Hawaii Living

Palms Inc #1505 (Waikiki)

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431 Nahua St #1505, Honolulu

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Call agent (808) 343-5000 or use contact form.
All Palms Inc condo units and Waikiki buildings are unique.
We are expert real estate agents who specialize in this market. Contact us when ready.
Description
Ideal purchase for an investor seeking a turnkey opportunity. Currently tenant occupied until 12/31/24 paying $2,900 per month. Flooring & bathroom renovated in 2022. 1 covered parking stall and 82 sq ft open lanai that faces the Ala Wai canal. International Marketplace nearby along with many restaurants and shopping. Condo is VA approved!
Recent Activity
  • Mar 18, 2024 In Escrow
  • Mar 15, 2024 Listed at $495,000
  • Jul 19, 2018 Withdrawn / Canceled
  • Mar 05, 2018 Listed at $540,000
  • Jan 29, 2018 Withdrawn / Canceled
  • Nov 28, 2017 Listed at $538,000
  • Oct 27, 2017 Withdrawn / Canceled
  • Sep 18, 2017 Back to Active
  • Sep 18, 2017 Price $538,000
  • Sep 03, 2017 Temp. Withdrawn / Hold
  • Jul 27, 2017 Listed at $589,000
  • Jul 25, 2017 Withdrawn / Canceled
  • Jul 20, 2017 Listed at $589,000
  • May 06, 2016 Sold for $495,000
  • Mar 24, 2016 In Escrow
  • Mar 15, 2016 Listed at $485,000
Past Sales
  • #PH3: 3 Bds | 2 Ba @ $920K (4/16/24)
  • #1003: 2 Bds | 2 Ba @ $439K (3/21/24)
  • #607: 2 Bds | 2 Ba @ $510K (2/1/24)
  • #PH4: 3 Bds | 2 Ba @ $1.128M (10/25/23)
  • #601: 2 Bds | 2 Ba @ $510K (10/13/23)
  • #806: 2 Bds | 2 Ba @ $520K (10/10/23)
  • #1201: 2 Bds | 2 Ba @ $490K (10/10/23)
  • #1104: 2 Bds | 2 Ba @ $515K (10/9/23)
  • #1109: 1 Bd | 1 Ba @ $405K (8/2/23)
  • #604: 2 Bds | 2 Ba @ $480K (9/15/22)
  • #403: 2 Bds | 2 Ba @ $480K (9/2/22)
  • #1509: 1 Bd | 1 Ba @ $422K (8/29/22)
  • #1609: 1 Bd | 1 Ba @ $430K (8/2/22)
  • #809: 1 Bd | 1 Ba @ $430K (5/25/22)
  • #902: 2 Bds | 2 Ba @ $540K (2/16/22)
  • #1602: 2 Bds | 2 Ba @ $525K (8/25/21)
  • #1009: 1 Bd | 1 Ba @ $428K (6/4/21)
  • #903: 2 Bds | 2 Ba @ $430K (5/19/21)
  • #1002: 2 Bds | 2 Ba @ $376K (4/6/21)
  • #1409: 1 Bd | 1 Ba @ $394K (12/30/20)
  • #1005: 2 Bds | 2 Ba @ $418K (10/7/20)
  • #1303: 2 Bds | 2 Ba @ $447K (3/11/20)
  • #202: 2 Bds | 2 Ba @ $465K (3/6/20)
  • #1004: 2 Bds | 2 Ba @ $429K (2/13/20)
  • #404: 2 Bds | 2 Ba @ $450K (10/31/19)
  • #1507: 2 Bds | 2 Ba @ $439K (5/31/19)
  • #1301: 2 Bds | 2 Ba @ $575K (11/2/18)
  • #807: 2 Bds | 2 Ba @ $515K (10/26/18)
  • #204: 2 Bds | 2 Ba @ $535K (6/29/18)
  • #507: 2 Bds | 2 Ba @ $515K (6/28/18)
  • #701: 2 Bds | 2 Ba @ $518K (4/27/18)
  • #1603: 2 Bds | 2 Ba @ $527K (3/27/18)
  • #1402: 2 Bds | 2 Ba @ $529K (12/11/17)
  • #1001: 2 Bds | 2 Ba @ $540K (11/17/17)
  • #1203: 2 Bds | 2 Ba @ $475K (5/5/17)
  • #hidden: 2 Bds | 2 Ba @ $382K (1/13/17)
  • #1503: 2 Bds | 2 Ba @ $512K (9/30/16)
  • #302: 2 Bds | 2 Ba @ $435K (9/28/16)
  • #1505: 2 Bds | 2 Ba @ $495K (5/6/16)
  • #1401: 2 Bds | 2 Ba @ $508K (4/4/16)
  • #1206: 2 Bds | 2 Ba @ $458K (3/24/16)
  • #305: 2 Bds | 2 Ba @ $410K (12/14/15)
  • #906: 2 Bds | 2 Ba @ $455K (9/21/15)
  • #308: 2 Bds | 2 Ba @ $460K (9/17/15)
  • #909: 1 Bd | 1 Ba @ $379K (7/8/15)
  • #1105: 2 Bds | 2 Ba @ $460K (5/8/15)
  • #605: 2 Bds | 2 Ba @ $450K (3/6/15)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.28
  • Price / ft²: $521
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Electricity, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AE
  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki
  • View: Mountain
  • Property Condition: Above Average
  • Owner Occupancy: 57%
  • Management Company: Hawaiiana Management
  • Security Features: Key
  • Amenities: BBQ, Community Association Pool, Patio/Deck, Pool on Property, Resident Manager, Trash Chute
  • TMK: 1-2-6-21-20-122
  • Tax Assessed Land: $76,600
  • Tax Assessed Improvements: $456,300
  • Tax Assessed Total: $532,900
  • Courtesy: Locations LLC / (808) 488-7700
  • MLS: 202406019
Ask Tanner a Question
Good to Know
  • Address: 431 Nahua St, Honolulu, HI 96815.
  • Built in 1968, 140 Units on 17 Floors, 1 - 3BR,  Pets: OK (verify).
  • Amenities include Pool, Recreation Area, Meeting Room, Security Guard.
  • Glass 'walls' slide open to bring the outdoors into your home!

