Welcome to Waikiki Banyan – where location meets opportunity! This gem allows legal short-term rentals, making it a perfect investment or vacation getaway. Just minutes from the beach, world-class dining, and endless entertainment, the possibilities here are endless! Let your imagination run wild—refresh, redesign, and unlock its full potential. Enjoy resort-style amenities, including a pool, hot tub, BBQ area, and more. Whether you're looking for a high-performing rental or your own slice of Waikiki magic, this is the one! Currently the special assessment ($570.78 per month) is for the recreation deck renovation and infrastructure renovation. The special assessment is until the end of this year, 2025. The current owner will pay off the current special assessment at closing. There is also Sandwich Becker Lease which is $52.20 and it is until the end of November, 2035.