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The Palms

The Palms

The Palms
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

431 Nahua St
Honolulu, HI 96815
140 Units
16 Stories
1968 Year Built
$384K - $1.2M Value Range

Available Units

For Sale
For Rent

Highlights

  • Ocean View
  • Fitness Center
  • City View
  • Community Pool
  • Business Center
  • Elevator

A Waikiki landmark since 1968

The Palms, a 16-story condominium building completed in 1968, stands as a longstanding fixture in the heart of Waikiki. With 140 units, this mid-rise offers residents a prime location in one of Honolulu's most vibrant neighborhoods. The building's simple, modern design features a grid-like pattern of balconies, blending seamlessly with the surrounding urban landscape while providing residents with outdoor spaces to enjoy the tropical climate.

Diverse layouts with panoramic views

The Palms offers a range of unit sizes to suit various needs, from cozy studios to spacious three-bedroom apartments. The smallest units, at 615 square feet, feature one bedroom and one bathroom, with prices starting around $420,000. These efficient layouts make excellent use of space, often including in-unit washer/dryers for added convenience. Two-bedroom units, ranging from 824 to 1,032 square feet, come with two bathrooms and are priced between $490,000 and $540,000. These apartments often boast updated features such as vinyl flooring, newer cabinets, and stylish lighting fixtures. Many units in this category offer views of the Ala Wai Canal and the surrounding mountains, creating a serene backdrop for daily life. For those seeking more space, the three-bedroom units are the crown jewels of The Palms. Spanning 1,661 to 1,804 square feet, these expansive residences are priced from $920,000 to $1,180,000. These premium units often feature wrap-around lanais, providing panoramic views that stretch from the mountains (Mauka) to the ocean (Makai). Some penthouse units boast skylights, flooding the interiors with natural light and enhancing the sense of spaciousness. Many units throughout the building have been renovated over the years, with some featuring modern touches like granite countertops, stainless steel appliances, and updated bathrooms. Large sliding glass doors in most units lead to private lanais, perfect for enjoying morning coffee or evening cocktails while taking in the views of Waikiki's bustling streets or the tranquil Ala Wai Canal.

Tropical relaxation and urban convenience

The Palms offers a selection of amenities designed to enhance the Waikiki lifestyle. The building's swimming pool provides a refreshing retreat from the Hawaiian sun, while the adjacent recreation deck with BBQ grills creates an ideal space for outdoor gatherings and social events. For those who enjoy an active lifestyle, the fitness center allows residents to maintain their workout routines without leaving the building. The property is also pet-friendly, a rarity in many Waikiki condominiums, making it an attractive option for animal lovers. Security is a priority at The Palms, with features including a security system and on-site resident manager. The property also offers a business center for those who need a quiet space to work or hold meetings. Parking, often a challenge in bustling Waikiki, is addressed with assigned covered parking spaces for residents. Some units even come with storage areas off the lanai, providing valuable extra space in the urban setting. The building is equipped with elevators for easy access to all floors, and many units feature window air conditioning units, providing relief from the tropical heat. Laundry facilities, including in-unit washer/dryers in many apartments, add to the convenience of daily life at The Palms.

The pulse of Waikiki at your doorstep

The Palms sits at the epicenter of Waikiki's vibrant energy, offering residents immediate access to world-renowned attractions and local favorites alike. Just steps away, the International Market Place stands as a hub of shopping and dining, featuring a diverse array of stores and restaurants. The newly opened Waikiki Market, located across the street, provides convenient access to groceries and everyday essentials. Beach enthusiasts will appreciate the proximity to Waikiki Beach, a mere two blocks away. This iconic stretch of sand offers opportunities for surfing, sunbathing, and people-watching, embodying the essence of Hawaiian beach culture. For those seeking a more tranquil beach experience, the less crowded Fort DeRussy Beach Park is within a 15-minute walk. Culinary options abound in the neighborhood. From local favorites like Marugame Udon and Musubi Cafe IYASUME to upscale dining experiences at nearby hotels, the area caters to all tastes and budgets. The Royal Hawaiian Center, a short walk away, houses luxury brands and fine dining establishments, while the upcoming Target store promises to add even more convenience to daily life. Nature lovers can enjoy the expansive Kapiolani Regional Park, located about a mile from The Palms. This 300-acre park offers tennis courts, sports fields, and walking paths, as well as hosting the Honolulu Zoo and the Waikiki Aquarium. The iconic Diamond Head State Monument, with its popular hiking trail and panoramic views, is also within reach. For everyday needs, residents have easy access to a variety of services. Longs Drugs is within walking distance for pharmaceutical needs, while several convenience stores, including ABC Stores, are scattered throughout the neighborhood. Fitness enthusiasts can take advantage of nearby gyms like Fit Waikiki, or enjoy outdoor workouts along the Ala Wai Canal promenade. The neighborhood's central location also puts residents in proximity to cultural attractions like the Hawaii Convention Center and numerous art galleries. Regular events, such as the Waikiki Spam Jam food festival and the Honolulu Festival, add to the area's vibrant community spirit.

