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 $749K with a median price of $749K and median interior of 836sf.
The median price of condos sold in Marine Surf Waikiki year-to-date (Jan - Apr 30, 2017) is $385K. In previous years it was $320K (2016), $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).
9 condos have sold in Marine Surf Waikiki year-to-date (Jan - Apr 30, 2017). In previous years, the total number of condos sold were 8 (2016), 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 90 days before they were sold (Jan - Apr 30, 2017). In previous years it was 78 days (2016), 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 116 days March 2017.
The ratio of Marine Surf Waikiki condos sales price vs list price was 95.7% March 2017
5 Marine Surf Waikiki condos were sold March 2017
The total dollar volume of condos currently for sale in Marine Surf Waikiki is $749K and the sold dollar volume year-to-date (Jan - Apr 30, 2017) is $3.6M. In previous years sold dollar volume was $2.79M (2016), $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 #612 , sold for $328K on Apr 20, 2017. It had 392sf of interior. 9 other recent sales include: #1511 (392sf) sold for $400K on 3/29/2017. #1607 (392sf) sold for $340K on 3/17/2017. #PH4 (1,037sf) sold for $735K on 3/15/2017. #403 (392sf) sold for $317K on 3/3/2017. #2103 (392sf) sold for $385K on 3/1/2017. #1110 (392sf) sold for $315K on 2/22/2017. #2210 (392sf) sold for $395K on 2/8/2017. #1701 (392sf) sold for $390K on 2/8/2017. #505 (392sf) sold for $300K on 11/28/2016.
In Marine Surf Waikiki there is currently 1 fee simple units for sale. 1 of the condo has ocean views and 1 has mountain views.