Live from the Honolulu MLS

Homes for sale on Oʻahu

Loading the latest homes and search controls…

Loading listings…

New

$725,000

229 Paoakalani Avenue #1501

WAIKIKI · Honolulu · 96815 · MLS 202616486

1beds
1baths
546living sqft
Condotype

Exceptional investment opportunity at Waikiki Sunset! This beautifully maintained 1-bedroom, 1-bath residence offers the perfect combination of personal enjoyment and income potential. Located in one of Waikiki's most sought-after resort-zoned buildings, the unit features a functional floor plan, full kitchen, private lanai, and abundant natural light. Just a short stroll to world-famous Waikiki Beach, Kapiolani Park, restaurants, shopping, and entertainment. Resort-style amenities include a swimming pool, fitness center, BBQ area, tennis court, 24-hour security, and more. Whether you're looking for a vacation getaway, an investment property, or both, this is an outstanding opportunity to own in the heart of Waikiki.

If the buyer is considering transitioning the unit to a vacation rental, the seller is open to negotiating a credit toward furniture replacement to help facilitate the conversion.

Building & interior

Condition: Good Condition
Living area: 546 sqft
Total area: 601 sqft
Lot size: 49,963 sqft
Year built: 1979
Floor: 15
Parking: 1 stalls · Covered · One Space · Unassigned
Furnished: Negotiable
View: City · Mountains

HOA & monthly fees

Maintenance fee: $1,103/mo
Other monthly: $264/mo
Total monthly fees: $1,367/mo
Fee includes: Cable Tv · Electricity · Hvac · Hot Water · Sewer · Water
Owner-occupancy: Vacant-occupied

Construction & features

Cooling: Central Air
Flooring: Carpet · Vinyl
Construction: Concrete
Community: Barbecue · Community Pool · Conference Meeting Room · Fitness · Laundry Facilities · Pool · Recreation Area · Condo Hotel Community
Security: Closed Circuit Cameras · Elevator Secured · Key Card Entry · Security Guard

Tax & assessment

Annual property tax: $6,153/yr
Tax year: 2026
Assessed — total: $669,600
Assessed — land: $80,600
Assessed — improvements: $589,000
TMK: 1-2-6-028-011-0107
Zoning: X2 - Apartment Precinct
Land tenure: Fee simple
Financing accepted: Cash · Conventional

Price history

Original list: $725,000
Current: $725,000

Nearby

Pool
Fitness Center
Hot Water

Listed by YourTurn Inc

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.