Hawaii Living

Palms At Waikiki #718 (Waikiki)

1 / 24

1850 Ala Moana Blvd #718, Honolulu

This property was sold April 21, 2021 for $250,000
Description
REDUCED price. OK for owner occupied, rent out yourself or in hotel pool. Just RENOVATED! High demand unit. Building is approved for accelerated depreciation per the Japanese Tax Law. Rarely available Fee Simple Waikiki view unit complete with a private balcony. Zoned for mixed use so you can live in 1 and rent out the other 2, or go with the hotel pool by Aston. Sold individually or as a package with two other units (#502 at $288,000 and #306 at $318,000). Unit #306 comes with 1 assigned parking stall in the building's gated garage. Family trust owned for all three. Super close to the Ala Moana Shopping Mall and the Hawai'i Convention Center. Delicious dining right downstairs at the IHOP restaurant in the lobby. Luckily for the Buyer, the owner has already paid their share of renovation.
Past Activity
  • Apr 21, 2021 Sold @ $250K
  • Mar 27, 2021 In Escrow
  • Sep 23, 2020 Price ↓ $288K
  • Apr 24, 2020 Listed @ $298K
More Details
  • HOA Fees / Interior Sf: $2.01
  • Price / Interior Sf: $923
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Sewer, Water
  • Year Remodeled: 2020
  • Owner, Tax & Resale History: Click here
  • Zoning: 18 - AMX-3 High Density Apt Mix
  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki
  • Any View: City
  • Owner Occupancy: 10%
  • Management Company: AquaAston/Marriot
  • Amenities: Condo Association Pool, Exercise Room, Patio/Deck, Restaurant, Trash Chute
  • TMK: 1-2-6-12-3-146
  • Tax Assessed Land: $65,000
  • Tax Assessed Improvements: $182,500
  • Tax Assessed Total: $247,600
  • Courtesy: Hawaii Golden Realty
  • MLS: 202008291
Related Articles
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 11, 2021. Information is deemed reliable but not guaranteed.
About Palms At Waikiki
  • 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
REDUCED price. OK for owner occupied, rent out yourself or in hotel pool. Just RENOVATED! High demand unit. Building is approved for accelerated depreciation per the Japanese Tax Law. Rarely available Fee Simple Waikiki view unit complete with a private balcony. Zoned for mixed use so you can live in 1 and rent out the other 2, or go with the hotel pool by Aston. Sold individually or as a package with two other units (#502 at $288,000 and #306 at $318,000). Unit #306 comes with 1 assigned parking stall in the building's gated garage. Family trust owned for all three. Super close to the Ala Moana Shopping Mall and the Hawai'i Convention Center. Delicious dining right downstairs at the IHOP restaurant in the lobby. Luckily for the Buyer, the owner has already paid their share of renovation.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on May 11, 2021. Information is deemed reliable but not guaranteed.
  • 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
 
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 more about Oahu property taxes here.