Metro Condo sold: Waikiki Beach Tower Unit 504, Metro, Hawaii

SOLD
MLS: 202018388
Condo: Waikiki Beach Tower #504

Asking Price: $585,000 Leasehold
Sold Price: $500,000
Sold Date: 10/05/2020
Type: Condominium
District: Metro
Address: 2470 Kalakaua Avenue, Honolulu, HI
Neighborhood: Waikiki
Beds: 2 Baths: 2
Living Area: 1,092 SF
Land Area: 0.55 Acres
View: Coastline,Ocean
Parking: Assigned,Covered - 1
Amenities: BBQ,Concierge,Exercise Room,Meeting Room,Patio/Deck,Pool on Property,Recreation Area,Recreation Room
Days on Market: 1579
Year Built: 1983
Zoning: X6 - Resort Mixed Use Precinct
Land Recorded: Dual Systems
Property Taxes: $1,345
Assessed Value: $1,126,700,.00
Assessed Ratio: 51.92%
Listing Courtesy: Locations LLC

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This is your chance to buy into an amazing building across the street from Waikiki Beach. It's one of the few in Waikiki allowing vacation rentals that also features two bedrooms, two baths, a full kitchen, a washer/dryer, and a parking stall. The lease is long (until 2039), and other units that are fee simple are going for well above $1.5 M. Waikiki Beach Tower is a high-quality building with a deluxe hotel operation on site, and amenities including a beautiful pool overlooking the ocean.

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