Hawaii Living

Island Colony #1221 (Waikiki)

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445 Seaside Ave #1221, Honolulu

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Call agent (808) 343-5000 or use contact form.
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Description
Own a profitable piece of paradise in Waikiki with this income-generating, fully furnished 1-bedroom, 1-bath short-term rental located in the highly sought-after and STR legal Island Colony. Situated on the 12th floor, this turnkey property offers breathtaking views of the city skyline, lush mountains, and even partial ocean views from its private lanai.The thoughtfully designed interior features an open-concept layout with a bright living area, a full kitchen with full-size appliances, and a comfortable bedroom with ample closet space.The Island Colony is a full-service building offering resort-style amenities, including a pool, hot tub, fitness center, sauna, BBQ area, on-site laundry, and 24/7 security for peace of mind. Guests will love the convenience of being steps away from Waikiki Beach, the International Marketplace, world-class dining, shopping, and entertainment and having a beautiful lanai to enjoy the beauty of the mountains and skyline.With its excellent rental history and unbeatable location, this property is perfect for investors seeking a high-demand short-term rental in the heart of Waikiki. Contact us today for a private showing!
Recent Activity
  • Apr 08, 2025 Back to Active
  • Mar 28, 2025 Under Contract
  • Mar 19, 2025 Price $485,000
  • Feb 19, 2025 Price $495,000
  • Dec 14, 2024 Listed at $510,000
  • Mar 24, 2023 Sold for $459,900
  • Feb 15, 2023 Under Contract
  • Jan 22, 2023 Listed at $459,900
  • Dec 02, 2016 Sold for $325,000
  • Sep 23, 2016 Off Market
  • Aug 16, 2016 Under Contract
  • Aug 03, 2016 Price $329,000
  • Aug 03, 2016 Price $229,000
  • Aug 03, 2016 Back to Active
  • Jul 21, 2016 Under Contract
  • Jun 07, 2016 Listed at $334,000
Past Sales
(Island Colony)
  • #1401: 1 Bd | 1 Ba @ $443K (4/24/25)
  • #3221: 1 Bd | 1 Ba @ $570K (4/23/25)
  • #3208: Studio | 1 Ba @ $386K (4/22/25)
  • #1208: Studio | 1 Ba @ $338K (4/15/25)
  • #3007: Studio | 1 Ba @ $375K (4/14/25)
  • #1217: Studio | 1 Ba @ $330K (4/11/25)
  • #1403: Studio | 1 Ba @ $360K (4/9/25)
  • #3118: Studio | 1 Ba @ $340K (4/7/25)
  • #1118: Studio | 1 Ba @ $295K (4/2/25)
  • #1408: Studio | 1 Ba @ $310K (3/28/25)
  • #2509: Studio | 1 Ba @ $379K (3/21/25)
  • #3609: Studio | 1 Ba @ $370K (3/19/25)
  • #2121: 1 Bd | 1 Ba @ $550K (3/11/25)
  • #2721: 1 Bd | 1 Ba @ $530K (3/10/25)
  • #2112: Studio | 1 Ba @ $338K (2/27/25)
  • #1506: Studio | 1 Ba @ $385K (2/12/25)
  • #1414: Studio | 1 Ba @ $365K (2/5/25)
  • #3418: Studio | 1 Ba @ $350K (1/29/25)
  • #4215: Studio | 1 Ba @ $420K (12/31/24)
  • #1005: Studio | 1 Ba @ $300K (12/30/24)
  • #3803: Studio | 1 Ba @ $375K (12/30/24)
  • #2707: Studio | 1 Ba @ $265K (12/19/24)
  • #4202: 1 Bd | 1 Ba @ $575K (12/13/24)
  • #3808: Studio | 1 Ba @ $415K (12/3/24)
  • #1021: 1 Bd | 1 Ba @ $335K (11/8/24)
  • #2904: Studio | 1 Ba @ $350K (11/1/24)
  • #3618: Studio | 1 Ba @ $380K (10/30/24)
  • #4315: Studio | 1 Ba @ $420K (10/28/24)
  • #3616: Studio | 1 Ba @ $380K (10/18/24)
  • #2215: Studio | 1 Ba @ $390K (9/30/24)
  • #2905: Studio | 1 Ba @ $380K (9/26/24)
  • #1505: Studio | 1 Ba @ $338K (9/10/24)
  • #1502: 1 Bd | 1 Ba @ $500K (8/30/24)
  • #1201: 1 Bd | 1 Ba @ $495K (8/26/24)
  • #2818: Studio | 1 Ba @ $349K (8/20/24)
  • #1702: 1 Bd | 1 Ba @ $530K (8/19/24)
  • #3614: Studio | 1 Ba @ $360K (8/15/24)
  • #3420: 1 Bd | 1 Ba @ $580K (8/5/24)
  • #3106: Studio | 1 Ba @ $375K (8/2/24)
  • #2402: 1 Bd | 1 Ba @ $525K (7/31/24)
  • #3012: Studio | 1 Ba @ $390K (7/26/24)
  • #1920: 1 Bd | 1 Ba @ $480K (7/24/24)
  • #4112: Studio | 1 Ba @ $390K (7/24/24)
  • #2411: Studio | 1 Ba @ $386K (7/16/24)
  • #4217: Studio | 1 Ba @ $420K (7/3/24)
  • #3319: Studio | 1 Ba @ $383K (6/14/24)
  • #1906: Studio | 1 Ba @ $365K (6/7/24)
  • #1416: Studio | 1 Ba @ $346K (6/5/24)
  • #3201: 1 Bd | 1 Ba @ $510K (5/20/24)
  • #1218: Studio | 1 Ba @ $337K (5/17/24)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.32
  • Price / ft²: $851
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Marina/Canal, Mountain, Sunrise, Sunset
  • Property Condition: Above Average
  • Owner Occupancy: 62%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Resident Manager, Sauna, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-21-26-125
  • Tax Assessed Land: $90,000
  • Tax Assessed Improvements: $394,000
  • Tax Assessed Total: $484,000
  • Courtesy: Hawaii Property Advisors, Inc.
  • MLS: 202428255
Ask Tanner a Question
About Island Colony
  • Address: 445 Seaside Ave, Honolulu, HI 96815.
     
