- – beds
- 1 bath
- 302 sqft
- $1,208 per sqft
- 1979 build
- – on site
Discover an exceptional opportunity at Island Colony, a premier condo-hotel in the heart of Waikiki. This 12th-floor unit offers breathtaking mountain, city, and canal views, blending luxurious living with strong investment potential. Legally zoned for short-term rentals, this property is ideal for generating immediate positive cash flow or can be personalized through custom renovations to reflect your unique style. Enjoy the flexibility to reside in paradise at your convenience while earning income when away—an unparalleled option for buyers seeking both a personal retreat and a revenue-generating asset. Perfectly situated, the condo is just a five-minute walk from Waikiki Beach, the International Market Place, and the Royal Hawaiian Shopping Center. Residents benefit from the 6th-floor amenity deck, featuring a sparkling pool, hot tub, sauna, fitness center, BBQ grills, and a convenient on-site store. Enhanced with modern upgrades, including new drain lines and in-unit fire sprinklers, this unit ensures comfort and safety. Seize this rare chance to own a piece of Waikiki’s vibrant lifestyle with immediate rental income potential.
Last checked:
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Last updated May 23, 2025
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MLS# 202512497 —
The Building
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Unit Number:1205
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Year Built:1979
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Building Name:Island Colony
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New Construction:false
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Construction Materials:Concrete
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Entry Level:12
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Security Features:ElevatorSecured,SecurityGuard
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Building Area Total:302.0
Interior
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Flooring:Vinyl
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Furnished:Partially
Room Dimensions
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Living Area:302.0
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:AverageCondition
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Zoning Description:X2 - Apartment Precinct
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Parcel Number:1-2-6-021-026-0110
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View:Canal,City,Mountains
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View:true
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Frontage Type:Other
Listing Agent
- Contact info:
- Agent phone:
- (808) 219-9998
- Office phone:
- (808) 219-9998
Taxes
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Tax Annual Amount:5069.28
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Tax Assessed Value:355300
Baths
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Total Baths:1
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Full Baths:1
The Listing
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Virtual Tour URL Unbranded:https://realsee.ai/MELLxl4g?theme=minimalist&unbranded=1
The Community
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Subdivision Name:WAIKIKI
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Community Features:CommunityPool,ConferenceMeetingRoom,DeckPorch,Fitness,LaundryFacilities,Patio,RecreationArea,Sauna,TrashChute,CondoHotelCommunity
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Association Amenities:Management
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Association Fee Includes:CommonAreas,CableTv,HotWater,Internet,MaintenanceGrounds,MaintenanceStructure,Sewer,Water
Parking
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Parking Features:None
Monthly cost estimate

Asking price
$365,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,954
|
Taxes | $422 |
Insurance | $100 |
Utilities | $241 See report |
Total | $2,717/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/22/25
May 22, 2025
|
Listed / Active | HI_CENTRAL_MLS | $365,000 |