223 Saratoga Road 812, Honolulu HI 96815

This is a lovely fully furnished large studio close to Waikiki Beach and has been used only barely as a second/vacation home. It has not been saleed for years. Formerly known as the Trump Tower Waikiki, the property has been newly rebranded as "Ka Lai Waikiki Beach, " and is part of the LXR Hotels & Resorts, a Hilton Luxury brand, who is upgrading this Five Star property to the next level. The exceptionally low property tax rate is due to the current 'Dedication for Residential Use, ' which allows for saleal terms of 30+ days. If you sale as a short-term saleal (less than 30-day saleal terms) then the property tax rate will revert to the higher Hotel/Resort property tax rate. If the Buyer intends to rejoin the hotel saleal program, then this unit's complete renovation package is estimated to cost $120-140K. The $1,020.07/mo 'other fees' is the special backssment that ends in December 2025 and pays for the common-area renovation upgrades.