| Description | Experience effortless island living in this 6th-floor studio at Palms at Waikiki. Thoughtfully maintained and offered fully furnished, this residence is ready for immediate use as a personal retreat or investment property. As one of the few Waikiki properties allowing legal short-term rentals, Palms at Waikiki remains highly sought after for its versatility and prime location. Enjoy close proximity to Waikiki Beach, Ala Moana, dining, and entertainment - all while owning in a well-established, income-producing building. An exceptional opportunity to secure a flexible property in the heart of Honolulu. |
|---|---|
| Status | Active since 02-18-2026 |
| MLS# | 202604074 |
| Price | $248,000 |
| Original Price | $257,000 |
| Price Change | $-9,000 (-3.50%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 298 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $741 |
| Lanai Sq Ft | 46 |
| Building | Palms At Waikiki |
| Address | 1850 Ala Moana Boulevard 601 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 221 |
| Year Built | 1970 |
| Condition | Average |
| View | City, Mountain |
| Parking | Guest, Secured Entry |
| Zoning | AM - Apartment Mixed Use |
| Flood Zone | Zone AE |
| Tax Amount | $412 |
| Assessed Land | $62,200 |
| Assessed Building | $217,000 |
| Assessed Total | $279,200 |
| Assessed Ratio | 89% |
| Inclusions | AC Central, Disposal, Drapes, Microwave, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Association Pool, Community Laundry, Exercise Room, Fire Sprinkler, Patio/Deck, Resident Manager, Trash Chute |
| Construction | Concrete |
| Flooring | Vinyl |
| Disclosures | None |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Parcel # | 1-2-6-012-003-0105 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 05-05-2026 | 202604074 | Price Decrease | $257,000 | $248,000 | $248,000 | $0 | $279,200 | $62,200 | $217,000 |
| 02-19-2026 | 202604074 | New Listing | A | $248,000 | $0 | $279,200 | $62,200 | $217,000 | |
| 03-05-2014 | 201327522 | Sold | P | S | $185,000 | $180,000 | $175,700 | $18,100 | $157,600 |
| 03-01-2014 | 201327522 | Pending | C | P | $185,000 | $180,000 | $175,700 | $18,100 | $157,600 |
| 01-23-2014 | 201327522 | Active Continue to Show | A | C | $185,000 | $180,000 | $175,700 | $18,100 | $157,600 |
| 09-08-2013 | 201327522 | Price Increase | $175,000 | $185,000 | $185,000 | $180,000 | $175,700 | $18,100 | $157,600 |
| 09-08-2013 | 201327522 | Back On Market | T | A | $185,000 | $180,000 | $175,700 | $18,100 | $157,600 |
| 08-26-2013 | 201327522 | Temporarily Withdrawn | A | T | $185,000 | $180,000 | $175,700 | $18,100 | $157,600 |
| 07-25-2013 | 201327522 | Price Decrease | $182,000 | $175,000 | $185,000 | $180,000 | $175,700 | $18,100 | $157,600 |
| 06-26-2013 | 201327522 | New Listing | A | $185,000 | $180,000 | $175,700 | $18,100 | $157,600 | |
| 07-09-2010 | 1000946 | Sold | P | S | $159,000 | $149,000 | $199,700 | $18,000 | $181,700 |
| 07-08-2010 | 1000946 | Pending | C | P | $159,000 | $149,000 | $199,700 | $18,000 | $181,700 |
| 04-15-2010 | 1000946 | Active Continue to Show | A | C | $159,000 | $149,000 | $199,700 | $18,000 | $181,700 |
| 03-14-2010 | 1000946 | Price Decrease | $169,000 | $159,000 | $159,000 | $149,000 | $199,700 | $18,000 | $181,700 |
| 01-21-2010 | 1000946 | New Listing | A | $159,000 | $149,000 | $199,700 | $18,000 | $181,700 | |
| 12-09-2009 | 2912205 | Withdrawn | A | W | $169,000 | $0 | $210,900 | $18,000 | $192,900 |
| 09-14-2009 | 2912205 | New Listing | A | $169,000 | $0 | $210,900 | $18,000 | $192,900 | |
| 04-09-2008 | 2715205 | Withdrawn | A | W | $239,000 | $0 | $210,600 | $18,000 | $192,600 |
| 08-15-2007 | 2715205 | New Listing | A | $239,000 | $0 | $210,600 | $18,000 | $192,600 | |
| 12-09-2005 | 2521405 | New Listing | A | $219,000 | $219,000 | $0 | $0 | $0 | |
| 12-09-2005 | 2521405 | Sold | A | S | $219,000 | $219,000 | $0 | $0 | $0 |
| 07-29-2005 | 2509339 | Withdrawn | A | W | $194,000 | $0 | $0 | $0 | $0 |
| 06-15-2005 | 2509339 | New Listing | A | $194,000 | $0 | $0 | $0 | $0 |
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