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223 Saratoga Road , #812

Honolulu, HI 96815
  • $480,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 202400739
New On Site 6 Days Ago
UPDATED: 11 min ago
$480,000
  • 0
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 557
    SQFT
  • $862
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2009
County:
Area:

School Ratings & Info

Description

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 & 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.

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© 2024 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Island Life Homes.

Licensed in the State of Hawaii, USA.
www.islandlifehm.com/homes/147566268
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223 Saratoga Road , #812 Honolulu, HI 96815

  • Price: $480,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 11 min ago
  • MLS #: 202400739
0
Beds
1
Baths
0
½ Baths
N/A
Acres
557
SQFT
$862
$/SQFT
2009
Built
Neighborhood:
Waikiki
County:
Oahu
Area:
Metro
Property Description
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 & 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.
Exterior Features

Construction Materials ConcreteDouble WallMasonry/StuccoSlab Floor Number 8 Parking None Parking Additional 0 Sq Ft Lanai Open 0 Stories 21+ Style CondotelHigh-Rise 7+ Stories View City

Interior Features

Elevators 4 Floors Marble/GraniteW/W Carpet Furnished Full Inclusions AC CentralCable TVDrapesRange HoodRefrigerator Sq Ft Roofed Living 557 Unit Features Central ACFull Bath on 1st FloorSingle Level

Property Features

Amenities ConciergeDoormanExercise RoomMeeting RoomPatio/DeckPool on PropertyRecreation AreaRestaurantSaunaSecurity GuardValet Assessed Value Improvements 201000.00 Assessed Value Land 319400.00 Assessed Value Total 520400.00 Association Fee Includes Cable TVHot WaterInternet ServiceSewerWater Association Fee Total 2032 Association Fee2 1020 Builder Name Irongate Building Name Trump Tower Waikiki Disclosures Property Disclosure Stmt Flood Zone Zone AE Foreclosure YN No Fractional Ownership YN No Land Recorded Regular System Land Tenure FS - Fee Simple Listing Financing CashConventional Maintenance Fees 1012.45 Management Company Hawaiiana Mgmt New Construction No Occupancy Vacant Possession 45 Days or LessAt Closing Property Condition Excellent Security CardKeyed ElevatorVideo Special Sale Conditions None Tax Amount 170.07 Tax Annual Amount 2040.84 Tax Paid By Seller 0 Tax Year 2024 Zoning X6 - Resort Mixed Use Precinct

Listings provided courtesy of Hawaii Living LLC: (808) 943-9000.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2024-02-20T20:58:46.48. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.


© 2024 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Island Life Homes.

Licensed in the State of Hawaii, USA.
 
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