Tradewinds Plaza offers a rare opportunity to own a legally permitted short-term rental in the more desirable Diamond Head end of Waikiki. Just one block from Waikiki Beach, Honolulu Zoo, and Kapiolani Park. Currently operating as a popular Airbnb. Property offers an exceptional blend of island lifestyle and urban convenience in a very well managed building. Enjoy easy access to world-class surfing, dining, shopping, and entertainment. Positioned in a more quiet residential pocket while remaining close to Kalakaua Avenue, providing a perfect balance between relaxation and activity. With excellent walkability, and public transportation, this address is ideal for both full-time living or a proven investment. The preferred Waikiki location ensures strong rental demand and long-term value, making it an attractive choice for Hawaii real estate buyers.
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
2572 Lemon Rd #1105 · $355,000
DAYS ON MARKET
269 days
The average home goes pending in 89 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
LIST PRICE
$355,000
Median list price in this area is $520,229. (47% higher than this home)
PRICE DROP
0 price drops
16% 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
Hardwood flooring
Studio unit on 11th floor
Total of 1 room
Bathrooms
1 full bathroom
Laundry & utility
Building laundry facilities
Flooring
Hardwood
Exterior features
Building has a view
Lot is fee simple
Resort mixed-use zoning
Home design
Condominium in Tradewinds Plaza
Entry on 11th floor
Average condition
Security
Closed-circuit cameras
Secured elevator
Key card entry
Construction
Concrete construction
HOA & community
Monthly maintenance fee: $450.44
Association covers common areas, electricity, gas, hot water, sewer, and water
Association provides management services
Financial info
Annual taxes listed separately
Electricity and solar
View estimated energy costs and solar savings for this home
Penthouse level Resort Zoned studio apartment with partial ocean views located just two blocks from Waikiki Beach Park, one block from Honolulu Zoo, short distance to Kapiolani Park. One of the few buildings in Waikiki with low HOA dues, 20 gated & 3 ungated, resident & guest parking spaces on a 1st come basis, specified in House Rules. Condo previously used for long term resident, Buyer to perform due diligence regarding short term rental, vacation rental, City & County regulations, State of Hawaii regulations, etc.
HiCentral MLS #2705721
May 16, 2007
Sold
$167,000
$628/sq ft
Mar 19, 2007
Listed
$189,000
$711/sq ft
LOCATION,Location,Location!!! This cozy fee simple studio is located steps from the beach in one of the cleanest, well managed & maintained bldgs in Waikiki. A great vacation beach apt., get-away unit, surf pad or investor unit. Enjoy all of the activities & attractions the neighborhood has to offer. Some tree top park & ocean view from this fully furnished unit. This one will go fast!