Built: 1968, 224 Units, 24 Floors, Studio & 1BR, Pets: OK (verify).
Amenities: Pool, Recreation Area.
Short-term Vacation Renting: Allowed.
Marine Surf Waikiki, a condo hotel allowing short-term vacation rentals, sits centrally between Kuhio and Kalakaua Avenues, with restaurants and shops right downstairs in the building.
Units
Mostly studios (392 sq ft), with a few 1BRs (772-858 sq ft).
Views include Waikiki’s cityscape, Koolau Mountains to the north, and ocean to the south.
Location: A short stroll from Kahanamoku Beach, with dining and shopping options within a 5-minute walk, ideal for vacation rental income.
Over the past 3 years, an average of 9.7 fee simple condos sold per year in Marine Surf Waikiki. This small sample size means the graph may not capture the full market picture.
The Marine Surf Waikiki graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Marine Surf Waikiki Market Summary (June '24 - May '25 vs June '23 - May '24)
Median Sales Price: $535,250 vs $538,000 — down 0.51%
Number of Sales: 12 vs 7 — up 71.43%
List-to-Sale Price Ratio: 98.39% vs 97.82% — up 0.58%
Median Days on Market: 14 vs 11 — up 27.27%
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We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.
