Hawaii Living

Foster Tower #503 (Waikiki)

  • Sold 5/5/23 at $210,000
    (List Price: $238,888)
  • Beds: 1
  • Baths: 1
  • Living: 915 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 04/30/34
  • Lease Rent: $ 981 / month
  • Fee Purchase: Not available
  • Built: 1962
  • Parking: 1
  • Maint. (HOA) Fees: $1,238 / month
  • Property Taxes: $196 / month ?
  • Est. Mortgage: $1,208 / mo - adjust loan
  • Time Listed for Sale: 12 days
  • Status: Sold
  • Buy without visiting ?
  • All Foster Tower condos for sale »
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2500 Kalakaua Ave #503, Honolulu

Description
Welcome to paradise! Great price for a LEASEHOLD 1 bedroom 1 bath 1 covered-secured parking at Foster Tower which is only 1 of 4 condo buildings in Waikiki located directly across the street from Waikiki Beach. Superior location to the water, surf spots, shops, restaurants, "Waikiki Mart" (brand new grocery store provided by "Foodland"), and the state's largest public park at Kapiolani Park. Quality features include laminate and ceramic tile flooring, plantation shutters in the living room, nice views of the ocean, and a large living area of 915 sqft. Foster Tower is a secure-high rise building with 24-hour security, pet-friendly (2 pets max 25lbs), and in a resort-zoned location for legal vacation rentals, and the current house rules allow min. 30-day rental rule. Building amenities include a heated saltwater pool (currently in construction), a new whirlpool, surf storage, fitness room, sauna, and storage for the residences. Outside of the building grab lunch, drinks, or pau hana at Cheeseburger & Paradise Restaurant which is attached to the building at Foster Tower.
Past Activity
  • Apr 19, 2024 Back to Active
  • Apr 05, 2024 In Escrow
  • Mar 25, 2024 Listed at $275,000
  • Mar 07, 2024 Withdrawn / Canceled
  • Mar 05, 2024 Price $275,000
  • Jan 31, 2024 Listed at $295,000
  • May 05, 2023 Sold for $210,000
  • Mar 25, 2023 In Escrow
  • Mar 13, 2023 Listed at $238,888
  • Feb 28, 2023 Withdrawn / Canceled
  • Feb 27, 2023 Listed at $250,000
  • Aug 24, 2021 Expired
  • Aug 24, 2020 Listed at $250,000
  • Aug 06, 2020 Withdrawn / Canceled
  • Mar 18, 2020 Price $299,000
  • Dec 04, 2019 Listed at $310,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.35
  • Price / ft²: $230
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone VE
  • View: City, Coastline, Ocean, Sunset
  • Furnished: Negotiable
  • Property Condition: Above Average,Average
  • Owner Occupancy: 60%
  • Management Company: Touchstone
  • Security Features: Key, Security Patrol, Video
  • Amenities: Community Laundry, Exercise Room, Heated Pool, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Restaurant, Sauna, Security Guard, Storage, Trash Chute, Whirlpool
  • TMK: 1-2-6-26-14-22
  • Tax Assessed Land: $34,700
  • Tax Assessed Improvements: $750,900
  • Tax Assessed Total: $785,600
  • Courtesy: Coldwell Banker Realty / (808) 596-0456
  • MLS: 202306102
Good to Know
Profile
  • Address: 2500 Kalakaua Ave, Honolulu, HI 96815.
  • Built in 1962, 133 Units on 25 Floors, Studio & 1 to 2BR Floor plans, Pets: OK (verify).
  • Amenities include Heated Pool, Fitness Center, Sauna, 24-Hour Security.
  • 1st residential condo, over 16 stories tall, built in Waikiki.

About Foster Tower
Prime location on Kalakaua Ave, right across the street from a central part of Waikiki Beach. Residential buildings in Waikiki rarely sit this close to the beach; most are built a bit further inland and prime spots closer to the ocean are generally 'reserved' for hotel  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 01, 2024. Information is deemed reliable but not guaranteed.
Other Foster Tower Listings
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Leasehold
$275,000
Foster Tower #503
1 Bd | 1 Ba
802 ft²
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Leasehold
$395,000
Foster Tower #1104
2 Bds | 2 Ba
1,123 ft²
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Foster Tower #1606
Studio | 1 Ba
441 ft²
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Foster Tower #2306
Studio | 1 Ba
441 ft²
Other Waikiki Condos
  • Sold 5/5/23 at $210,000
    (List Price: $238,888)
Description
Welcome to paradise! Great price for a LEASEHOLD 1 bedroom 1 bath 1 covered-secured parking at Foster Tower which is only 1 of 4 condo buildings in Waikiki located directly across the street from Waikiki Beach. Superior location to the water, surf spots, shops, restaurants, "Waikiki Mart" (brand new grocery store provided by "Foodland"), and the state's largest public park at Kapiolani Park. Quality features include laminate and ceramic tile flooring, plantation shutters in the living room, nice views of the ocean, and a large living area of 915 sqft. Foster Tower is a secure-high rise building with 24-hour security, pet-friendly (2 pets max 25lbs), and in a resort-zoned location for legal vacation rentals, and the current house rules allow min. 30-day rental rule. Building amenities include a heated saltwater pool (currently in construction), a new whirlpool, surf storage, fitness room, sauna, and storage for the residences. Outside of the building grab lunch, drinks, or pau hana at Cheeseburger & Paradise Restaurant which is attached to the building at Foster Tower.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 01, 2024. Information is deemed reliable but not guaranteed.
    • Apr 19, 2024 Back to Active
    • Apr 05, 2024 In Escrow
    • Mar 25, 2024 Listed at $275,000
    • Mar 07, 2024 Withdrawn / Canceled
    • Mar 05, 2024 Price $275,000
    • Jan 31, 2024 Listed at $295,000
    • May 05, 2023 Sold for $210,000
    • Mar 25, 2023 In Escrow
    • Mar 13, 2023 Listed at $238,888
    • Feb 28, 2023 Withdrawn / Canceled
    • Feb 27, 2023 Listed at $250,000
    • Aug 24, 2021 Expired
    • Aug 24, 2020 Listed at $250,000
    • Aug 06, 2020 Withdrawn / Canceled
    • Mar 18, 2020 Price $299,000
    • Dec 04, 2019 Listed at $310,000
    Profile
    • Address: 2500 Kalakaua Ave, Honolulu, HI 96815.
    • Built in 1962, 133 Units on 25 Floors, Studio & 1 to 2BR Floor plans, Pets: OK (verify).
    • Amenities include Heated Pool, Fitness Center, Sauna, 24-Hour Security.
    • 1st residential condo, over 16 stories tall, built in Waikiki.

    About Foster Tower
    Prime location on Kalakaua Ave, right across the street from a central part of Waikiki Beach. Residential buildings in Waikiki rarely sit this close to the beach; most are built a bit further inland and prime spots closer to the ocean are generally 'reserved' for hotel  .....
    Read more.
    Other Foster Tower Listings
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    Leasehold
    $275,000
    Foster Tower #503
    1 Bd | 1 Ba
    802 ft²
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    Leasehold
    $395,000
    Foster Tower #1104
    2 Bds | 2 Ba
    1,123 ft²
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    Foster Tower #1606
    Studio | 1 Ba
    441 ft²
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    Foster Tower #2306
    Studio | 1 Ba
    441 ft²
     
    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.
    Leasehold Expiry: 04/30/34
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    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.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.