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Listed price in listed location currency (USD).
$440,000

011

MLS® 202601604

Overview

Key Facts

Type Condominium
Levels Residential
Size 321 sqft
Garage No
Maintenance Fees $798
Taxes $4,764
Days Active 33
Approx. Age 1970
Avg. Price Per Sqft $1,370
MLS® Number 202601604

Property Address: 816-1850 Ala Moana Blvd, Honolulu, HI, 96815-1602

Average square foot calculated using Size range provided by listing agent.

Description

Unit 816 at the Palms at Waikiki offers a rare opportunity to own a legal, turnkey short-term rental with strong income history and deeded parking. One of the larger studio layouts in the building, this fully renovated unit is ready for immediate use and can be self-managed or placed into the hotel rental pool. The southeast-facing orientation captures views of Diamond Head, ocean, city Skyline, which consistently appeals to guests and supports strong nightly rates. The unit has a proven performance record, generating approximately $63, 000+ in annual gross income with a 4.96-star rating, over 80 reviews, and roughly 90% occupancy. Renovated in 2020 as part of the hotel refresh program, the unit features custom upgrades that set it apart from standard inventory. Owners and guests enjoy access to quaint hotel amenities including a pool, BBQ area, fitness center, laundry facilities, front desk services, bell service, and 24-hour security. Located at the gateway to Waikiki and just blocks from Kahanamoku Beach, shopping, dining, and world-class resorts, this property offers flexibility for continued rental income, personal use, or future resale of a high-demand condotel with parking.
MLS® Number202601604
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1970
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

AC Central, Blinds, Kitchenware, Linens, Refrigerator, Smoke Detector

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 26, 2026List Date
$440,000List Price
Apr 12, 2023End Date
$399,000Sold Price

Sold

Jan 21, 2023List Date
$405,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $212,000 and $554,000.
Similar properties in this area sold on average for: $212,369
Expected to sell in 65 days. Similar properties sold in 98 days. This home has been on Zoocasa for 33 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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