Built in 1968, 224 Units on 24 Floors, Studio - 1BR, Pets: OK (verify).
Amenities include Pool, Recreation Area, Security Guard.
Restaurants and shops are right downstairs in the building!
About Marine Surf Waikiki
Those who buy one of the Marine Surf Waikiki condos rarely live here. This is a condotel alike property (allows short-term vacation rental, but without a hotel operation), perfectly located in the central part of the district, right between the two main drags of Kuhio and Kalakaua Avenues. You couldn't ask for a better address when you're in the vacation condo business.
The floorplans are smaller, but that's expected in this market. Almost every unit is a Studio layout with 392 sq ft of space. The remaining are a small number of 1BRs which have from 772 to 858 sq ft behind their doors.
From the units you can see the cityscape around you, the grand Koolau Mountains to the north and, on the south, the ocean views that can produce regular bookings and consistent income.
Your guests are only two blocks to the beaches that brought them to Waikiki. Shopping & dining is even closer. You have almost unlimited options in a 5 minute walk radius.
If you've considered entering this market, you owe it to yourself to check out the Marine Surf Waikiki. With all the essentials taken care of, you'll rarely find a property so ready to go.
If you are looking for properties that allow short-term vacation rentals, then our Guide to Condotels is a must read.
Marine Surf Waikiki Condos - Trends & Statistics
The price range of condos for sale in Marine Surf Waikiki is $325K to $816K with a median price of $392K and median interior of 392sf.
The median price of condos sold in Marine Surf Waikiki year-to-date (2016) is $320K. In previous years it was $330K (2015), $295K (2014), $269K (2013), $253K (2012), $230K (2011), $215K (2010), $195K (2009), $210K (2008), $247K (2007), $239K (2006), $220K (2005), $160K (2004), $135K (2003).
8 condos have sold in Marine Surf Waikiki year-to-date (2016). In previous years, the total number of condos sold were 15 (2015), 14 (2014), 10 (2013), 10 (2012), 15 (2011), 13 (2010), 9 (2009), 9 (2008), 11 (2007), 14 (2006), 23 (2005), 19 (2004), 23 (2003).
On average Marine Surf Waikiki condos were on the market for 78 days before they were sold (2016). In previous years it was 65 days (2015), 39 days (2014), 50 days (2013), 53 days (2012), 51 days (2011), 15 days (2010), 120 days (2009), 65 days (2008), 61 days (2007), 56 days (2006), 51 days (2005), 36 days (2004), 108 days (2003).
The average days on market for Marine Surf Waikiki condos before sold was 127 days November 2016 compared to 105 days November 2015.
The ratio of Marine Surf Waikiki condos sales price vs list price was 98.4% November 2016 compared to 99.1% November 2015.
2 Marine Surf Waikiki condos were sold November 2016 compared to 1 condo sold November 2015.
The total dollar volume of condos currently for sale in Marine Surf Waikiki is $3.41M and the sold dollar volume year-to-date (2016) is $2.79M. In previous years sold dollar volume was $4.88M (2015), $4.18M (2014), $3.07M (2013), $2.82M (2012), $3.63M (2011), $3.14M (2010), $2.08M (2009), $1.91M (2008), $2.76M (2007), $3.42M (2006), $5.1M (2005), $3.83M (2004), $3.06M (2003).
The most recent sale in Marine Surf Waikiki was a condo located at #505 , sold for $300K on Nov 28, 2016. It had 392sf of interior. 9 other recent sales include: #409 (392sf) sold for $315K on 11/4/2016. #1211 (858sf) sold for $588K on 8/16/2016. #1408 (392sf) sold for $355K on 7/8/2016. #1105 (392sf) sold for $300K on 6/9/2016. #1502 (392sf) sold for $330K on 5/23/2016. #411 (392sf) sold for $286K on 5/13/2016. #1507 (392sf) sold for $325K on 4/14/2016. #709 (392sf) sold for $330K on 12/29/2015. #2103 (392sf) sold for $368K on 12/11/2015.
In Marine Surf Waikiki there is currently 8 fee simple units for sale. 5 of the condos have ocean views and 1 has mountain views.
There are 7 studio floor plans and 1 x 1 bedroom floor plan.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 03, 2016. Information is deemed reliable but not guaranteed.