| Rebate | 20% Buyer's Rebate | $3,500 Flat Fee Selling | 2% Full Service Selling |
|---|---|
| Description | An exceptional opportunity to own a fully furnished, turnkey vacation rental in the highly desirable Waikiki Sunset! Situated on the 25th floor, Unit 2506 offers stunning views of the Pacific Ocean, iconic Diamond Head, and the vibrant Waikiki skyline. Beautifully appointed and thoughtfully upgraded, this residence features a renovated bedroom with the popular two-queen-bed layout and a beautiful lanai with outdoor dining. Complete with a valuable Nonconforming Use Certificate (NUC) in good standing, this property is legally permitted for daily short-term rentals, offering the flexibility to generate rental income while you're away and enjoy your own Hawaiian getaway whenever you visit. Currently recognized as a "Guest Favorite" on Airbnb, this residence is fully equipped, rental-ready. Waikiki Sunset offers resort-style amenities, including a swimming pool, fitness center, BBQ area, laundry facilities on every floor, and 24-hour security. Perfectly situated just moments from world-famous Waikiki Beach, shopping, dining, and entertainment. A wonderful opportunity to own a beautifully maintained, income-producing vacation condominium in one of Waikiki's most sought-after locations! |
| Status | Active since 10-08-2026 |
| MLS# | 202619013 |
| Price | $675,000 |
| Original Price | $675,000 |
| Price Change | (0.00%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 543 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,312 |
| Building | Waikiki Sunset |
| Address | 229 Paoakalani Avenue 2506-(NUC) Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 10 |
| Year Built | 1979 |
| Year Remodeled | 2025 |
| Condition | Excellent |
| View | City, Coastline, Diamond Head, Ocean, Sunset |
| Frontage | Other |
| Parking | Covered - 1, Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $514 |
| Assessed Land | $84,200 |
| Assessed Building | $601,500 |
| Assessed Total | $685,700 |
| Assessed Ratio | 98% |
| Inclusions | AC Central, Blinds, Cable TV, Disposal, Drapes, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Association Pool, Community Laundry, Exercise Room, Recreation Area, Resident Manager, Security Guard, Trash Chute |
| Construction | Concrete |
| Flooring | Other, W/W Carpet |
| Disclosures | Property Disclosure Stmt |
| Furnished | Full |
| Land Recorded | Dual Systems |
| Possession | 45 Days or Less, At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Security Patrol |
| Parcel # | 1-2-6-028-011-0252 |
| Listing courtesy of | VYBE Hawaii |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 10-08-2026 | 202619013 | New Listing | A | $675,000 | $0 | $685,700 | $84,200 | $601,500 | |
| 02-05-2024 | 202328406 | Sold | P | S | $640,000 | $660,000 | $503,100 | $84,200 | $418,900 |
| 02-02-2024 | 202328406 | Pending | C | P | $640,000 | $660,000 | $503,100 | $84,200 | $418,900 |
| 01-08-2024 | 202328406 | Active Under Contract | A | C | $640,000 | $660,000 | $503,100 | $84,200 | $418,900 |
| 01-02-2024 | 202328406 | New Listing | A | $640,000 | $660,000 | $503,100 | $84,200 | $418,900 | |
| 05-10-2023 | 202303814 | Cancelled | A | W | $650,000 | $0 | $503,100 | $84,200 | $418,900 |
| 03-28-2023 | 202303814 | New Listing | A | $650,000 | $0 | $503,100 | $84,200 | $418,900 |
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