We have represented clients in many Waikiki Banyan transactions and have a deep understanding of the building's specific nuances. We're happy to answer any questions.
Description
Waikiki Banyan is a popular vacation rental destination. This bright and airy unit features windows in every room and a separate kitchen. Residents can enjoy a variety of resort-style amenities, including a heated pool, hot tub, sauna, BBQ area, recreation deck, and tennis court. The building also provides 24-hour security and community laundry facilities on every floor. The property is in a prime location just one block from Waikiki Beach and near Kapiolani Park. World-class shopping, dining, and entertainment options are all within close proximity. Additionally, this unit includes the use of one covered, unassigned parking stall. Unit is in Aqua-Aston Rental Program.
HOA Fees Include: Cable TV, Electricity, Hot Water, Sewer, Water
Zoning: X2 - Apartment Precinct
Flood Zone: Zone AE
View: City
Furnished: Full
Property Condition: Above Average
Owner Occupancy: 7%
Management Company: Hawaiiana Mgmt
Security Features: Key, Security Patrol, Video
Amenities: BBQ, Community Association Pool, Community Laundry, Fire Sprinkler, Playground, Pool on Property, Recreation Area, Sauna, Security Guard, Tennis Court, Trash Chute
TMK: 1-2-6-25-5-177
Tax Assessed Land: $106,600
Tax Assessed Improvements: $651,200
Tax Assessed Total: $757,800
Courtesy: Zen Properties Incorporated / (808) 949-4318
Special Assessment: From January to December 2025, each unit incurs an additional $570.78/month for 12 months to fund a pool deck renovation (started March 2025, expected to last 10-12 months), insurance cost increases, and other capital improvements.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 19, 2026.Information is deemed reliable but not guaranteed.
Waikiki Banyan is a popular vacation rental destination. This bright and airy unit features windows in every room and a separate kitchen. Residents can enjoy a variety of resort-style amenities, including a heated pool, hot tub, sauna, BBQ area, recreation deck, and tennis court. The building also provides 24-hour security and community laundry facilities on every floor. The property is in a prime location just one block from Waikiki Beach and near Kapiolani Park. World-class shopping, dining, and entertainment options are all within close proximity. Additionally, this unit includes the use of one covered, unassigned parking stall. Unit is in Aqua-Aston Rental Program.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 19, 2026.Information is deemed reliable but not guaranteed.
Special Assessment: From January to December 2025, each unit incurs an additional $570.78/month for 12 months to fund a pool deck renovation (started March 2025, expected to last 10-12 months), insurance cost increases, and other capital improvements.
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. The sale may be 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.
Property Taxes
Honolulu County Property Tax Info Real property tax rates in Honolulu are based on the property’s tax classification, as determined by the City & County.
The classifications below apply specifically to condos permitted for short-term rentals (stays of less than 30 days).
Hotel & Resort Applies to units in buildings originally constructed as hotels and grandfathered as Nonconforming Hotels by the Department of Planning & Permitting.
Taxed at a flat 1.39% of the assessed value
Transient Vacation (Tiered) Applies to units permitted for short-term rentals in buildings that were not originally developed as hotels, but are allowed short-term rental use under current zoning or nonconforming use rules.
First $800,000 taxed at 0.90%
Assessed value above $800,000 taxed at 1.15%
Note This is a general framework. Not all legal short-term rental unit classifications can be determined solely from the summary above.
Contact Agent
We have represented clients in many Waikiki Banyan transactions and have a deep understanding of the building's specific nuances. We're happy to answer any questions.
