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$369,000
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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.
Full Property Details
Full Property Details for 2345 Ala Wai Blvd #1516
General
- Price: $369,000
- HOA FEE: $540
- Taxes: $3,031
- Status: Under Contract
- Type: Condo
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202607736
- Updated: 6/30/2026
- Added to Site: 78 day(s) ago
Rental Information
- Complex Features: Barbecue, Deck/Porch, Patio, Pool, Recreation Area, Sauna, Trash Chute
Interior
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Additional Information
- Shared Amenities: Management
- Security/Safety: Security Guard
Parking
- Total Spaces: 1
- Parking Features: Covered, One Space
Location
- Area: Metro
- County: Oahu
- Subdivision: WAIKIKI
- Building Name: Fairway Villa
School Information
- Elementary School: Jefferson
- Middle School: Washington
- High School: Kaimuki
Community
- Assoc. Fees Include: Common Areas, Cable TV, Internet, Sewer, Water
Structural Information
- Architectural Style: High Rise
- Detached/Attached: Detached
- Construction: Other
- Entry Floor Number: 15
- Square Feet: 441
- Living Area: 364 Sq. Ft.
- Year Built: 1975
- Property Condition: Excellent, Good Condition, Updated/Remodeled
Lot Features
- Property View: Canal, City
- Lot Size: 37810
- Zoning: X2 - Apartment Precinct
Water Features
- Water View: Yes
Financial Considerations
- Association Fee: $540
- Other Assoc Fees: $62
- Maint. Fee: $109
- Maint. Fee/Month: $109
- Assessment Amount: $330,200
- Tax Amount: $3,031.08
Disclosures and Reports
- Special Conditions: None
- Land Tenure: Fee Simple
- Inclusions: AC Window Unit, Cable TV, Drapes, Dryer, Microwave, Range/Oven, Smoke Detector, Washer
- Disclosures/Reports: See Remarks
- Disclosures/Rstr.: See Remarks
- Property ID: 1-2-6-021-021-0142
Listed by Coldwell Banker Island Prop
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Schools
Schools serving 2345 Ala Wai Blvd #1516
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
President Thomas Jefferson Elementary School 324 Kapahulu Avenue, Honolulu, HI 96815 | PK-5 | 0.6 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 1.3 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2345 Ala Wai Blvd #1516
Date
Details
Price
Change
Source
4/27/2026
Listed
$369,000
—
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 2345 Ala Wai Blvd #1516
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,031
—
$301,400
-9%
2025
$3,031
118%
$330,200
-4%
2023
$1,392
43%
$345,600
-9%
2022
$971
89%
$380,500
43%
2022
$515
-52%
$265,300
-11%
2021
$1,084
—
$296,700
-5%
2021
$1,084
-12%
$312,400
-7%
2019
$1,227
6%
$335,300
7%
2018
$1,155
9%
$314,800
9%
2017
$1,062
7%
$288,800
7%
2016
$997
4%
$270,400
4%
2015
$960
17%
$260,200
4%
2013
$824
—
$251,400
—
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 2345 Ala Wai Blvd #1516
2345 Ala Wai Boulevard #1516, Honolulu, HI 96815 (MLS# 202607736) is a Condo property with 0 bedrooms and 1 full bathroom. 2345 Ala Wai Boulevard #1516 is currently listed for $369,000 and was received on April 27, 2026. Want to learn more about 2345 Ala Wai Boulevard #1516? 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.

