| Description | Experience elevated island living and exceptional investment potential at this beautifully renovated studio in Island Colony, a LEGAL short-term rental in the heart of Waikiki. A full renovation completed in December 2024, this turnkey residence showcases contemporary, tasteful finishes and an oversized private lanai—perfect for relaxing and enjoying the tropical island breeze. Operating as a brand-new vacation rental, this exceptional unit has consistently ranked in the top 1% of listings on its rental platform, making it a premier income-producing opportunity. Island Colony offers an impressive collection of resort-style amenities, including a swimming pool, sauna, fitness center, BBQ area, community laundry, a convenience store, and 24-hour security. Ideally located just moments from world-famous Waikiki beach. Contact the listing agent today to schedule a showing! |
|---|---|
| Status | Contract since 07-30-2026 |
| MLS# | 202614653 |
| Price | $409,000 |
| Original Price | $419,000 |
| Price Change | $-10,000 (-2.39%) |
| Beds / Baths / Half | 0 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 292 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $567 |
| Lanai Sq Ft | 0 |
| Building | Island Colony |
| Address | 445 Seaside Avenue 2904 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 47 |
| Year Built | 1979 |
| Year Remodeled | 2024 |
| Condition | Excellent |
| View | City, Garden, Golf Course, Ocean, Other, Sunset |
| Frontage | Stream/Canal |
| Parking | None |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $394 |
| Assessed Land | $52,800 |
| Assessed Building | $287,300 |
| Assessed Total | $340,100 |
| Assessed Ratio | 120% |
| Inclusions | AC Split, Blinds, Cable TV, Microwave, Refrigerator, Smoke Detector |
| Amenities | BBQ, Community Association Pool, Community Laundry, Exercise Room, Fire Sprinkler, Heated Pool, Patio/Deck, Sauna, Security Guard, Trash Chute |
| Construction | Concrete |
| Flooring | Ceramic Tile, Vinyl |
| Disclosures | Licensed Owner, Listor Owner |
| Furnished | Negotiable |
| Land Recorded | Regular System |
| Possession | 45 Days or Less |
| Sale Conditions | None |
| Building Style | Condotel, High-Rise 7+ Stories |
| Security | Keyed Elevator, Security Patrol, Video |
| Parcel # | 1-2-6-021-026-0429 |
| Listing courtesy of | Fortune Hawaii Realty LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-17-2026 | 202614653 | Active Under Contract | A | C | $409,000 | $0 | $340,100 | $52,800 | $287,300 |
| 08-30-2026 | 202614653 | Price Decrease | $419,000 | $409,000 | $409,000 | $0 | $340,100 | $52,800 | $287,300 |
| 07-31-2026 | 202614653 | New Listing | A | $409,000 | $0 | $340,100 | $52,800 | $287,300 | |
| 11-01-2024 | 202419204 | Sold | C | S | $370,000 | $350,000 | $374,500 | $55,700 | $318,800 |
| 10-03-2024 | 202419204 | Active Under Contract | A | C | $370,000 | $350,000 | $374,500 | $55,700 | $318,800 |
| 09-01-2024 | 202419204 | New Listing | CS | A | $370,000 | $350,000 | $374,500 | $55,700 | $318,800 |
| 09-01-2024 | 202419204 | Coming Soon | CS | $370,000 | $350,000 | $374,500 | $55,700 | $318,800 | |
| 04-11-2019 | 201829831 | Withdrawn | A | W | $265,000 | $0 | $245,800 | $38,100 | $207,700 |
| 03-11-2019 | 201829831 | Price Decrease | $285,000 | $265,000 | $265,000 | $0 | $245,800 | $38,100 | $207,700 |
| 01-29-2019 | 201829831 | Price Decrease | $299,000 | $285,000 | $265,000 | $0 | $245,800 | $38,100 | $207,700 |
| 11-20-2018 | 201829831 | New Listing | A | $265,000 | $0 | $245,800 | $38,100 | $207,700 | |
| 02-05-2008 | 2802281 | New Listing | A | $209,000 | $0 | $233,900 | $37,700 | $196,200 | |
| 05-04-2007 | 2700599 | Sold | C | S | $210,000 | $195,000 | $219,500 | $24,100 | $195,400 |
| 03-21-2007 | 2700599 | Active Continue to Show | A | C | $210,000 | $195,000 | $219,500 | $24,100 | $195,400 |
| 01-09-2007 | 2700599 | Price Decrease | $250,000 | $210,000 | $210,000 | $195,000 | $219,500 | $24,100 | $195,400 |
| 01-04-2007 | 2700599 | New Listing | A | $210,000 | $195,000 | $219,500 | $24,100 | $195,400 | |
| 12-11-2006 | 2617788 | Withdrawn | A | W | $250,000 | $0 | $219,500 | $24,100 | $195,400 |
| 09-25-2006 | 2617788 | New Listing | A | $250,000 | $0 | $219,500 | $24,100 | $195,400 | |
| 03-30-2004 | 2315798 | Back On Market | C | A | $125,000 | $0 | $107,800 | $24,100 | $83,700 |
| 02-04-2004 | 2315798 | Active Continue to Show | P | C | $125,000 | $0 | $107,800 | $24,100 | $83,700 |
| 02-04-2004 | 2315798 | Pending | A | P | $125,000 | $0 | $107,800 | $24,100 | $83,700 |
| 11-25-2003 | 2315798 | New Listing | A | $125,000 | $0 | $107,800 | $24,100 | $83,700 |
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