This high floor, spacious 1-bedroom unit has been updated and well maintained offering you a turn-key experience to enjoy the iconic lifestyle at Discovery Bay in Waikiki. Offered fully furnished, you can simply bring your suitcase and move right in and enjoy Hawaii living on your terms. Currently tenant occupied, this would also make a wonderful investment property as you could earn income on day 1 too. Discovery Bay has been making headlines as the AOAO has been acquiring the Fee Interest and now the AOAO owns nearly 97% of the fee interest. Starting in 2024, you could even purchase the majority Fee Simple interest and reduce your monthly expenses.Although this is currently a leasehold building, Discovery Bay Homeowners Association recently purchased additional leasehold interest that will make this a 96.893% fee simple unit. Fee interest can be acquired and conveyed to this unit in early 2024. This is a qualified fee simple building, meaning it will be 100% fee simple in the future.
This high floor, spacious 1-bedroom unit has been updated and well maintained offering you a turn-key experience to enjoy the iconic lifestyle at Discovery Bay in Waikiki. Offered fully furnished, you can simply bring your suitcase and move right in and enjoy Hawaii living on your terms. Currently tenant occupied, this would also make a wonderful investment property as you could earn income on day 1 too. Discovery Bay has been making headlines as the AOAO has been acquiring the Fee Interest and now the AOAO owns nearly 97% of the fee interest. Starting in 2024, you could even purchase the majority Fee Simple interest and reduce your monthly expenses.Although this is currently a leasehold building, Discovery Bay Homeowners Association recently purchased additional leasehold interest that will make this a 96.893% fee simple unit. Fee interest can be acquired and conveyed to this unit in early 2024. This is a qualified fee simple building, meaning it will be 100% fee simple in the future.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner. 租约期满：12/31/39
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
其他费用可能是特殊评估、储备金等。
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
