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Waikiki Sunset #1501 (Waikiki)

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Photo 1 of 229 Paoakalani Ave #1501, Honolulu
Photo 2 of 229 Paoakalani Ave #1501, Honolulu
Photo 3 of 229 Paoakalani Ave #1501, Honolulu

229 Paoakalani Ave #1501, Honolulu

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Description
Legal Short Term Vacation Rental in Waikiki! Fully furnished 1 bedroom, 1 bathroom and 1 parking unit with stunning views of the mountains and city. *Some of photos are virtually staged. The actual furniture conforms to the standards required for hotel pool. Seller shall provide the imaged furniture at the seller's expense if the buyer will be willing to operate the unit as privately operated vacation rental. It will be the buyer's choice. Just minutes from Waikiki Beach, Kapiolani Park, aquarium, Honolulu Zoo, Diamond Head, shopping, restaurants, and bus lines. Don't want to go anywhere, No Problem when you have a pool, gym, BBQ area, rec. space, hospitality lounge, conference room, mini mart, and much more with 24-hour security. . Maintenance fee includes electricity, central AC, water, sewer, hot water, and basic cable. Note: Special assessment of $263.58 for fan coil project runs 01/2025-12/2028.Don’t miss out on this exceptional opportunity to own a piece of paradise. Perfect for vacationers and investors alike.
Recent Activity
Recent Sales
(Waikiki Sunset)
  • #1510: 1 Bd | 1 Ba @ $550K (12/3/25)
  • #2902: 1 Bd | 1 Ba @ $700K (12/1/25)
  • #2008(NUC): 1 Bd | 1 Ba @ $630K (11/21/25)
  • #3208: 1 Bd | 1 Ba @ $750K (11/14/25)
  • #1904: 1 Bd | 1 Ba @ $688K (11/14/25)
  • #1206 (NUC): 1 Bd | 1 Ba @ $595K (11/12/25)
  • #PH-3807: 2 Bds | 2 Ba @ $2.2M (9/24/25)
  • #1014: 2 Bds | 1 Ba @ $929K (9/11/25)
  • #3610: 1 Bd | 1 Ba @ $790K (7/31/25)
  • #1413: 2 Bds | 1 Ba @ $930K (7/18/25)
  • #1513: 2 Bds | 1 Ba @ $1.1M (7/11/25)
  • #912: 1 Bd | 1 Ba @ $572K (6/20/25)
  • #3313: 2 Bds | 1 Ba @ $998K (5/23/25)
  • #1501: 1 Bd | 1 Ba @ $650K (5/9/25)
  • #2804: 1 Bd | 1 Ba @ $738K (4/1/25)
  • #2204: 1 Bd | 1 Ba @ $850K (2/13/25)
  • #1610: 1 Bd | 1 Ba @ $715K (2/10/25)
  • #1714: 2 Bds | 1 Ba @ $950K (2/3/25)
  • #1409: 1 Bd | 1 Ba @ $653K (12/11/24)
  • #3609: 1 Bd | 1 Ba @ $660K (12/6/24)
  • #2310: 1 Bd | 1 Ba @ $155K (11/15/24)
  • #2009: 1 Bd | 1 Ba @ $663K (11/15/24)
  • #1912: 1 Bd | 1 Ba @ $680K (10/30/24)
  • #2108: 1 Bd | 1 Ba @ $170K (8/30/24)
  • #1006: 1 Bd | 1 Ba @ $650K (7/29/24)
  • #709: 1 Bd | 1 Ba @ $615K (7/15/24)
  • #1012: 1 Bd | 1 Ba @ $650K (4/15/24)
  • #2305: 1 Bd | 1 Ba @ $625K (4/2/24)
  • #1612: 1 Bd | 1 Ba @ $688K (3/21/24)
  • #1613: 2 Bds | 1 Ba @ $935K (3/18/24)
  • #2712: 1 Bd | 1 Ba @ $855K (3/8/24)
  • #3308: 1 Bd | 1 Ba @ $780K (2/28/24)
  • #1405: 1 Bd | 1 Ba @ $600K (2/23/24)
  • #2601: 1 Bd | 1 Ba @ $600K (2/8/24)
  • #2506: 1 Bd | 1 Ba @ $660K (2/5/24)
  • #3112: 1 Bd | 1.5 Ba @ $695K (1/31/24)
  • #2514: 2 Bds | 1 Ba @ $935K (1/10/24)
  • #710: 1 Bd | 1 Ba @ $610K (1/4/24)
  • #1401: 1 Bd | 1 Ba @ $585K (12/18/23)
  • #2005: 1 Bd | 1 Ba @ $615K (11/22/23)
  • #1408: 1 Bd | 1 Ba @ $170K (11/22/23)
  • #1711: 1 Bd | 1 Ba @ $630K (10/10/23)
  • #1011: 1 Bd | 1 Ba @ $585K (8/31/23)
  • #1712: 1 Bd | 1 Ba @ $635K (8/11/23)
  • #1202: 1 Bd | 1 Ba @ $625K (6/30/23)
  • #2611: 1 Bd | 1 Ba @ $620K (6/2/23)
  • #1402: 1 Bd | 1 Ba @ $645K (6/2/23)
  • #1503: 1 Bd | 1 Ba @ $615K (5/18/23)
  • #3504: 1 Bd | 1 Ba @ $220K (4/4/23)
  • #2404: 1 Bd | 1 Ba @ $650K (3/24/23)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.11
  • Price / ft²: $1,328
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone X
  • View: City, Mountain
  • Furnished: Negotiable
  • Property Condition: Above Average
  • Owner Occupancy: 5%
  • Management Company: Hawaiiana
  • Security Features: Card, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Meeting Room, Pool on Property, Recreation Area
  • TMK: 1-2-6-28-11-107
  • Tax Assessed Land: $80,600
  • Tax Assessed Improvements: $533,700
  • Tax Assessed Total: $614,300
  • Courtesy: YourTurn Inc
  • MLS: 202513641
Ask George a Question
About Waikiki Sunset
  • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
     
