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Active under contract
    • $369,000

    2345 Ala Wai Blvd APT 1516, Honolulu, HI 96815

    0beds
    364sqft
    : 
    $2,882/mo
    Get pre-qualified
    Condominium
    Built in 1975
    -- sqft lot
    $351,900 Zestimate®
    $1,014/sqft
    $711/mo HOA

    What's special

    Floor-to-ceiling sliding doorsBright open layout
    An exceptional and rare legal short-term rental (with NUC Certificate) in the highly sought-after Fairway Villa in the center of Waikiki. This turn-key studio on the 15th floor offers the perfect blend of lifestyle and income potential. Ideally located just minutes from Waikiki Beach, International Market Place, dining, and shopping, this unit features a bright, open layout with floor-to-ceiling sliding doors leading to a private lanai for relaxing and enjoying the island breeze. Fairway Villa is a secure building with resort-style amenities, including a rooftop pool with panoramic ocean views, sauna, BBQ area, and 24-hour security. Ideal for investors, with strong income potential and attractive cap rate. Legal short-term rental with active reservations in place, offering immediate income potential. Property is currently professionally managed, and sale is subject to existing bookings. Showings by appointment only, based on availability.
    98 days
    |
    29
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ruddy Li 808-282-4095,

    Coldwell Banker Island Prop

    Source: HiCentral MLS,MLS#: 202607736MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Features
      • Flooring: Laminate
      • Furnished: Yes
      Interior area
      • Total structure area: 441
      • Total interior livable area: 364 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Covered, One Space
      Features
      • Has view: Yes
      • View description: Canal, City
      • Has water view: Yes
      • Water view: Canal
      • Frontage type: Other
      Details
      • Parcel number: 1260210210142
      • Zoning description: X2 - Apartment Precinct
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: High Rise
      • Property subtype: Condominium
      Materials
      • Other
      Condition
      • Excellent,Good Condition,Updated/Remodeled
      • New construction: No
      • Year built: 1975
      • Major remodel year: 2015

      Community & HOA

      Community
      • Features: Barbecue, Deck/Porch, Patio, Pool, Recreation Area, Sauna, Trash Chute
      • Security: Security Guard
      • Subdivision: Waikiki
      HOA
      • Amenities included: Management
      • Services included: Common Areas, Cable TV, Internet, Sewer, Water
      • HOA fee: $711 monthly
      Location
      • Region: Honolulu

      Financial & listing details

      • Price per square foot: $1,014/sqft
      • Tax assessed value: $330,200
      • Annual tax amount: $3,031
      • Date on market: 4/27/2026
      • Inclusions: AC Window Unit, Cable TV, Drapes, Dryer, Microwave, Range/Oven, Smoke Detector, Washer

        Estimated market value

        $351,900

        $334,000 - $369,000

        $2,114/mo

        Price history

        DateEventPrice
        7/1/2026Contingent$369,000$1,014/sqft
        Source: HiCentral MLS #202607736 Report a problem
        4/28/2026Listed for sale$369,000$1,014/sqft
        Source: HiCentral MLS #202607736 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,031 -4.3%$330,200 -4.5%
        2024$3,169 +127.6%$345,600 -9.2%
        2023$1,392 +43.3%$380,500 +43.4%
        2022$971 -10.4%$265,300 -10.6%
        2021$1,084 -5.1%$296,700 -5%
        2020$1,142 -6.9%$312,400 -6.8%
        2019$1,227 +11.3%$335,300 +6.5%
        2018$1,102 +9%$314,800 +9%
        2017$1,011 +6.8%$288,800 +6.8%
        2016$946 +3.9%$270,400 +3.9%
        2015$911 +20.2%$260,200 +3.5%
        2014$758 $251,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Waikiki

        Getting around

        90 / 100
        Walker's Paradise
        63 / 100
        Good Transit
        97 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Jefferson
        • Middle: Washington
        • High: Kaimuki

        Source: HiCentral MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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