MLS Number 202325587 For Sale
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(Legal Short Term Rental) High floor with direct Ocean and Diamond Head views. A perfect property for all investors, furnished and ready to go unit with low maintenance fee that include: Water, sewer, electricity, cable and internet. This unit is facing the sunshine and ocean of the building. There are two queen beds with great space. There are on-site amenities including BBQ, a pool and sun deck and restaurant. All units in the building were aesthetically renovated in 2020 with carpet, cabinets, closet, furniture, curtain and paint. There is a microwave and refrigerator as a kitchenette. The unit has sprinklers and wired smoke detectors in the building. The unit is currently in the hotel pool which is managed by Aqua Aston. Building allows owners to use outside management to operate unit. Currently has a 5.4% cap rate. Call listing agent for finance report.
Item | Details (Information deemed reliable, but not guaranteed.) |
---|---|
Property Type | Condo/Townhouse |
Building Name | Palms at Waikiki |
Unit Number | 1110 |
Bedrooms | studio |
Full Bathrooms | 1 |
Interior Living Area | 323 sq. ft.
30.01 sq. m. |
Open Lanai Area |
41 sq. ft. 3.81 sq. m. |
Total Area |
364 sq. ft. 33.82 sq. m. |
Year Built | 1970 |
Year Remodeled | 2020 |
Remodel Type | Partial |
Furnished | Yes |
Parking Type |
|
Property Condition | Excellent |
Unit Features |
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Views |
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Inclusions |
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Flooring |
|
Item | Details (Information deemed reliable, but not guaranteed.) |
---|---|
Amenities |
|
Architectural Style |
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Condo Parking Unit | na |
Construction Materials |
|
Elevators | 3 |
Management Company | Aqua Aston (tel. 808-947-7256) |
Owner Occupancy | 2% |
Security |
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Stories | 8-14 |
Attribution Contact | Locations LLC: (808) 735-4200 |
Item | Details (Information deemed reliable, but not guaranteed.) |
---|---|
Current Price | $385,000 FS - Fee Simple |
Price / Sq. Ft. | $1,191.95 / Sq. Ft. |
Land Tenure | FS - Fee Simple (You own the land.) |
Tax Assessed Value | $300,600 |
Tax Assessed Value Improvements | $231,700 |
Tax Assessed Value Land | $68,900 |
Tax Exemption Owner Occupancy | $0 |
Tax Amount | $352 / Month |
Tax Year | 2023 |
TMK (Tax Map Key) | 1-2-6-012-003-0243 |
Maintenance | $569 / Month |
Maintenance/SqFt | $246 / Month / Sq. Ft. |
Total Monthly Fees | $569 / Month |
Item | Details |
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City | Honolulu |
Neighborhood | Waikiki |
Zip Code | 96815 |
Zoning | AM - Apartment Mixed Use |
Flood Zone | Zone AE |