In Escrow - Rare Fee Simple Waikiki Residential Development Opportunity - 302 Ohua Avenue

Located within the world-renown resort destination of Waikiki, 302 Ohua Avenue is just minutes away from Waikiki Beach, the Hawaii Convention Center and downtown Honolulu. This property is also convenient for all forms of transportation including cars, trolleys, buses and bikes/electronic bikes/scooters.

This 16,281 square foot, fee simple parcel of vacant land is an exceptional offering for a residential developer to build up to approximately 22 floors of market rate condo units or assisted living residential units with a height limit of 220 feet. In addition, Hawaii remains a competitive, low-inventory housing market and ranks #2 for the most expensive cities to live in the US with an average home price of $1,605,915. This opportunity provides an ideal position to meet this ongoing demand.