| MLS: 202607736 (Active - For Sale)Condo: Fairway Villa #1516 Asking Price: $369,000 FS - Fee Simple Type: Condominium District: Metro Address: 2345 Ala Wai Boulevard, Honolulu, HI Maintenance Fee: 711.00 Neighborhood: Waikiki Association Fee: $540 Beds: 0 Baths: 1 Living Area: 364 SF Land Area: 0.87 Acres View: City,Marina/Canal Parking: Covered - 1 Amenities: BBQ,Patio/Deck,Pool on Property,Recreation Area,Resident Manager,Sauna,Security Guard,Trash Chute Days on Market: 1 Year Built: 1975 Zoning: X2 - Apartment Precinct Land Recorded: Land Court Property Taxes: $253 Assessed Value: $330,200 Assessed Ratio: 111.75% Listing Courtesy: Coldwell Banker Island Prop | Google Map County Records Add to Watch List Print Version Request Info All Units For Sale in Fairway Villa |
An exceptional and rare legal short-term rental in the highly sought-after Fairway Villa in the center of Waikiki. This turn-key studio on the 15th floor offers the perfect blend of lifestyle and income potential. Ideally located just minutes from Waikiki Beach, International Market Place, dining, and shopping, this unit features a bright, open layout with floor-to-ceiling sliding doors leading to a private lanai for relaxing and enjoying the island breeze. Fairway Villa is a secure building with resort-style amenities, including a rooftop pool with panoramic ocean views, sauna, BBQ area, and 24-hour security. Ideal for investors, with strong income potential and attractive cap rate. Legal short-term rental with active reservations in place, offering immediate income potential. Property is currently professionally managed, and sale is subject to existing bookings. Showings by appointment only, based on availability.
17 Comparable Units Sold in Fairway Villa (Last 12 months)
| Description | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 0 Bed 1 Bath | 06/27/2025 | 08/29/2025 | $77,000 | $65,000 |
| 0 Bed 1 Bath | 08/22/2025 | 12/12/2025 | $270,000 | $281,000 |
| 0 Bed 1 Bath | 01/10/2026 | 02/17/2026 | $285,000 | $305,000 |
| 0 Bed 1 Bath | 11/19/2025 | 01/13/2026 | $288,000 | $280,000 |
| 0 Bed 1 Bath | 02/12/2025 | 07/14/2025 | $289,000 | $275,000 |
| 0 Bed 1 Bath | 04/28/2025 | 08/12/2025 | $299,000 | $340,000 |
| 0 Bed 1 Bath | 12/26/2024 | 05/16/2025 | $305,000 | $298,000 |
| 0 Bed 1 Bath | 03/30/2025 | 06/17/2025 | $305,000 | $285,000 |
| 0 Bed 1 Bath | 01/27/2025 | 06/20/2025 | $310,000 | $305,000 |
| 0 Bed 1 Bath | 05/27/2025 | 07/28/2025 | $310,000 | $304,000 |
| 0 Bed 1 Bath | 12/06/2024 | 10/08/2025 | $313,000 | $313,000 |
| 0 Bed 1 Bath | 04/18/2025 | 05/05/2025 | $315,000 | $307,500 |
| 0 Bed 1 Bath | 01/06/2026 | 03/09/2026 | $320,000 | $310,000 |
| 0 Bed 1 Bath | 12/18/2024 | 07/01/2025 | $329,000 | $315,000 |
| 0 Bed 1 Bath | 10/27/2025 | 02/10/2026 | $329,000 | $315,000 |
| 0 Bed 1 Bath | 08/16/2025 | 09/19/2025 | $348,000 | $350,000 |
| 0 Bed 1 Bath | 02/20/2025 | 05/07/2025 | $359,000 | $359,000 |
| Average Price: | $294,559 | |||
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