| Description | SELLER PAYS OFF THE SPECIAL ASSESSMENT FEE of $10K AT CLOSING! Experience the best of island living in this fully furnished Waikiki condo—a spacious 1-bedroom, 1-bath unit with an unassigned covered parking stall. Enjoy sweeping views of the city, Diamond Head, and the ocean from your own private retreat. This move-in-ready condo was recently refreshed with new flooring, upgraded furnishings, and a brand-new AC fan coil system, which was replaced by the AOAO WS building in October 2024. Perfect as a primary residence, vacation getaway, or investment property, it comes complete with granite countertops, essential appliances, and a fully stocked kitchen. Currently managed by Midway Vacations, the unit is actively generating income and includes a legal NUC permit, making it Airbnb-friendly and rental-ready. The building offers great amenities—pool, BBQ area, recreation space, community laundry, 24/7 security, and an on-site minimart. Showings are subject to availability and require a 48-hour advanced notice. |
|---|---|
| Status | Sold since 08-22-2025 |
| MLS# | 202518581 |
| Price | $595,000 |
| Original Price | $618,000 |
| Price Change | $-23,000 (-3.72%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 543 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,201 |
| Building | Waikiki Sunset |
| Address | 229 Paoakalani Avenue 1206 (NUC) Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 51 |
| Year Built | 1979 |
| Year Remodeled | 2025 |
| Condition | Excellent |
| View | City, Diamond Head, Ocean |
| Frontage | Other |
| Parking | Covered - 1, Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Elementary | Jefferson |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $507 |
| Assessed Land | $84,200 |
| Assessed Building | $579,000 |
| Assessed Total | $663,200 |
| Assessed Ratio | 90% |
| Inclusions | AC Central, AC Window Unit, Blinds, Cable TV, Kitchenware, Microwave, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Association Pool, Community Laundry, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Recreation Area, Resident Manager, Security Guard, Trash Chute |
| Construction | Concrete |
| Flooring | Ceramic Tile, Vinyl, W/W Carpet |
| Disclosures | 1031 Exchange, Pets Allowed (Verify) |
| Furnished | Full |
| Land Recorded | Land Court |
| Possession | At Closing, Subject to Rental Lease |
| Sale Conditions | None |
| Building Style | Condotel |
| Parcel # | 1-2-6-028-011-0084 |
| Listing courtesy of | Midway Realty LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 11-12-2025 | 202518581 | Sold | P | S | $595,000 | $595,000 | $663,200 | $84,200 | $579,000 |
| 10-29-2025 | 202518581 | Pending | C | P | $595,000 | $595,000 | $663,200 | $84,200 | $579,000 |
| 10-23-2025 | 202518581 | Active Under Contract | X | C | $595,000 | $595,000 | $663,200 | $84,200 | $579,000 |
| 10-23-2025 | 202518581 | Expired | C | X | $595,000 | $595,000 | $663,200 | $84,200 | $579,000 |
| 10-12-2025 | 202518581 | Active Under Contract | A | C | $595,000 | $595,000 | $663,200 | $84,200 | $579,000 |
| 10-09-2025 | 202518581 | Price Decrease | $618,000 | $595,000 | $595,000 | $595,000 | $663,200 | $84,200 | $579,000 |
| 08-22-2025 | 202518581 | New Listing | A | $595,000 | $595,000 | $663,200 | $84,200 | $579,000 | |
| 07-04-2006 | 2611076 | Withdrawn | A | W | $269,000 | $0 | $303,700 | $54,200 | $249,500 |
| 06-11-2006 | 2611076 | New Listing | A | $269,000 | $0 | $303,700 | $54,200 | $249,500 | |
| 05-11-2004 | 2402482 | Sold | C | S | $190,000 | $190,000 | $175,000 | $54,200 | $120,800 |
| 03-17-2004 | 2402482 | Active Continue to Show | A | C | $190,000 | $190,000 | $175,000 | $54,200 | $120,800 |
| 02-26-2004 | 2402482 | New Listing | A | $190,000 | $190,000 | $175,000 | $54,200 | $120,800 |
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