Island Colony #2001
1 Bed / 1 Bath / 563 sqf

Priced for quick sale! Well maintained cool side end unit. Beautiful views...

Island Colony #2812
Studio / 1 Bath / 316 sqf

Attractive 28th floor studio. Nice view of Ala Wai and Waikiki. Island li...

Island Colony #2820
1 Bed / 1 Bath / 570 sqf

High floor fully furnished unit, ready to move in or as a rental. Not in Ho...

Island Colony #2402
1 Bed / 1 Bath / 563 sqf

Beautiful Mountain, Golf Course and Canal Views. Lovely corner unit wonderf...

Island Colony #911
Studio / 1 Bath / 308 sqf

Great investment opportunity in Waikiki! Studio unit on the cool side of th...

Island Colony #811
Studio / 1 Bath / 308 sqf

Investment opportunity. Comfortable, cozy studio, convenient location with...

Island Colony #812
Studio / 1 Bath / 316 sqf

Great location,nice view of Ala Wai Canal and mountains. large lanai to sit...

Island Colony #1907
Studio / 1 Bath / 308 sqf

Located in the hear of Waikiki's Best shopping, dining, beach and close to ...

Island Colony #3216
Studio / 1 Bath / 315 sqf

Prime location in Waikiki . Close to beach,bus line, shopping Center, Resta...

Island Colony #1602
1 Bed / 1 Bath / 563 sqf

Beautiful Mountain, Golf Course, and canal views await you from this lovely...

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  • Address: 445 Seaside Ave, Honolulu, HI 96815.
  • Built in 1979, 43 Floors with 745 Units, Studio & 1BR Floor plans, Pets: No.
  • Amenities include Pool, Sauna, BBQ Area, Security Guard, Recreation Deck.
  • The Island Colony is the tallest hotel, and condotel, in Honolulu.

About Island Colony
The Island Colony condo stands on Ala Wai Blvd & Seaside Ave, in the middle of the main stretch of Waikiki. Walk 2 blocks and you're looking at the middle of the Royal Hawaiian Shopping Center, with the hotel that shares that name right behind it. The beach is just beyond that, though you have to find the public access to it, which is about a block east. In other words, you're where's it's at.

This is another of the popular condotel properties, making the Island Colony condos an investment opportunity to consider. The Studio & 1BR units are on the smaller side, making them more appropriate for the vacationer, rather than the long-term resident. You've got two choices if you do take the vacation condo route. You can rent it out yourself, but you'll be limited to stays of at least 30 days. Or you can put it into Aqua Hotels' pool, where they can book it for stays of even one night. You'll have to decide what is best for you.

There's more than location to attract visitors to the building and your condo. Though smaller, they do feature large lanais with views that include Diamond Head, the Koolau mountains and even the ocean from the higher floors. The presence of the Ala Wai Canal and the golf course also promise clear, unobstructed views for at least some time to come on the mauka side.

Buyers need to understand something, though. Some of the Island Colony condos were set aside as Lodging units at the time of its building. Those Lodging units may have some issues getting financing. You will need to determine if the property you're interested in is one of those, before you make any kind of offer. A mortgage professional should be able to tell you whether a unit is, or is not, a Lodging condo and what can be done from there.

Despite that, this is an affordable place to get into the investment property and vacation condo market. Its location, excellent amenities and a recent renovation of the common areas are enough to justify at least taking a good look.

You may also be interested in....
Pacific Monarch, Luana Waikiki, Waikiki Marina and Waikiki Sunset. Here is a complete list of all Waikiki condos for sale and another list of all Waikiki's condotels. You can also expand your search to all Honolulu condos for sale.
  • Island Colony Condos - Trends & Statistics

  • The price range of condos for sale in Island Colony is $212K to $490K with a median price of $279K and median interior of 316sqf.
  • The median price of condos sold in Island Colony year-to-date (Jan - Oct 27, 2016) is $280K. In previous years it was $250K (2015), $239K (2014), $218K (2013), $200K (2012), $176K (2011), $171K (2010), $155K (2009), $185K (2008), $199K (2007), $188K (2006), $160K (2005), $128K (2004), $105K (2003).
  • 37 condos have sold in Island Colony year-to-date (Jan - Oct 27, 2016). In previous years, the total number of condos sold were 43 (2015), 38 (2014), 55 (2013), 33 (2012), 38 (2011), 42 (2010), 29 (2009), 41 (2008), 68 (2007), 75 (2006), 81 (2005), 80 (2004), 67 (2003).
  • On average Island Colony condos were on the market for 88 days before they were sold (Jan - Oct 27, 2016). In previous years it was 96 days (2015), 77 days (2014), 70 days (2013), 85 days (2012), 41 days (2011), 69 days (2010), 82 days (2009), 92 days (2008), 103 days (2007), 63 days (2006), 56 days (2005), 57 days (2004), 59 days (2003).
  • The average days on market for Island Colony condos before sold was 77 days September 2016 compared to 80 days September 2015.
  • The ratio of Island Colony condos sales price vs list price was 95.3% September 2016 compared to 99.7% September 2015.
  • 3 Island Colony condos were sold September 2016 compared to 3 condos sold September 2015.
  • The total dollar volume of condos currently for sale in Island Colony is $6.15M and the sold dollar volume year-to-date (Jan - Oct 27, 2016) is $10.55M. In previous years sold dollar volume was $11.47M (2015), $9.62M (2014), $12.65M (2013), $12.33M (2012), $7.07M (2011), $7.27M (2010), $4.72M (2009), $8.1M (2008), $14.3M (2007), $15.05M (2006), $13.75M (2005), $11.02M (2004), $7.59M (2003).
  • The most recent sale in Island Colony was a condo located at #3210 , sold for $260K on Sep 15, 2016. It had 316sqf of interior. 9 other recent sales include: #3205 (302sqf) sold for $225K on 9/9/2016. #2515 (308sqf) sold for $278K on 9/6/2016. #3616 (315sqf) sold for $265K on 8/31/2016. #3608 (316sqf) sold for $300K on 8/26/2016. #2204 (292sqf) sold for $218K on 8/18/2016. #4010 (316sqf) sold for $320K on 8/18/2016. #1520 (570sqf) sold for $310K on 7/28/2016. #1921 (570sqf) sold for $345K on 7/13/2016. #1814 (316sqf) sold for $220K on 7/1/2016.
  • In Island Colony there is currently 20 fee simple and 1 leasehold units for sale. 10 of the condos have ocean views, 3 have Diamond Head views and 15 have mountain views.
  • There are 14 studio floor plans and 7 x 1 bedroom floor plans.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 22, 2016. Information is deemed reliable but not guaranteed.