We are expert real estate agents and have sold many condos in Island Colony. We would be happy to assist you too.
Description
Discover a rare opportunity at Island Colony, a premier condo-hotel in Waikiki’s heart! This 15th-floor unit boasts stunning mountain, city, and canal views, blending paradise with profit. Legally zoned for short-term rentals, it’s perfect for generating positive cash flow when you’re not enjoying Hawaii. Stay whenever you desire, rent it out otherwise—an ideal investment for owning a piece of Waikiki. With purchase, receive a brand-new interior design layout, shopping list, and renovation manual to elevate this condo to the next level! Centrally located, it’s a 5-minute walk to the International Market Place, Royal Hawaiian Shopping Center, and Waikiki Beach. The 6th-floor amenity deck offers a pool, hot tub, sauna, fitness room, BBQ grills, and convenience store. Upgraded with new drain lines and in-unit fire sprinklers, Island Colony ensures modern comfort and safety. This active short-term rental unit is perfect for buyers seeking a personal retreat and revenue-generating asset in Hawaii’s premier location. Don’t miss this slice of paradise!
HOA Fees Include: Cable TV, Hot Water, Internet Service, Other Common Expenses
Year Remodeled: 2021
Zoning: X2 - Apartment Precinct
Flood Zone: Zone AE
View: City, Marina/Canal, Mountain
Furnished: Partial
Property Condition: Excellent
Owner Occupancy: 10%
Management Company: Hawaiiana
Security Features: Key, Security Patrol
Amenities: BBQ, Community Association Pool, Community Laundry, Exercise Room, Meeting Room, Patio/Deck, Recreation Area, Sauna, Security Guard, Trash Chute
Built: 1979, 43 Floors with 745 Units, Studio & 1BR, Pets: No.
Amenities: Pool, Sauna, BBQ Area, Recreation Deck.
Short-term Vacation Renting: Allowed.
Island Colony, a condotel at Ala Wai Blvd and Seaside Ave in central Waikiki with community laundry and commercial spaces, sits in a vibrant location ideal for enjoying the area’s attractions.
Units
Studios and 1BRs, compact for vacationers, feature large lanais with some higher floor units boasting great ocean views.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 06, 2026.Information is deemed reliable but not guaranteed.
Discover a rare opportunity at Island Colony, a premier condo-hotel in Waikiki’s heart! This 15th-floor unit boasts stunning mountain, city, and canal views, blending paradise with profit. Legally zoned for short-term rentals, it’s perfect for generating positive cash flow when you’re not enjoying Hawaii. Stay whenever you desire, rent it out otherwise—an ideal investment for owning a piece of Waikiki. With purchase, receive a brand-new interior design layout, shopping list, and renovation manual to elevate this condo to the next level! Centrally located, it’s a 5-minute walk to the International Market Place, Royal Hawaiian Shopping Center, and Waikiki Beach. The 6th-floor amenity deck offers a pool, hot tub, sauna, fitness room, BBQ grills, and convenience store. Upgraded with new drain lines and in-unit fire sprinklers, Island Colony ensures modern comfort and safety. This active short-term rental unit is perfect for buyers seeking a personal retreat and revenue-generating asset in Hawaii’s premier location. Don’t miss this slice of paradise!
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 06, 2026.Information is deemed reliable but not guaranteed.
Built: 1979, 43 Floors with 745 Units, Studio & 1BR, Pets: No.
Amenities: Pool, Sauna, BBQ Area, Recreation Deck.
Short-term Vacation Renting: Allowed.
Island Colony, a condotel at Ala Wai Blvd and Seaside Ave in central Waikiki with community laundry and commercial spaces, sits in a vibrant location ideal for enjoying the area’s attractions.
Units
Studios and 1BRs, compact for vacationers, feature large lanais with some higher floor units boasting great ocean views.
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.
Buyer and Seller have reached an agreement and are under contract. The sale may be 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.
