$635,000
UNDER CONTRACT

229 Paoakalani Ave Unit 2008 Honolulu, HI 96815

Waikiki Neighborhood

Estimated payment $4,160/month

1 Bed
1 Bath
534 Sq Ft
$1,189 Price per Sq Ft

Highlights

  • Ocean Front
  • 49,963 Sq Ft lot
  • Meeting Room
  • Fitness Center
  • Community Pool
  • Building Patio

About This Home

SELLER TO PAY OFF THE REMAINING BALANCE OF SPECIAL ASSESSMENT AT CLOSING!
Fully furnished 1-bedroom, 1-bath condo in the heart of Waikiki with an unassigned covered parking stall. Enjoy panoramic views of the ocean and Diamond Head, and the city from your private lanai. This move-in-ready unit has been recently updated with new flooring, upgraded furnishings, and a brand-new AC fan coil system installed by the AOAO in October 2024. Features include granite countertops, essential appliances, and a fully equipped kitchen. Currently managed by Midway Vacations, the property is actively generating rental income and includes a legal NUC permit, making it short-term rental ready (Airbnb-friendly). Building amenities include a swimming pool, BBQ area, recreation deck, community laundry, 24-hour security, and an on-site minimart.

Listing Agent

Aiuna Baitz

Midway Realty LLC Brokerage Phone: (808) 226-1604 License #RS-84118 Listed on: 10/20/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,348

Year Built

  • Built in 1979

Lot Details

  • Ocean Front
  • Property is in excellent condition

HOA Fees

  • $275 Monthly HOA Fees

Property Views

  • Ocean
  • City

Home Design

  • Condo Hotel
  • Entry on the 20th floor

Interior Spaces

  • 534 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Covered Parking
  • Unassigned Parking

Schools

  • Jefferson Elementary School
  • Washington Middle School
  • Kaimuki High School

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-028-011-0184

Community Details

Overview

  • Association fees include cable TV, electricity, HVAC, hot water, sewer, water
  • Aoao Waikiki Sunset Association, Phone Number (808) 931-6077
  • Waikiki Sunset Condos
  • Waikiki Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Trash Chute
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool
  • Recreational Area

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,348

Year Built

Built in 1979

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Waikiki Sunset
  • Inclusions: AC Central,Blinds,Cable TV,Kitchenware,Microwave,Range/Oven,Refrigerator,Smoke Detector
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1979
  • Attribution Contact: (808) 226-1604
  • CommunityFeatures: Barbecue, Community Pool, Conference/Meeting Room, Deck/Porch, Fitness, Patio, Recreation Area, Trash Chute, Condo Hotel Community
  • Road Frontage Type: Oceanfront
  • SecurityFeatures: Fire Sprinkler System, Security Guard
  • Association Amenities: Management
  • Pets Allowed: Call
  • MLS Status: Active Under Contract
  • Subdivision Name: WAIKIKI
  • Entry Level: 20
  • Interior Features: Bedroom on Main Level
  • Unit Levels: One
  • Living Area: 534.0
  • New Construction: No
  • Tax Year: 2024
  • Special Features: UnderContract

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Excellent, Good Condition, Updated/Remodeled
  • View: City, Mountain(s), Ocean, Sunset
  • View: Yes
  • Disclosures: 1031 Exchange

Garage/Parking

  • Parking Features: Covered, One Space, Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association #2 Fee: 275.0
  • Phone: 808-931-6077

Association/Amenities

  • General Property Information:Association Name: AOAO Waikiki Sunset

Fee Information

  • Association Fee Includes: Cable TV, Electricity, HVAC, Hot Water, Sewer, Water

Schools

  • Elementary School: Jefferson
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Lot Info

  • Parcel Number: 1-2-6-028-011-0184
  • Zoning Description: X2 - Apartment Precinct

Multi Family

  • Maintenance Expense: 926.39

Tax Info

  • Tax Annual Amount: 6348.0

Map

Range of Values:

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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 $5,787 $691,600 $77,300 $614,300
2024 $5,787 $631,200 $81,600 $549,600
2023 $2,074 $566,900 $79,100 $487,800
2022 $1,821 $497,300 $77,300 $420,000
2021 $1,794 $491,100 $77,300 $413,800
2020 $1,943 $531,600 $94,800 $436,800
2019 $1,939 $529,900 $79,000 $450,900
2018 $1,751 $477,100 $68,400 $408,700
2017 $1,419 $386,000 $52,600 $333,400
2016 $1,571 $426,300 $43,200 $383,100
2015 $1,547 $441,900 $36,800 $405,100
2014 $1,131 $399,500 $29,000 $370,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2025 10/20/25 For Sale $635,000 -- $1,189 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $329,133 None Available
Deed $329,133 None Available
Limited Warranty Deed $79,933 Tg
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202518569

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-028-011-0184