MLS Number 202408314 For Sale
Let our Oahu real estate inspire you...
Looking for a short-term rental opportunity on O'ahu? Look no further than unA¡t 1503 of lsland Colony. Located wA¡thin the hustle and bustle of Waikiki, lsland Colony is the ideal vacation destinatA¡on with close proximity to all WaA¡kiki has to offer - beaches, shopping, restaurants and nightlife. After enjoying a day out in the cA¡ty, you and your guest can relax and take in the mountain, canal, and cA¡ty views from your covered lanai or head to the spacious recreatA¡on deck where you can lounge or hop A¡n the pool. Unit 1503 features a blank canvas to renovate and add your preferred touches and offers flexibility for A¡nvestors: join the Hotel Rental Pool or manage privately. Unit 1503 is a leasehold with the opportunity to purchase the fee. Schedule your private showing to come see A¡t for yourself or join us for our premier open house, Saturday 4/27 from 1-4pm and Sunday 4/28 from 2-5pm.
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Property Type | Condo/Townhouse |
| Building Name | Island Colony |
| Unit Number | 1503 |
| Bedrooms | studio |
| Full Bathrooms | 1 |
| Interior Living Area | 280 sq. ft.
26.01 sq. m. |
| Open Lanai Area |
116 sq. ft. 10.78 sq. m. |
| Total Area |
396 sq. ft. 36.79 sq. m. |
| Year Built | 1979 |
| Furnished | Yes |
| Parking Type |
|
| Property Condition | Average |
| Unit Features |
|
| Views |
|
| Inclusions |
|
| Flooring |
|
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Amenities |
|
| Architectural Style |
|
| Condo Parking Unit | NA |
| Construction Materials |
|
| Management Company | Hawaiiana (tel. (808) 593-6888) |
| Owner Occupancy | 10% |
| Security |
|
| Attribution Contact | Keller Williams Honolulu: (808) 596-2888 |
| Item | Details (Information deemed reliable, but not guaranteed.) |
|---|---|
| Current Price | $228,000 LH - Leasehold |
| Price / Sq. Ft. | $814.29 / Sq. Ft. |
| Land Tenure | LH - Leasehold (Your rent the land underneath.) |
| Lease Expiration | 2044 (in 20 years) |
| Lease Renegotiation Date | 2025-01-01 |
| Lease Fee Purchase | $64,706 |
| Lease Fee Rent | $173 / Month |
| Tax Assessed Value | $310,400 |
| Tax Assessed Value Improvements | $256,400 |
| Tax Assessed Value Land | $54,000 |
| Tax Exemption Owner Occupancy | $0 |
| Tax Amount | $364 / Month |
| Tax Year | 2023 |
| TMK (Tax Map Key) | 1-2-6-021-026-0148 |
| Maintenance | $503 / Month |
| Maintenance/SqFt | $223 / Month / Sq. Ft. |
| Total Monthly Fees | $503 / Month |
| Item | Details |
|---|---|
| City | Honolulu |
| Neighborhood | Waikiki |
| Zip Code | 96815 |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
