |
| Security |
|
| Stories | One |
| Attribution Contact | Keller Williams Honolulu: (808) 596-2888 |
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Current Price | $1,600,000 FS - Fee Simple |
| Price / Sq. Ft. | $1,401.05 / Sq. Ft. |
| Land Tenure | FS - Fee Simple (You own the land.) |
| Tax Assessed Value | $1,593,500 |
| Tax Assessed Value Improvements | $1,452,500 |
| Tax Assessed Value Land | $141,000 |
| Tax Exemption Owner Occupancy | $0 |
| Tax Amount | $2,596 / Month |
| Tax Year | 2024 |
| TMK (Tax Map Key) | 1-2-6-018-087-0042 |
| Maintenance | $2,431 / Month |
| Maintenance/SqFt | $1,289 / Month / Sq. Ft. |
| Total Monthly Fees | $2,805 / Month |
| Monthly Fees Include |
AC Central, Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
$374: Other Common Expenses |
| Item | Details |
|---|---|
| City | Honolulu |
| Neighborhood | Waikiki |
| Zip Code | 96815 |
| Zoning | X6 - Resort Mixed Use Precinct |
| Flood Zone | Zone AO |
