Hawaii Living

Palms At Waikiki #816 (Waikiki)

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1850 Ala Moana Blvd #816, Honolulu

Inquire / Showing / Video Tour
Call agent (808) 343-5000 or use contact form.
Waikiki has unique short-term rental rules. We are local real estate agents who know the local market and its regulations very well. Contact us when you are considering purchasing to get the best advice possible.
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!
Recent Activity
  • 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
Sold
  • #818: Studio | 1 Ba @ $403K (1/24/23)
  • #505: Studio | 1 Ba @ $360K (9/29/22)
  • #205: 1 Bd | 1 Ba @ $599K (9/16/22)
  • #1124: Studio | 1 Ba @ $345K (9/6/22)
  • #604: Studio | 1 Ba @ $435K (9/2/22)
  • #1203: Studio | 1 Ba @ $421K (8/29/22)
  • #901: Studio | 1 Ba @ $305K (8/29/22)
  • #321: Studio | 1 Ba @ $300K (8/25/22)
  • #406: Studio | 1 Ba @ $270K (8/22/22)
  • #415: Studio | 1 Ba @ $290K (8/16/22)
  • #207: Studio | 1 Ba @ $289K (8/4/22)
  • #1209: 1 Bd | 1 Ba @ $499K (8/2/22)
  • #509: Studio | 1 Ba @ $275K (8/2/22)
  • #1105: Studio | 1 Ba @ $266K (8/1/22)
  • #805: Studio | 1 Ba @ $266K (7/22/22)
  • #303: Studio | 1 Ba @ $250K (7/12/22)
  • #1005: Studio | 1 Ba @ $313K (7/6/22)
  • #214: Studio | 1 Ba @ $290K (7/5/22)
  • #923: Studio | 1 Ba @ $279K (6/30/22)
  • #1121: Studio | 1 Ba @ $285K (6/27/22)
  • #520: Studio | 1 Ba @ $282K (6/23/22)
  • #423: Studio | 1 Ba @ $300K (6/23/22)
  • #614: Studio | 1 Ba @ $290K (6/13/22)
  • #806: Studio | 1 Ba @ $330K (6/3/22)
  • #518: Studio | 1 Ba @ $290K (5/31/22)
  • #808: Studio | 1 Ba @ $339K (5/25/22)
  • #801: Studio | 1 Ba @ $278K (5/17/22)
  • #305: Studio | 1 Ba @ $259K (5/13/22)
  • #610: Studio | 1 Ba @ $275K (4/22/22)
  • #816: Studio | 1 Ba @ $345K (4/20/22)
  • #301: Studio | 1 Ba @ $230K (4/13/22)
  • #316: Studio | 1 Ba @ $270K (3/15/22)
  • #1129: Studio | 1 Ba @ $268K (2/1/22)
  • #1019: Studio | 1 Ba @ $322K (1/13/22)
  • #501: Studio | 1 Ba @ $265K (1/12/22)
  • #521: Studio | 1 Ba @ $275K (12/17/21)
  • #915: Studio | 1 Ba @ $287K (11/30/21)
  • #222: Studio | 1 Ba @ $302K (11/26/21)
  • #317: Studio | 1 Ba @ $240K (11/8/21)
  • #223: Studio | 1 Ba @ $225K (10/29/21)
  • #1016: Studio | 1 Ba @ $307K (10/12/21)
  • #620: Studio | 1 Ba @ $269K (10/1/21)
  • #704: Studio | 1 Ba @ $245K (8/3/21)
  • #202: Studio | 1 Ba @ $279K (7/22/21)
  • #1208: 1 Bd | 1 Ba @ $425K (7/21/21)
  • #820: Studio | 1.5 Ba @ $275K (7/16/21)
  • #429: Studio | 1 Ba @ $299K (7/13/21)
  • #1021: Studio | 1 Ba @ $259K (7/6/21)
  • #1024: Studio | 1 Ba @ $300K (6/10/21)
  • #512: Studio | 1 Ba @ $280K (6/7/21)
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $1.78
  • Price / Interior Sf: $1,274
  • 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
  • View: City, Diamond Head, Ocean
  • 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
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 26, 2023. Information is deemed reliable but not guaranteed.
Other Palms At Waikiki Listings
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Palms At Waikiki #410
Studio | 1 BaBa
323 sqft
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Palms At Waikiki #606
Studio | 1 BaBa
550 sqft
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
Other Condotels
Royal Kuhio #1204
1 Bd | 1 Ba
445 sqft
Waikiki Grand Hotel #309
Studio | 1 Ba
255 sqft
Island Colony #2708
Studio | 1 Ba
316 sqft
Hawaiian Monarch #1503
Studio | 1 Ba
247 sqft
  • Asking Price: $409,000
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!
Inquire / Showing / Video Tour
Call agent (808) 343-5000 or use contact form.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 26, 2023. Information is deemed reliable but not guaranteed.
    • 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 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 Palms At Waikiki Listings
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    Palms At Waikiki #410
    Studio | 1 BaBa
    323 sqft
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    Palms At Waikiki #606
    Studio | 1 BaBa
    550 sqft
    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.