Hawaii Living

Waikiki Sunset #2808 (Waikiki)

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229 Paoakalani Ave #2808, Honolulu

This property was sold July 08, 2022 for $665,000
Description
BACK ON THE MARKET! Beautifully renovated 1 bed/1 bath/1 parking condo with a legal Non-conforming Use Certificate (NUC) for short term rentals is perfect for investors, second home buyers or for buyers who want to live in the heart of Waikiki. High floor unit with gorgeous BREATH-TAKING VIEWS of the beautiful blue Pacific Ocean, iconic Diamond Head, lush green Kapiolani Park, and Waikiki City Lights. PRIME LOCATION on the eastern edge of Waikiki for ultimate convenience and just a short walk to world famous Waikiki Beach, eateries, shopping, nightlife and more! Waikiki Sunset offers a fabulous amenity deck and maintenance fee includes central AC, Electricity, Sewer, Hot Water and Water. This is your chance to own your very own PIECE OF PARADISE!
Past Activity
  • Jul 08, 2022 Sold for $665,000
  • Jun 03, 2022 In Escrow
  • May 24, 2022 Price $665,000
  • Apr 22, 2022 Back to Active
  • Feb 23, 2022 In Escrow
  • Feb 17, 2022 Listed at $670,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $1.39
  • Price / Interior Sf: $1,245
  • HOA Fees Include: AC Central, Electricity, Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: AM - Apartment Mixed Use
  • View: Diamond Head, Ocean
  • Owner Occupancy: 5%
  • Management Company: Hawaiiana
  • Security Features: Key
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Recreation Room, Sauna, Security Guard, Trash Chute
  • TMK: 1-2-6-28-11-296
  • Tax Assessed Land: $77,300
  • Tax Assessed Improvements: $462,700
  • Tax Assessed Total: $540,000
  • Courtesy: BHGRE Advantage Realty
  • MLS: 202203184
Blog
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 29, 2022. Information is deemed reliable but not guaranteed.
About Waikiki Sunset
  • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
  • Built in 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
  • Amenities include Heated Pool, Lighted Tennis Court, Sauna, BBQ Area, Convenience Store.
  • Free Beach Ball for the kids when they check in and every room has a Playstation (fee required)!
  • Many, but not all units allow for short-term vacation rentals - learn more here.

News
As per Bill 41 (CO 22-07), all Waikiki Sunset and Waikiki Banyan units are now legal STRs, even the ones that don’t have a NUC.

About Waikiki Sunset
Condotels like the Waikiki Sunset condo have become more and more popular with Hawaii vacationers, due to the kitchen facilities that give them meal independence, much of the same hotel services, but often at a lower price. This attractiveness has made them equally popular with real estate investors because they can possibly produce a good, steady income.

The Waikiki Sunset condo sits on the Diam  ....click here to read more
Description
BACK ON THE MARKET! Beautifully renovated 1 bed/1 bath/1 parking condo with a legal Non-conforming Use Certificate (NUC) for short term rentals is perfect for investors, second home buyers or for buyers who want to live in the heart of Waikiki. High floor unit with gorgeous BREATH-TAKING VIEWS of the beautiful blue Pacific Ocean, iconic Diamond Head, lush green Kapiolani Park, and Waikiki City Lights. PRIME LOCATION on the eastern edge of Waikiki for ultimate convenience and just a short walk to world famous Waikiki Beach, eateries, shopping, nightlife and more! Waikiki Sunset offers a fabulous amenity deck and maintenance fee includes central AC, Electricity, Sewer, Hot Water and Water. This is your chance to own your very own PIECE OF PARADISE!
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 29, 2022. Information is deemed reliable but not guaranteed.
  • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
  • Built in 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
  • Amenities include Heated Pool, Lighted Tennis Court, Sauna, BBQ Area, Convenience Store.
  • Free Beach Ball for the kids when they check in and every room has a Playstation (fee required)!
  • Many, but not all units allow for short-term vacation rentals - learn more here.

News
As per Bill 41 (CO 22-07), all Waikiki Sunset and Waikiki Banyan units are now legal STRs, even the ones that don’t have a NUC.

About Waikiki Sunset
Condotels like the Waikiki Sunset condo have become more and more popular with Hawaii vacationers, due to the kitchen facilities that give them meal independence, much of the same hotel services, but often at a lower price. This attractiveness has made them equally popular with real estate investors because they can possibly produce a good, steady income.

The Waikiki Sunset condo sits on the Diam  ....click here to read more
 
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.
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
Learn more about Oahu property taxes here.