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Rare opportunity to own a property legally zoned for short-term rentals in the heart of Waikiki! Hawaiian Monarch Unit 3706 is uniquely configured as two separate units, A & B, offering exceptional flexibility for both owners and investors. Live in one and rent the other, rent both separately, or enjoy the property as your own Waikiki retreat. This high-floor property offers partial ocean views along with beautiful Waikiki, and mountain scenery. Building amenities include a swimming pool, hot tub, BBQ area, fitness center, 24-hour security, and community laundry. Parking is available for a fee. On-site conveniences include a café, coffee and pastry shop, convenience store, and car rental service. The Hawaiian Monarch is conveniently located near Waikiki Beach, Fort DeRussy, Ala Moana Center, the Honolulu Convention Center, restaurants, shopping, and public transportation, putting you close to everything Waikiki and Honolulu have to offer. Whether you're looking for an income-producing investment, a flexible Waikiki getaway, or both, this unit offers exceptional possibilities. Schedule your showing today and see the possibilities for yourself!