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Fee simple in boutique Aqua Aloha Surf Hotel, FULLY LEGAL for SHORT-TERM RENTALS with hotel-resort zoning and no special registration required. This 290 sq ft studio with 45 sq ft private lanai offers Ala Wai canal views from the sixth floor. Building modernization includes elevator renovations through April 2026. Sold fully furnished and ready for new ownership. Two management options: continue with Aqua-Aston rental program (Marriott Vacations Worldwide) for hassle-free operation, or self-manage independently for flexibility. Prime central Waikiki location just two blocks from Waikiki Beach, one block from International Market Place, moments from Royal Hawaiian Center, world-class dining, and entertainment options. This established condotel enjoys strong vacation rental demand year-round in thriving Waikiki. Property features pool surrounded by sun deck, tropical landscaping, BBQ, full-service spa, 24-hour front desk, laundry, parking. Additional amenities include beach towel service, luggage storage, multilingual staff. Monthly AOAO fee includes all-inclusive utilities and services. Turnkey condotel unit in prime Waikiki location near Ala Wai Golf Course and freeway access.