Connected to Waikiki and beyond

The Palms benefits from its central location in Waikiki, offering residents multiple transportation options. The area's high walkability means many daily needs can be met on foot, with numerous shops, restaurants, and services within a short stroll. For those venturing further, Honolulu's robust bus system, TheBus, provides extensive coverage. Several bus stops are located within a five-minute walk of The Palms, offering routes that connect to key destinations across Oahu. The Kuhio Ave & Walina St stop, less than a quarter mile away, serves multiple lines including the Ala Moana-Sea Life Park route and the Ewa Beach-Waikiki line. Cycling enthusiasts will appreciate the area's bike-friendly infrastructure. The Biki bike-share program has stations throughout Waikiki, offering an eco-friendly option for short trips. Dedicated bike lanes on many streets make cycling a viable option for both commuting and leisure. For those with cars, The Palms provides assigned covered parking, a valuable amenity in parking-scarce Waikiki. Major thoroughfares like Ala Moana Boulevard and Kalakaua Avenue are easily accessible, connecting residents to other parts of Honolulu. The H1 Interstate, located just north of Waikiki, provides quick access to other areas of Oahu. Air travelers will find the location convenient, with Daniel K. Inouye International Airport about a 20-minute drive away. Taxis and ride-sharing services are readily available in the area, offering another option for airport transfers or trips around the island. The combination of walkability, public transit options, and strategic location makes The Palms an excellent choice for those seeking a well-connected urban lifestyle in the heart of Waikiki.

Available Condos

Building Details

Views

  • Ocean
  • City
  • Mountain

Recreation

  • Fitness Center
  • Community Pool

Outdoor Features

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch

Amenities

  • Business Center
  • Meeting Room
  • Security Guard
  • Resident Manager or Management On Site
  • Card or Code Access

Parking

  • 1 Parking Garage Space Per Unit
  • 1 Car Garage
  • Assigned Parking

Pet Policy

  • Call for details about the types of pets allowed

Condo Association

  • Association fees include common areas, cable TV, electricity, hot water, internet, sewer, taxes, water
  • Palms Inc Condos
  • Waikiki Subdivision

Building Design

  • High-Rise Condominium
  • Trash Chute
  • Elevator

Unit Information

Unit
PH2
Beds
2 Beds
3 Beds
Baths
2 Baths
2 Baths
Sq Ft
824
1,661
Price
$499,000
$988,000
Price / Sq Ft
$606 / Sq Ft
$595 / Sq Ft
List Date
01/10/2025
10/30/2024

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
615 - 950
Est. Values
$383,725 - $875,259
2 Bedroom Units
Sq Ft Range
824 - 1,032
Est. Values
$439,952 - $616,665
3 Bedroom Units
Sq Ft Range
1,661 - 1,804
Est. Values
$996,105 - $1,227,773
All Units
Sq Ft Range
615 - 1,804
Est. Values
$383,725 - $1,227,773

Map

Area Factors

Low Crime

Crime Score®

3 / 10

Biker's Paradise

Bike Score®

97 / 100

Walker's Paradise

Walk Score®

91 / 100

Good Transit

Transit Score®

64 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$428K - $1.2M
Range of Taxes in Building
$183 - $4,709
Range of Taxes per Sq Ft
$0.22 - $2.84

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Developer
PALMS DEVELOPMENT CO
Property Management
Hawaiiana
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.