| Description | SELLER TO PAY OFF THE REMAINING BALANCE OF SPECIAL ASSESSMENT AT CLOSING! Fully furnished 1-bedroom, 1-bath condo in the heart of Waikiki with an unassigned covered parking stall. Enjoy panoramic views of the ocean and Diamond Head, and the city from your private lanai. This move-in-ready unit has been recently updated with new flooring, upgraded furnishings, and a brand-new AC fan coil system installed by the AOAO in October 2024. Features include granite countertops, essential appliances, and a fully equipped kitchen. Currently managed by Midway Vacations, the property is actively generating rental income and includes a legal NUC permit, making it short-term rental ready (Airbnb-friendly). Building amenities include a swimming pool, BBQ area, recreation deck, community laundry, 24-hour security, and an on-site minimart. |
|---|---|
| Status | Sold since 10-20-2025 |
| MLS# | 202518569 |
| Price | $635,000 |
| Original Price | $635,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 534 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,201 |
| Lanai Sq Ft | 67 |
| Building | Waikiki Sunset |
| Address | 229 Paoakalani Avenue 2008(NUC) Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 1 |
| Year Built | 1979 |
| Year Remodeled | 2025 |
| Condition | Excellent,Above Average |
| View | City, Diamond Head, Ocean, Sunset |
| Frontage | Other |
| Parking | Covered - 1, Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Elementary | Jefferson |
| Middle | Washington |
| High | Kaimuki |
| Tax Amount | $529 |
| Assessed Land | $77,300 |
| Assessed Building | $614,300 |
| Assessed Total | $691,600 |
| Assessed Ratio | 92% |
| Inclusions | AC Central, Blinds, Cable TV, Kitchenware, Microwave, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Association Pool, Exercise Room, Fire Sprinkler, Meeting Room, Patio/Deck, Recreation Area, Resident Manager, Security Guard, Trash Chute |
| Construction | Above Ground, Concrete |
| Flooring | Ceramic Tile, Vinyl, W/W Carpet |
| Disclosures | 1031 Exchange, Pets Allowed (Verify) |
| Furnished | Full |
| Land Recorded | Dual Systems |
| Possession | At Closing, Subject to Rental Lease |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Parcel # | 1-2-6-028-011-0184 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 11-22-2025 | 202518569 | Sold | P | S | $635,000 | $630,000 | $691,600 | $77,300 | $614,300 |
| 11-14-2025 | 202518569 | Pending | C | P | $635,000 | $630,000 | $691,600 | $77,300 | $614,300 |
| 10-21-2025 | 202518569 | Active Under Contract | A | C | $635,000 | $630,000 | $691,600 | $77,300 | $614,300 |
| 10-20-2025 | 202518569 | New Listing | A | $635,000 | $630,000 | $691,600 | $77,300 | $614,300 | |
| 11-10-2006 | 2618311 | Withdrawn | A | W | $269,000 | $0 | $310,300 | $49,800 | $260,500 |
| 10-04-2006 | 2618311 | New Listing | A | $269,000 | $0 | $310,300 | $49,800 | $260,500 | |
| 09-16-2006 | 2614628 | Expired | A | X | $279,000 | $0 | $310,300 | $49,800 | $260,500 |
| 08-04-2006 | 2614628 | New Listing | A | $279,000 | $0 | $310,300 | $49,800 | $260,500 | |
| 03-29-2004 | 2400674 | Sold | C | S | $199,000 | $199,000 | $173,600 | $49,800 | $123,800 |
| 02-26-2004 | 2400674 | Active Continue to Show | A | C | $199,000 | $199,000 | $173,600 | $49,800 | $123,800 |
| 02-13-2004 | 2400674 | Back On Market | T | A | $199,000 | $199,000 | $173,600 | $49,800 | $123,800 |
| 02-04-2004 | 2400674 | Temporarily Withdrawn | A | T | $199,000 | $199,000 | $173,600 | $49,800 | $123,800 |
| 01-19-2004 | 2400674 | New Listing | A | $199,000 | $199,000 | $173,600 | $49,800 | $123,800 | |
| 08-15-2000 | 2004275 | Sold | P | S | $164,000 | $148,000 | $161,900 | $49,800 | $112,100 |
| 08-15-2000 | 2004275 | Price Decrease | $164,000 | $148,000 | $164,000 | $148,000 | $161,900 | $49,800 | $112,100 |
| 06-22-2000 | 2004275 | Pending | A | P | $164,000 | $148,000 | $161,900 | $49,800 | $112,100 |
| 06-14-2000 | 2004275 | Price Decrease | $169,000 | $164,000 | $164,000 | $148,000 | $161,900 | $49,800 | $112,100 |
| 05-10-2000 | 2004275 | Price Decrease | $175,000 | $169,000 | $164,000 | $148,000 | $161,900 | $49,800 | $112,100 |
| 05-10-2000 | 2004275 | New Listing | A | $164,000 | $148,000 | $161,900 | $49,800 | $112,100 |
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