This Condominium in the Colony Surf is a Studio 1 Bath Condo with approximately 500 square feet of living area. Take in the breathtaking views of Diamond Head and the Golden Coast of Waikiki, from this newly renovated condo, the front of the unit is lined with sliding windows so you can enjoy an unobstructed view and cool breeze. The unit has everything you will need with, two twin size beds, a full bath, and complete kitchen. The unit is tucked away in a quiet neighborhood of Waikiki, just a walk away from the beach, Waikiki Aquarium, and Kapiolani Park. With captivating views, modern furnishings, and convenient location, COLONY SURF is the perfect vacation hideaway, long term or short term. There are excellent restaurants, Michel’s serving lunch and dinner is in the Colony Surf. The famous Hau Tree Lanai is an open-air restaurant in the New Otani Hotel at 2863 Kalakaua and serves breakfast, lunch, and dinner.. The New Otani has two other nice restaurants ~ the Miyako Japanese Restaurant and the Sunset Lanai. Further west on Kalakaua is Lulu Lulu’s at 2586 Kalakaua open from 7:00 a.m. to 2:00 a.m. Cheeseburger in Paradise is located at 2500 Kalakaua open from 7:00 a.m. to 12 a.m. Duke’s, famous for brunch, tropical beverages and live music, is located at 2335 Kalakaua and open from 7:00 a.m. to 12:00 a.m. You will also find McDonald’s, Burger King and Subway in the same area. The ABC stores are excellent for gifts and snacks. If you enjoy shopping, you will like strolling along Kalakaua where there are many local and international shops selling clothing, jewelry, shoes, and souvenirs. This unit requires a 30 night minimum stay. Enjoy a special beach access through the building. Tax information: Regardless if you rent your property short term or long term, we need to talk about tax obligations that come along with collecting rental income in Hawaii. 1.) On all gross rents received you have to pay 4.5% General Excise Tax (GET). 2.) If you rent 180 days or less per tenant, then you’re obligated to pay an additional 10.25% Transient Accommodation Tax (TAT) 3) UPDATE effective 12.14.2021: OTAT – Oahu Transient Accommodation Tax (Oahu). All rental revenue from rental terms shorter than 180 days (plus cleaning fees collected) is subject to an additional 3% OTAT.