$465,000
UNDER CONTRACT

Estimated payment $2,967/month

Total Views 49
-- Bed
1 Bath
332 Sq Ft
$1,401 Price per Sq Ft

Highlights

  • City View
  • Furnished
  • Security Guard
  • 23,305 Sq Ft lot
  • Community Pool
  • 2-minute walk to Centennial Park Waikiki

About This Home

Rare opportunity to own a legally permitted short-term rental in one of Waikiki's most sought-after locations. Unit #510 at the Marine Surf Waikiki is one of the few buildings in Honolulu zoned and grandfathered for legal vacation rentals under 30 days—a designation that has become increasingly scarce following the City and County of Honolulu's tightening of short-term rental regulations (Ordinance 22-7 / Bill 41). This is a true income-producing asset with an established rental history and existing bookings, ideal for investors seeking immediate cash flow or owner-users wanting a Waikiki pied-à-terre that pays for itself. Property Highlights:
Legal, fully permitted non-conforming use short-term rental (NUC eligible / grandfathered status)
Steps from world-famous Waikiki Beach, Kalakaua Avenue shopping, and Honolulu's best dining
Building amenities including pool and on-site conveniences
Turnkey and furnished—ready to continue generating revenue from day one
Strong nightly rates and high occupancy driven by prime location Owner can cancel all future reservations for owner occupant buyer.

Listing Agent

Claude Abou-Sayf

Nagwa Saas Realty, LLC Brokerage Phone: (808) 395-6825 License #RS-66320 Listed on: 06/15/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,196

Year Built

  • Built in 1968

Lot Details

  • Property is in average condition

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 332 Sq Ft Home
  • Furnished
  • Laminate Flooring

Parking

  • 1 Parking Space
  • Covered Parking
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-019-001-0024

Community Details

Overview

  • Association fees include cable TV, electricity, hot water, internet, sewer, water
  • High-Rise Community
  • Marine Surf Waikiki Condos
  • Waikiki Subdivision

Amenities

  • Trash Chute
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,196

Year Built

Built in 1968

Lot Details

0.54 Acres

Listing Details

  • Architectural Style: High Rise
  • Building Name: Marine Surf Waikiki
  • Inclusions: AC Window Unit,Cable TV,Disposal,Drapes,Kitchenware,Linens,Microwave,Range/Oven,Refrigerator,Smoke Detector
  • LandTenure: Fee Simple
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1968
  • Attribution Contact: (808) 395-6825
  • CommunityFeatures: Laundry Facilities, Pool, Trash Chute
  • Road Frontage Type: Other
  • SecurityFeatures: Elevator Secured, Key Card Entry, Security Guard
  • MLS Status: Active Under Contract
  • Subdivision Name: WAIKIKI
  • Entry Level: 5
  • Living Area: 332.0
  • New Construction: No
  • Tax Year: 2025
  • Special Features: UnderContract

Interior Features

  • Flooring: Laminate
  • Furnished: Furnished
  • Full Bathrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Average Condition
  • View: City
  • View: Yes
  • Disclosures: Familial Relation

Garage/Parking

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

Fee Information

  • Association Fee Includes: Cable TV, Electricity, Hot Water, Internet, None, Sewer, Water

Lot Info

  • Parcel Number: 1-2-6-019-001-0024
  • Zoning Description: X6 - Resort Mixed Use Precinct

Multi Family

  • Maintenance Expense: 892.0

Tax Info

  • Tax Annual Amount: 5196.0

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,196 $477,300 $96,900 $380,400
2025 $5,196 $547,800 $96,900 $450,900
2024 $1,897 $542,000 $102,300 $439,700
2023 $6,540 $456,300 $99,100 $357,200
2022 $1,227 $350,600 $96,900 $253,700
2021 $1,258 $359,500 $96,900 $262,600
2020 $1,206 $344,600 $105,000 $239,600
2019 $1,209 $370,600 $87,500 $283,100
2018 $1,209 $345,400 $75,800 $269,600
2017 $1,081 $308,800 $58,300 $250,500
2016 $3,944 $294,000 $47,800 $246,200
2015 $1,009 $288,400 $40,800 $247,600
2014 $708 $249,800 $32,100 $217,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2026 06/15/26 For Sale $465,000 +32.9% $1,401 / Sq Ft
12/05/2018 12/05/18 Sold $350,000 -4.1% $893 / Sq Ft View Prior Sale
11/05/2018 11/05/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $365,000 -- $931 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $350,000 Or
Interfamily Deed Transfer $105,733 Itc
Deed $165,000 --
Deed $115,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $234,000 Unknown
Previous Owner $210,000 Unknown
Previous Owner $123,750 Unknown
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202611616

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-019-001-0024

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