About Island Colony
- Address: 445 Seaside Ave, Honolulu, HI 96815.
- Built in 1979, 43 Floors with 745 Units, Studio & 1BR Floor plans, Pets: No.
- Amenities include Pool, Sauna, BBQ Area, Security Guard, Recreation Deck.
- The Island Colony is the tallest hotel, and condotel, in Honolulu.
The Island Colony condo stands on Ala Wai Blvd & Seaside Ave, in the middle of the main stretch of Waikiki. Walk 2 blocks and you're looking at the middle of the Royal Hawaiian Shopping Center, with the hotel that shares that name right behind it. The beach is just beyond that, though you have to find the public access to it, which is about a block east. In other words, you're where's it's at.
This is another of the popular condotel properties, making the Island Colony condos an investment opportunity to consider. The Studio & 1BR units are on the smaller side, making them more appropriate for the vacationer, rather than the long-term resident. You've got two choices if you do take the vacation condo route. You can rent it out yourself, but you'll be limited to stays of at least 30 days. Or you can put it into Aqua Hotels' pool, where they can book it for stays of even one night. You'll have to decide what is best for you.
There's more than location to attract visitors to the building and your condo. Though smaller, they do feature large lanais with views that include Diamond Head, the Koolau mountains and even the ocean from the higher floors. The presence of the Ala Wai Canal and the golf course also promise clear, unobstructed views for at least some time to come on the mauka side.
Buyers need to understand something, though. Some of the Island Colony condos were set aside as Lodging units at the time of its building. Those Lodging units may have some issues getting financing. You will need to determine if the property you're interested in is one of those, before you make any kind of offer. A mortgage professional should be able to tell you whether a unit is, or is not, a Lodging condo and what can be done from there.
Despite that, this is an affordable place to get into the investment property and vacation condo market. Its location, excellent amenities and a recent renovation of the common areas are enough to justify at least taking a good look. You may also be interested in.... Pacific Monarch
, Luana Waikiki
, Waikiki Marina
and Waikiki Sunset
, which are some popular condo hotels in Waikiki
Alternatively, search all Waikiki condos for sale
or expand to search all Honolulu condos for sale