Hawaii Living

Waikiki Banyan #807-1 (Waikiki)

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201 Ohua Ave #807-1, Honolulu

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Waikiki has unique short-term rental rules. We are expert real estate agents who specialize in this market. Contact us when ready. 
Guide To Condotels.
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.
Past Activity
  • Dec 29, 2023 Withdrawn / Canceled
  • Oct 26, 2023 Listed at $762,500
  • Oct 01, 2023 Sold for $680,000
  • Sep 07, 2023 In Escrow
  • Aug 23, 2023 Price $700,000
  • Aug 14, 2023 Listed at $720,000
  • Jun 24, 2022 Sold for $550,000
  • Jun 01, 2022 Price $559,000
  • Apr 26, 2022 In Escrow
  • Apr 17, 2022 Price $539,000
  • Apr 06, 2022 Listed at $559,000
  • Mar 16, 2022 Withdrawn / Canceled
  • Jan 20, 2022 Price $565,000
  • Jan 14, 2022 Listed at $585,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.75
  • Price / ft²: $1,276
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Sewer, Water
  • Year Remodeled: 2023
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: City
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 9%
  • Management Company: Hawaiiana
  • Security Features: Security Patrol
  • Amenities: BBQ, Community Laundry, Fire Sprinkler, Playground, Pool on Property, Recreation Area, Resident Manager, Sauna, Security Guard, Tennis Court, Trash Chute, Whirlpool
  • TMK: 1-2-6-25-5-31
  • Tax Assessed Land: $109,000
  • Tax Assessed Improvements: $435,500
  • Tax Assessed Total: $544,500
  • Courtesy: Five Star Realty, Inc. / (808) 382-6871
  • MLS: 202317039
Good to Know
Profile
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
  • Built in 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.

Per Bill 41 (CO 22-07), all Waikiki Banyan units are now allowed to do short-term renting, even the ones that don’t have a NUC, as long as an owner registers their unit for short-term renting (see process here).


About Waikiki Banyan
Waikiki Banyan is a 2 tower property, lo  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 02, 2024. Information is deemed reliable but not guaranteed.
  • Sold 9/28/23 at $680,000
    (List Price: $700,000)
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.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 02, 2024. Information is deemed reliable but not guaranteed.
    • Dec 29, 2023 Withdrawn / Canceled
    • Oct 26, 2023 Listed at $762,500
    • Oct 01, 2023 Sold for $680,000
    • Sep 07, 2023 In Escrow
    • Aug 23, 2023 Price $700,000
    • Aug 14, 2023 Listed at $720,000
    • Jun 24, 2022 Sold for $550,000
    • Jun 01, 2022 Price $559,000
    • Apr 26, 2022 In Escrow
    • Apr 17, 2022 Price $539,000
    • Apr 06, 2022 Listed at $559,000
    • Mar 16, 2022 Withdrawn / Canceled
    • Jan 20, 2022 Price $565,000
    • Jan 14, 2022 Listed at $585,000
    Profile
    • Address: 201 Ohua Ave, Honolulu, HI 96815.
    • Built in 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.

    Per Bill 41 (CO 22-07), all Waikiki Banyan units are now allowed to do short-term renting, even the ones that don’t have a NUC, as long as an owner registers their unit for short-term renting (see process here).


    About Waikiki Banyan
    Waikiki Banyan is a 2 tower property, lo  .....
    Read more.
    Other Waikiki Banyan 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.