Linda McCabe - real estate agent with Corcoran Pacific Properties
Hawaii Condo ManiaMLS: 202023385 $540,000
Studio with 1 Bath2500 KALAKAUA AVENUE #2306
HONOLULU HI 96815MLS: 202023385
Status: ACTIVE
List Price: $540,000
Price per SQFT: $1,224
Square Footage: 441Studio
1 Bath
Year Built: 1962
Zip Code: 96815
Listing Remarks
Their "Seashell" is how Sellers refer to their pied-à-terre, enjoyed as a second home, across Kalakaua Avenue from Waikiki Beach. Its robust 30-day rental boasts consistent revenue, even all through the pandemic. The 2015 remodel reflects a beachy ambiance to mirror its location. A full kitchen, bathroom, owner's closet plus hallway storage outside the studio, offers the possibility of full-time residency; parking can be rented nearby and occasionally purchased. Pet-friendly, too! Foster Tower was the first residential high rise condominium developed in this world renown vacation destination, accessible to everything one needs for a fulfilling island experience. Stroll the historical tour in the lobby where names and places conjure memories of film, sports and music. Sub-metering was completed 1 July 2021; electricity now paid separately, plus HOA fees were lowered. Bike, moped, surfboard storage. 24-hour security. Scores: Walkability 90; transit 70; cycling 78. Sale by way of an IRC 1031 Exchange at no cost to Buyer.
Address: 2500 KALAKAUA AVENUE #2306 HONOLULU HI 96815
Listing Courtesy of HAWAII LIFE
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Listing Details
AREA: Metro NEIGHBORHOOD: WAIKIKI ARCHITECTURAL STYLE: High-Rise 7+ Stories PROPERTY TYPE: Condo/Townhouse LAND TENURE: FS - Fee Simple HOA NAME: Foster Tower AOAO MAINTENANCE EXPENSE: $545 BUILDING NAME: Foster Tower AMENITIES: Community Laundry, Exercise Room, Heated Pool, Meeting Room, Patio/Deck, Resident Manager, Sauna, Security Guard, Storage, Trash Chute UNIT FEATURES: Even# Unit INCLUSIONS: AC Window Unit, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Kitchenware, Linens, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector FULL BATHROOMS: 1 HALF BATHROOMS: 0 VIEW: City, Coastline, Diamond Head, Ocean, Sunset FLOORING: Other STORIES TYPE: One PARKING FEATURES: None, Guest, Secured Entry, Street PARKING TOTAL: 0 PROPERTY CONDITION: Above Average, Excellent
Estimated Monthly Payments
List Price: $540,000 20% Down Payment: $108,000 Loan Amount: $432,000 Loan Type: 30 Year Fixed Interest Rate: 3.5 % Monthly Payment: $1,940 Estimate does not include taxes, fees, insurance.
Property Location: 2500 KALAKAUA AVENUE #2306 HONOLULU HI 96815
This Listing
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Last Updated: 2022-01-24