About 2345 Ala Wai Boulevard # 1516
An exceptional and rare legal short-term rental (with NUC Certificate) in the highly sought-after Fairway Villa in the center of Waikiki. This turn-key studio on the 15th floor offers the perfect blend of lifestyle and income potential. Ideally located just minutes from Waikiki Beach, International Market Place, dining, and shopping, this unit features a bright, open layout with floor-to-ceiling sliding doors leading to a private lanai for relaxing and enjoying the island breeze. Fairway Villa is a secure building with resort-style amenities, including a rooftop pool with panoramic ocean views, sauna, BBQ area, and 24-hour security. Ideal for investors, with strong income potential and attractive cap rate. Legal short-term rental with active reservations in place, offering immediate income potential. Property is currently professionally managed, and sale is subject to existing bookings. Showings by appointment only, based on availability.
Features of 2345 Ala Wai Boulevard # 1516
| MLS® # | 202607736 |
|---|---|
| Price | $369,000 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 364 |
| Acres | 0.87 |
| Year Built | 1975 |
| Type | Residential |
| Sub-Type | Condominium |
| Style | High Rise |
| Status | Closed |
Community Information
| Address | 2345 Ala Wai Boulevard # 1516 |
|---|---|
| Area | Metro |
| Subdivision | WAIKIKI |
| City | Honolulu |
| County | Oahu |
| State | HI |
| Zip Code | 96815 |
| Condo Name | Fairway Villa |
Amenities
| Amenities | Management |
|---|---|
| Parking Spaces | 1 |
| Parking | Covered, One Space |
| Garages | Covered, One Space |
| View | Canal, City |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Interior | Laminate |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Other |
|---|---|
| Construction | Other |
School Information
| Elementary | Jefferson |
|---|---|
| Middle | Washington |
| High | Kaimuki |
Additional Information
| Date Listed | April 27th, 2026 |
|---|---|
| Days on Market | 107 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 540 |
| Monthly Maintenance Fee | $109 |
Listing Details
| Office | Coldwell Banker Island Prop |
|---|