We are taking backup offer. Current buyer doing 1031. your sanctuary in the heart of Waikiki - a legal short-term vacation rental promising a seamless blend of luxury and opportunity. This extraordinary one-bedroom unit, perched on a high floor, unveils breathtaking ocean views over Fort DeRussy Park. Enjoy the convenience of a rare garage parking space and a spacious locker, mere steps away from the famed Waikiki beach, Ala Moana Shopping Center, and lively Kalakaua Avenue nightlife. Immerse yourself in a rich history that awaits your takeover. The fully equipped kitchen, tasteful furnishings, and private lanai make this haven not just a home but a potential rental powerhouse. A separate laundry room and access to Luana Waikiki's amenities, including a fitness center, pool, and BBQ grills, add to the allure. The maintenance fee covers electricity and internet, ensuring worry-free living. Seize the opportunity today and envision a seamless transition with a new management company charging only 35% after April 1, 2024 (compared to the standard 40% for studios) for Hotel Pool placement. Request details and a notice letter - your slice of paradise awaits!