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MLS: 202526294 (Active - For Sale)Condo: Waikiki Sunset #2901(NUC)
 
Asking Price: $599,000 FS - Fee Simple
Type: Condominium
District: Metro
Address: 229 Paoakalani Avenue, Honolulu, HI
Maintenance Fee: 887.00
Neighborhood: Waikiki
Beds: 1   Baths: 1
Living Area: 546 SF

View: City,Ocean
Parking: Covered - 1,Garage,Guest,Secur
Amenities: BBQ,Community Laundry,Exercise Room,Fire Sprinkler,Meeting Room,Patio/Deck,Pool on Property,Recreati
Days on Market: 70
(The Price of the property was lowered by $20,900 on 01/26/2026)
Year Built: 1979
Zoning: X2 - Apartment Precinct
Land Recorded: Dual Systems
Property Taxes: $487
Assessed Value: $637,100
Assessed Ratio: 94.02%
Listing Courtesy: List Sotheby's Int'l Realty
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All Units For Sale in Waikiki Sunset


Legal Short-Term Vacation Rental at Waikiki Sunset! Fully furnished 1-bedroom, 1-bath corner unit with 1 unassigned covered parking stall on the 29th floor, offering city and ocean views. Features private lanai, ideal for indoor-outdoor island living. Unit is part of the Aston Waikiki hotel rental pool and holds a Non-Conforming Use Certificate (NUC) allowing legal daily or weekly short-term rentals, making it perfect for investors or a vacation home with income potential. Kitchen is fully equipped for immediate occupancy or guest use. AOAO has completed major upgrades including sprinkler installation and AC fan coil replacement, with ongoing improvements. Resort-style amenities include pool, gym, BBQ, recreation deck, hospitality lounge, conference room, community laundry, on-site minimart, and 24-hour security. Prime Waikiki location near Waikiki Beach, Kapiolani Park, Diamond Head, Honolulu Zoo, shopping, dining, and bus lines. Maintenance fee includes electricity, central AC, water, sewer, hot water, and basic cable. Special assessment $263.57/month (01/2025–12/2028) for fan coil project. Move-in ready and turnkey.

1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
271910410/25/200712/28/2007$241,000$240,000

14 Comparable Units Sold in Waikiki Sunset (Last 12 months)
Description List Date Sold Date List Price Sold Price
1 Bed 1 Bath04/08/202506/20/2025$570,000$572,500
1 Bed 1 Bath08/21/202512/03/2025$575,000$550,000
1 Bed 1 Bath12/19/202501/21/2026$588,000$585,000
1 Bed 1 Bath08/22/202511/12/2025$595,000$595,000
1 Bed 1 Bath08/15/202512/31/2025$615,000$595,000
1 Bed 1 Bath08/04/202512/30/2025$625,000$575,000
1 Bed 1 Bath08/04/202512/12/2025$630,000$610,000
1 Bed 1 Bath10/20/202511/21/2025$635,000$630,000
1 Bed 1 Bath01/28/202505/09/2025$668,000$650,000
1 Bed 1 Bath03/19/202511/14/2025$725,000$688,000
1 Bed 1 Bath01/15/202504/01/2025$750,000$738,000
1 Bed 1 Bath07/01/202512/01/2025$750,000$700,000
1 Bed 1 Bath09/24/202511/14/2025$768,000$750,000
1 Bed 1 Bath06/18/202507/31/2025$820,000$790,000
Average Price:  $644,893

 
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Copyright: 2015 by the HiCentral MLS, Ltd.
 
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