Hawaii Living

Island Colony #1005 (Waikiki)

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  • Sold 9/1/22 at $195,000
    (List Price: $210,000)
  • Beds: 0
  • Baths: 1
  • Living: 302 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/24
  • Lease Rent: $ 173 / month
  • Fee Purchase: $62,353
  • Balcony: 116 ft²
  • Built: 1979
  • Parking: 0
  • Maint. (HOA) Fees: $448 / month
  • Property Taxes: $237 / month ?
  • Est. Mortgage: $1,034 / mo - adjust loan
  • Time Listed for Sale: 57 days
  • Status: Sold
  • Buy without visiting ?
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445 Seaside Ave #1005, Honolulu

Description
Fee available on this legal short term vacation rental lodging unit in the Skyline at Island Colony hotel rental pool program. Keep it in the hotel rental pool to enjoy equal distribution of income among all other studio units in the program; manage short term rentals under the Island Colony Partner license agreement and fees; manage long term rentals; or use as a second home or primary residence! Lots of options! Features a large, deep lanai for outdoor living and mountain and canal views. Secure and popular building with excellent central location in Waikiki near world class beaches, International Marketplace, Royal Hawaiian Shopping Center, and a multitude of restaurants and shops! Fee purchase to convert unit from Leasehold to Fee Simple is estimated up to 5/31/22 (add $3.41 day thereafter) and is a separate escrow and process.
Past Activity
  • Nov 29, 2024 Under Contract
  • Jun 04, 2024 Listed at $350,000
  • Sep 01, 2022 Sold for $195,000
  • Jul 14, 2022 Under Contract
  • Jun 28, 2022 Price $210,000
  • May 18, 2022 Price $230,000
  • May 18, 2022 Listed at $220,000
  • Mar 06, 2020 Off Market
  • Sep 09, 2019 Listed at $200,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.48
  • Price / ft²: $646
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Hot Water, Other Common Expenses, Sewer, Water
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone AE
  • View: City, Marina/Canal, Mountain
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 10%
  • Management Company: Hawaiiana
  • Security Features: Key, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Recreation Area, Sauna, Security Guard, Trash Chute, Wall/Fence
  • TMK: 1-2-6-21-26-70
  • Tax Assessed Land: $52,800
  • Tax Assessed Improvements: $151,800
  • Tax Assessed Total: $204,600
  • Courtesy: Coldwell Banker Realty
  • MLS: 202209644
Good to Know
  • Address: 445 Seaside Ave, Honolulu, HI 96815.
  • Built in 1979, 43 Floors with 745 Units, Studio & 1BR Floor plans, Pets: No.
  • Amenities include Pool, Sauna, BBQ Area, Security Guard, Recreation Deck.
  • The Island Colony is the tallest hotel, and condotel, in Honolulu.

About Island Colony
The Island Colony condo stands on Ala Wai Blvd & Seaside Ave, in the middle of the main stretch of Waikiki. Walk 2 blocks and you're looking at the middle of the Royal Hawaiian Shopping Center, with the hotel that shares that name right behind it. The beach is just beyond that, though  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
Other Island Colony Listings
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$320,000
Island Colony #1118
Studio | 1 Ba
313 ft²
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$349,000
Island Colony #2112
Studio | 1 Ba
316 ft²
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$349,000
Island Colony #1408
Studio | 1 Ba
316 ft²
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$355,000
Island Colony #811
Studio | 1 Ba
308 ft²
Other Condotels
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$230,000
Ala Moana Hotel Condo #2418
Studio | 1 Ba
297 ft²
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$158,000
Ala Moana Hotel Condo #534
Studio | 1 Ba
246 ft²
  • Sold 9/1/22 at $195,000
    (List Price: $210,000)
Description
Fee available on this legal short term vacation rental lodging unit in the Skyline at Island Colony hotel rental pool program. Keep it in the hotel rental pool to enjoy equal distribution of income among all other studio units in the program; manage short term rentals under the Island Colony Partner license agreement and fees; manage long term rentals; or use as a second home or primary residence! Lots of options! Features a large, deep lanai for outdoor living and mountain and canal views. Secure and popular building with excellent central location in Waikiki near world class beaches, International Marketplace, Royal Hawaiian Shopping Center, and a multitude of restaurants and shops! Fee purchase to convert unit from Leasehold to Fee Simple is estimated up to 5/31/22 (add $3.41 day thereafter) and is a separate escrow and process.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
    • Nov 29, 2024 Under Contract
    • Jun 04, 2024 Listed at $350,000
    • Sep 01, 2022 Sold for $195,000
    • Jul 14, 2022 Under Contract
    • Jun 28, 2022 Price $210,000
    • May 18, 2022 Price $230,000
    • May 18, 2022 Listed at $220,000
    • Mar 06, 2020 Off Market
    • Sep 09, 2019 Listed at $200,000
    • Address: 445 Seaside Ave, Honolulu, HI 96815.
    • Built in 1979, 43 Floors with 745 Units, Studio & 1BR Floor plans, Pets: No.
    • Amenities include Pool, Sauna, BBQ Area, Security Guard, Recreation Deck.
    • The Island Colony is the tallest hotel, and condotel, in Honolulu.

    About Island Colony
    The Island Colony condo stands on Ala Wai Blvd & Seaside Ave, in the middle of the main stretch of Waikiki. Walk 2 blocks and you're looking at the middle of the Royal Hawaiian Shopping Center, with the hotel that shares that name right behind it. The beach is just beyond that, though  .....
    Read more.


    Other Island Colony Listings
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    $320,000
    Island Colony #1118
    Studio | 1 Ba
    313 ft²
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    $349,000
    Island Colony #2112
    Studio | 1 Ba
    316 ft²
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    $349,000
    Island Colony #1408
    Studio | 1 Ba
    316 ft²
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    $355,000
    Island Colony #811
    Studio | 1 Ba
    308 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.
    Leasehold Expiry: 12/31/24
    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.