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SOLD
MLS: 202023385
Condo: Foster Tower #2306
 
Asking Price: $540,000 FS - Fee Simple
Sold Price: $502,000
Sold Date: 04/14/2022
Type: Condominium
District: Metro
Address: 2500 Kalakaua Avenue, Honolulu, HI
Neighborhood: Waikiki
Beds: 0   Baths: 1
Living Area: 441 SF
Land Area: 0.91 Acres
View: City,Coastline,Diamond Head,Ocean,Sunset
Parking: None,Guest,Secured Entry,Street
Amenities: Community Laundry,Exercise Room,Heated Pool,Meeting Room,Patio/Deck,Resident Manager,Sauna,Security
Days on Market: 1612
(The Price of the property was lowered by $25,000 on 09/01/2021)
Year Built: 1962
Zoning: X6 - Resort Mixed Use Precinct
Land Recorded: Land Court
Property Taxes: $145
Assessed Value: $535,100,.00
Assessed Ratio: 100.92%
Listing Courtesy: Hawaii Life
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Their "Seashell" is how Sellers refer to their pied-à-terre, enjoyed as a second home, across Kalakaua Avenue from Waikiki Beach. Its robust 30-day rental boasts consistent revenue, even all through the pandemic. The 2015 remodel reflects a beachy ambiance to mirror its location. A full kitchen, bathroom, owner's closet plus hallway storage outside the studio, offers the possibility of full-time residency; parking can be rented nearby and occasionally purchased. Pet-friendly, too! Foster Tower was the first residential high rise condominium developed in this world renown vacation destination, accessible to everything one needs for a fulfilling island experience. Stroll the historical tour in the lobby where names and places conjure memories of film, sports and music. Sub-metering was completed 1 July 2021; electricity now paid separately, plus HOA fees were lowered. Bike, moped, surfboard storage. 24-hour security. Scores: Walkability 90; transit 70; cycling 78. Sale by way of an IRC 1031 Exchange at no cost to Buyer.


 
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