| Rebate | 20% Buyer's Rebate | $3,500 Flat Fee Selling | 2% Full Service Selling |
|---|---|
| Description | SELLER TO PAY OFF THE $10,000 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 city, Diamond Head, and the ocean 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. Building amenities include a swimming pool, BBQ area, recreation deck, community laundry, 24-hour security, and an on-site minimart. Currently managed by Midway Vacations, this income-producing property includes a legal NUC permit and is approved for short-term rentals (Airbnb-friendly). The unit has existing bookings through April 1, 2026. Possession is subject to the current rental lease. Seller honors all future bookings in place as of the closing date per the existing management agreement. FIRST OPEN HOUSE SUN. DEC 21 FROM 2PM - 5PM. Unit is available from Dec 19 until Dec 24 3PM. Next gap is Jan 1 and 12 from 1PM-3PM |
| Status | Sold since 12-19-2025 |
| MLS# | 202528209 |
| Price | $588,000 |
| Original Price | $588,000 |
| Price Change | (0.00%) |
| Previous Sale | 2817889 · $292,500 · 01-02-2009 |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 1 |
| Living Sq Ft | 534 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $1,312 — includes AC Central, Cable TV, Electricity, Hot Water, Sewer, Water |
| Building | Waikiki Sunset |
| Address | 229 Paoakalani Avenue 810(NUC) Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 3 |
| Year Built | 1979 |
| Year Remodeled | 2023 |
| Condition | Excellent,Above Average |
| View | City, Diamond Head, Ocean |
| Frontage | Other |
| Parking | Covered - 1, Unassigned |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE · See flood zone map · Explain flood zones |
| Elementary | Jefferson |
| Middle | Washington |
| High | Kaimuki |
| Monthly Tax | $515 |
| Assessed Land | $77,300 |
| Assessed Building | $596,500 |
| Assessed Total | $673,800 |
| Assessed Ratio | 87% |
| 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 | None |
| Furnished | Full |
| Land Recorded | Dual Systems |
| Possession | Subject to Rental Lease |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Stories | 21+ |
| Floor Number | 8 |
| Parcel # | 1-2-6-028-011-0032 |
| Listing courtesy of | Midway Realty LLC |
Property History from MLS · Top
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 01-21-2026 | 202528209 | Sold | P | S | $588,000 | $585,000 | $673,800 | $77,300 | $596,500 |
| 01-07-2026 | 202528209 | Pending | C | P | $588,000 | $585,000 | $673,800 | $77,300 | $596,500 |
| 12-22-2025 | 202528209 | Active Under Contract | A | C | $588,000 | $585,000 | $673,800 | $77,300 | $596,500 |
| 12-19-2025 | 202528209 | New Listing | A | $588,000 | $585,000 | $673,800 | $77,300 | $596,500 | |
| 01-05-2009 | 2817889 | Sold | C | S | $328,000 | $292,500 | $314,600 | $105,800 | $208,800 |
| 12-01-2008 | 2817889 | Active Continue to Show | A | C | $328,000 | $292,500 | $314,600 | $105,800 | $208,800 |
| 11-10-2008 | 2817889 | New Listing | A | $328,000 | $292,500 | $314,600 | $105,800 | $208,800 | |
| 09-11-2007 | 2712324 | Withdrawn | A | W | $249,000 | $0 | $341,600 | $105,800 | $235,800 |
| 06-28-2007 | 2712324 | New Listing | A | $249,000 | $0 | $341,600 | $105,800 | $235,800 | |
| 10-08-2003 | 2302355 | Withdrawn | A | W | $175,000 | $0 | $143,800 | $49,800 | $94,000 |
| 07-28-2003 | 2302355 | Price Decrease | $180,000 | $175,000 | $175,000 | $0 | $143,800 | $49,800 | $94,000 |
| 02-21-2003 | 2302355 | New Listing | A | $175,000 | $0 | $143,800 | $49,800 | $94,000 |
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