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Waikiki Sunset #3203 (Waikiki)

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229 Paoakalani Ave #3203, Honolulu

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Call/Text George (808) 554-1635 or use contact form.
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Description
Legal Vacation Rental at Waikiki Sunset! Incredible value for this fully furnished, turnkey, high-floor unit with stunning mountain and golf course views that tower above the rest! (Check for yourself!) This unit comes with a Non-Conforming Use Certificate (NCU), allowing for daily vacation rentals—ideal for an investor, second home, or full-time residence (lower taxes when owner-occupied!). This spacious 1-bedroom, 1-bath unit is move-in ready, whether for rental or personal vacation use. Additional perks include 1 covered unassigned parking stall, popcorn ceiling removal, sprinklers, a private open lanai, and a fully equipped kitchen—making financing easier. Located in a secure high-rise building in the heart of Waikiki, this unit is just steps from world-class beaches, shopping, dining, schools, parks, and all that Waikiki has to offer! The monthly maintenance fee covers electricity, water, hot water, cable TV, central air, sewer, and common area expenses. You're welcome to view our 3D Matterport scan online from the comfort of your phone or computer, or book your private tour today!
Recent Activity
Past Sales
(Waikiki Sunset)
  • #2204: 1 Bd | 1 Ba @ $850K (2/13/25)
  • #1610: 1 Bd | 1 Ba @ $715K (2/10/25)
  • #1714: 2 Bds | 1 Ba @ $950K (2/3/25)
  • #1409: 1 Bd | 1 Ba @ $653K (12/11/24)
  • #3609: 1 Bd | 1 Ba @ $660K (12/6/24)
  • #2310: 1 Bd | 1 Ba @ $155K (11/15/24)
  • #2009: 1 Bd | 1 Ba @ $663K (11/15/24)
  • #1912: 1 Bd | 1 Ba @ $680K (10/30/24)
  • #2108: 1 Bd | 1 Ba @ $170K (8/30/24)
  • #1006: 1 Bd | 1 Ba @ $650K (7/29/24)
  • #709: 1 Bd | 1 Ba @ $615K (7/15/24)
  • #1012: 1 Bd | 1 Ba @ $650K (4/15/24)
  • #2305: 1 Bd | 1 Ba @ $625K (4/2/24)
  • #1612: 1 Bd | 1 Ba @ $688K (3/21/24)
  • #1613: 2 Bds | 1 Ba @ $935K (3/18/24)
  • #2712: 1 Bd | 1 Ba @ $855K (3/8/24)
  • #3308: 1 Bd | 1 Ba @ $780K (2/28/24)
  • #1405: 1 Bd | 1 Ba @ $600K (2/23/24)
  • #2601: 1 Bd | 1 Ba @ $600K (2/8/24)
  • #2506: 1 Bd | 1 Ba @ $660K (2/5/24)
  • #3112: 1 Bd | 1.5 Ba @ $695K (1/31/24)
  • #2514: 2 Bds | 1 Ba @ $935K (1/10/24)
  • #710: 1 Bd | 1 Ba @ $610K (1/4/24)
  • #1401: 1 Bd | 1 Ba @ $585K (12/18/23)
  • #2005: 1 Bd | 1 Ba @ $615K (11/22/23)
  • #1408: 1 Bd | 1 Ba @ $170K (11/22/23)
  • #1711: 1 Bd | 1 Ba @ $630K (10/10/23)
  • #1011: 1 Bd | 1 Ba @ $585K (8/31/23)
  • #1712: 1 Bd | 1 Ba @ $635K (8/11/23)
  • #1202: 1 Bd | 1 Ba @ $625K (6/30/23)
  • #2611: 1 Bd | 1 Ba @ $620K (6/2/23)
  • #1402: 1 Bd | 1 Ba @ $645K (6/2/23)
  • #1503: 1 Bd | 1 Ba @ $615K (5/18/23)
  • #1513: 2 Bds | 1 Ba @ $830K (5/8/23)
  • #3504: 1 Bd | 1 Ba @ $220K (4/4/23)
  • #2404: 1 Bd | 1 Ba @ $650K (3/24/23)
  • #1007: 1 Bd | 1 Ba @ $590K (3/13/23)
  • #1810: 1 Bd | 1 Ba @ $203K (2/21/23)
  • #3703: 1 Bd | 1 Ba @ $645K (2/15/23)
  • #1105: 1 Bd | 1 Ba @ $583K (2/1/23)
  • #1009: 1 Bd | 1 Ba @ $610K (1/27/23)
  • #3204: 1 Bd | 1 Ba @ $715K (12/14/22)
  • #902: 1 Bd | 1 Ba @ $620K (10/28/22)
  • #1902: 1 Bd | 1 Ba @ $675K (10/28/22)
  • #604: 1 Bd | 1 Ba @ $640K (10/27/22)
  • #705: 1 Bd | 1 Ba @ $150K (10/17/22)
  • #1201: 1 Bd | 1 Ba @ $489K (9/14/22)
  • #3203: 1 Bd | 1 Ba @ $540K (8/11/22)
  • #3405: 1 Bd | 1 Ba @ $560K (8/10/22)
  • #2203: 1 Bd | 1 Ba @ $578K (7/14/22)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.07
  • Price / ft²: $1,236
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • View: Mountain
  • Property Condition: Above Average
  • Owner Occupancy: 5%
  • Management Company: Hawaiiana
  • Security Features: Security Patrol
  • Amenities: BBQ, Community Association Pool, Community Laundry, Exercise Room, Fire Sprinkler, Patio/Deck, Recreation Area, Recreation Room, Resident Manager, Security Guard, Trash Chute
  • TMK: 1-2-6-28-11-347
  • Tax Assessed Land: $83,500
  • Tax Assessed Improvements: $560,800
  • Tax Assessed Total: $644,300
  • Courtesy: Redfin Corporation / (808) 201-2821
  • MLS: 202502550
Ask George a Question
About Waikiki Sunset
  • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
     
