For Sale: Sold

Waikiki Banyan
201 Ohua Ave #3410-2 (Ocean V
Honolulu, HI 96815

$888,888 (FS)
Sold Price
$898,888 (FS)
List Price
Property Type:
Condo/Townhouse
Bedrooms:
1
Full Baths:
1
Half Baths:
0
Land Area (sf):
99,796
Living (sf):
533
Lanai (sf):
67
Other (sf):
--
Parking Stalls:
1 - Garage, Unassigned
MLS #:
202402833
TMK:
1-2-6-025-005-0816
List Date:
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
WAIKIKI

REMARKS:

Nestled in Waikiki, the Banyan offers luxury living with ocean views, modern interiors, and a secure, well-managed setup. This vacation rental has performed with prime short-term returns, making it an ideal investment. Steps from Waikiki Beach, it balances serenity with vibrant city life. Meticulously designed units maximize ocean panoramas on the 34th floor, ensuring a seamless indoor-outdoor experience. With elegant interiors blending soon-to-be modern amenities and Hawaiian charm, the Banyan offers comfort and relaxation. The property, managed by dedicated professionals (Midway Realty), boasts advanced security and maintenance services, ensuring a stable investment. Ideal for investors, the Banyan attracts vacationers with its prime location, stunning views, deeded parking stall, and the ability to create nearly $2 million in revenue (Parking Structure) to help fund large projects and keep the maintenance fees reasonable ensuring consistent returns. In the heart of Waikiki, the Banyan is a symbol of island living, inviting investors and seekers of dream getaways to experience the best of Waikiki's vibrant lifestyle. MFs include all utilities like electricity and internet.

PROPERTY INFORMATION:

Zoning:
X2 - Apartment Precinct
Furnished:
Full
Year Built:
1977
Year Remodeled:
2016

FINANCIAL INFORMATION:

Assd. Val. Land:
$112,500
Assd. Val. Imprv:
$656,900
Assd. Val. Total:
$769,400
Tax Year:
2023
Monthly Taxes:
$189
Home Exempt.:
$0
Maintenance Fees:
$722/mo.
Association Fees:
--/mo.
Other Fees:
$52/mo.

SCHOOLS:

Elementary School:
Jefferson
Middle School:
Washington
High School:
Kaimuki

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, May 18, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Coldwell Banker Realty