Exceptional opportunity to own a legal short-term rental in

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Condo For Sale

134 Kapahulu Avenue unit: 518

Honolulu, Hawaii 96815

Island of Oahu

Community: WAIKIKI

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$450,000 0 br, 1.0 bath 363 sq. ft. 0.000 acres

Exceptional opportunity to own a legal short-term rental in Waikiki. Perfectly positioned on the Kapiolani Park/Honolulu Zoo side of Waikiki, this property offers guests unbeatable access to world-famous beaches, Diamond Head, dining, and outdoor activities. This well-maintained unit features one of the larger floorplans, providing a comfortable and spacious layout that stands out from many other units in the development. With a proven track record of strong rental income and consistently high occupancy, this property presents an outstanding investment opportunity in the heart of Waikiki. This unit offers an interior connecting door to adjoining Unit #519, which is also available for sale. Together, the two units can be combined to create one of the largest living spaces in the building, offering tremendous flexibility for investors seeking to maximize rental potential or owners who want the option of a larger Waikiki retreat. Whether you're looking for a high-performing investment property or a versatile island getaway with income potential, this rare opportunity at the Waikiki Grand Hotel delivers location, flexibility, and proven returns.

Interior:
  • Bedrooms: 0
  • Baths: 1.0
  • Sq Ft: 363
  • Year Built: 1963
  • Utilities: 
  • Fireplaces: 
  • Stories: 3
  • Heat/AC: 
  • Garage: On Street
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: City
  • Yard: 
  • Siding: Concrete
  • Roof: 
  • Property Taxes: $5,842
  • MLS #: 202605385
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Contact Information:
Beach Condo For Sale in Honolulu, Hawaii
Listing Agent: Michael Shower, Compass, 808-375-4811, 808-825-4277 Listing Site, Listing Status: Active
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7388086
Viewed 48 times.
Updated: Mar 11, 2026

This property is a Condo located at 134 Kapahulu Avenue unit: 518, Honolulu, Hawaii 96815, and is currently For Sale at $450,000. This Condo has 0 bedrooms, 1.0 baths, 363 sq ft.