Hawaii Living

Niihau Apts Inc #503 (Waikiki)

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247 Beach Walk #503, Honolulu

This property was sold November 19, 2021 for $515,000
Description
Rarely available one bedroom in highly desirable boutique building located right in the thick of Waikiki. Minutes away from the beach, shopping, restaurants, Ala Moana Shopping Center, the world is your oyster. Want to vacation on Oahu and vacation rental the rest of the time in your very own legal resort zoned vacation rental?Have a place to go to when everything opens up. Call today for a showing.
Past Activity
  • Sep 11, 2021 Sold for $515,000
  • Sep 11, 2021 In Escrow
  • Sep 06, 2021 Listed at $475,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $0.90
  • Price / Interior Sf: $975
  • HOA Fees Include: Sewer, Water
  • Year Remodeled: 2019
  • Zoning: X6 - Resort Mixed Use Precinct
  • Owner Occupancy: 40%
  • Management Company: Hawaiian Properties
  • Security Features: Key, Keyed Elevator
  • Amenities: Community Laundry, Other, Trash Chute
  • TMK: 1-2-6-3-13-18
  • Tax Assessed Land: $84,300
  • Tax Assessed Improvements: $232,700
  • Tax Assessed Total: $317,000
  • Courtesy: Keller Williams Honolulu
  • MLS: 202123354
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 08, 2021. Information is deemed reliable but not guaranteed.
About Niihau Apts Inc
  • Address: 247 Beach Walk, Honolulu, HI 96815.
  • Built in 1960, 11 Floors with 44 Units, 1 - 3BR, Pets: OK (verify).
  • Penthouse takes up entire top floor and the only 3BR unit in building.

About Niihau Apartments
The Niihau Apartments are one of those properties real estate agents can amaze those not in the know. In recent years these units ½ block from the beach have sold for the low $300Ks and even under. Most amazing of all, they are fee simple.

As you can imagine the layouts are not huge, though the penthouse level has a good sized footprint:
  • 1BR/1BA (452 or 487 sq ft)

  • 2BR/1BA (669, 673, 690 or 974 sq ft)

  • 3BR/2BA (1205 sq ft)


Many units have enclosed their lanais to make larger interiors, but where they do exist still, they provide 85 sq ft of outdoor relaxation. The views take in the Waikiki city and landscape, the Koolau Mountains and the ocean, which plays so very close to this address.

Your home is on Beach Walk  ....click here to read more
Description
Rarely available one bedroom in highly desirable boutique building located right in the thick of Waikiki. Minutes away from the beach, shopping, restaurants, Ala Moana Shopping Center, the world is your oyster. Want to vacation on Oahu and vacation rental the rest of the time in your very own legal resort zoned vacation rental?Have a place to go to when everything opens up. Call today for a showing.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 08, 2021. Information is deemed reliable but not guaranteed.
  • Address: 247 Beach Walk, Honolulu, HI 96815.
  • Built in 1960, 11 Floors with 44 Units, 1 - 3BR, Pets: OK (verify).
  • Penthouse takes up entire top floor and the only 3BR unit in building.

About Niihau Apartments
The Niihau Apartments are one of those properties real estate agents can amaze those not in the know. In recent years these units ½ block from the beach have sold for the low $300Ks and even under. Most amazing of all, they are fee simple.

As you can imagine the layouts are not huge, though the penthouse level has a good sized footprint:
  • 1BR/1BA (452 or 487 sq ft)

  • 2BR/1BA (669, 673, 690 or 974 sq ft)

  • 3BR/2BA (1205 sq ft)


Many units have enclosed their lanais to make larger interiors, but where they do exist still, they provide 85 sq ft of outdoor relaxation. The views take in the Waikiki city and landscape, the Koolau Mountains and the ocean, which plays so very close to this address.

Your home is on Beach Walk  ....click here to read more
 
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. 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 more about Oahu property taxes here.