223 Saratoga Road #812
Honolulu, HI 96815
$435,000
Property Type
Condo/Townhouse
Beds
0
Baths
1
Parking
0
Balcony
Yes
Basic Info
- MLS Number: 202400739
- HOA Fees:
- Maintenance Fees: $1012.45
- Neighbourhood: WAIKIKI
- TMK: 1-2-6-3-61
- Annual Tax Amount: $2040.84/year
Property description
557
This is a lovely fully furnished large studio close to Waikiki Beach and has been used only barely as a second/vacation home. It has not been rented for years.
Formerly known as the Trump Tower Waikiki, the property has been newly rebranded as "Ka Lai Waikiki Beach," and is part of the LXR Hotels read more & Resorts, a Hilton Luxury brand, who is upgrading this Five Star property to the next level.
The exceptionally low property tax rate is due to the current 'Dedication for Residential Use,' which allows for rental terms of 30+ days. If you rent as a short-term rental (less than 30-day rental terms) then the property tax rate will revert to the higher Hotel/Resort property tax rate.
If the Buyer intends to rejoin the hotel rental program, then this unit's complete renovation package is estimated to cost $120-140K.
The $1,020.07/mo 'other fees' is the special assessment that ends in December 2025 and pays for the common-area renovation upgrades.
~ Make this your perfect second home, principal residence in paradise, or vacation getaway.
Construction Materials: Concrete,Double Wall,Masonry/Stucco,Slab
Flooring: Marble/Granite,W/W Carpet
Inclusion
- AC Central
- Cable TV
- Drapes
- Range Hood
- Refrigerator
Honolulu, HI 96815
Mortgage Calculator
$1010 per month
Architectural Style: | Condotel,High-Rise 7+ Stories |
Flood Zone: | Zone AE |
Land Tenure: | FS - Fee Simple |
Major Area: | Metro |
Market Status: | Active |
Unit Features: | Central AC,Full Bath on 1st Floor,Single Level |
Unit View: | City |
Amenities: | Concierge,Doorman,Exercise Room,Meeting Room,Patio/Deck,Pool on Property,Recreation Area,Restaurant,Sauna,Security Guard,Valet |
Association Community Name: | N/A |
Easements: | N/A |
Internet Automated Valuation: | N/A |
Latitude: | 21.2794696 |
Longitude: | -157.8322336 |
Listing Service: | Full Service |
Lot Features: | N/A |
Lot Size Area: | N/A |
MLS Area Major: | Metro |
Parking Features: | None |
Permit Address Internet: | 1 |
Pool Features: | N/A |
Property Condition: | Excellent |
Property Sub Type: | N/A |
SQFT Garage Carport: | N/A |
SQFT Roofed Living: | 557 |
Stories Type: | 21+ |
Topography: | N/A |
Utilities: | N/A |
View: | City |
YearBuilt: | 2009 |
1053453