Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202607736 $369,000
Studio with 1 Bath2345 ALA WAI BOULEVARD 1516
HONOLULU HI 96815MLS: 202607736
Status: ACTIVE
List Price: $369,000
Price per SQFT: $1,014
Square Footage: 364Studio
1 Bath
Year Built: 1975
Zip Code: 96815
Listing Remarks
An exceptional and rare legal short-term rental 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.
Address: 2345 ALA WAI BOULEVARD 1516 HONOLULU HI 96815
Listing Courtesy of COLDWELL BANKER ISLAND PROP
Community: FAIRWAY VILLA ... Listing 3 of 7
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Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2026-04-27 BEDROOMS: 0 BATHROOMS FULL: 1 BATHROOMS HALF: 0 LIVING AREA SQ FT: 364 BUILDING AREA TOTAL: 441 YEAR BUILT: 1975 TAXES: $3,031 HOA FEES: $540 HOA INCLUDES: CommonAreas, CableTv, Internet, Sewer, Water HOA AMENITIES: Management ARCHITECTURAL STYLE: HighRise BUILDING NAME: Fairway Villa CONSTRUCTION: Other COMMUNITY FEATURES: Barbecue, DeckPorch, Patio, Pool, RecreationArea, Sauna, TrashChute FLOORING: Laminate FURNISHED: Furnished PARKING FEATURES: Covered, OneSpace PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium VIEW: Canal, City LISTING AGENT: RUDDY LI LISTING OFFICE: COLDWELL BANKER ISLAND PROP
Estimated Monthly Payments
List Price: $369,000 20% Down Payment: $73,800 Loan Amount: $295,200 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,866 Estimate does not include taxes, fees, insurance.
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Property Location: 2345 ALA WAI BOULEVARD 1516 HONOLULU HI 96815
This Listing
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Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
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Community: FAIRWAY VILLA ... Listing 3 of 7
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Last Updated: 2026-04-28