Hawaii Living

Niihau Apts Inc #undisclosed (Waikiki)

Undisclosed Address in Waikiki

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Guide To Condotels.
Description
Fee Simple. Close to beach
Past Activity
  • Jan 26, 2020 Sold for $355,000
  • Dec 27, 2019 In Escrow
  • Dec 27, 2019 Listed at $355,000
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More Details
  • HOA Fees / ft²: $0.86
  • Price / ft²: $729
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • Zoning: X6 - Resort Hotel Precinct
  • Flood Zone: Zone AE
  • Elementary School: Waikiki
  • Middle School: Washington
  • High School: Kaimuki
  • Property Condition: Average
  • Owner Occupancy: 30%
  • Management Company: hawaiiana
  • Amenities: Community Laundry
  • TMK: 1-2-6-3-13-28
  • Tax Assessed Land: $70,200
  • Tax Assessed Improvements: $225,600
  • Tax Assessed Total: $295,800
  • Courtesy: RE/MAX Platinum
  • MLS: 201935745
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 25, 2024. Information is deemed reliable but not guaranteed.
  • Sold 1/24/20 at $355,000
    (List Price: $355,000)
Description
Fee Simple. Close to beach
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 25, 2024. Information is deemed reliable but not guaranteed.
    • Jan 26, 2020 Sold for $355,000
    • Dec 27, 2019 In Escrow
    • Dec 27, 2019 Listed at $355,000
    • 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.