1850 Ala Moana Boulevard Unit 816, Honolulu, HI 96815
- $405,000
- 1
- BA
- 321
- SqFt
- Sold Price
- $405,000
- List Price
- $435,000
- Days on Market
- 154
- Closing Date
- Jun 29, 2026
- MLS#
- 202601604
- Status
- CLOSED
- Type
- Condo
- Building
- Palms At Waikiki
- Full Baths
- 1
- Living Area
- 321
- Land Tenure
- FS - Fee Simple
- Neighborhood
- Waikiki
Property Description
Unit 816 at the Palms at Waikiki offers a rare opportunity to own a legal, turnkey short-term rental with strong income history and deeded parking. One of the larger studio layouts in the building, this fully renovated unit is ready for immediate use and can be self-managed or placed into the hotel rental pool. The southeast-facing orientation captures views of Diamond Head, ocean, city Skyline, which consistently appeals to guests and supports strong nightly rates. The unit has a proven performance record, generating approximately $63,000+ in annual gross income with a 4.96-star rating, over 80 reviews, and roughly 90% occupancy. Renovated in 2020 as part of the hotel refresh program, the unit features custom upgrades that set it apart from standard inventory. Owners and guests enjoy access to quaint hotel amenities including a pool, BBQ area, fitness center, laundry facilities, front desk services, bell service, and 24-hour security. Located at the gateway to Waikiki and just blocks from Kahanamoku Beach, shopping, dining, and world-class resorts, this property offers flexibility for continued rental income, personal use, or future resale of a high-demand condotel with parking.
Additional Information
- Island
- Oahu
- View
- City, Mountain(s), Ocean
- Construction Materials
- Concrete
- Neighborhood
- Waikiki
- Subdivision
- Waikiki
- Furnished
- Partially
- Year Built
- 1970
- Building Name
- Palms At Waikiki
- Inclusions
- AC Central, Blinds, Kitchenware, Linens, Refrigerator, Smoke Detector
- Maintenance Expense
- $798
- Parking Features
- Assigned, Covered, One Space, Secured
- Unit
- 816
- Assessed Total
- 415300
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Listing courtesy of BHGRE Refined. Selling Office: Hawaii Living LLC.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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