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It is definitely a seller's market right now, but that's not to say there aren't some great deals out there! Here are 10 fee simple condos under $100,000…But what's the difference between fee simple and leasehold? A fee simple condo is the most familiar form of ownership to buyers, they are given a title of the property which includes the land and any improvements to the land in perpetuity. Leasehold buildings reside on leased land. As an owner of a leasehold condo you do not own the land, instead you have a right to use the land for a pre-determined amount of time. Here are the top 10 cheapest fee simple condos available on Oahu.
85-175 Farrington Highway, C115 - Waianae, HI 96792 $62,900
Convenient ground floor unit with breathtaking salt-water pool and ocean views! The studio is complete with highly upgraded built-in cabinets, bathroom vanity, laminate floor, carpet, garbage disposal, water heater, awning windows, tinted sliding glass door, air conditioner and fresh paint. Two salt-water pools, private lagoon, exercise room, his /hers saunas, two laundry rooms and a small store. Your own private resort! Property listed by Foster Realty, Inc.
85-175 Farrington Highway, C432 - Waianae, HI 96792 $69,000
Exceptional fee simple, beachfront condo complex on Oahu with panoramic mountain and partial ocean views. Located on the top floor and trade wind side of building, no stair climbing needed as parking and elevator are on the 3rd floor. There is plenty of guest parking and easy beach/ocean access. There are three pools, and one is large enough to swim laps. The unit is furnished and ready to move in ASAP. Newer tile, carpet and air conditioning. In escrow but continue to show! Property listed by Waianae Coast Realty.
85-175 Farrington Highway, C331 - Waianae, HI 96792 $69,000
Priced to sell! This is a great value at Makaha Surfside with coastline, ocean and golden morning sunrise views. Excellent tenant living in the unit since 2007, rent paid in full and on time each month, pleasure to work with. Current monthly rental income at $850. Property listed by Scully Rogers Ltd.
85-175 Farrington Highway, B125 - Waianae, HI 96792 $75,000
Excellent oceanfront, ground floor one bedroom and one bath unit with two parking stalls priced to sell. The complex has many amenities: 24-hour security, two swimming pools, sauna, fitness center, community laundry facilities and outdoor BBQ area. Walking distance to the beach and man-made lagoon. Seller is doing a 1031 exchange with no additional cost to buyer. Property listed by Inga's Realty, Inc.
85-175 Farrington Highway, C225 - Waianae, HI 96792 $79,500
The best deal in town - rare studio unit with direct ocean view, fully furnished second floor unit with one assigned parking stall. The complex has 24-hour security, two pools and sauna fitness center, community laundry facilities and outdoor BBQ area. Convenient access – only thirty minutes to Ko’Olina and Disney resorts, and another 10 minutes to Kapolei – with movies, dining, Walmart, K-Mart, Target and more. Sold “as is”. Property listed by West Oahu Realty, Inc.
85-175 Farrington Highway, C426 - Waianae, HI 96792 $80,000
Rarely available, direct oceanfront, end unit PLUS two parking stalls! Fully furnished fourth floor studio has awesome ocean and sunset views. This gem is located near the new Disney Resort with fine dining and shopping. Great price, good condition – sold “as is”. Property listed by Shellz Ohana Realty LLC.
94-133 Pupupuhi Street, 103 - Waipahu, HI 96797 $90,000
Calling all investors! This unit is priced to sell quickly. Great cash flow unit - previous tenant was paying $950/month. This condo is within walking distance to restaurants and a shopping center. Close to bus stop and the future rail stop. Property listed by Brinkman Properties LLC.
53549 NE Kamehameha Highway, 711 - Hauula, HI 96717 $95,000
This beachfront, renovated studio with wet bar, laminate floors and fridge is a great deal! Spectacular sandy beach and majestic mountain views studio with floor to ceiling contemporary jalousie windows, large closet storage, coin operated laundry, new drapes and steps to the beach and pool. Secure building with resident manager and patrol. Sandwich Lease is $31/month ends in 2023. Property listed by Mokulani Properties, Inc.
84680 W Kili Drive, 104 - Waianae, Hi 96792 $95,000
Tenant occupied studio on the first floor by the elevator. Convenient unit for elderly, no elevator needed. Property listed by Waianae Coast Realty.
53-549 Kamehameha Highway, 213 - Hauula, HI 96717 $99,900
Your beachfront getaway awaits! Sit under the trees or swim and snorkel in the ocean, just steps away from your cozy condo. Secure fee simple building with resident manager, swimming pool, BBQ's and community laundry. New windows and drapes. Sandwich lease rent of $30.31/month disappears in 2021. Maintenance fee includes utilities and one open parking. Property listed by Century 21 All Islands.
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