Listing
Overview
Price: $599,000
Area: WAIKIKI
Status: Active Under Contract
Best price! Waikiki Banyan #605-2 offers a fantastic opportunity for investors, second-home buyers, or primary residence. This 1-bedroom, 1-bathroom unit comes with a Non-Conforming Use Certificate (NUC, which currently costs less than the Bill 41 TVU license), making it eligible for short-term vacation rentals—perfect for capitalizing on a limited short-term rental market. The unit is priced to sell and, while it needs updating, it offers great potential for customization. The 6th-floor location allows for an in-unit washer/dryer, adding convenience for owners and renters alike. Additionally, the property includes one unassigned parking stall, a valuable feature in this prime Waikiki location. The building is financially solid with recent capital improvements, including re-piping of the sewer lines and modernized elevators. With its prime location steps from Waikiki Beach and all the local amenities, this unit is an excellent choice for those seeking both flexibility and value in a vacation rental building. Listing by: Coldwell Banker Realty (808) 781-5378
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- BedsTotal: 1
- Full Baths: 1
- Land Area (sf): 99,796 sf
- Living (sf): 624
- Year Built: 1977
- Building Name: Waikiki Banyan
- Property Condition: Average
- Number of Parking Spaces: 1
- View: City,Marina/Canal,Mountain,Sunrise
- Listing Office: Coldwell Banker Realty
- Maintenance Fees: $902
- Land Tenure: FS - Fee Simple
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
listings last updated on October 5, 2025 - 12:12 PM
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
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