Linda McCabe and Erin McCabe with Corcoran Pacific Properties

MLS: 202400739     $460,000
Studio with 1 Bath

MLS: 202400739 Condo For Sale
223 SARATOGA ROAD #812
HONOLULU HI 96815

MLS:  202400739
Status:  ACTIVE
List Price:  $460,000
Price per SQFT:  $826
Square Footage:  557

Studio
1 Bath
Year Built:  2009
Zip Code:  96815

 

Listing Remarks

This is a lovely fully furnished large studio close to Waikiki Beach and has been used only barely as a second/vacation home. It has not been rented for years. Formerly known as the Trump Tower Waikiki, the property has been newly rebranded as "Ka Lai Waikiki Beach," and is part of the LXR Hotels & Resorts, a Hilton Luxury brand, who is upgrading this Five Star property to the next level. The exceptionally low property tax rate is due to the current 'Dedication for Residential Use,' which allows for rental terms of 30+ days. If you rent as a short-term rental (less than 30-day rental terms) then the property tax rate will revert to the higher Hotel/Resort property tax rate. If the Buyer intends to rejoin the hotel rental program, then this unit's complete renovation package is estimated to cost $120-140K. The $1,020.07/mo 'other fees' is the special assessment that ends in December 2025 and pays for the common-area renovation upgrades. ~ Make this your perfect second home, principal residence in paradise, or vacation getaway.

Address: 223 SARATOGA ROAD #812 HONOLULU HI 96815

Listing Courtesy of HAWAII LIVING LLC


Community: TRUMP TOWER WAIKIKI ... Listing 61 of 74
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Condo Mania Agent:
Linda McCabe

Featured Real Estate Agent Linda McCabe

Corcoran Pacific Properties
Realtor, Broker in Charge
Phone: 808-225-1048

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Listing Photos


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Listing Details


AREA:Metro
NEIGHBORHOOD:WAIKIKI
ARCHITECTURAL STYLE:Condotel, High-Rise 7+ Stories
PROPERTY TYPE:Condo/Townhouse
LAND TENURE:FS - Fee Simple
MAINTENANCE EXPENSE:$1,012
BUILDING NAME:Trump Tower Waikiki
AMENITIES:Concierge, Doorman, Exercise Room, Meeting Room, Patio/Deck, Pool on Property, Recreation Area, Restaurant, Sauna, Security Guard, Valet
UNIT FEATURES:Central AC, Full Bath on 1st Floor, Single Level
INCLUSIONS:AC Central, Cable TV, Drapes, Range Hood, Refrigerator
FULL BATHROOMS:1
HALF BATHROOMS:0
VIEW:City
FLOORING:Marble/Granite, W/W Carpet
STORIES TYPE:21+
PARKING FEATURES:None
PARKING TOTAL:0
PROPERTY CONDITION:Excellent
LISTING AGENT:GEORGE KRISCHKE
LISTING OFFICE:HAWAII LIVING LLC
LISTING CONTACT:(808) 943-9000

Estimated Monthly Payments


List Price:$460,000
20% Down Payment:$92,000
Loan Amount:$368,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$2,326

Estimate does not include taxes, fees, insurance.

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Property Location: 223 SARATOGA ROAD #812 HONOLULU HI 96815



Blue Marker: This Listing               Red Marker: Active Listings Nearby

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Condo Mania Agent:
Erin McCabe

Featured Real Estate Agent Erin McCabe

Corcoran Pacific Properties
Real Estate Associate
Phone: 808.485.9955

Contact Us

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright © 2024 by HiCentral MLS, Ltd.

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Last Updated: 2024-04-26