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Presented by: Hawaii Living LlcPowered by Highrises
For Sale

$460,000

$20k

223 Saratoga Rd Unit 812, Honolulu, HI 96815

  • 0Bed
  • 1Bath
  • 557SqFt
  • 0Bed
  • 1Bath
  • 557SqFt
  • Property Type
    Condo
  • Year Built
    2009
  • Price per Sqft
    $826
  • On highrises
    79 Days

Property Details

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.

Property Features

Bedrooms

  • Bedrooms: 0
  • Presented by:
  • George Krischke
  • state license#RB-18610

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