Trump Tower Waikiki
223 Saratoga Rd #812
Honolulu, HI 96815

For Sale
Active
List Price
$460,000 (FS)
Property Type:
Condo/Townhouse
Bedrooms:
0
Full Baths:
1
Half Baths:
0
Land Area (sf):
--
Living (sf):
557
Lanai (sf):
0
Other (sf):
--
Parking Stalls:
0 - None
MLS #:
202400739
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI
TMK:
1-2-6-003-061-0011
List Date:

REMARKS:

This is a lovely fully furnished large studio close to Waikiki Beach and has been used only barely as a second/vacation home. It has not been rented for years. Formerly known as the Trump Tower Waikiki, the property has been newly rebranded as "Ka Lai Waikiki Beach, " and is part of the LXR Hotels & Resorts, a Hilton Luxury brand, who is upgrading this Five Star property to the next level. The exceptionally low property tax rate is due to the current 'Dedication for Residential Use, ' which allows for rental terms of 30+ days. If you rent as a short-term rental (less than 30-day rental terms) then the property tax rate will revert to the higher Hotel/Resort property tax rate. If the Buyer intends to rejoin the hotel rental program, then this unit's complete renovation package is estimated to cost $120-140K. The $1, 020.07/mo 'other fees' is the special assessment that ends in December 2025 and pays for the common-area renovation upgrades. ~ Make this your perfect second home, principal residence in paradise, or vacation getaway.

PROPERTY INFORMATION:

Zoning:
X6 - Resort Mixed Use Precinct
Furnished:
Full
Year Built:
2009
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$319,400
Assd. Val. Imprv:
$201,000
Assd. Val. Total:
$520,400
Tax Year:
2024
Monthly Taxes:
$170
Home Exempt.:
$0
Maintenance Fees:
$1,012/mo.
Association Fees:
--/mo.
Other Fees:
$1,020/mo.

SCHOOLS:

Elem. School:
--
Middle School:
--
High School:
--

OTHER PROPERTY FEATURES:

Frontage:
--
View:
City
Pool:
--
Amenities:
Concierge, Doorman, Exercise Room, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Restaurant, Sauna, Security Guard, Valet
Inclusions:
AC Central, Cable TV, Drapes, Range Hood, Refrigerator
Security:
Card, Keyed Elevator, Video
Assn. Fee Inclusions:
Cable TV, Hot Water, Internet Service, Sewer, Water
Other Fee Inclusions:
--
Lot Description:
--
Topography:
--
Number of Stories:
21+
Building Style:
Condotel, High-Rise 7+ Stories
Property Condition:
Excellent
Construction:
Concrete, Double Wall, Masonry/Stucco, Slab
Roofing:
--
Floor Covering:
Marble/Granite, W/W Carpet
Disclosures:
Property Disclosure Stmt
Possession:
45 Days or Less, At Closing
Terms Accept.:
Cash, Conventional
Land Recorded:
Regular System
Exclusions:
--
Easements:
--
Set-Backs:
--
Compensation*:
2.5
Compensation Type:
%

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, April 19, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Hawaii Living LLC