1850 Ala Moana Boulevard Unit 220, Honolulu, HI 96815

Property Description

Turnkey, fully furnished legal short-term rental at Palms at Waikiki on the desirable west end of Waikiki near Ala Moana Center and Waikiki Beach. Currently operating as a vacation rental with professional third-party management, offering immediate income potential. Seller fully paid off the $8,649.26 special assessment in Fall 2025. Building amenities include security patrol, a ground-floor restaurant, air-conditioned hallways, hardwired smoke detectors, and a fire sprinkler system. The maintenance fee covers central AC, electricity, internet, cable TV, water, and sewer, helping simplify expenses and improve cash-flow predictability. Conveniently located near shopping, dining, the Hawaii Yacht Club, and Waikiki’s weekly Friday night fireworks. Ideal for investors seeking a legal, income-producing property in one of Waikiki’s most recognized short-term rental buildings.