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MLS: 202618008 (Active - For Sale)Condo: Waikiki Sunset #812
 
Asking Price: $520,000 FS - Fee Simple
Type: Condominium
District: Metro
Address: 229 Paoakalani Avenue, Honolulu, HI
Maintenance Fee: 1310.00
Neighborhood: Waikiki
Beds: 1   Baths: 1
Living Area: 534 SF
Land Area: 1.15 Acres
View: City,Diamond Head
Parking: Covered - 1,Unassigned
Amenities: BBQ,Community Laundry,Condo Association Pool,Exercise Room,Fire Sprinkler,Meeting Room,Patio/Deck,Po
Days on Market: 13
Year Built: 1979
Zoning: X2 - Apartment Precinct
Land Recorded: Dual Systems
Property Taxes: $190
Assessed Value: $652,300
Assessed Ratio: 79.72%
Listing Courtesy: Midway Realty LLC
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All Units For Sale in Waikiki Sunset


Ideal investment or island getaway! This legally permitted short-term vacation rental at the desirable Waikiki Sunset delivers on both fronts! Beautifully updated and fully furnished 1-bedroom, 1-bathroom unit comes complete with a covered unassigned parking stall. Step onto your private lanai and take in iconic Diamond Head views. A signature Waikiki backdrop that guests and owners alike will love. Resort-style amenities include a sparkling pool, fitness room, BBQ, recreation area, and on-site convenience store, all adding to the lifestyle appeal and rental desirability of this well-located unit. Waikiki Sunset is just a block from the beach and moments from Kapiolani Park, Honolulu Zoo and the Waikiki's vibrant dining and shopping scene. Currently managed by Midway Vacations and the unit has existing bookings through Dec 8, 2026. Possession is subject to the current rental lease. Buyer must honor all future bookings in place as of the closing date per the existing management agreement.

1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
291454411/06/200902/25/2010$150,000$150,000

11 Comparable Units Sold in Waikiki Sunset (Last 12 months)
Description List Date Sold Date List Price Sold Price
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 Bath03/19/202511/14/2025$725,000$688,000
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 Bath10/07/202503/11/2026$850,000$805,000
Average Price:  $643,909

 
Information is deemed reliable but not guaranteed.
Copyright: 2015 by the HiCentral MLS, Ltd.
 
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use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
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