Waikiki Shore has long been one of Honolulu’s most sought-after addresses, and a year after our last update, it’s clear nothing has changed—except maybe the prices.
A Standout Deal
Unit 418, a fully furnished 2-bedroom, 2-bathroom condo priced at $2.3M, is still on the market. This unit offers views toward the ocean and Fort DeRussy, plus a unique advantage: Waikiki Shore is the only oceanfront condominium in Waikiki with legal vacation rental status.
Market Highlights
In the past year, two prime "00" units (direct oceanfront) have sold for just under $6M and $6.1M respectively, setting price-per-square-foot records rivaling luxury markets nationwide. These sales were driven by overseas buyers, particularly from Japan, who benefit from accelerated depreciation tax advantages in Hawaii.
Current Listings & Price Range
- Studios: starting at $880K
- One-bedrooms: $1.35M to $1.5M
- Two-bedrooms: including Unit 418 at $2.3M
Notably, none of these listings come with parking stalls—making them a high-value commodity. One stall recently sold for $250K, underscoring the premium attached to convenience here.
Why It Matters
For investors and second-home seekers, Waikiki Shore offers a rare combination of location, legal vacation rental income, and prestige. Whether you’re buying for lifestyle or returns, it remains one of Waikiki’s most compelling opportunities.
Contact
For more information on Waikiki Shore or other Honolulu properties, call 808-371-3509.