| Description | Welcome to Island Colony #701, a remodeled 1-bedroom, 1-bathroom residence on the 7th floor in the heart of Waikiki. This 563 sq ft unit is currently operating as a short-term rental, offering a turnkey investment opportunity in one of Waikiki's most active rental markets. Island Colony offers full building amenities including an on-site breakfast restaurant, market, swimming pool, jacuzzi, BBQ area, laundry facilities, ice machine, and sauna — all just steps from Waikiki Beach, dining, and shopping. An excellent opportunity for an investor to step into an established, income-producing STR. |
|---|---|
| Status | Active since 08-18-2026 |
| MLS# | 202615705 |
| Price | $530,000 |
| Original Price | $545,000 |
| Price Change | $-15,000 (-2.75%) |
| Beds / Baths / Half | 1 / 1 / 0 |
| Parking Spaces | 0 |
| Living Sq Ft | 563 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $861 |
| Lanai Sq Ft | 106 |
| Building | Island Colony |
| Address | 445 Seaside Avenue 701 Honolulu HI 96815 |
| Region | Metro |
| Neighborhood | Waikiki |
| Days on Market | 41 |
| Year Built | 1979 |
| Condition | Above Average |
| View | City, Marina/Canal |
| Frontage | Stream/Canal |
| Parking | None |
| Zoning | X2 - Apartment Precinct |
| Flood Zone | Zone AE |
| Tax Amount | $465 |
| Assessed Land | $85,200 |
| Assessed Building | $310,500 |
| Assessed Total | $395,700 |
| Assessed Ratio | 134% |
| Inclusions | Range/Oven, Refrigerator |
| Amenities | BBQ, Community Laundry, Condo Association Pool, Exercise Room, Fire Sprinkler, Meeting Room, Other, Patio/Deck, Pool on Property, Recreation Area, Recreation Room, Resident Manager, Restaurant, Sauna, Security Guard, Trash Chute, Whirlpool |
| Construction | Concrete |
| Flooring | Laminate, Vinyl |
| Disclosures | Property Disclosure Stmt |
| Land Recorded | Dual Systems |
| Possession | At Closing |
| Sale Conditions | None |
| Building Style | High-Rise 7+ Stories |
| Security | Key, Keyed Elevator, Security Patrol, Video |
| Parcel # | 1-2-6-021-026-0006 |
| Listing courtesy of | Five Star Realty, Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-24-2026 | 202615705 | Price Decrease | $545,000 | $530,000 | $530,000 | $0 | $395,700 | $85,200 | $310,500 |
| 08-18-2026 | 202615705 | New Listing | CS | A | $530,000 | $0 | $395,700 | $85,200 | $310,500 |
| 05-25-2021 | 202102280 | Sold | C | S | $320,000 | $320,000 | $343,600 | $85,200 | $258,400 |
| 04-14-2021 | 202102280 | In Escrow Showing | A | C | $320,000 | $320,000 | $343,600 | $85,200 | $258,400 |
| 02-17-2021 | 202102280 | Price Increase | $310,000 | $320,000 | $320,000 | $320,000 | $343,600 | $85,200 | $258,400 |
| 02-02-2021 | 202102280 | New Listing | A | $320,000 | $320,000 | $343,600 | $85,200 | $258,400 | |
| 09-16-2020 | 201926621 | Expired | A | X | $4,800,000 | $0 | $5,280,000 | $992,800 | $4,287,200 |
| 09-19-2019 | 201926621 | New Listing | A | $4,800,000 | $0 | $5,280,000 | $992,800 | $4,287,200 | |
| 09-01-2019 | 201822531 | Expired | A | X | $4,800,000 | $0 | $5,298,600 | $860,200 | $4,438,400 |
| 02-27-2019 | 201822531 | Price Decrease | $5,000,000 | $4,800,000 | $4,800,000 | $0 | $5,298,600 | $860,200 | $4,438,400 |
| 09-05-2018 | 201822531 | New Listing | A | $4,800,000 | $0 | $5,298,600 | $860,200 | $4,438,400 | |
| 07-02-2012 | 1109313 | Sold | P | S | $3,200,000 | $2,950,000 | $242,700 | $23,700 | $219,000 |
| 04-11-2012 | 1109313 | Pending | C | P | $3,200,000 | $2,950,000 | $242,700 | $23,700 | $219,000 |
| 02-15-2012 | 1109313 | Active Continue to Show | A | C | $3,200,000 | $2,950,000 | $242,700 | $23,700 | $219,000 |
| 07-29-2011 | 1109313 | New Listing | A | $3,200,000 | $2,950,000 | $242,700 | $23,700 | $219,000 | |
| 07-27-2011 | 1010440 | Expired | A | X | $3,200,000 | $0 | $242,700 | $23,700 | $219,000 |
| 02-24-2011 | 1010440 | Price Increase | $250,000 | $3,200,000 | $3,200,000 | $0 | $242,700 | $23,700 | $219,000 |
| 08-09-2010 | 1010440 | New Listing | A | $3,200,000 | $0 | $242,700 | $23,700 | $219,000 |
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