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Waikiki Sunset #902 (NUC) (Waikiki)

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Photo 1 of 229 Paoakalani Ave #902 (NUC), Honolulu
Photo 2 of 229 Paoakalani Ave #902 (NUC), Honolulu
Photo 3 of 229 Paoakalani Ave #902 (NUC), Honolulu

229 Paoakalani Ave #902 (NUC), Honolulu

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Description
Legal Short-Term Rental with NUC in Waikiki Sunset!This beautifully furnished 1-bedroom, 1-bath unit offers legal short-term rental use with a Non-Conforming Use Certificate (NUC) — a rare and valuable opportunity in Waikiki! Enjoy cool tradewinds and ocean views, especially stunning with the city lights at night. Featuring upgraded flooring and a spacious layout, this unit is move-in ready — perfect for personal use, vacationing, or investment. Conveniently located near world-famous Waikiki Beach, Kapiolani Park, shops, restaurants, and more. The building offers resort-style amenities including a pool, BBQ area, exercise room, community laundry, and 24-hour security. Monthly Maintenance Fee: $863.05, which includes electricity, water, hot water, cable TV, central A/C, sewer, and common area expenses. Special Assessment: $256.51/month through December 2028 (starting January 2025).Unit comes with 1 unassigned parking stall. Don’t miss this opportunity to own a legal vacation rental in the heart of Waikiki!
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: $2.10
  • Price / ft²: $1,283
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone X
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Ocean
  • Property Condition: Excellent,Above Average
  • Owner Occupancy: 5%
  • Management Company: Hawaiiana
  • Security Features: Key
  • Amenities: BBQ, Club House, Community Association Pool, Condo Association Pool, Sauna, Tennis Court
  • TMK: 1-2-6-28-11-38
  • Tax Assessed Land: $78,400
  • Tax Assessed Improvements: $597,000
  • Tax Assessed Total: $675,400
  • Courtesy: Locations LLC / (808) 735-4200
  • MLS: 202516858
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
$675,000
Waikiki Sunset #3203
1 Bd | 1 Ba
546 ft²
$670,000
Waikiki Sunset #3409
1 Bd | 1 Ba
546 ft²
$659,000
Waikiki Sunset #905
1 Bd | 1 Ba
546 ft²
$650,000
Waikiki Sunset #3301 (NUC)
1 Bd | 1 Ba
546 ft²
Other Condotels
Featured
$735,000
$619,000
Island Colony #2620
1 Bd | 1 Ba
570 ft²
$755,000
Ilikai Marina #688
1 Bd | 1 Ba
651 ft²
$599,000
Luana Waikiki #606
1 Bd | 1 Ba
676 ft²
$649,000
Tradewinds Plaza #703
Studio | 1 Ba
322 ft²
$830,000
Pacific Monarch #807
1 Bd | 1 Ba
443 ft²
  • Asking Price: $685,000
Description
Legal Short-Term Rental with NUC in Waikiki Sunset!This beautifully furnished 1-bedroom, 1-bath unit offers legal short-term rental use with a Non-Conforming Use Certificate (NUC) — a rare and valuable opportunity in Waikiki! Enjoy cool tradewinds and ocean views, especially stunning with the city lights at night. Featuring upgraded flooring and a spacious layout, this unit is move-in ready — perfect for personal use, vacationing, or investment. Conveniently located near world-famous Waikiki Beach, Kapiolani Park, shops, restaurants, and more. The building offers resort-style amenities including a pool, BBQ area, exercise room, community laundry, and 24-hour security. Monthly Maintenance Fee: $863.05, which includes electricity, water, hot water, cable TV, central A/C, sewer, and common area expenses. Special Assessment: $256.51/month through December 2028 (starting January 2025).Unit comes with 1 unassigned parking stall. Don’t miss this opportunity to own a legal vacation rental in the heart of Waikiki!
    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
    $675,000
    Waikiki Sunset #3203
    1 Bd | 1 Ba
    546 ft²
    $670,000
    Waikiki Sunset #3409
    1 Bd | 1 Ba
    546 ft²
    $659,000
    Waikiki Sunset #905
    1 Bd | 1 Ba
    546 ft²
    $650,000
    Waikiki Sunset #3301 (NUC)
    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.