  • Built: 1979, 43 Floors with 745 Units, Studio & 1BR, Pets: No.
     
  • Amenities: Pool, Sauna, BBQ Area, Recreation Deck.
     
  • Short-term Vacation Renting: Allowed.

Island Colony, a condotel at Ala Wai Blvd and Seaside Ave in central Waikiki with community laundry and commercial spaces, sits in a vibrant location ideal for enjoying the area’s attractions.

Units
  • Studios and 1BRs, compact for vacationers, feature large lanais with some higher floor units boasting great ocean views.
  •   ..... Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 24, 2025.Information is deemed reliable but not guaranteed.
Other Island Colony Listings
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$498,000
Island Colony #2902
1 Bd | 1 Ba
563 ft²
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$525,000
Island Colony #3401
1 Bd | 1 Ba
563 ft²
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$529,000
Island Colony #1602
1 Bd | 1 Ba
563 ft²
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$415,000
Island Colony #2914
Studio | 1 Ba
316 ft²
Other Condotels
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$475,000
Regency On Beachwalk #23
1 Bd | 1 Ba
494 ft²
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$459,000
Bamboo #404
1 Bd | 1 Ba
433 ft²
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$430,000
Kalakauan #310
1 Bd | 1 Ba
437 ft²
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$485,000
Palms At Waikiki #604
Studio | 1 Ba
309 ft²
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$489,000
Ilikai Marina #1379
Studio | 1 Ba
427 ft²
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$458,000
Royal Garden At Waikiki #2107
Studio | 1 Ba
361 ft²
  • Asking Price: $485,000
Description
Own a profitable piece of paradise in Waikiki with this income-generating, fully furnished 1-bedroom, 1-bath short-term rental located in the highly sought-after and STR legal Island Colony. Situated on the 12th floor, this turnkey property offers breathtaking views of the city skyline, lush mountains, and even partial ocean views from its private lanai.The thoughtfully designed interior features an open-concept layout with a bright living area, a full kitchen with full-size appliances, and a comfortable bedroom with ample closet space.The Island Colony is a full-service building offering resort-style amenities, including a pool, hot tub, fitness center, sauna, BBQ area, on-site laundry, and 24/7 security for peace of mind. Guests will love the convenience of being steps away from Waikiki Beach, the International Marketplace, world-class dining, shopping, and entertainment and having a beautiful lanai to enjoy the beauty of the mountains and skyline.With its excellent rental history and unbeatable location, this property is perfect for investors seeking a high-demand short-term rental in the heart of Waikiki. Contact us today for a private showing!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 24, 2025.Information is deemed reliable but not guaranteed.
    • Apr 08, 2025 Back to Active
    • Mar 28, 2025 Under Contract
    • Mar 19, 2025 Price $485,000
    • Feb 19, 2025 Price $495,000
    • Dec 14, 2024 Listed at $510,000
    • Mar 24, 2023 Sold for $459,900
    • Feb 15, 2023 Under Contract
    • Jan 22, 2023 Listed at $459,900
    • Dec 02, 2016 Sold for $325,000
    • Sep 23, 2016 Off Market
    • Aug 16, 2016 Under Contract
    • Aug 03, 2016 Price $329,000
    • Aug 03, 2016 Price $229,000
    • Aug 03, 2016 Back to Active
    • Jul 21, 2016 Under Contract
    • Jun 07, 2016 Listed at $334,000
    • Address: 445 Seaside Ave, Honolulu, HI 96815.
       
    • Built: 1979, 43 Floors with 745 Units, Studio & 1BR, Pets: No.
       
    • Amenities: Pool, Sauna, BBQ Area, Recreation Deck.
       
    • Short-term Vacation Renting: Allowed.

    Island Colony, a condotel at Ala Wai Blvd and Seaside Ave in central Waikiki with community laundry and commercial spaces, sits in a vibrant location ideal for enjoying the area’s attractions.

    Units
    • Studios and 1BRs, compact for vacationers, feature large lanais with some higher floor units boasting great ocean views.
    •   ..... Read more.


    Other Island Colony Listings
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    $498,000
    Island Colony #2902
    1 Bd | 1 Ba
    563 ft²
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    $525,000
    Island Colony #3401
    1 Bd | 1 Ba
    563 ft²
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    $529,000
    Island Colony #1602
    1 Bd | 1 Ba
    563 ft²
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    $415,000
    Island Colony #2914
    Studio | 1 Ba
    316 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. The sale may be 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.