About Marco Polo Apartments
The Marco Polo condos can't be missed with its flowing, wave-like shape, appropriate for a building just across the Ala Wai from Waikiki's world famous swells. It's also fitting for a condominium that affords ocean views for the top floors, despite the tall, and thick, skyline between it and those blue, blue waters.
Being right on the Ala Wai means clear views of the canal and the paddling teams who add the perfect Island touch as they practice the traditional sport up and down the way. With little between the Marco Polo condos and the canal, it's part of the backdrop for every unit on that side.
The units themselves have a wide variety of layouts. For example, the Studios all have 436 sq ft interiors, but some have lanais and some do not – even within the same stack. That condition applies to the other, larger floor plans as well. How large?
The Marco Polo's 1BRs extend from 653 to 672 sq ft, with the 2BRs starting at 768 sq ft, but going up to as much as 1,536 in those that are on the Penthouse level. That leaves just 10 3BRs, all on the Penthouse floor, with from 1,479 to 1,957 sq ft. Do note that these are a mix of fee simple and leasehold properties whose lease comes up in 2041.
Current residents always brag about the recreational amenities they enjoy here. There's something for every kind of athlete, from the tennis courts and putting green to the basketball/volleyball court. You'll find more than a few neighbors who enjoy running around the Ala Wai in the cool evening, too. It's the perfect jogging path, right outside your doorway.
Living on Kapiolani Blvd puts you right on a main avenue, just a quick drive from Ala Moana Blvd, the many ono local restaurants on King St & Kaimuki as well as the sights and entertainment of neighboring Waikiki. Unlike the real Marco Polo, you won't have far to travel to reach these modern marvels.
The price range of condos for sale in Marco Polo Apts is $325K to $980K with a median price of $618K and median interior of 853sf.
The median price of condos sold in Marco Polo Apts year-to-date (2016) is $525K. In previous years it was $478K (2015), $397K (2014), $454K (2013), $405K (2012), $373K (2011), $316K (2010), $404K (2009), $360K (2008), $415K (2007), $375K (2006), $392K (2005), $279K (2004), $215K (2003).
24 condos have sold in Marco Polo Apts year-to-date (2016). In previous years, the total number of condos sold were 23 (2015), 30 (2014), 26 (2013), 34 (2012), 27 (2011), 18 (2010), 18 (2009), 24 (2008), 29 (2007), 21 (2006), 39 (2005), 44 (2004), 43 (2003).
On average Marco Polo Apts condos were on the market for 91 days before they were sold (2016). In previous years it was 69 days (2015), 67 days (2014), 79 days (2013), 77 days (2012), 103 days (2011), 46 days (2010), 59 days (2009), 50 days (2008), 67 days (2007), 57 days (2006), 49 days (2005), 37 days (2004), 80 days (2003).
The average days on market for Marco Polo Apts condos before sold was 65 days November 2016 compared to 64 days November 2015.
The ratio of Marco Polo Apts condos sales price vs list price was 97.4% November 2016 compared to 100.0% November 2015.
4 Marco Polo Apts condos were sold November 2016 compared to 1 condo sold November 2015.
The total dollar volume of condos currently for sale in Marco Polo Apts is $7.63M and the sold dollar volume year-to-date (2016) is $12.63M. In previous years sold dollar volume was $10.7M (2015), $12.94M (2014), $11.11M (2013), $13.12M (2012), $9.56M (2011), $6.04M (2010), $6.91M (2009), $8.85M (2008), $12.29M (2007), $8.16M (2006), $15.34M (2005), $12.14M (2004), $10.27M (2003).
The most recent sale in Marco Polo Apts was a condo located at #2014 , sold for $600K on Dec 09, 2016. It had 1071sf of interior. 9 other recent sales include: #3202 (792sf) sold for $555K on 11/17/2016. #3413 (901sf) sold for $637K on 11/16/2016. #2101 (831sf) sold for $530K on 11/10/2016. #1502 (792sf) sold for $505K on 11/10/2016. #3306 (436sf) sold for $315K on 8/30/2016. #405 (624sf) sold for $405K on 8/18/2016. #2901 (831sf) sold for $570K on 8/5/2016. #2706 (436sf) sold for $345K on 7/18/2016. #901 (923sf) sold for $520K on 5/23/2016.
In Marco Polo Apts there is currently 10 fee simple and 3 leasehold units for sale. 5 of the condos have ocean views, 3 have Diamond Head views and 9 have mountain views.
There are 1 x 1 bedroom floor plan, 11 x 2 bedroom floor plans and 1 x 3 bedroom floor plan.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 10, 2016. Information is deemed reliable but not guaranteed.