MLS Number 202407791 For Sale
Let our Oahu real estate inspire you...
Attention investors and snowbirds! Here's your opportunity to own a legal Short Term Rental in the heart of Waikiki. This stunning condotel unit is the perfect place for tropical getaways and a potentially lucrative investment property with tremendous short-term rental potential on platforms like Airbnb and Vrbo. One of the most attractive features of this property is that the building management doesn't charge any additional fees for short-term rentals, allowing you to maximize your rental income. The unit has previously undergone a renovation, boasting stylish new flooring, sleek quartz countertops, and high-end marble finishes that set it apart from your average condotel. As you step inside, you'll be impressed by the elegance and attention to detail that rivals a 5-star hotel. The property offers a range of amenities, including a refreshing pool, very private green spaces and BBQ Areas, a well-equipped gym, and on-site laundry facilities, providing the perfect blend of relaxation and convenience for you and your guests. The location is second to none, near a wide array of restaurants, luxury brand stores, lush parks, and the famous beach Waikiki.
Item | Details (Information deemed reliable, but not guaranteed.) |
---|---|
Property Type | Condo/Townhouse |
Building Name | Royal Garden at Waikiki |
Unit Number | 1704 |
Bedrooms | studio |
Full Bathrooms | 1 |
Interior Living Area | 332 sq. ft.
30.84 sq. m. |
Open Lanai Area |
40 sq. ft. 3.72 sq. m. |
Total Area |
372 sq. ft. 34.56 sq. m. |
Year Built | 1977 |
Year Remodeled | 2018 |
Remodel Type | Partial |
Parking Type |
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Property Condition | Excellent,Above Average |
Unit Features |
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Views |
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Inclusions |
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Flooring |
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Item | Details (Information deemed reliable, but not guaranteed.) |
---|---|
Amenities |
|
Architectural Style |
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Condo Parking Unit | 0 |
Construction Materials |
|
Elevators | 3 |
Management Company | Hawaiiana (tel. (808)593-9100) |
Owner Occupancy | 5% |
Security |
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Stories | 21+ |
Attribution Contact | Keller Williams Honolulu: (808) 596-2888 |
Item | Details (Information deemed reliable, but not guaranteed.) |
---|---|
Current Price | $432,500 FS - Fee Simple |
Price / Sq. Ft. | $1,302.71 / Sq. Ft. |
Land Tenure | FS - Fee Simple (You own the land.) |
Tax Assessed Value | $373,400 |
Tax Assessed Value Improvements | $282,200 |
Tax Assessed Value Land | $91,200 |
Tax Exemption Owner Occupancy | $140,000 |
Tax Amount | $46 / Month |
Tax Year | 2023 |
TMK (Tax Map Key) | 1-2-6-016-039-0133 |
Maintenance | $570 / Month |
Maintenance/SqFt | $238 / Month / Sq. Ft. |
Total Monthly Fees | $570 / Month |
Item | Details |
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City | Honolulu |
Neighborhood | Waikiki |
Zip Code | 96815 |
Zoning | X2 - Apartment Precinct |
Flood Zone | Zone AO |