134 Kapahulu Avenue 518Honolulu, HI 96815

Exceptional opportunity to own a legal short-term rental in Waikiki. Perfectly positioned on the Kapiolani Park/Honolulu Zoo side of Waikiki, this property offers guests unbeatable access to world-famous beaches, Diamond Head, dining, and outdoor activities. This well-maintained unit features one of the larger floorplans, providing a comfortable and spacious layout that stands out from many other units in the development. With a proven track record of strong rental income and consistently high occupancy, this property presents an outstanding investment opportunity in the heart of Waikiki. This unit offers an interior connecting door to adjoining Unit #519, which is also available for sale. Together, the two units can be combined to create one of the largest living spaces in the building, offering tremendous flexibility for investors seeking to maximize rental potential or owners who want the option of a larger Waikiki retreat. Whether you’re looking for a high-performing investment property or a versatile island getaway with income potential, this rare opportunity at the Waikiki Grand Hotel delivers location, flexibility, and proven returns.