2345 Ala Wai Boulevard Unit 1516, Oahu, HI 96815

$369,000
1
BA
364
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$369,000
Days on Market
91
MLS#
202607736
Status
ACTIVE UNDER CONTRACT
Type
Condo
Building
Fairway Villa
Full Baths
1
Living Area
364
Land Area
37,810
Land Tenure
FS - Fee Simple
Neighborhood
Waikiki

Property Description

An exceptional and rare legal short-term rental (with NUC Certificate) in the highly sought-after Fairway Villa in the center of Waikiki. This turn-key studio on the 15th floor offers the perfect blend of lifestyle and income potential. Ideally located just minutes from Waikiki Beach, International Market Place, dining, and shopping, this unit features a bright, open layout with floor-to-ceiling sliding doors leading to a private lanai for relaxing and enjoying the island breeze. Fairway Villa is a secure building with resort-style amenities, including a rooftop pool with panoramic ocean views, sauna, BBQ area, and 24-hour security. Ideal for investors, with strong income potential and attractive cap rate. Legal short-term rental with active reservations in place, offering immediate income potential. Property is currently professionally managed, and sale is subject to existing bookings. Showings by appointment only, based on availability.

Additional Information

Island
Oahu
Monthly Maint Fee
$540
View
Canal, City
Elementary School
Jefferson
Middle School
Washington
High School
Kaimuki
Lot Size
37,810
Construction Materials
Other
Neighborhood
Waikiki
Subdivision
Waikiki
Frontage
Other
Furnished
Furnished
Year Built
1975
Building Name
Fairway Villa
Inclusions
AC Window Unit, Cable TV, Drapes, Dryer, Microwave, Range/Oven, Smoke Detector, Washer
Total Monthly Fees $
711
Maintenance Expense
$109
Annual Property Tax
$3,031
Parking Features
Covered, One Space
Unit
1516
Amenities
Management
Style
High Rise
Assessed Total
330200

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Island Prop.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact: