Island Colony Unit 1514 in WAIKIKI
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Bedrooms
1
Bathrooms
420
Sqft
15
Floor
1979
Year Built
0
Parking
Data Discrepancies
Flood Zone
MLS lists flood zone AE, but the current effective FEMA map (June 10, 2026) shows AO. The MLS value may predate the map update — verify before relying on it.
Heated Pool
Building has a heated pool, but listing does not mention it
Parking
Building offers parking (covered, guest) but listing shows none. Parking may have been omitted because it requires waitlist and $35.00/mo fee - not guaranteed with unit.
Unconfirmed Features
Listing mentions features not confirmed by building records: Doorman
Unlisted Building Features
Building has features not mentioned in listing: Bike Storage, Resident Manager, Restaurant, Storage, Tennis Court
Description
In a building where studios trade on view and floor, unit 1514 trades on a different metric: dollars in versus dollars out. It's priced to be one of the strongest yield plays at Island Colony right now. The west-facing exposure puts the Ala Wai Canal directly below the lanai and the sunset directly in front of it—the kind of evening view guests pay nightly rates to sit in front of. Inside, the unit is ready for the next operator. No punch list, no staging budget, no soft-launch period—already furnished and producing from week one. Two of the line items that typically erode returns in older Waikiki buildings—aging plumbing and missing fire suppression are already handled here. Island Colony is among the last buildings on Oahu where short-term rentals remain legally permitted, with the 6th-floor amenity deck (pool, hot tub, sauna, gym, BBQ) and a five-minute distance to world-famous Waikiki Beaches, the International Market Place, and Kalakaua Avenue's night-life doing the heavy lifting on guest demand and return bookings for years to come.
Views
Features
Amenities
Inclusions
Schools
Elementary: Jefferson
Middle: Washington
High School: Kaimuki
Lot & Legal
Building Features
Listing History
- Jul 17, 2026Price reducedto $315,000
- May 28, 2026Active
- May 28, 2026Listedat $335,000
- Apr 20, 2026Off-Market
- Oct 24, 2025Listedat $350,000
- Apr 16, 2025Listedat $365,000
Includes all MLS listings of this same physical unit (matched by TMK).
Ownership History
- August 24, 2021Apartment Deed
- August 12, 2020Apartment Deed
- August 12, 2020Apartment Deed
- June 19, 2006Apartment Deed
- May 5, 2006Deed (Reg)
- August 16, 1988Assumption Of Lease
- August 1, 1988Assumption Of Lease
- May 12, 1988Assumption Of Lease
- —MLS 202117788Sold
- —MLS 202115349Cancelled
- —MLS 201933811Sold
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