Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Community: PALMS AT WAIKIKI ... Listing 4 of 19
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MLS: 202601604 $440,000 0 Beds /1 Baths
MLS #: 202601604 Status: ACTIVE List Price: $440,000 Price SQFT: $1,371 City: HONOLULU
Beds: 0 Baths: 1 SqFt: 321 Year: 1970 Zip: 96815
Listing Remarks
Unit 816 at the Palms at Waikiki offers a rare opportunity to own a legal, turnkey short-term rental with strong income history and deeded parking. One of the larger studio layouts in the building, this fully renovated unit is ready for immediate use and can be self-managed or placed into the hotel rental pool. The southeast-facing orientation captures views of Diamond Head, ocean, city Skyline, which consistently appeals to guests and supports strong nightly rates. The unit has a proven performance record, generating approximately $63,000+ in annual gross income with a 4.96-star rating, over 80 reviews, and roughly 90% occupancy. Renovated in 2020 as part of the hotel refresh program, the unit features custom upgrades that set it apart from standard inventory. Owners and guests enjoy access to quaint hotel amenities including a pool, BBQ area, fitness center, laundry facilities, front desk services, bell service, and 24-hour security. Located at the gateway to Waikiki and just blocks from Kahanamoku Beach, shopping, dining, and world-class resorts, this property offers flexibility for continued rental income, personal use, or future resale of a high-demand condotel with parking.
Address: 1850 ALA MOANA BOULEVARD 816 HONOLULU HI 96815
Listing Courtesy of BHGRE REFINED
Listing Photos
Community: PALMS AT WAIKIKI ... Listing 4 of 19
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Last Updated: 2026-01-27
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