WAIKIKI HONOLULU: FOSTER TOWER
Foster Tower is a 25-story residential condominium tower and is one of only two beach front condo buildings in Waikiki. Located directly across Kalakaua Ave., from the Duke Kahanamoku statue and Kuhio Beach, Foster Tower is a pet friendly condo with Studio, 1, 2 and 3 bedroom condos with some units having 180 degree panoramic ocean and Waikiki beach views.
Foster Tower has 24-hour security, a resident manager, guest parking and vacation rentals are permitted with a minimum stay of 30 days. Building amenities include a swimming pool, exercise room and sauna. The building has partially converted from lease hold to fee simple.
There are commercial units in the building with several on the ground level facing Kalakaua Ave., and there are many retail shops, restaurants and activities nearby.
Overall the location, views and relative spaciousness of the units in this building offer the resident / second home owner / investor exceptional short term and long term rental income potential, with the best of Waikiki at your doorstep.
NOTE: Land Use Ordinance 22-7 as amended Ordinance
Short Term Rental(STR) regulations: Anyone selling real property on Oahu must provide the buyer with a short-term rental disclosure form stating whether the property may be legally used for STRs. The STR must be registered to be in compliance with the law.
Foster Tower Owners who are interested in financially benefitting from short term rentals must do their do diligence, as well as, register with the Department of Planning and Permitting
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