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Waikiki Banyan #2507 (Waikiki)

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201 Ohua Ave #2507, Honolulu

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Description
Welcome to your dream island retreat in the heart of Waikiki! This stunning one-bedroom, one-bathroom condo at the renowned Waikiki Banyan offers an incredible opportunity for both personal relaxation and lucrative short-term rental income. Mere steps away from the world-famous Waikiki Beach, this newly updated unit perfectly captures the essence of island living. The spacious living area seamlessly blends with the dining space and fully equipped kitchen, creating an open and airy atmosphere. Relax after a day of exploration or sunbathing on the comfortable furnishings, basking in the natural light that floods through the large windows. Waikiki Banyan is renowned for its exceptional amenities, including a sparkling swimming pool, hot tubs, sauna, BBQ area, and even a children's playground. Indulge in a tropical paradise within the comfort of your own building.This unit's prime location within a building that allows short-term rentals makes it an ideal investment opportunity. Benefit from the booming vacation rental market while enjoying the property yourself.Coin washer/dryer on each floor.
Past Activity
  • Oct 26, 2023 Sold for $710,000
  • Oct 09, 2023 Under Contract
  • Oct 03, 2023 Listed at $720,000
  • Jun 06, 2022 Sold for $540,000
  • Apr 18, 2022 Under Contract
  • Mar 21, 2022 Price $570,000
  • Feb 05, 2022 Listed at $598,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.75
  • Price / ft²: $1,332
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Sewer, Water
  • Year Remodeled: 2022
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City, Mountain
  • Furnished: Negotiable
  • Property Condition: Average
  • Owner Occupancy: 9%
  • Management Company: Hawaiiana Management Company
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Condo Association Pool, Playground, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Tennis Court, Whirlpool
  • TMK: 1-2-6-25-5-687
  • Tax Assessed Land: $109,000
  • Tax Assessed Improvements: $446,700
  • Tax Assessed Total: $555,700
  • Courtesy: Five Star Realty, Inc. / (808) 382-6871
  • MLS: 202322225
About Waikiki Banyan
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
     
  • Built: 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans, Pets: OK (verify).
     
  • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and more.

Note: For 12 months, from 1/2025 to 12/2025, each Waikiki Banyan condo unit is being assessed an additional $570.78/mo to pay for the pool deck renovation project, increases in insurance costs, and other capital improvements. The pool deck renovation project will take 10 to 12 months t  ..... Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 21, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Banyan Listings
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$725,000
Waikiki Banyan #1005 T-2
1 Bd | 1 Ba
557 ft²
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$710,000
Waikiki Banyan #1108
1 Bd | 1 Ba
533 ft²
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$710,000
Waikiki Banyan #1803
1 Bd | 1 Ba
533 ft²
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Featured
$710,000
Other Condotels
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$699,000
Palms At Waikiki #205
1 Bd | 1 Ba
793 ft²
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$665,000
Pacific Monarch #906
1 Bd | 1 Ba
443 ft²
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$659,000
Waikiki Sunset #905
1 Bd | 1 Ba
546 ft²
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$620,000
Hawaiian Monarch #3806
1 Bd | 2 Ba
532 ft²
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$815,000
Ilikai Marina #890
1 Bd | 1 Ba
651 ft²
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$595,000
Marine Surf Waikiki #403
Studio | 1 Ba
392 ft²
  • Sold 10/23/23 at $710,000
    (List Price: $720,000)
Description
Welcome to your dream island retreat in the heart of Waikiki! This stunning one-bedroom, one-bathroom condo at the renowned Waikiki Banyan offers an incredible opportunity for both personal relaxation and lucrative short-term rental income. Mere steps away from the world-famous Waikiki Beach, this newly updated unit perfectly captures the essence of island living. The spacious living area seamlessly blends with the dining space and fully equipped kitchen, creating an open and airy atmosphere. Relax after a day of exploration or sunbathing on the comfortable furnishings, basking in the natural light that floods through the large windows. Waikiki Banyan is renowned for its exceptional amenities, including a sparkling swimming pool, hot tubs, sauna, BBQ area, and even a children's playground. Indulge in a tropical paradise within the comfort of your own building.This unit's prime location within a building that allows short-term rentals makes it an ideal investment opportunity. Benefit from the booming vacation rental market while enjoying the property yourself.Coin washer/dryer on each floor.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 21, 2025.Information is deemed reliable but not guaranteed.
    • Oct 26, 2023 Sold for $710,000
    • Oct 09, 2023 Under Contract
    • Oct 03, 2023 Listed at $720,000
    • Jun 06, 2022 Sold for $540,000
    • Apr 18, 2022 Under Contract
    • Mar 21, 2022 Price $570,000
    • Feb 05, 2022 Listed at $598,000
    • Address: 201 Ohua Ave, Honolulu, HI 96815.
       
    • Built: 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans, Pets: OK (verify).
       
    • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and more.

    Note: For 12 months, from 1/2025 to 12/2025, each Waikiki Banyan condo unit is being assessed an additional $570.78/mo to pay for the pool deck renovation project, increases in insurance costs, and other capital improvements. The pool deck renovation project will take 10 to 12 months t  ..... Read more.


    Other Waikiki Banyan Listings
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    $725,000
    Waikiki Banyan #1005 T-2
    1 Bd | 1 Ba
    557 ft²
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    $710,000
    Waikiki Banyan #1108
    1 Bd | 1 Ba
    533 ft²
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    $710,000
    Waikiki Banyan #1803
    1 Bd | 1 Ba
    533 ft²
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    Featured
    $710,000
     
    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.
    Learn about property tax rates.