| MLS: 202619013 (Active - For Sale)Condo: Waikiki Sunset #2506-(NUC) Asking Price: $675,000 FS - Fee Simple Type: Condominium District: Metro Address: 229 Paoakalani Avenue, Honolulu, HI Maintenance Fee: 1312.00 Neighborhood: Waikiki Beds: 1 Baths: 1 Living Area: 543 SF Land Area: 1.15 Acres View: City,Coastline,Diamond Head,Ocean,Sunset Parking: Covered - 1,Unassigned Amenities: BBQ,Community Association Pool,Community Laundry,Exercise Room,Recreation Area,Resident Manager,Secu Days on Market: 3 Year Built: 1979 Zoning: X2 - Apartment Precinct Land Recorded: Dual Systems Property Taxes: $514 Assessed Value: $685,700 Assessed Ratio: 98.44% Listing Courtesy: VYBE Hawaii | Google Map County Records Add to Watch List Print Version Request Info All Units For Sale in Waikiki Sunset |
An exceptional opportunity to own a fully furnished, turnkey vacation rental in the highly desirable Waikiki Sunset! Situated on the 25th floor, Unit 2506 offers stunning views of the Pacific Ocean, iconic Diamond Head, and the vibrant Waikiki skyline. Beautifully appointed and thoughtfully upgraded, this residence features a renovated bedroom with the popular two-queen-bed layout and a beautiful lanai with outdoor dining. Complete with a valuable Nonconforming Use Certificate (NUC) in good standing, this property is legally permitted for daily short-term rentals, offering the flexibility to generate rental income while you're away and enjoy your own Hawaiian getaway whenever you visit. Currently recognized as a "Guest Favorite" on Airbnb, this residence is fully equipped, rental-ready. Waikiki Sunset offers resort-style amenities, including a swimming pool, fitness center, BBQ area, laundry facilities on every floor, and 24-hour security. Perfectly situated just moments from world-famous Waikiki Beach, shopping, dining, and entertainment. A wonderful opportunity to own a beautifully maintained, income-producing vacation condominium in one of Waikiki's most sought-after locations!
| MLS | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 202328406 | 01/02/2024 | 02/05/2024 | $640,000 | $660,000 |
11 Comparable Units Sold in Waikiki Sunset (Last 12 months)
| Description | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 1 Bed 1 Bath | 08/21/2025 | 12/03/2025 | $575,000 | $550,000 |
| 1 Bed 1 Bath | 12/19/2025 | 01/21/2026 | $588,000 | $585,000 |
| 1 Bed 1 Bath | 08/22/2025 | 11/12/2025 | $595,000 | $595,000 |
| 1 Bed 1 Bath | 08/15/2025 | 12/31/2025 | $615,000 | $595,000 |
| 1 Bed 1 Bath | 08/04/2025 | 12/30/2025 | $625,000 | $575,000 |
| 1 Bed 1 Bath | 08/04/2025 | 12/12/2025 | $630,000 | $610,000 |
| 1 Bed 1 Bath | 10/20/2025 | 11/21/2025 | $635,000 | $630,000 |
| 1 Bed 1 Bath | 03/19/2025 | 11/14/2025 | $725,000 | $688,000 |
| 1 Bed 1 Bath | 07/01/2025 | 12/01/2025 | $750,000 | $700,000 |
| 1 Bed 1 Bath | 09/24/2025 | 11/14/2025 | $768,000 | $750,000 |
| 1 Bed 1 Bath | 10/07/2025 | 03/11/2026 | $850,000 | $805,000 |
| Average Price: | $643,909 | |||
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