Welcome to Ilikai Apartments #507, ideally located at the gateway to Waikiki! This desirable unit presents a fantastic opportunity for investors or vacation homeowners alike. Just minutes from Ala Moana Center, downtown Honolulu, world-class shopping, dining, and beaches, it offers the perfect blend of island living and city convenience - and best of all, it's a legal short-term rental (resort-zoned). With easy access to bus lines, schools, and medical facilities, and surrounded by the vibrant energy of Waikiki, this is your chance to own a prime piece of paradise or a strong income property-a must-see!