Listing Image
MLS: 202603857 (Active - For Sale)Condo: Palms At Waikiki #220
 
Asking Price: $365,000 FS - Fee Simple
Type: Condominium
District: Metro
Address: 1850 Ala Moana Boulevard, Honolulu, HI
Maintenance Fee: 723.00
Neighborhood: Waikiki
Beds: 0   Baths: 1
Living Area: 291 SF

Amenities: BBQ,Community Association Pool,Community Laundry,Exercise Room,Patio/Deck,Pool on Property,Restauran
Days on Market: 80
Year Built: 1970
Zoning: AM - Apartment Mixed Use
Land Recorded: Land Court
Property Taxes: $400
Assessed Value: $341,000
Assessed Ratio: 107.04%
Listing Courtesy: Coldwell Banker Realty


Owner financing available with low down payment and interest-only payments. Turnkey, fully furnished legal short-term rental at Palms at Waikiki on the desirable west end of Waikiki near Ala Moana Center and Waikiki Beach. Currently operating as a vacation rental with professional third-party management, offering immediate income potential. Seller fully paid off the $8,649.26 special assessment in Fall 2025. Building amenities include security patrol, a ground-floor restaurant, air-conditioned hallways, hardwired smoke detectors, and a fire sprinkler system. The maintenance fee covers central AC, electricity, internet, cable TV, water, and sewer helping simplify expenses and improving cash-flow predictability. Conveniently located near shopping, dining, the Hawaii Yacht Club, and Waikiki's weekly Friday night fireworks. Ideal for investors seeking a legal, income-producing property in one of Waikiki's most recognized short-term rental buildings. Price negotiable for cash or conventional buyers.


 
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