About Palms Inc
The Palms Inc condos stand on one of the lesser known Waikiki streets, Nahua, yet it's smack in the middle of it all. The building is just ½ block from the International Marketplace and the center of the 'Golden Mile'.

You are that close to all the activity and entertainment Waikki offers, ye  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 30, 2024. Information is deemed reliable but not guaranteed.
Other Palms Inc Listings
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Palms Inc #601
2 Bds | 2 Ba
842 ft²
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Palms Inc #209
1 Bd | 1 Ba
615 ft²
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Palms Inc #1203
2 Bds | 2 Ba
906 ft²
Other Waikiki Condos
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250 Ohua #6E
2 Bds | 2 Ba
1,014 ft²
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2121 Ala Wai #2103
2 Bds | 1 Ba
653 ft²
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Monte Vista #1105
2 Bds | 1 Ba
684 ft²
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Waikiki Lanais #901
2 Bds | 1.5 Ba
760 ft²
  • Asking Price: $495,000
Description
Ideal purchase for an investor seeking a turnkey opportunity. Currently tenant occupied until 12/31/24 paying $2,900 per month. Flooring & bathroom renovated in 2022. 1 covered parking stall and 82 sq ft open lanai that faces the Ala Wai canal. International Marketplace nearby along with many restaurants and shopping. Condo is VA approved!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 30, 2024. Information is deemed reliable but not guaranteed.
    • Mar 18, 2024 In Escrow
    • Mar 15, 2024 Listed at $495,000
    • Jul 19, 2018 Withdrawn / Canceled
    • Mar 05, 2018 Listed at $540,000
    • Jan 29, 2018 Withdrawn / Canceled
    • Nov 28, 2017 Listed at $538,000
    • Oct 27, 2017 Withdrawn / Canceled
    • Sep 18, 2017 Back to Active
    • Sep 18, 2017 Price $538,000
    • Sep 03, 2017 Temp. Withdrawn / Hold
    • Jul 27, 2017 Listed at $589,000
    • Jul 25, 2017 Withdrawn / Canceled
    • Jul 20, 2017 Listed at $589,000
    • May 06, 2016 Sold for $495,000
    • Mar 24, 2016 In Escrow
    • Mar 15, 2016 Listed at $485,000
    • Address: 431 Nahua St, Honolulu, HI 96815.
    • Built in 1968, 140 Units on 17 Floors, 1 - 3BR,  Pets: OK (verify).
    • Amenities include Pool, Recreation Area, Meeting Room, Security Guard.
    • Glass 'walls' slide open to bring the outdoors into your home!

    About Palms Inc
    The Palms Inc condos stand on one of the lesser known Waikiki streets, Nahua, yet it's smack in the middle of it all. The building is just ½ block from the International Marketplace and the center of the 'Golden Mile'.

    You are that close to all the activity and entertainment Waikki offers, ye  .....
    Read more.
    Other Palms Inc Listings
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    Palms Inc #601
    2 Bds | 2 Ba
    842 ft²
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    Palms Inc #209
    1 Bd | 1 Ba
    615 ft²
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    Palms Inc #1203
    2 Bds | 2 Ba
    906 ft²
    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.