Palms At Waikiki #1201

(Waikiki)

1 / 16

Asking price

$488,000

2.4% price drop
24 days ago

Living

751 sf

Baths

1

Beds

1

Address: 1850 Ala Moana Blvd
Call George (808) 554-1635 or use contact form.

George Krischke

Principal Broker (R)
RB-18610

Mobile: (808) 554-1635
Email: George@HawaiiLiving.com

  • Address: 1850 Ala Moana Blvd, Honolulu, HI 96815.
  • Built in 1970, 12 Floors with 269 Units, Studio – 1 BR Floor plans, Pets: No.
  • Amenities include: Pool, Sun Deck, Exercise Room, Restaurant, Community Laundry, Concierge.
  • This condotel managed by Aqua Hotels has great amenities and a high occupancy rate, making a purchase here a worry-free investment or a perfect weekend/vacation getaway.

About Palms at Waikiki
This is a popular boutique condotel on the Ala Moana end of Waikiki. An extensive remodel in 2005 completely modernized the units and gave the Palms at Waikiki a contemporary look and feel. The lobby and rental rooms are managed by Aqua Hotels and residents enjoy resort living and amenities. Primarily featuring studios with some 1 BR units, and located just a short walk from the beach at Duke Kahanamoku Lagoon, these condos make an excellent investment or vacation property – or use it as both!

Residents and hotel guests can soak up the  ....click here to read more
Description

Enjoy panoramic Waikiki views from this Penthouse suite overlooking Fort DeRussy Park, with full kitchen, large bedroom and 2 lanais. Extra bonus: 2 secured, garage parking stalls! Conveniently located across from Hilton Hawaiian Village; just a short walk to Ala Moana Shopping Center, dining, entertainment and the beach! Currently in the Palms at Waikiki hotel pool, managed by Aqua Aston. Could also be managed as a vacation rental independently, or as a long term rental property.

Recent Activity
  • Jun 06, 2018 Listed @ $500K
  • Apr 12, 2013 Sold @ $307K
  • Nov 20, 2012 In Escrow
  • Sep 13, 2012 Price ↓ $320K
  • May 30, 2012 Listed @ $380K
Recently Sold
(Palms At Waikiki)
  • #1106: 244 sf @ $275K (7/25/18)
  • #917: 251 sf @ $202K (7/6/18)
  • #314: 291 sf @ $220K (6/15/18)
  • #220: 291 sf @ $220K (6/14/18)
  • #915: 272 sf @ $225K (6/12/18)
  • #218: 315 sf @ $225K (4/2/18)
  • #: 271 sf @ $230K (3/14/18)
  • #503: 226 sf @ $180K (2/12/18)
  • #1018: 312 sf @ $370K (2/2/18)
More Details
  • HOA Fees / Interior Sf: $1.80
  • Price / Interior Sf: $650
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Sold Furnished: Fully
  • Year Remodeled: 2006
  • Owner, Tax & Resale History: Click here
  • MLS: 201814492
  • Waikiki Condos Median Listing Price: $450K
  • Waikiki Condos Median Interior: 588 sf
  • Occupancy Type: Hotel Rental Pool
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Diamond Head
  • Zoning: AM - Apartment Mixed Use
  • Flood Zone: Zone AE
  • Owner Occupancy: 2%
  • Management Company: Aqua Aston
  • Security Features: Card, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Concierge, Doorman, Exercise Room, Patio/Deck, Pool, Security Guard, Trash Chute
  • Inclusions: AC Central, Cable TV, Dishwasher, Disposal, Drapes, Kitchenware, Linens, Microwave Hood, Microwave, Range/Oven, Refrigerator, Smoke Detector
  • TMK: 1-2-6-12-3-260
  • Tax Assessed Land: $113,100
  • Tax Assessed Improvements: $335,200
  • Tax Assessed Total: $448,300
  • Special Sales Terms: None
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 16, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Coldwell Banker Pacific Prop.
Other Palms At Waikiki Listings
Palms At Waikiki #1102
Studio | 1 Ba |  360 sf
Ocean view
Palms At Waikiki #1111
Studio | 1 Ba |  272 sf
Palms At Waikiki #504
Studio | 1 Ba |  309 sf
Fully furnished
Palms At Waikiki #709
Studio | 1 Ba |  251 sf
Fully furnished
  • Address: 1850 Ala Moana Blvd, Honolulu, HI 96815.
  • Built in 1970, 12 Floors with 269 Units, Studio – 1 BR Floor plans, Pets: No.
  • Amenities include: Pool, Sun Deck, Exercise Room, Restaurant, Community Laundry, Concierge.
  • This condotel managed by Aqua Hotels has great amenities and a high occupancy rate, making a purchase here a worry-free investment or a perfect weekend/vacation getaway.

About Palms at Waikiki
This is a popular boutique condotel on the Ala Moana end of Waikiki. An extensive remodel in 2005 completely modernized the units and gave the Palms at Waikiki a contemporary look and feel. The lobby and rental rooms are managed by Aqua Hotels and residents enjoy resort living and amenities. Primarily featuring studios with some 1 BR units, and located just a short walk from the beach at Duke Kahanamoku Lagoon, these condos make an excellent investment or vacation property – or use it as both!

Residents and hotel guests can soak up the  ....click here to read more
Other Waikiki Condos
Sold(7/25/18)
$275,000
Palms At Waikiki #1106
Studio | 1 Ba |  244 sf
Ocean view
Sold(7/6/18)
$202,000
Palms At Waikiki #917
Studio | 1 Ba |  251 sf
Ocean view
Sold(6/15/18)
$220,000
Palms At Waikiki #314
Studio | 1 Ba |  291 sf
Sold(6/14/18)
$220,000
Palms At Waikiki #220
Studio | 1 Ba |  291 sf
Fully furnished
Sold(6/12/18)
$225,000
Palms At Waikiki #915
Studio | 1 Ba |  272 sf
Fully furnished
Sold(4/2/18)
$225,000
Palms At Waikiki #218
Studio | 1 Ba |  315 sf
Year Remodeled: 2016
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Sold(3/14/18)
$230,000
Palms At Waikiki
Studio | 1 Ba |  271 sf
Year Remodeled: 2005
Sold(3/1/18)
$230,000
Palms At Waikiki #503
Studio | 1 Ba |  226 sf
Sold(2/12/18)
$180,000
Palms At Waikiki #503
Studio | 1 Ba |  226 sf
Fully furnished
Sold(2/2/18)
$370,000
Palms At Waikiki #1018
Studio | 1 Ba |  312 sf
Ocean view
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 16, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Coldwell Banker Pacific Prop.
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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.
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.
If an owner runs short-term vacation rentals the property is typically classified as Hotel and Resort and the tax is 1.29% of total assessed value. If an owner does not run short-term vacation rentals, but the property is currently classified as Hotel and Resort, it is possible to apply for a re-classification to Residential or Residential A, which may significantly lower the tax rate. Learn more about Oahu property taxes here.
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