  • Built: 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
     
  • Amenities: Heated Pool, Sauna, BBQ Area, Convenience Store.
     
  • Fun Fact: All units conveyed with 1 unassigned parking stall (rare for Waikiki condo hotels).

Note: For 48 months, from 1/2025 to 12/2028, each Waikiki Sunset condo unit is being assessed an additional $253/mo to $295/mo for the one-bedroom units and $582 to $660/mo for the two-bedroom units to pay for the AC fan coil replacement project. The wo  ..... Read more.



The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 24, 2025.Information is deemed reliable but not guaranteed.
Other Waikiki Sunset Listings
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$668,000
Waikiki Sunset #1501
1 Bd | 1 Ba
546 ft²
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$665,000
Waikiki Sunset #1705
1 Bd | 1 Ba
546 ft²
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$659,000
Waikiki Sunset #905
1 Bd | 1 Ba
546 ft²
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$649,000
Waikiki Sunset #803
1 Bd | 1 Ba
546 ft²
Other Condotels
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$679,000
Ilikai Marina #1299
1 Bd | 1 Ba
742 ft²
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$665,000
Pacific Monarch #906
1 Bd | 1 Ba
443 ft²
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$725,000
Waikiki Banyan #1605-I
1 Bd | 1 Ba
533 ft²
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$620,000
Hawaiian Monarch #3806
1 Bd | 2 Ba
532 ft²
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$598,000
Island Colony #3221
1 Bd | 1 Ba
570 ft²
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$589,000
Regency On Beachwalk #55
1 Bd | 1 Ba
494 ft²
  • Asking Price: $675,000
Description
Legal Vacation Rental at Waikiki Sunset! Incredible value for this fully furnished, turnkey, high-floor unit with stunning mountain and golf course views that tower above the rest! (Check for yourself!) This unit comes with a Non-Conforming Use Certificate (NCU), allowing for daily vacation rentals—ideal for an investor, second home, or full-time residence (lower taxes when owner-occupied!). This spacious 1-bedroom, 1-bath unit is move-in ready, whether for rental or personal vacation use. Additional perks include 1 covered unassigned parking stall, popcorn ceiling removal, sprinklers, a private open lanai, and a fully equipped kitchen—making financing easier. Located in a secure high-rise building in the heart of Waikiki, this unit is just steps from world-class beaches, shopping, dining, schools, parks, and all that Waikiki has to offer! The monthly maintenance fee covers electricity, water, hot water, cable TV, central air, sewer, and common area expenses. You're welcome to view our 3D Matterport scan online from the comfort of your phone or computer, or book your private tour today!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 24, 2025.Information is deemed reliable but not guaranteed.
    • Address: 229 Paoakalani Ave, Honolulu, HI 96815.
       
    • Built: 1979, 38 Floors with 435 Units, 1 & 2BR Floor plans, Pets: OK (verify).
       
    • Amenities: Heated Pool, Sauna, BBQ Area, Convenience Store.
       
    • Fun Fact: All units conveyed with 1 unassigned parking stall (rare for Waikiki condo hotels).

    Note: For 48 months, from 1/2025 to 12/2028, each Waikiki Sunset condo unit is being assessed an additional $253/mo to $295/mo for the one-bedroom units and $582 to $660/mo for the two-bedroom units to pay for the AC fan coil replacement project. The wo  ..... Read more.



    Other Waikiki Sunset Listings
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    $668,000
    Waikiki Sunset #1501
    1 Bd | 1 Ba
    546 ft²
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    $665,000
    Waikiki Sunset #1705
    1 Bd | 1 Ba
    546 ft²
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    $659,000
    Waikiki Sunset #905
    1 Bd | 1 Ba
    546 ft²
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    $649,000
    Waikiki Sunset #803
    1 Bd | 1 Ba
    546 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.