Hawaii Living

Foster Tower #2306 (Waikiki)

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2500 Kalakaua Ave #2306, Honolulu

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Description
Their "Seashell" is how Sellers refer to their pied-à-terre, enjoyed as a second home, across Kalakaua Avenue from Waikiki Beach. Its robust 30-day rental boasts consistent revenue, even all through the pandemic. The 2015 remodel reflects a beachy ambiance to mirror its location. A full kitchen, bathroom, owner's closet plus hallway storage outside the studio, offers the possibility of full-time residency; parking can be rented nearby and occasionally purchased. Pet-friendly, too! Foster Tower was the first residential high rise condominium developed in this world renown vacation destination, accessible to everything one needs for a fulfilling island experience. Stroll the historical tour in the lobby where names and places conjure memories of film, sports and music. Sub-metering was completed 1 July 2021; electricity now paid separately, plus HOA fees were lowered. Bike, moped, surfboard storage. 24-hour security. Scores: Walkability 90; transit 70; cycling 78. Sale by way of an IRC 1031 Exchange at no cost to Buyer.
Past Activity
  • Sep 26, 2024 Price $580,000
  • May 07, 2024 Price $599,500
  • Mar 30, 2024 Listed at $620,000
  • Apr 14, 2022 Sold for $502,000
  • Feb 21, 2022 Under Contract
  • Sep 25, 2021 Back to Active
  • Sep 21, 2021 Under Contract
  • Sep 01, 2021 Price $540,000
  • Feb 24, 2021 Price $558,000
  • Sep 09, 2020 Listed at $565,000
  • Mar 31, 2015 Sold for $488,000
  • Feb 09, 2015 Under Contract
  • Jan 07, 2015 Listed at $488,888
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.23
  • Price / ft²: $1,138
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2015
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone X
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Coastline, Diamond Head, Ocean, Sunset
  • Furnished: Full
  • Property Condition: Above Average,Excellent
  • Owner Occupancy: 60%
  • Management Company: Touchstone
  • Security Features: Key, Security Patrol, Video
  • Amenities: Community Laundry, Exercise Room, Heated Pool, Meeting Room, Patio/Deck, Resident Manager, Sauna, Security Guard, Storage, Trash Chute
  • TMK: 1-2-6-26-14-127
  • Tax Assessed Land: $39,500
  • Tax Assessed Improvements: $495,600
  • Tax Assessed Total: $535,100
  • Courtesy: Hawaii Life
  • MLS: 202023385
Good to Know
  • Address: 2500 Kalakaua Ave, Honolulu, HI 96815.
     
  • Built: 1962, 133 Units on 25 Floors, Studio & 1 to 2BR Floor plans, Pets: OK (verify).
     
  • Amenities: Heated Pool, Fitness Center, Sauna, 24-Hour Security.
     
  • Fun Fact: 1st residential condo, over 16 stories tall, built in Waikiki.

Prime location on Kalakaua Ave, right across the street from a central part of Waikiki Beach. Residential buildings in Waikiki rarely sit this close to the beach; most are built a bit further inland and prime spots closer to the ocean are generally 'reserved' for hot  .....
Read more.




The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
  • Sold 4/14/22 at $502,000
    (List Price: $540,000)
Description
Their "Seashell" is how Sellers refer to their pied-à-terre, enjoyed as a second home, across Kalakaua Avenue from Waikiki Beach. Its robust 30-day rental boasts consistent revenue, even all through the pandemic. The 2015 remodel reflects a beachy ambiance to mirror its location. A full kitchen, bathroom, owner's closet plus hallway storage outside the studio, offers the possibility of full-time residency; parking can be rented nearby and occasionally purchased. Pet-friendly, too! Foster Tower was the first residential high rise condominium developed in this world renown vacation destination, accessible to everything one needs for a fulfilling island experience. Stroll the historical tour in the lobby where names and places conjure memories of film, sports and music. Sub-metering was completed 1 July 2021; electricity now paid separately, plus HOA fees were lowered. Bike, moped, surfboard storage. 24-hour security. Scores: Walkability 90; transit 70; cycling 78. Sale by way of an IRC 1031 Exchange at no cost to Buyer.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • Sep 26, 2024 Price $580,000
    • May 07, 2024 Price $599,500
    • Mar 30, 2024 Listed at $620,000
    • Apr 14, 2022 Sold for $502,000
    • Feb 21, 2022 Under Contract
    • Sep 25, 2021 Back to Active
    • Sep 21, 2021 Under Contract
    • Sep 01, 2021 Price $540,000
    • Feb 24, 2021 Price $558,000
    • Sep 09, 2020 Listed at $565,000
    • Mar 31, 2015 Sold for $488,000
    • Feb 09, 2015 Under Contract
    • Jan 07, 2015 Listed at $488,888
    • Address: 2500 Kalakaua Ave, Honolulu, HI 96815.
       
    • Built: 1962, 133 Units on 25 Floors, Studio & 1 to 2BR Floor plans, Pets: OK (verify).
       
    • Amenities: Heated Pool, Fitness Center, Sauna, 24-Hour Security.
       
    • Fun Fact: 1st residential condo, over 16 stories tall, built in Waikiki.

    Prime location on Kalakaua Ave, right across the street from a central part of Waikiki Beach. Residential buildings in Waikiki rarely sit this close to the beach; most are built a bit further inland and prime spots closer to the ocean are generally 'reserved' for hot  .....
    Read more.




    Other Foster Tower Listings
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    Foster Tower #1906
    Studio | 1 Ba
    441 ft²
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    Foster Tower #1606
    Studio | 1 Ba
    441 ft²
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    Foster Tower #2306
    Studio | 1 Ba
    441 ft²
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    Leasehold
    $190,000
    Foster Tower #1505
    Studio | 1 Ba
    529 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.