Hawaii Living

Palms At Waikiki #816 (Waikiki)

1850 Ala Moana Blvd #816, Honolulu

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Description
Fully furnished legal vacation rental in the heart of Waikiki with a dedicated parking stall! This Palms at Waikiki studio produces about $3,000-$5,000 in monthly gross income depending on the season. Comes with central AC, king size bed, sofa sleeper, wall mounted TV, working desk, small fridge, microwave, cooktop, and a nice size outdoor lanai with views of Fort Derussy park, the top of Diamond Head, and partial ocean views. Maintenance fee includes all utilities. Building amenities include a swimming pool, BBQ area, gym, meeting room, and 24-hour security. Tastefully renovated as a hotel room in 2020, unit is managed outside of the hotel pool, but guests can still check in with the front desk. Centrally located walking distance to the many shopping and dining options Waikiki has to offer, hotels, Ala Moana Shopping Center, and the beach. Reach out to receive the income statements and use the same management company. Don't miss out on this rare opportunity to earn this high income producing vacation rental. Come see it today before it's too late!
Past Activity
  • Apr 12, 2023 Sold for $399,000
  • Mar 08, 2023 In Escrow
  • Mar 01, 2023 Price $405,000
  • Jan 21, 2023 Listed at $409,000
  • Apr 20, 2022 Sold for $345,000
  • Mar 14, 2022 In Escrow
  • Feb 01, 2022 Listed at $345,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.10
  • Price / ft²: $1,243
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2020
  • Zoning: AM - Apartment Mixed Use
  • Flood Zone: Zone AE
  • View: City, Diamond Head, Ocean
  • Furnished: Full
  • Property Condition: Excellent
  • Owner Occupancy: 1%
  • Management Company: Aqua Aston
  • Security Features: Card, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Resident Manager, Restaurant, Security Guard
  • TMK: 1-2-6-12-3-170
  • Tax Assessed Land: $66,900
  • Tax Assessed Improvements: $246,800
  • Tax Assessed Total: $313,700
  • Courtesy: Compass / (808) 825-4277
  • MLS: 202300764
Good to Know
  • 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 a  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 24, 2024. Information is deemed reliable but not guaranteed.
  • Sold 4/12/23 at $399,000
    (List Price: $405,000)
Description
Fully furnished legal vacation rental in the heart of Waikiki with a dedicated parking stall! This Palms at Waikiki studio produces about $3,000-$5,000 in monthly gross income depending on the season. Comes with central AC, king size bed, sofa sleeper, wall mounted TV, working desk, small fridge, microwave, cooktop, and a nice size outdoor lanai with views of Fort Derussy park, the top of Diamond Head, and partial ocean views. Maintenance fee includes all utilities. Building amenities include a swimming pool, BBQ area, gym, meeting room, and 24-hour security. Tastefully renovated as a hotel room in 2020, unit is managed outside of the hotel pool, but guests can still check in with the front desk. Centrally located walking distance to the many shopping and dining options Waikiki has to offer, hotels, Ala Moana Shopping Center, and the beach. Reach out to receive the income statements and use the same management company. Don't miss out on this rare opportunity to earn this high income producing vacation rental. Come see it today before it's too late!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 24, 2024. Information is deemed reliable but not guaranteed.
    • Apr 12, 2023 Sold for $399,000
    • Mar 08, 2023 In Escrow
    • Mar 01, 2023 Price $405,000
    • Jan 21, 2023 Listed at $409,000
    • Apr 20, 2022 Sold for $345,000
    • Mar 14, 2022 In Escrow
    • Feb 01, 2022 Listed at $345,000
    • 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 a  .....
    Read more.


    Other Palms At Waikiki Listings
     
    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 about property tax rates.