Looking for a Legal Short-Term Rental Investment in Waikiki?
We're Kristy and Austin Nakamura with Your Oahu Home Team, brokered by eXp Realty. We help clients buy and sell short-term rental investments across Oahu — and this is one of our latest listings. Whether you saw our reel and want the full details on this Waikiki condo, or you're looking for a turnkey income property near the beach, we can help.
The Listing We Featured
The condo in our reel is a fully renovated studio on the 15th floor of the Aloha Surf Hotel in Waikiki — just two blocks from the beach. Here's the quick rundown:
Studio layout, 1 bathroom
322 square feet of living space (367 total sqft with lanai)
15th floor with sweeping city and Ala Wai canal views
Legal Waikiki short-term rental — part of the hotel rental pool
Fully renovated with a clean kitchenette and split AC
On the quiet side of the building — front-row seat to the Friday night fireworks
Fee simple
Maintenance fee $708/month (includes electricity, water, hot water, cable, internet, sewer)
Listed at $350,888
This home is listed by Kristy Lynn Nakamura and Austin Y Nakamura, Your Oahu Home Team at eXp Realty (MLS #202609942).
Why This Condo Works as a Short-Term Rental Investment
Not every Waikiki condo can legally operate as a short-term rental — this one can. Here's what makes it a strong income property:
Legal short-term rental in resort-zoned Waikiki — no gray areas
Part of the building's hotel rental pool, so it stays consistently booked
On-site management handles the day-to-day, making it a truly turnkey investment
Condotel setup gives you flexibility — use it as a personal getaway, a cash-flowing vacation rental, or both
Walkable Waikiki location keeps demand high year-round — two blocks to the beach, steps to dining and shopping
Because it's part of the hotel rental pool with professional on-site management, this is about as hands-off as a short-term rental investment gets on Oahu.
What Comes With Ownership
Owners at the Aloha Surf Hotel enjoy full resort-style amenities and services:
✓ Condo association pool and BBQ area
✓ Fitness room
✓ On-site spa and restaurant
✓ On-site management and rental pool
✓ Community laundry and trash chute
✓ Security with video surveillance and fire sprinklers
✓ Split AC, refrigerator, microwave hood, and cable TV included
✓ Two elevators and a stylish, welcoming lobby
Everything is set up so the unit runs smoothly whether you're on-island or on the mainland.
Get the Full Details on This Waikiki STR
Want the numbers, the supplements, and everything else on this legal Waikiki short-term rental? Fill out the form below and we'll send you the full listing details, comparable Oahu STR investments currently on the market, and answer any questions you have about touring or making an offer.
About the Location — Waikiki
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This condo sits in the heart of Waikiki, Oahu's most recognized visitor destination and one of the strongest short-term rental markets in Hawaii. The Aloha Surf Hotel puts you two blocks from the sand, with the whole neighborhood at your doorstep.
What makes this location work for an STR investment:
Beach: Two blocks to Waikiki Beach and the surf
Views: Sweeping city and Ala Wai canal views from the 15th floor
Dining & shopping: Steps from Waikiki's best restaurants, shops, and nightlife
Getting around: Walkable to bus lines, with easy access across town
Demand: Year-round visitor traffic keeps Waikiki rentals in high demand
Waikiki's steady, year-round demand is exactly what makes a legal short-term rental here so appealing to investors.
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Meet Kristy & Austin Nakamura
We're Kristy and Austin Nakamura, the husband-and-wife team behind Your Oahu Home Team at eXp Realty. Alongside helping families and first-time buyers, we help clients buy and sell short-term rental investments across Oahu.
Austin was born and raised on Oahu. He handles showings, video walkthroughs, and knows the island's neighborhoods inside and out.
Kristy holds a Hawaii broker's license and handles contracts, negotiations, and buyer consultations — known for breaking the process down step-by-step so buyers always know what's next.
If you're weighing a short-term rental investment on Oahu, we can walk you through the numbers, the zoning, the rental pool, and what to expect as an owner — whether it's this Waikiki condo or another opportunity that fits your goals.
Ready to Tour or Have Questions?
Call or text: (808) 670-1548
Email: kristy@youroahuhome.com
Or scroll up and send us a message through the form above
We'll get back to you the same day — usually within a couple hours.
Frequently Asked Questions
Is this a legal short-term rental in Waikiki?
Yes. This condo is in a resort-zoned building and is part of the hotel rental pool, so it can legally operate as a short-term rental in Waikiki.
Does the unit stay rented?
As part of the hotel rental pool with on-site management, the unit stays consistently booked, which is what makes it work as an income property.
How much is the Waikiki STR condo listed for?
The studio at the Aloha Surf Hotel is listed at $350,888 (MLS #202609942).
Can I use it myself as well as rent it out?
Yes. Because it's a condotel, owners can use it as a personal getaway, a cash-flowing vacation rental, or both.
Do you help with other short-term rental investments on Oahu?
Yes. Your Oahu Home Team helps clients buy and sell short-term rental investments across Oahu, not just this listing. Reach out and we'll share options that fit your goals.