$510,000

1850 Ala Moana Blvd Unit 206 Honolulu, HI 96815

Waikiki Neighborhood

Estimated payment $3,238/month

Total Views 111
-- Bed
1 Bath
550 Sq Ft
$927 Price per Sq Ft

Highlights

  • Popular Property
  • Fitness Center
  • Community Pool
  • Doorman
  • City View
  • Building Patio

About This Home

Palms at Waikiki #206 offers a rare opportunity to own a legal short-term rental in one of Waikiki’s premier condo-hotel destinations. This extra-large studio—approximately 550 sq. ft. of interior space—stands out with its generous layout and the added benefit of a dedicated parking stall, an uncommon advantage for STR properties in Waikiki. Situated on the 2nd floor (equivalent to the height of the 5th floor), this move-in-ready unit provides direct access from the lanai to the resort-style swimming pool and fitness room, creating a seamless indoor-outdoor experience for residents and guests. Perfect as an investment property or personal retreat, the unit features central air conditioning and is fully furnished for immediate use. All utilities are conveniently included in the maintenance fee, covering electricity, internet, hot water, sewer, and central AC—simplifying ownership and enhancing value. With its prime location across from Hilton Hawaiian Village and just moments from Waikiki Beach, shopping, dining, and island activities, this unit presents an exceptional blend of convenience, flexibility, and income potential in a highly desirable condo-hotel setting.

Listing Agent

Andrew Leitheiser

Coldwell Banker Realty Brokerage Phone: (808) 596-0456 License #RB-22557 Listed on: 12/05/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,761

Year Built

  • Built in 1970

Home Design

  • Condo Hotel
  • Entry on the 2nd floor

Interior Spaces

  • 1 Full Bathroom
  • 550 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • City Views
  • Closed Circuit Camera

Parking

  • 1 Parking Space
  • Covered Parking
  • Assigned Parking

Additional Features

  • Property is in excellent condition
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-012-003-0009

Community Details

Overview

  • Association fees include common areas, electricity, HVAC, hot water, internet, sewer, water
  • Palms At Waikiki Condos
  • Waikiki Subdivision

Amenities

  • Doorman
  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Restaurant
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Recreational Area

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,761

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Architectural Style: High Rise
  • Building Name: Palms At Waikiki
  • Inclusions: AC Central,Cable TV,Drapes,Kitchenware,Microwave,Other
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1970
  • Attribution Contact: (808) 596-0456
  • CommunityFeatures: Barbecue, Community Pool, Deck/Porch, Fitness, Laundry Facilities, Patio, Pool, Recreation Area, Restaurant, Condo Hotel Community
  • SecurityFeatures: Closed Circuit Camera(s), Key Card Entry, Door Man, Fire Sprinkler System, Security Guard
  • Association Amenities: Management
  • MLS Status: Active
  • Subdivision Name: WAIKIKI
  • Entry Level: 2
  • Unit Levels: One
  • Living Area: 550.0
  • New Construction: No
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Furnished: Furnished
  • Full Bathrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Excellent
  • View: City, Mountain(s)
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Assigned, Covered, One Space, Secured
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Fee Information

  • Association Fee Includes: Common Areas, Electricity, HVAC, Hot Water, Internet, Sewer, Water

Lot Info

  • Parcel Number: 1-2-6-012-003-0009
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Maintenance Expense: 1367.0

Tax Info

  • Tax Annual Amount: 6760.92

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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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 $6,405 $480,200 $114,700 $365,500
2024 $6,405 $455,300 $121,100 $334,200
2023 $5,278 $375,400 $117,300 $258,100
2022 $5,411 $384,800 $114,700 $270,100
2021 $5,641 $401,400 $114,700 $286,700
2020 $5,479 $389,800 $114,700 $275,100
2019 $5,437 $386,700 $95,600 $291,100
2018 $5,048 $386,200 $82,800 $303,400
2017 $4,943 $378,000 $63,700 $314,300
2016 $4,491 $343,200 $52,300 $290,900
2015 $3,560 $287,100 $44,600 $242,500
2014 $2,472 $302,300 $35,100 $267,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 For Sale $510,000 -- $927 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $299,000 Fntic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $645,000 Unknown
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202526411

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-012-003-0009