Hawaii Living

Waikiki Banyan #3410-2 (Ocean Views) (Waikiki)

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201 Ohua Ave #3410-2 (Ocean Views), Honolulu

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Description
Nestled in Waikiki, the Banyan offers luxury living with ocean views, modern interiors, and a secure, well-managed setup. This vacation rental has performed with prime short-term returns, making it an ideal investment. Steps from Waikiki Beach, it balances serenity with vibrant city life. Meticulously designed units maximize ocean panoramas on the 34th floor, ensuring a seamless indoor-outdoor experience. With elegant interiors blending soon-to-be modern amenities and Hawaiian charm, the Banyan offers comfort and relaxation. The property, managed by dedicated professionals (Midway Realty), boasts advanced security and maintenance services, ensuring a stable investment. Ideal for investors, the Banyan attracts vacationers with its prime location, stunning views, deeded parking stall, and the ability to create nearly $2 million in revenue (Parking Structure) to help fund large projects and keep the maintenance fees reasonable ensuring consistent returns. In the heart of Waikiki, the Banyan is a symbol of island living, inviting investors and seekers of dream getaways to experience the best of Waikiki's vibrant lifestyle. MFs include all utilities like electricity and internet.
Past Activity
  • Feb 21, 2024 Sold for $888,888
  • Feb 07, 2024 Under Contract
  • Feb 05, 2024 Listed at $898,888
  • May 26, 2021 Sold for $600,000
  • Apr 26, 2021 Under Contract
  • Sep 25, 2020 Listed at $640,000
  • Jul 26, 2020 Off Market
  • Mar 02, 2020 Back to Active
  • Oct 07, 2019 Off Market
  • Sep 09, 2019 Price $650,000
  • Jul 29, 2019 Listed at $675,000
  • Jul 31, 2015 Sold for $495,000
  • Jun 14, 2015 Under Contract
  • May 29, 2015 Price $499,900
  • May 15, 2015 Listed at $530,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.45
  • Price / ft²: $1,668
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2016
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City, Ocean
  • Furnished: Full
  • Property Condition: Excellent,Above Average
  • Owner Occupancy: 9%
  • Management Company: Hawaiiana
  • Security Features: Card, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Fire Sprinkler, Patio/Deck, Playground, Pool on Property, Recreation Area, Restaurant, Sauna, Security Guard, Tennis Court, Trash Chute, Whirlpool
  • TMK: 1-2-6-25-5-816
  • Tax Assessed Land: $112,500
  • Tax Assessed Improvements: $656,900
  • Tax Assessed Total: $769,400
  • Courtesy: Coldwell Banker Realty / (808) 596-0456
  • MLS: 202402833
Good to Know
  • Address: 201 Ohua Ave, Honolulu, HI 96815.
     
  • Built: 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans, Pets: OK (verify).
     
  • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and more.

Per Bill 41 (CO 22-07), all Waikiki Banyan units are now allowed to do short-term renting, even the ones that don’t have a NUC, as long as an owner registers their unit for short-term renting (see process here).

Waikiki Banyan is a 2 tower property, located at the Di  .....
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 2/21/24 at $888,888
    (List Price: $898,888)
Description
Nestled in Waikiki, the Banyan offers luxury living with ocean views, modern interiors, and a secure, well-managed setup. This vacation rental has performed with prime short-term returns, making it an ideal investment. Steps from Waikiki Beach, it balances serenity with vibrant city life. Meticulously designed units maximize ocean panoramas on the 34th floor, ensuring a seamless indoor-outdoor experience. With elegant interiors blending soon-to-be modern amenities and Hawaiian charm, the Banyan offers comfort and relaxation. The property, managed by dedicated professionals (Midway Realty), boasts advanced security and maintenance services, ensuring a stable investment. Ideal for investors, the Banyan attracts vacationers with its prime location, stunning views, deeded parking stall, and the ability to create nearly $2 million in revenue (Parking Structure) to help fund large projects and keep the maintenance fees reasonable ensuring consistent returns. In the heart of Waikiki, the Banyan is a symbol of island living, inviting investors and seekers of dream getaways to experience the best of Waikiki's vibrant lifestyle. MFs include all utilities like electricity and internet.
    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.
    • Feb 21, 2024 Sold for $888,888
    • Feb 07, 2024 Under Contract
    • Feb 05, 2024 Listed at $898,888
    • May 26, 2021 Sold for $600,000
    • Apr 26, 2021 Under Contract
    • Sep 25, 2020 Listed at $640,000
    • Jul 26, 2020 Off Market
    • Mar 02, 2020 Back to Active
    • Oct 07, 2019 Off Market
    • Sep 09, 2019 Price $650,000
    • Jul 29, 2019 Listed at $675,000
    • Jul 31, 2015 Sold for $495,000
    • Jun 14, 2015 Under Contract
    • May 29, 2015 Price $499,900
    • May 15, 2015 Listed at $530,000
    • Address: 201 Ohua Ave, Honolulu, HI 96815.
       
    • Built: 1977, 876 Units and 2 37-Floor Towers, 1 BR Floor Plans, Pets: OK (verify).
       
    • Amenities: Pool, Whirlpool, Sauna, BBQ Area, Tennis Court, Putting Green, Children’s Playground, Community Laundry, Coffee Shop and more.

    Per Bill 41 (CO 22-07), all Waikiki Banyan units are now allowed to do short-term renting, even the ones that don’t have a NUC, as long as an owner registers their unit for short-term renting (see process here).

    Waikiki Banyan is a 2 tower property, located at the Di  .....
    Read more.

    Other Waikiki Banyan 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.