PRICE REDUCED! LOWEST PRICE FOR HIGH FLOOR IN ISLAND COLONY! It's a legal vacation rental operating within the Skyline at Island Colony Hotel Rental Program for immediate income potential. Situated in the heart of Waikiki, this unbeatable location is just moments away from shopping, restaurants and the world-famous beaches of Waikiki. Step out onto your nicely sized lanai and enjoy Ala Wai, mountain, city and a hint of ocean views. This studio comes fully furnished and outfitted for seamless vacation rentals including a cooktop, kitchenware, refrigerator and microwave. At the Island Colony recreation deck, take a dip in the large swimming pool, unwind in the whirlpool, or host a barbecue at the BBQ area and dining tables. You'll also find a sauna, an exercise room, and convenient community laundry facilities. For a taste of local flavor, head to the lobby and experience the Forty Niner, a Hawaiian-Style Restaurant. Additionally, the building has completed replacement of drain lines unit is sprinklered. This Island Colony studio offers the perfect blend of prime location, resort-style amenities, and investment potential.