Built in 1968, the Ilikai Marina building currently has 5 units for sale, ranging in price from $250,000 - $999,999. Located in the Waikiki neighborhood, there have been 4 sales in the last 60 days, with a median sold price of $560,000.

These units sold in 43 days on average. Building amenities include whirlpool, security guard, pool on property, community laundry, trash chute, resident manager, restaurant.

Nearby Condos

• Ilikai Apt Bldg (1965)
• The Ritz-Carlton Residences - 383 Kalaimoku (2014)
• The Ritz-Carlton Residences Twr 2 - 383 Kalaimoku (2018)
• Waikiki Banyan (1977)
• Island Colony (1979)

The Ilikai Marina is a condominium located in Waikiki, Honolulu, at 1765 Ala Moana Boulevard. This high-rise building is situated near the entrance to Waikiki, directly on the Ala Wai Yacht Harbor.

Condo Features and Amenities

The Ilikai Marina features a mix of studios and one-bedrooms. Many of the units offer views of the ocean, harbor, or cityscape. The building is known for its large windows that provide natural light and enhance the living environment.

Amenities at the Ilikai Marina include:

• Fitness Center: A gym with basic exercise equipment.
• BBQ Area: Outdoor grilling facilities.
• 24-Hour Security: Security services available around the clock.
• On-Site Parking: Parking options for residents and guests.
• Chart House Waikiki Restaurant is Located downstairs. Owner by Famous Surfer Joey Cabell.

Investment Potential: Short-Term Rentals

The Ilikai Marina allows legal short-term vacation rentals. This feature makes it a viable option for investors interested in capitalizing on the tourism market in Waikiki. Units can be rented on a nightly basis through platforms such as Airbnb and Vrbo. Potential rental income varies and is subject to market conditions and other factors.

Leasehold Ownership

It is important to note that many units in the Ilikai Marina are leasehold properties. In this arrangement, the buyer owns the unit but leases the land from a landowner. The lease term and lease rent should be reviewed carefully, as they impact the overall cost of ownership and the property's long-term value.

Nearby Attractions

The Ilikai Marina is located near several notable attractions:

• Waikiki Beach: A short distance away, offering access to the beach and various water activities.
• Ala Moana Center: A large shopping mall located nearby, featuring a variety of stores and dining options.
• Ala Moana Beach Park: A park with open spaces and recreational facilities.

Owners can Access the Ilikai Marina AOAO Website