LEGAL VACATION RENTAL! Welcome to your ideal Waikiki investment or island getaway at the iconic Hawaiian Monarch. This well-maintained 11th-floor unit faces the ocean, overlooks Fort DeRussy Park, and offers the perfect blend of comfort, convenience, and value in the heart of Waikiki. Whether you’re looking for a turnkey short term rental, vacation retreat, or entry into the Waikiki market, this unit checks all the boxes. Enjoy resort-style amenities including a pool, hot tub, BBQ area, fitness center, and on-site dining. Just minutes from world-famous Waikiki Beach, Ala Wai Canal, Ala Moana Center, and a variety of shops, restaurants, and entertainment options—this location truly puts the best of Honolulu at your doorstep. Fee is available for sale for $74,700 as of April 2026, increasing by $155 each month until in contract. Can close simultaneously to make it fee simple! Don’t miss this opportunity to own in a high-demand building with strong rental income potential. Reach out for the income statements and schedule your showing today!