$599,000

Estimated payment $3,375/month

1 Bed
1 Bath
500 Sq Ft
$1,198 Price per Sq Ft

Highlights

  • Concierge
  • Property is near a marina
  • Community Pool
  • Ocean Front
  • City View
  • Building Patio

About This Home

Welcome to Ilikai Apartments #507, ideally located at the gateway to Waikiki! This desirable unit presents a fantastic opportunity for investors or vacation homeowners alike. Just minutes from Ala Moana Center, downtown Honolulu, world-class shopping, dining, and beaches, it offers the perfect blend of island living and city convenience — and best of all, it’s a legal short-term rental (resort-zoned). With easy access to bus lines, schools, and medical facilities, and surrounded by the vibrant energy of Waikiki, this is your chance to own a prime piece of paradise or a strong income property—a must-see!

Listing Agent

David Liu

REMAX Hawaii Brokerage Phone: (808) 738-3600 License #RS-78314 Listed on: 12/15/2025

REMAX Hawaii

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,043

Year Built

  • Built in 1965

Lot Details

  • Ocean Front
  • Fenced

HOA Fees

  • $57 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 5th floor

Interior Spaces

  • 500 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Property is near a marina

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-010-007-0572

Community Details

Overview

  • Association fees include common areas, sewer, water
  • Ilikai Apt Bldg Condos
  • Waikiki Subdivision

Amenities

  • Concierge
  • Building Patio
  • Community Deck or Porch
  • Trash Chute
  • Laundry Facilities

Recreation

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,043

Year Built

Built in 1965

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Building Name: Ilikai Apt Bldg
  • Inclusions: AC Window Unit,Cable TV,Drapes,Kitchenware,Linens,Microwave,Other,Range/Oven,Refrigerator,Smoke Detector
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1965
  • Attribution Contact: (808) 738-3600
  • CommunityFeatures: Concierge, Community Pool, Deck/Porch, Laundry Facilities, Patio, Pool, Trash Chute, Condo Hotel Community
  • Fencing: Fenced, Wall
  • Road Frontage Type: Marina, Oceanfront
  • SecurityFeatures: Fire Sprinkler System, Security Guard
  • Association Amenities: Concierge, Management
  • MLS Status: Active
  • Subdivision Name: WAIKIKI
  • Entry Level: 5
  • Living Area: 500.0
  • New Construction: No
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Flooring: Other
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Good Condition
  • View: City
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: None, Valet

Condo/Co-op/Association

  • Association Fee: 57.0

Fee Information

  • Association Fee Includes: Common Areas, Sewer, Water

Lot Info

  • Parcel Number: 1-2-6-010-007-0572
  • Zoning Description: X6 - Resort Mixed Use Precinct

Multi Family

  • Maintenance Expense: 895.17

Tax Info

  • Tax Annual Amount: 2043.36

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,062 $583,800 $122,100 $461,700
2024 $2,062 $589,000 $128,900 $460,100
2023 $1,898 $542,300 $124,800 $417,500
2022 $2,058 $587,900 $122,100 $465,800
2021 $1,715 $489,900 $122,100 $367,800
2020 $1,666 $476,100 $113,600 $362,500
2019 $2,149 $491,800 $94,700 $397,100
2018 $2,149 $613,900 $82,100 $531,800
2017 $1,395 $398,500 $63,100 $335,400
2016 $1,321 $377,500 $51,800 $325,700
2015 $1,220 $348,500 $44,200 $304,300
2014 $849 $316,300 $34,700 $281,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2025 12/15/25 For Sale $599,000 +17.5% $1,198 / Sq Ft
04/01/2021 04/01/21 Sold $510,000 -7.3% $1,020 / Sq Ft View Prior Sale
03/02/2021 03/02/21 Pending -- -- --
02/07/2021 02/07/21 For Sale $550,000 -- $1,100 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $510,000 Fam
Deed $340,000 Fhtc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $272,000 Fannie Mae Freddie Mac
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202527620

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-010-007-0572