Are you looking for a property with a history of strong cash flow and appreciation, something to depreciate on your taxes AND a vacation home all in one? If you answered yes, this is for you! This property is located in the highly desirable Luana Waikiki which is a boutique hotel of just 230 rooms located on Waikiki's famous Kalakaua Strip. People from all over the world understand the value in owning an investment property here in one of the strongest tourism markets on the planet. The Luana Waikiki is one of only a handful of buildings where you can legally rent out your property on a nightly basis and with the recent law changes, this has made owning these properties much more valuable. The building fronts Ainahau Park which connects directly to Fort DeRussy Beach (one of Waikiki's most pristine beaches). Enjoy fine dining, world-class shopping a block away at luxury row, pristine beaches, the Honolulu Zoo, Diamond Head and much more! As of today, there are only approximately 9 other legal vacation rental listings in Waikiki under $400, 000. This number is shockingly low considering the volume of real estate we have in the Waikiki Area. Don't miss out on this opportunity!
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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Tuesday, December 5, 2023. Information is deemed
reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd. Listing courtesy of Paradise Real Estate Brokers