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SOLD
MLS: 202402833
Condo: Waikiki Banyan #3410-2 (Ocean Views)
 
Asking Price: $898,888 FS - Fee Simple
Sold Price: $888,888
Sold Date: 02/21/2024
Type: Condominium
District: Metro
Address: 201 Ohua Avenue, Honolulu, HI
Neighborhood: Waikiki
Beds: 1   Baths: 1
Living Area: 533 SF
Land Area: 2.29 Acres
View: City,Ocean
Parking: Garage,Unassigned
Amenities: BBQ,Community Laundry,Fire Sprinkler,Patio/Deck,Playground,Pool on Property,Recreation Area,Restaura
Days on Market: 294
Year Built: 1977
Zoning: X2 - Apartment Precinct
Land Recorded: Dual Systems
Property Taxes: $188,.74
Assessed Value: $769,400,.00
Assessed Ratio: 116.83%
Listing Courtesy: Coldwell Banker Realty
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Nestled in Waikiki, the Banyan offers luxury living with ocean views, modern interiors, and a secure, well-managed setup. This vacation rental has performed with prime short-term returns, making it an ideal investment. Steps from Waikiki Beach, it balances serenity with vibrant city life. Meticulously designed units maximize ocean panoramas on the 34th floor, ensuring a seamless indoor-outdoor experience. With elegant interiors blending soon-to-be modern amenities and Hawaiian charm, the Banyan offers comfort and relaxation. The property, managed by dedicated professionals (Midway Realty), boasts advanced security and maintenance services, ensuring a stable investment. Ideal for investors, the Banyan attracts vacationers with its prime location, stunning views, deeded parking stall, and the ability to create nearly $2 million in revenue (Parking Structure) to help fund large projects and keep the maintenance fees reasonable ensuring consistent returns. In the heart of Waikiki, the Banyan is a symbol of island living, inviting investors and seekers of dream getaways to experience the best of Waikiki's vibrant lifestyle. MFs include all utilities like electricity and internet.


 
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