Built: 1970, 15 Floors with 262 Units, Studio – 1 BR Floor plans, Pets: No.
Amenities: Pool, Hot Tub, BBQ, Sun Deck, Exercise Room.
Short-term Vacation Renting: Allowed.
Palms at Waikiki, a popular condotel on the Ala Moana end of Waikiki with community laundry, an on-site restaurant, concierge, and two elevators, features hotel-like front desks operated by both Aqua Resorts and Castle Resorts, managing short-term rental units. A shuttle stop is conveniently located in front of the building.
Units
Primarily studios (250-370 sq ft) with some 1BRs (550-750 sq ft), all with A/C and lanais offering ocean, Fort DeRussy Beach Park, Diamond Head, or city views.
Diamond Head-side units are slightly larger with more usable lanais; only 1BRs include full kitchens.
All fee simple, many in the hotel rental pool sold furnished for immediate renting.
Most units have either 0 or 1 assigned parking stall in the secure, passkey-required covered garage, with a few select units having 2.
Over the past 3 years, an average of 16 fee simple condos sold per year in Palms At Waikiki. This moderate sample size provides a reasonable view of market trends, but some variability may exist.
The Palms At Waikiki graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Palms At Waikiki Market Summary
(Feb '25 - Jan '26 vs Feb '24 - Jan '25)
$325,000
9.72%
vs $360,000 prior 12 months
Median Sales Price
11
31.25%
vs 16 prior 12 months
Number of Sales
98.78%
0.01%
vs 98.77% prior 12 months
List-to-Sale Price Ratio
64
1.54%
vs 65 prior 12 months
Median Days on Market
Thinking of Buying or Selling in Palms At Waikiki?
Listings appear instantly - new properties added within one minute.
We need your email address, if you would like email alerts. Please Create Account - takes 1 min - or Sign In .
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.
