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$440,000
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Property Description
Unit 816 at the Palms at Waikiki offers a rare opportunity to own a legal, turnkey short-term rental with strong income history and deeded parking. One of the larger studio layouts in the building, this fully renovated unit is ready for immediate use and can be self-managed or placed into the hotel rental pool. The southeast-facing orientation captures views of Diamond Head, ocean, city Skyline, which consistently appeals to guests and supports strong nightly rates. The unit has a proven performance record, generating approximately $63,000+ in annual gross income with a 4.96-star rating, over 80 reviews, and roughly 90% occupancy. Renovated in 2020 as part of the hotel refresh program, the unit features custom upgrades that set it apart from standard inventory. Owners and guests enjoy access to quaint hotel amenities including a pool, BBQ area, fitness center, laundry facilities, front desk services, bell service, and 24-hour security. Located at the gateway to Waikiki and just blocks from Kahanamoku Beach, shopping, dining, and world-class resorts, this property offers flexibility for continued rental income, personal use, or future resale of a high-demand condotel with parking.
Full Property Details
Full Property Details for 1850 Ala Moana Blvd #816
General
- Price: $440,000
- HOA FEE: $798
- Taxes: $4,764
- Status: Active
- Type: Condo
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202601604
- Updated: 1/26/2026
- Added to Site: 11 day(s) ago
Rental Information
- Complex Features: Barbecue, Community Pool, Deck/Porch, Fitness, Patio, Condo Hotel Community
Interior
- Interior Features: Bedroom on Main Level, Full Bath on Main Level, Handicap Access
- Furnishings: Partially
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Additional Information
- Security/Safety: Fire Sprinkler System
Parking
- Total Spaces: 1
- Parking Features: Assigned, Covered, One Space, Secured
Location
- Area: Metro
- County: Oahu
- Subdivision: WAIKIKI
- Building Name: Palms At Waikiki
Community
- Assoc. Fees Include: Common Areas, Cable TV, Electricity, HVAC, Hot Water, Internet, Sewer, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Structural Information
- Detached/Attached: Detached
- Construction: Concrete
- Entry Floor Number: 8
- Square Feet: 363
- Living Area: 321 Sq. Ft.
- Year Built: 1970
- Property Condition: Excellent, Good Condition
Lot Features
- Property View: City, Mountain(s), Ocean
- Mountain views: Yes
- Zoning: AM - Apartment Mixed Use
Financial Considerations
- Maint. Fee: $798
- Maint. Fee/Month: $798
- Assessment Amount: $415,300
- Tax Amount: $4,764
Disclosures and Reports
- Special Conditions: None
- Inclusions: AC Central, Blinds, Kitchenware, Linens, Refrigerator, Smoke Detector
- Disclosures/Reports: Seller Disclosure
- Disclosures/Rstr.: Seller Disclosure
- Property ID: 1-2-6-012-003-0170
Listed by BHGRE Refined
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Schools
Schools serving 1850 Ala Moana Blvd #816
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
President Thomas Jefferson Elementary School 324 Kapahulu Avenue, Honolulu, HI 96815 | PK-5 | 1.4 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 0.7 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1850 Ala Moana Blvd #816
Date
Details
Price
Change
Source
1/26/2026
Listed
$440,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1850 Ala Moana Blvd #816
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,609
18%
$415,300
4%
2023
$4,767
8%
$398,700
18%
2022
$4,411
—
$339,100
8%
2022
$4,411
-1%
$313,700
-1%
2021
$4,448
—
$316,500
5%
2021
$4,448
6%
$302,600
1%
2019
$4,192
12%
$298,200
4%
2018
$3,743
3%
$286,400
3%
2017
$3,626
7%
$277,300
7%
2016
$3,392
6%
$259,200
6%
2015
$3,196
27%
$244,100
6%
2013
$2,526
—
$230,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1850 Ala Moana Blvd #816
1850 Ala Moana Boulevard #816, Honolulu, HI 96815 (MLS# 202601604) is a Condo property with 0 bedrooms and 1 full bathroom. 1850 Ala Moana Boulevard #816 is currently listed for $440,000 and was received on January 26, 2026. Want to learn more about 1850 Ala Moana Boulevard #816? Do you have questions about finding other Condo real estate for sale in Waikiki? You can browse all Waikiki real estate or contact a Coldwell Banker agent to request more information.

