92-104 Waialii Place , O-511

Description

This 5th floor 3 Bedroom / 3 Bath Luxury condominium is located in the Ocean tower of the Beach VIllas at Ko Olina. Nearly 1,500 square feet are provided with a large and private primary suite with an attached lanai overlooking the pool and lagoon. This floor plan also has a 2nd ensuite bedroom / bath for the 2nd Bedroom and there is a 3rd Bedroom with an adjacent 3/4 bath. Property is currently a properly zoned individual hotel unit and has a minimum nightly occupancy of 6 continuous nights. Property is being sold fully furnished with all property currently in place included in the sale. Existing reservations are required to be reviewed and accepted and 2 years of rental history is available for qualified purchasers with a 2022 nightly rent in the villa of approximately $195,000. Property is currently managed by a property manager but this building permits owners to self-manage their own property or use approved rental agents.Located in Ko Olina Resort and Marina, the Beach VIllas at Ko Olina are one of the most exciting luxury condominiums. According to the Dept of Planning & Permitting, this villa is eligible for STR and is not required to be registered as a TVU.