445 Seaside Avenue Unit 1603, Honolulu, HI 96815

$375,000
1
BA
280
SqFt

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List Price
$375,000
Days on Market
60
MLS#
202609511
Status
ACTIVE
Type
Condo
Building
Island Colony
Full Baths
1
Living Area
280
Land Area
49,833
Land Tenure
FS - Fee Simple
Neighborhood
Waikiki

Property Description

Waikiki's legal short-term rental window is closing. Island Colony remains one of the last buildings on Oahu still zoned to capitalize on it, and this 16th-floor residence sits in the coveted 03 stack on the Diamond Head side, where units run cooler, lanais sit deeper, and the city's noise falls away. Mountain, canal, and skyline views fill the frame. The interior is immaculately renovated—turn-key from day one. Walk in, hand the keys to a manager and start collecting, or run it yourself for added income. The building has been re-piped with new drain lines and fitted with fire sprinklers, eliminating two of the capital expenditures that scare investors off older buildings. Five minutes reaches world-famous Waikiki Beach, the International Market Place, and nightlife found only on Oahu. The 6th-floor amenity deck holds the pool, hot tub, sauna, gym, and BBQ area—everything a guest could want for their island stay. For the investor who has watched Honolulu tighten the rules and wants in before the door fully closes, this is the asset and the Diamond Head side is the side to own.

Additional Information

Island
Oahu
View
Canal, City, Mountain(s), Sunrise
Elementary School
Jefferson
Middle School
Washington
High School
Kaimuki
Lot Size
49,833
Construction Materials
Concrete
Neighborhood
Waikiki
Subdivision
Waikiki
Furnished
Negotiable
Year Built
1979
Building Name
Island Colony
Inclusions
AC Window Unit, Kitchenware, Microwave, Refrigerator
Maintenance Expense
$587
Parking Features
None, On Street
Unit
1603
Style
High Rise
Assessed Total
332400

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Listing courtesy of Real Broker.

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