Best Value in Island Colony – Priced Below Tax Assessment! Fully renovated and move-in ready, this low-floor unit offers an incredible opportunity for first-time homebuyers and investors alike. Enjoy tranquil Ala Wai Canal views from your lanai in this turnkey studio, ideally located in the heart of Waikiki. Just minutes from world-famous Waikiki Beach, the Royal Hawaiian Shopping Center, restaurants, and duty-free stores. Island Colony features resort-style amenities including a pool, hot tub, fitness center, BBQ area, and 24-hour security. Don't miss your chance to own a beautifully updated unit in a prime location. Must see to appreciate!