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$685,000
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Property Description
Legal Short-Term Rental with NUC in Waikiki Sunset!This beautifully furnished 1-bedroom, 1-bath unit offers legal short-term rental use with a Non-Conforming Use Certificate (NUC) - a rare and valuable opportunity in Waikiki! Enjoy cool tradewinds and ocean views, especially stunning with the city lights at night. Brand New Vinyl flooring in 2026 and a spacious layout, this unit is move-in ready - perfect for personal use, vacationing, or investment. Conveniently located near world-famous Waikiki Beach, Kapiolani Park, shops, restaurants, and more. The building offers resort-style amenities including a pool, BBQ area, exercise room, community laundry, and 24-hour security. Monthly Maintenance Fee: $863.05, which includes electricity, water, hot water, cable TV, central A/C, sewer, and common area expenses. Special Assessment: $256.51/month through December 2028 (starting January 2025).Unit comes with 1 unassigned parking stall. Don't miss this opportunity to own a legal vacation rental in the heart of Waikiki!
Full Property Details
Full Property Details for 229 Paoakalani Ave #902 (NUC)
General
- Price: $685,000
- HOA FEE: $864
- Taxes: $6,199
- Status: Active
- Type: Condo
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202516858
- Updated: 1/8/2026
- Added to Site: 167 day(s) ago
Rental Information
- Complex Features: Barbecue, Clubhouse, Community Pool, Sauna, Tennis Court(s)
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Tennis: Yes
- Security/Safety: Key Card Entry
Parking
- Total Spaces: 1
- Parking Features: Unassigned
Location
- Area: Metro
- County: Oahu
- Subdivision: WAIKIKI
- Building Name: Waikiki Sunset
School Information
- Elementary School: Jefferson
- Middle School: Washington
- High School: Kaimuki
Community
- Assoc. Fees Include: Common Areas, Cable TV, Electricity, HVAC, Sewer, Water
Structural Information
- Architectural Style: High Rise
- Detached/Attached: Detached
- Construction: Masonry, Stucco
- Common Walls: End Unit
- Entry Floor Number: 9
- Square Feet: 601
- Living Area: 534 Sq. Ft.
- Year Built: 1979
- Property Condition: Excellent, Good Condition
Lot Features
- Property View: City, Ocean
- Lot Size: 49963
- Zoning: X2 - Apartment Precinct
Financial Considerations
- Other Assoc Fees: $257
- Maint. Fee: $864
- Maint. Fee/Month: $864
- Assessment Amount: $675,400
- Tax Amount: $6,199.8
Disclosures and Reports
- Special Conditions: None
- Inclusions: AC Central, Drapes, Microwave Hood, Range/Oven, Refrigerator
- Disclosures/Reports: 1031 Exchange, Seller Disclosure
- Disclosures/Rstr.: 1031 Exchange, Seller Disclosure
- Property ID: 1-2-6-028-011-0038
Listed by Locations LLC
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Schools
Schools serving 229 Paoakalani Ave #902 (NUC)
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
President Thomas Jefferson Elementary School 324 Kapahulu Avenue, Honolulu, HI 96815 | PK-5 | 0.1 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 1.7 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 0.8 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 229 Paoakalani Ave #902 (NUC)
Date
Details
Price
Change
Source
8/04/2025
Listed
$685,000
10.48%
MLS
10/21/2022
Sold
$620,000
—
Public Record
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 229 Paoakalani Ave #902 (NUC)
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,738
173%
$675,400
8%
2023
$2,105
16%
$625,900
9%
2022
$1,821
—
$575,400
16%
2022
$1,821
3%
$497,300
3%
2021
$1,772
—
$485,100
-6%
2021
$1,772
7%
$515,900
14%
2018
$1,662
25%
$452,900
26%
2017
$1,327
-10%
$360,800
-10%
2016
$1,478
-6%
$400,900
-6%
2015
$1,567
-16%
$424,400
-17%
2019
$1,874
-54%
$512,200
31%
2013
$4,078
—
$391,100
—
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 229 Paoakalani Ave #902 (NUC)
229 Paoakalani Avenue #902 (NUC), Honolulu, HI 96815 (MLS# 202516858) is a Condo property with 1 bedroom and 1 full bathroom. 229 Paoakalani Avenue #902 (NUC) is currently listed for $685,000 and was received on August 04, 2025. Want to learn more about 229 Paoakalani Avenue #902 (NUC)? Do you have questions about finding other Condo real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

