Hawaii Living

Niihau Apts Inc #302 (Waikiki)

247 Beach Walk #302, Honolulu

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Waikiki has unique short-term rental rules. We are expert real estate agents who specialize in this market. Contact us when ready. 
Guide To Condotels.
Description
This is the property your client has been waiting for!! Large, renovated 1 bedroom condo zoned for short term rentals. Prime location , less than a block from the white sandy beach in the heart of Waikiki's new $585 million renovation of Lewers/Beachwalk neighborhood. Near to the best restaurants, shopping and entertainment Waikiki has to offer. Low maintenance fees and taxes. Easy to see and shows great.
Past Activity
  • Jun 30, 2017 Sold for $320,000
  • May 18, 2017 In Escrow
  • May 11, 2017 Price $325,000
  • Apr 21, 2017 Listed at $338,000
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.72
  • Price / ft²: $559
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Hot Water, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2007
  • Zoning: X6 - Resort Mixed Use Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: City
  • Furnished: Negotiable
  • Property Condition: Above Average
  • Owner Occupancy: 32%
  • Management Company: Hawaiian Properties LTD
  • Security Features: Key, Keyed Elevator, Video
  • Amenities: Community Laundry
  • TMK: 1-2-6-3-13-7
  • Tax Assessed Land: $46,800
  • Tax Assessed Improvements: $194,200
  • Tax Assessed Total: $241,000
  • Courtesy: Locations LLC
  • MLS: 201708425
Good to Know
  • Address: 247 Beach Walk, Honolulu, HI 96815.
  • Built in 1960, 11 Floors with 44 Units, 1 - 3BR, Pets: OK (verify).
  • Penthouse takes up entire top floor and the only 3BR unit in building.

About Niihau Apartments
The Niihau Apartments are one of those properties real estate agents can amaze those not in the know. In recent years these units ½ block from the beach have sold for the low $300Ks and even under. Most amazing of all, they are fee simple.

As you can imagine the layouts are not huge, though the penthouse level has a good sized footprint:
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 20, 2024. Information is deemed reliable but not guaranteed.
  • Sold 6/30/17 at $320,000
    (List Price: $325,000)
Description
This is the property your client has been waiting for!! Large, renovated 1 bedroom condo zoned for short term rentals. Prime location , less than a block from the white sandy beach in the heart of Waikiki's new $585 million renovation of Lewers/Beachwalk neighborhood. Near to the best restaurants, shopping and entertainment Waikiki has to offer. Low maintenance fees and taxes. Easy to see and shows great.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 20, 2024. Information is deemed reliable but not guaranteed.
    • Jun 30, 2017 Sold for $320,000
    • May 18, 2017 In Escrow
    • May 11, 2017 Price $325,000
    • Apr 21, 2017 Listed at $338,000
    • Address: 247 Beach Walk, Honolulu, HI 96815.
    • Built in 1960, 11 Floors with 44 Units, 1 - 3BR, Pets: OK (verify).
    • Penthouse takes up entire top floor and the only 3BR unit in building.

    About Niihau Apartments
    The Niihau Apartments are one of those properties real estate agents can amaze those not in the know. In recent years these units ½ block from the beach have sold for the low $300Ks and even under. Most amazing of all, they are fee simple.

    As you can imagine the layouts are not huge, though the penthouse level has a good sized footprint:
    Other Niihau Apts Inc Listings
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.