Hawaii Living

Niihau Apts Inc #504 (Waikiki)

1 / 1

247 Beach Walk #504, Honolulu

Looking to Purchase Something Similar?
Email Info@HawaiiLiving.com or use below contact form.
Waikiki has unique short-term rental rules. We are expert real estate agents who specialize in this market. Contact us when ready. 
Guide To Condotels.
Description
Location, location, location — a hidden gem found in the hustle and bustle of Waikiki! This charming condo is a half block away from the world famous Waikiki Beach where surfers and paddlers spend their days. The home is close to renowned restaurants, trendy shops, rooftop lanai bars, and local food trucks. The home located between the Embassy Suites and the Outrigger Regency may be rented out legally for short term vacation rentals. The unit is fully furnished, turn-key, pet friendly, secure with surfboard and bicycle storage, and fee simple sale. Recently upgraded with a bar in the kitchen and cool white tile floors. The private sound proof 85 sq. ft. lanai is separated from the unit with glass doors. Sit back and relax with Hawaii ocean views
Past Activity
  • Aug 15, 2018 Sold for $319,000
  • Jun 16, 2018 In Escrow
  • May 30, 2018 Listed at $329,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.86
  • Price / ft²: $655
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Sewer, Water
  • Zoning: X6 - Resort Hotel Precinct
  • Flood Zone: Zone AE
  • Furnished: Negotiable
  • Property Condition: Average
  • Owner Occupancy: 38%
  • Management Company: Hawaiian Prop
  • Security Features: Key
  • Amenities: Community Laundry, Trash Chute
  • TMK: 1-2-6-3-13-19
  • Tax Assessed Land: $60,900
  • Tax Assessed Improvements: $229,300
  • Tax Assessed Total: $290,200
  • Courtesy: Hawaii Realty Group LLC
  • MLS: 201813811
Good to Know
  • 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:
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
  • Sold 8/15/18 at $319,000
    (List Price: $329,000)
Description
Location, location, location — a hidden gem found in the hustle and bustle of Waikiki! This charming condo is a half block away from the world famous Waikiki Beach where surfers and paddlers spend their days. The home is close to renowned restaurants, trendy shops, rooftop lanai bars, and local food trucks. The home located between the Embassy Suites and the Outrigger Regency may be rented out legally for short term vacation rentals. The unit is fully furnished, turn-key, pet friendly, secure with surfboard and bicycle storage, and fee simple sale. Recently upgraded with a bar in the kitchen and cool white tile floors. The private sound proof 85 sq. ft. lanai is separated from the unit with glass doors. Sit back and relax with Hawaii ocean views
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
    • Aug 15, 2018 Sold for $319,000
    • Jun 16, 2018 In Escrow
    • May 30, 2018 Listed at $329,000
    • 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:
    Other Niihau Apts Inc Listings
     
    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 about property tax rates.