Ilikai Apt Building Unit 1518 in WAIKIKI
View all 23 photos2
Bedrooms
2
Bathrooms
1,240
Sqft
15
Floor
1965
Year Built
0
Parking
Data Discrepancies
Flood Zone
MLS lists flood zone X, but the current effective FEMA map (June 10, 2026) shows AE. The MLS value may predate the map update — verify before relying on it.
Parking
Building offers parking (assigned, covered, guest, valet) but listing shows none. Parking may have been omitted because it requires $1.00/mo fee - not guaranteed with unit.
Unconfirmed Features
Listing mentions features not confirmed by building records: Walking/Jogging Path
Unlisted Building Features
Building has features not mentioned in listing: BBQ, Doorman, Resident Manager, Storage
Description
This rare, double-unit legal vacation rental boasts a proven track record, generating an average annual gross income of approximately $247,000. You are investing in a property and a cash cow with a ROI in 10-12 years, plus continuous property appreciation. Two adjoining suites seamlessly interconnected into a single space. Live in one side and rent out the other, or Airbnb the entire sprawling two-bedroom, two-bathroom property. Everything comes in twos: two bedrooms, two bathrooms, two kitchens (a full kitchen & a wet bar), two balconies that stare directly into the Pacific Ocean below, two brand-new Mitsubishi split AC systems, two entertainment areas, and two uniquely independent suites. The interior finishes and colors are designed for durability in high-traffic short-term rentals. Cabinetry and sliding glass doors were exclusively designed, custom-crafted and imported. The residence brings Manhattan sophistication to Waikiki Beach, featuring 1,000 sq ft of interior and a 240 sq ft balcony. Set within the iconic Ilikai, this residence occupies a legendary Waikiki oceanfront landmark-one of just two private condominium buildings that grant direct beach access.
Views
Features
Amenities
Inclusions
Lot & Legal
Building Features
Listing History
- Sep 15, 2026Active
- Sep 15, 2026Listedat $2,488,000
Includes all MLS listings of this same physical unit (matched by TMK).
Ownership History
- June 26, 2013Apartment Deednon-market
- May 21, 2010Condominium Deed
- August 6, 2009Condominium Deed
- December 10, 1992Deed (Reg)
- November 7, 1990Deed (Reg)
- April 16, 2010ListedMay 21, 2010
From Honolulu County property records. Non-market transfers (e.g. into a family trust) are noted and excluded from market comparisons.
Listing Details
Property Details
Monthly Costs
All amounts are monthly