LEGAL DAILY SHORT-TERM RENTAL with PARKING - This turnkey Palms at Waikiki studio condo is ideally located just moments from Iconic Waikiki Beach, Hilton Lagoon, Magic Island, top restaurants, vibrant nightlife and Ala Moana Shopping Center. Fully renovated in 2020, this spacious lanai unit provides access to premium amenities, including swimming pool, sundeck, BBQ area, fitness center and laundry facilities. IHOP and newly added Mai Tais are on property and there are even vending machines near elevators for those middle of the night snack needs. Whether you're an investor looking to rent or desiring a second home in Hawaii, this unit checks the boxes. 725 is currently managed onsite, through Aqua Palms hotel. One of the many advantages of Palms at Waikiki is it offers flexible management options, allowing you to hire the onsite property management team, third-party management, or manage yourself. Currently managed in hotel pool. Experience an investment with flexibility and convenience. This is your opportunity to own prime real estate and a piece of paradise! Live your best dreams!
Waikiki, located between Ala Moana Beach Park and Diamond Head, is a resort and residential Honolulu neighborhood with a beachfront promenade and high-rise skyline. The neighborhood’s energy concentrates around Kalākaua Avenue at Kūhiō Avenue, where surf shops, local boutiques, open-air lanais, and late-night eateries set the pace. The Royal Hawaiian Center, Waikiki Shell, and Duke’s Waikiki act as cultural and social pillars. Mid-century hotels and glassy condo towers line the canal and oceanfront, while pocket parks break up the blocks. Kapiʻolani Park frames the east end with lawns, banyan shade, and ocean views. The Ala Wai Canal edges the inland side with paths and marina activity.
Provided by Walk Score and Local Logic
Market insights
1850 Ala Moana Blvd #725 · $399,000
DAYS ON MARKET
33 days
The average home goes pending in 92 days.
SALE-TO-LIST
97.3%
Most homes are selling 3% below list price.
LIST PRICE
$399,000
Median list price in this area is $526,634. (32% higher than this home)
PRICE DROP
0 price drops
15% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Furnished
Carpet and vinyl flooring
Has a view
Good condition and updated/remodeled
Bathrooms
1 full bathroom
Flooring
Carpet
Vinyl
Heating & cooling
Central air conditioning
Exterior features
Gated community
Closed circuit cameras
Key card entry
Fire sprinkler system
Condo-hotel community amenities including pool, fitness area, barbecue, deck/porch, patio, restaurant, conference/meeting room, trash chute and concierge
On-site management
Guest parking available
Home design
Condo in Palms At Waikiki
Entry level: 7
Fee simple ownership
Zoned AMX-2 (Medium Density Apartment)
Built/updated around 2020
Parking
Covered guest parking (one space)
Security
Closed circuit camera(s)
Gated community
Key card entry
Fire sprinkler system
Concierge service
Construction
Double wall and concrete construction
Effective year built 2020
Utilities
Central air
Water and sewer included in association fee
Electricity included in association fee
HOA & community
Association fee covers common areas, cable TV, electricity, sewer and water
Association amenities include concierge and management
Maintenance expense: $674
Financial info
Assessed value provided (excluded from detailed listing per instructions)
Other
Condo hotel community designation
Electricity and solar
View estimated energy costs and solar savings for this home
Great for investors or second home. This condotel unit is in Aqua Resort's rental pool and parking stall generates additional income for owner. Consistent high occupancy records available. Just a short walk to Waikiki's renowned beaches, Hilton Hawaiian Village, Ala Moana Shopping Center and the Convention Center.