| Description | Waikiki Banyan #1506 in the Makai Tower offers an excellent value opportunity for investors, second-home buyers, or primary residents alike. This unit enjoys pleasant mountain and ocean views and features several improvements that make it rental-ready, while still offering the chance to refresh and add your personal touch. Included is one parking stall—an exceptional benefit in Waikiki, as not many LEGAL Short-Term Rentals offer parking with the purchase. The building is well-managed and financially sound, providing added confidence for long-term ownership. Notable recent upgrades include repiping of sewer lines, ongoing recreation deck renovations, and modernized elevators. Ideally located just minutes from Waikiki Beach, shopping, dining, and entertainment, this residence delivers convenience, flexibility, and strong value in one of Honolulu’s most popular resort communities. No Becker Lease and 100% fee simple. |
|---|---|
| Status | Sold since 12-03-2025 |
| MLS# | 202526406 |
| Price | $678,000 |
| Original Price | $678,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 582 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $902 |
| Lanai Sq Ft | 67 |
| Building | Waikiki Banyan |
| Address | 201 Ohua Avenue 1506/Makai Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 3 |
| Year Built | 1977 |
| Condition | Above Average,Average |
| View | City, Golf Course, Marina/Canal, Mountain, Ocean |
| Parking | Covered - 1, Garage, Secured Entry, Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $218 |
| Assessed Land | $106,600 |
| Assessed Building | $640,700 |
| Assessed Total | $747,300 |
| Assessed Ratio | 91% |
| Inclusions | AC Window Unit, Disposal, Drapes, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Fire Sprinkler, Other, Patio/Deck, Playground, Pool on Property, Recreation Area, Restaurant, Sauna, Security Guard, Tennis Court, Trash Chute, Whirlpool |
| Construction | Above Ground, Concrete |
| Flooring | Laminate |
| Disclosures | Mixed Use OK, Pets Allowed (Verify), Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Dual Systems |
| Possession | 45 Days or Less, 45 Days or More, At Closing |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Security Patrol, Video |
| Parcel # | 1-2-6-025-005-0114 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 12-30-2025 | 202526406 | Sold | C | S | $678,000 | $678,000 | $747,300 | $106,600 | $640,700 |
| 12-06-2025 | 202526406 | Active Under Contract | A | C | $678,000 | $678,000 | $747,300 | $106,600 | $640,700 |
| 12-03-2025 | 202526406 | New Listing | CS | A | $678,000 | $678,000 | $747,300 | $106,600 | $640,700 |
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