2345 Ala Wai Boulevard #1516, Honolulu, HI 96815 (MLS # 202607736)
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An exceptional and rare legal short-term rental 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.
| DAYS ON MARKET | 9 | LAST UPDATED | 4/28/2026 |
|---|---|---|---|
| TRACT | WAIKIKI | YEAR BUILT | 1975 |
| COMMUNITY | Metro | COUNTY | Oahu |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Jefferson |
|---|---|
| Jr. High School | Washington |
| High School | Kaimuki |
| ADDITIONAL DETAILS | |
| AMENITIES | Cable TV, Internet, Sewer, Water |
|---|---|
| AREA | Metro |
| CONSTRUCTION | Other |
| HOA DUES | 540 |
| LOT | 37810 acre(s) |
| LOT DIMENSIONS | 37810 |
| STYLE | HighRise |
| SUBDIVISION | WAIKIKI |
| TAXES | 3031.08 |
| VIEW | Yes |
| VIEW DESCRIPTION | Canal, City |
| WATERFRONT DESCRIPTION | Other |
| ZONING | X2 - Apartment Precinct |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Coldwell Banker Island Prop
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 5/6/26 4:57 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2026 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 5/6/26 4:57 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2026 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2026.