| Description | Discover exceptional value at Palms at Waikiki #206, a rare legal short-term rental offering the size and functionality of many one-bedroom condominiums with approximately 550 sqft. of interior living space. Fully furnished and move-in ready, this spacious studio presents an outstanding opportunity for investors, 2nd home buyers, or those seeking a flexible island retreat or home. A valuable feature seldom found in Waikiki condo-hotels, this unit includes a parking stall and central air conditioning for enhanced comfort and convenience. Ownership is made even easier with maintenance fees that include electricity, central AC, internet, hot water, water, and sewer. Located on the desirable pool level, enjoy unique direct access from your lanai to the swimming pool, BBQ area, and fitness center—creating a seamless resort-style living experience for you and your guests. Situated within the popular Palms at Waikiki condo-hotel, you'll be just moments from Hilton Hawaiian Village, Ala Moana Center, Ala Moana Beach Park, Waikiki beaches, shopping, dining, and entertainment. One of Waikiki's most compelling legal short-term rental opportunities with parking included |
|---|---|
| Status | Active since 06-10-2026 |
| MLS# | 202611214 |
| Price | $510,000 |
| Original Price | $510,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 550 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,367 |
| Lanai Sq Ft | 134 |
| Building | Palms At Waikiki |
| Address | 1850 Ala Moana Boulevard 206 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 109 |
| Year Built | 1970 |
| Condition | Excellent |
| View | City, Diamond Head |
| Parking | Assigned, Covered - 1, Garage, Secured Entry |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone AE |
| Tax Amount | $563 |
| Assessed Land | $114,700 |
| Assessed Building | $300,100 |
| Assessed Total | $414,800 |
| Assessed Ratio | 123% |
| Inclusions | AC Central, Cable TV, Drapes, Microwave, Other |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Doorman, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Resident Manager, Restaurant, Security Guard |
| Construction | Above Ground, Concrete |
| Flooring | Ceramic Tile, W/W Carpet |
| Disclosures | Mixed Use OK, Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Land Court |
| Possession | 45 Days or Less, 45 Days or More, At Closing |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Card, Security Patrol, Video |
| Parcel # | 1-2-6-012-003-0009 |
| Listing courtesy of | Coldwell Banker Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 06-10-2026 | 202611214 | New Listing | A | $510,000 | $0 | $414,800 | $114,700 | $300,100 | |
| 06-05-2026 | 202526411 | Expired | A | X | $510,000 | $0 | $480,200 | $114,700 | $365,500 |
| 02-23-2026 | 202526411 | Back On Market | C | A | $510,000 | $0 | $480,200 | $114,700 | $365,500 |
| 02-09-2026 | 202526411 | Active Under Contract | A | C | $510,000 | $0 | $480,200 | $114,700 | $365,500 |
| 12-05-2025 | 202526411 | New Listing | CS | A | $510,000 | $0 | $480,200 | $114,700 | $365,500 |
| 12-12-2006 | 2604829 | Withdrawn | A | W | $335,000 | $0 | $286,400 | $36,500 | $249,900 |
| 05-12-2006 | 2604829 | Price Decrease | $365,000 | $335,000 | $335,000 | $0 | $286,400 | $36,500 | $249,900 |
| 03-31-2006 | 2604829 | Price Decrease | $415,000 | $365,000 | $335,000 | $0 | $286,400 | $36,500 | $249,900 |
| 03-07-2006 | 2604829 | New Listing | A | $335,000 | $0 | $286,400 | $36,500 | $249,900 |
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