229 Paoakalani Ave #902 (NUC)

Waikiki Sunset
229 Paoakalani Ave #902 (NUC)
Honolulu, HI 96815

For Sale

Active

List Price

$685,000 (FS)

Property Type:: Condo/Townhouse
Bedrooms:: 1
Full Baths:: 1
Half Baths:: 0

Land Area (sf):: 49,963
Living (sf):: 534
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 1 - Unassigned

MLS #:: 202516858
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: WAIKIKI
TMK:: 1-2-6-028-011-0038

List Date:: August 04, 2025

REMARKS:

Legal Short-Term Rental with NUC in Waikiki Sunset!This beautifully furnished 1-bedroom, 1-bath unit offers legal short-term rental use with a Non-Conforming Use Certificate (NUC) — a rare and valuable opportunity in Waikiki! Enjoy cool tradewinds and ocean views, especially stunning with the city lights at night. Brand New Vinyl flooring in 2026 and a spacious layout, this unit is move-in ready — perfect for personal use, vacationing, or investment. Conveniently located near world-famous Waikiki Beach, Kapiolani Park, shops, restaurants, and more. The building offers resort-style amenities including a pool, BBQ area, exercise room, community laundry, and 24-hour security. Monthly Maintenance Fee: $863.05, which includes electricity, water, hot water, cable TV, central A/C, sewer, and common area expenses. Special Assessment: $256.51/month through December 2028 (starting January 2025).Unit comes with 1 unassigned parking stall. Don’t miss this opportunity to own a legal vacation rental in the heart of Waikiki!

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PROPERTY INFORMATION:

Zoning:: X2 - Apartment Precinct
Furnished:: --

Year Built:: 1979
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $78,400
Assd. Val. Imprv:: $597,000
Assd. Val. Total:: $675,400

Tax Year:: 2025
Monthly Taxes:: $517
Home Exempt.:: $0

Maintenance Fees:: $864/mo.
Association Fees:: --/mo.
Other Fees:: $257/mo.

SCHOOLS:

Elem. School:: Jefferson
Middle School:: Washington
High School:: Kaimuki

OTHER PROPERTY FEATURES:

Frontage:: --
View:: City, Ocean
Pool:: --
Amenities:: BBQ, Club House, Community Association Pool, Condo Association Pool, Sauna, Tennis Court
Inclusions:: AC Central, Drapes, Microwave Hood, Range/Oven, Refrigerator
Security:: Key
Assn. Fee Inclusions:: AC Central, Cable TV, Electricity, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: Special Assessment

Lot Description:: --
Topography:: --
Number of Stories:: 21+
Building Style:: High-Rise 7+ Stories
Property Condition:: Excellent, Above Average
Construction:: Masonry/Stucco
Roofing:: --
Floor Covering:: Vinyl

Disclosures:: 1031 Exchange, Property Disclosure Stmt
Possession:: At Closing
Terms Accept.:: 1031 Exchange, Cash, Conventional
Land Recorded:: Land Court

Exclusions:: --
Easements:: --
Set-Backs:: --

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Friday, February 13, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. Listing courtesy of Locations LLC