  • Built: 1979, 38 Floors, 435 Units, 1 & 2BR, Pets: OK (verify).
     
  • Amenities: Pool, Gym, Sauna, BBQ.
     
  • Short-term Vacation Renting: Allowed.

Note: A special assessment of $253/mo to $295/mo for the 1-bedroom units and $582 to $660/mo for the 2-bedroom units ends in December 2028, or it can be paid off in full before then. This is for the 2025 completed AC fan coil replacement project.

Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including unit  ..... Read more.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 05, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Sunset Listings
$725,000
Waikiki Sunset #912
1 Bd | 1 Ba
534 ft²
$750,000
Waikiki Sunset #2305(NUC)
1 Bd | 1 Ba
546 ft²
$685,000
Waikiki Sunset #902 (NUC)
1 Bd | 1 Ba
534 ft²
$675,000
Waikiki Sunset #3203
1 Bd | 1 Ba
546 ft²
Other Condotels
Featured
$735,000
$825,000
Ilikai Marina #1286
1 Bd | 1 Ba
651 ft²
$830,000
Luana Waikiki #1607
1 Bd | 1 Ba
588 ft²
$830,000
Pacific Monarch #807
1 Bd | 1 Ba
443 ft²
$619,000
Island Colony #2620
1 Bd | 1 Ba
570 ft²
$649,000
Tradewinds Plaza #703
Studio | 1 Ba
322 ft²
  • Asking Price: $725,000
Description
Legal Short Term Vacation Rental in Waikiki! Fully furnished 1 bedroom, 1 bathroom and 1 parking unit with stunning views of the mountains and city. *Some of photos are virtually staged. The actual furniture conforms to the standards required for hotel pool. Seller shall provide the imaged furniture at the seller's expense if the buyer will be willing to operate the unit as privately operated vacation rental. It will be the buyer's choice. Just minutes from Waikiki Beach, Kapiolani Park, aquarium, Honolulu Zoo, Diamond Head, shopping, restaurants, and bus lines. Don't want to go anywhere, No Problem when you have a pool, gym, BBQ area, rec. space, hospitality lounge, conference room, mini mart, and much more with 24-hour security. . Maintenance fee includes electricity, central AC, water, sewer, hot water, and basic cable. Note: Special assessment of $263.58 for fan coil project runs 01/2025-12/2028.Don’t miss out on this exceptional opportunity to own a piece of paradise. Perfect for vacationers and investors alike.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 05, 2025.Information is deemed reliable but not guaranteed.
    • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
       
    • Built: 1979, 38 Floors, 435 Units, 1 & 2BR, Pets: OK (verify).
       
    • Amenities: Pool, Gym, Sauna, BBQ.
       
    • Short-term Vacation Renting: Allowed.

    Note: A special assessment of $253/mo to $295/mo for the 1-bedroom units and $582 to $660/mo for the 2-bedroom units ends in December 2028, or it can be paid off in full before then. This is for the 2025 completed AC fan coil replacement project.

    Per Bill 41 (CO 22-07), all Waikiki Sunset units are allowed to do short-term renting, including unit  ..... Read more.

    Other Waikiki Sunset Listings
    $725,000
    Waikiki Sunset #912
    1 Bd | 1 Ba
    534 ft²
    $750,000
    Waikiki Sunset #2305(NUC)
    1 Bd | 1 Ba
    546 ft²
    $685,000
    Waikiki Sunset #902 (NUC)
    1 Bd | 1 Ba
    534 ft²
    $675,000
    Waikiki Sunset #3203
    1 Bd | 1 Ba
    546 ft²
    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.