Aloha Surf Hotel listings doubled in November bringing the inventory up to ten condos currently for sale priced at $97K to $188K for studios and $325K for a one-bedroom penthouse. Four of the five new listings are the larger 315—320 sq. ft. studio apartments that feature a wet bar and a 45 sq. ft. lanai.
Aloha Surf Hotel
The building is located at the Diamond Head end of Waikiki adjacent to the Ala Wai Canal at Kanekapolei St., about 3 blocks to the beach. It consists of 205 studios, 6 one-bedroom penthouse units, and 5 commercial spaces. Aloha Surf Hotel units are classified as condotels and are sold on a cash basis only, as there is currently no financing available.
Aloha Surf Hotel lobby
Owners are allowed to reside permanently, or rent their units long or short term. A lot of owners choose to put their units into the hotel rental pool and receive rental income when they are not using it themselves.
Aloha Surf #805
Aloha Surf #805, listed at $154,900, has a nice Ala Wai Canal, golf course, and mountain view with a 320 sq. ft. interior, 45 sq. ft. lanai, and a wet bar.
The highest priced studio listing at $188K is Penthouse A—a 385 sq. ft. studio with 144 sq. ft. lanai and an ocean view. The past 12 months sales activity for studio apartments average listing price is $121K and average sold price is $114K.
You can view the current active Aloha Surf Hotel listings on my Waikiki Condo Vacation Homes property gallery, in addition to other Waikiki condos available for sale.