1850 Ala Moana Boulevard 816, Honolulu, HI 96815

• 1 bath |
• 321 sqft

Property Description

Unit 816 at the Palms at Waikiki offers a rare opportunity to own a legal, turnkey short-term rental with strong income history and deeded parking. One of the larger studio layouts in the building, this fully renovated unit is ready for immediate use and can be self-managed or placed into the hotel rental pool. The southeast-facing orientation captures views of Diamond Head, ocean, city Skyline, which consistently appeals to guests and supports strong nightly rates. The unit has a proven performance record, generating approximately $63,000+ in annual gross income with a 4.96-star rating, over 80 reviews, and roughly 90% occupancy. Renovated in 2020 as part of the hotel refresh program, the unit features custom upgrades that set it apart from standard inventory. Owners and guests enjoy access to quaint hotel amenities including a pool, BBQ area, fitness center, laundry facilities, front desk services, bell service, and 24-hour security. Located at the gateway to Waikiki and just blocks from Kahanamoku Beach, shopping, dining, and world-class resorts, this property offers flexibility for continued rental income, personal use, or future resale of a high-demand condotel with parking.

Listing Status:

Active

Date Added:

January 26, 2026

Data Last Updated:

February 15, 2026 at 4:18AM

Listing Office:

BHGRE Refined : (808) 260-9888

MLS ID:

202601604

Interior

• General: Bedroom on Main LevelFull Bath on Main LevelHandicap Access
• Flooring: CarpetCeramic Tile
• A/C: Central Air

Exterior

• Parking: AssignedCoveredOne SpaceSecuredParking spaces: 1

Construction

• General: ConcreteOne

Location

• HOA Amenities: Common AreasCable TVElectricityHVACHot WaterInternetSewerWater
• Originating MLS: HICMLS
• County: Oahu

Lot

• Zoning: 1-2-6-012-003-0170
• View: CityMountain(s)OceanView

Financial

• Source: HICMLS