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Palms At Waikiki #212 (Waikiki)

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1850 Ala Moana Blvd #212, Honolulu

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Description
Incredible opportunity to purchase a 5-star rated, fully furnished, reputable turn-key vacation rental with consistent growth in income, year after year. Current bookings secured extend to September 2024 which can conveyed with the sale. Designed and renovated w/ high quality furnishings/finishes maximizing overall returns. Larger studio floorpan w/ PARKING, plus lanai, showcasing a picturesque cityscape and peekaboo Diamond Head views, WOW! South facing, and preferred side of the building, this unit is located same level as the pool & BBQ, vending/Ice machines & fitness room, how convenient. Contemporary island vibe with a hand painted mural mural sets a backdrop for this high performing, truly unique unit. Established higher nightly rates & occupancy % distinctively sets this home apart from the rest. Great opportunity to diversify your portfolio with a rental like no other. Boutique Condotel offering with recently updated common areas. Sizable inventory transferred with the sale. The consistency in occupancy is built into the reputation with over 147 Reviews! The ratings and numbers speak for itself, come take a look and see why this may the one you've been waiting for.
Past Activity
  • Aug 29, 2023 Sold for $397,000
  • Aug 06, 2023 Under Contract
  • Jul 24, 2023 Listed at $399,000
  • Dec 17, 2021 Off Market
  • Nov 29, 2021 Listed at $329,000
  • Jan 15, 2021 Off Market
  • Dec 09, 2020 Price $365,000
  • Nov 11, 2020 Listed at $385,000
  • Apr 26, 2019 Sold for $257,000
  • Feb 11, 2019 Under Contract
  • Jan 18, 2019 Listed at $270,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.10
  • Price / ft²: $1,233
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2019
  • Zoning: 18 - AMX-3 High Density Apt Mix
  • Flood Zone: Zone AE
  • View: City, Diamond Head, Mountain
  • Furnished: Full
  • Property Condition: Excellent,Above Average
  • Owner Occupancy: 1%
  • Management Company: Aqua Aston
  • Security Features: Card, Key, Security Patrol, Video
  • Amenities: BBQ, Condo Association Pool, Exercise Room, Fire Sprinkler, Other, Patio/Deck, Pool on Property, Restaurant, Security Guard
  • TMK: 1-2-6-12-3-14
  • Tax Assessed Land: $68,600
  • Tax Assessed Improvements: $263,900
  • Tax Assessed Total: $332,500
  • Courtesy: Refined Real Estate Hawaii LLC / (808) 260-9888
  • MLS: 202317053
Good to Know
  • Address: 1850 Ala Moana Blvd, Honolulu, HI 96815.
  • Built in 1970, 12 Floors with 269 Units, Studio – 1 BR Floor plans, Pets: No.
  • Amenities include: Pool, Sun Deck, Exercise Room, Restaurant, Community Laundry, Concierge.
  • This condotel managed by Aqua Hotels has great amenities and a high occupancy rate, making a purchase here a worry-free investment or a perfect weekend/vacation getaway.

About Palms at Waikiki
This is a popular boutique condotel on the Ala Moana end of Waikiki. An extensive remodel in 2005 completely modernized the units and gave the Palms a  .....
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 8/28/23 at $397,000
    (List Price: $399,000)
Description
Incredible opportunity to purchase a 5-star rated, fully furnished, reputable turn-key vacation rental with consistent growth in income, year after year. Current bookings secured extend to September 2024 which can conveyed with the sale. Designed and renovated w/ high quality furnishings/finishes maximizing overall returns. Larger studio floorpan w/ PARKING, plus lanai, showcasing a picturesque cityscape and peekaboo Diamond Head views, WOW! South facing, and preferred side of the building, this unit is located same level as the pool & BBQ, vending/Ice machines & fitness room, how convenient. Contemporary island vibe with a hand painted mural mural sets a backdrop for this high performing, truly unique unit. Established higher nightly rates & occupancy % distinctively sets this home apart from the rest. Great opportunity to diversify your portfolio with a rental like no other. Boutique Condotel offering with recently updated common areas. Sizable inventory transferred with the sale. The consistency in occupancy is built into the reputation with over 147 Reviews! The ratings and numbers speak for itself, come take a look and see why this may the one you've been waiting for.
    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.
    • Aug 29, 2023 Sold for $397,000
    • Aug 06, 2023 Under Contract
    • Jul 24, 2023 Listed at $399,000
    • Dec 17, 2021 Off Market
    • Nov 29, 2021 Listed at $329,000
    • Jan 15, 2021 Off Market
    • Dec 09, 2020 Price $365,000
    • Nov 11, 2020 Listed at $385,000
    • Apr 26, 2019 Sold for $257,000
    • Feb 11, 2019 Under Contract
    • Jan 18, 2019 Listed at $270,000
    • Address: 1850 Ala Moana Blvd, Honolulu, HI 96815.
    • Built in 1970, 12 Floors with 269 Units, Studio – 1 BR Floor plans, Pets: No.
    • Amenities include: Pool, Sun Deck, Exercise Room, Restaurant, Community Laundry, Concierge.
    • This condotel managed by Aqua Hotels has great amenities and a high occupancy rate, making a purchase here a worry-free investment or a perfect weekend/vacation getaway.

    About Palms at Waikiki
    This is a popular boutique condotel on the Ala Moana end of Waikiki. An extensive remodel in 2005 completely modernized the units and gave the Palms a  .....
    Read more.


    Other Palms At Waikiki Listings
     
    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.