Hawaii Living

Niihau Apts Inc #603 (Waikiki)

247 Beach Walk #603, Honolulu

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Guide To Condotels.
Description
Rarely available, Newly and Beautifully remodeled in PRIME LOCATION! May be rented out legally for short term vacation rentals. Two blocks from Waikiki Beach and located in the center of the Beach Walk area offering renowned restaurants, trendy shops, rooftop lanai bars, and local food trucks. Located between the Embassy Suites and the Outrigger Regency. The unit is turn-key and building is Secure, pet friendly, and offers on site laundry, and both surfboard and bicycle storage. Hurry as this one will go FAST!
Past Activity
  • Mar 22, 2019 Sold for $361,500
  • Feb 13, 2019 In Escrow
  • Feb 08, 2019 Listed at $350,000
  • Sep 10, 2017 Withdrawn / Canceled
  • Apr 13, 2017 Listed at $320,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.85
  • Price / ft²: $742
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Sewer, Water
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone AE
  • View: City, Sunset
  • Furnished: None
  • Property Condition: Excellent
  • Owner Occupancy: 38%
  • Management Company: Hawaiian
  • Security Features: Key, Keyed Elevator, Video
  • Amenities: Community Laundry, Patio/Deck, Trash Chute, Wall/Fence
  • TMK: 1-2-6-3-13-23
  • Tax Assessed Land: $60,900
  • Tax Assessed Improvements: $230,900
  • Tax Assessed Total: $291,800
  • Courtesy: RE/MAX Honolulu
  • MLS: 201904087
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 April 19, 2024. Information is deemed reliable but not guaranteed.
  • Sold 3/22/19 at $361,500
    (List Price: $350,000)
Description
Rarely available, Newly and Beautifully remodeled in PRIME LOCATION! May be rented out legally for short term vacation rentals. Two blocks from Waikiki Beach and located in the center of the Beach Walk area offering renowned restaurants, trendy shops, rooftop lanai bars, and local food trucks. Located between the Embassy Suites and the Outrigger Regency. The unit is turn-key and building is Secure, pet friendly, and offers on site laundry, and both surfboard and bicycle storage. Hurry as this one will go FAST!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 19, 2024. Information is deemed reliable but not guaranteed.
    • Mar 22, 2019 Sold for $361,500
    • Feb 13, 2019 In Escrow
    • Feb 08, 2019 Listed at $350,000
    • Sep 10, 2017 Withdrawn / Canceled
    • Apr 13, 2017 Listed at $320,000
    • 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.