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Updated 2 hours ago

Envelope Yourself In Luxury At The Watermark Waikiki


1551 Ala Wai Blvd #703 Honolulu, HI

2 Bed
2 Bath

1,115 - 1,196 Sq. Ft.

Available Now
2 Beds • 2 Bath
$4,950
1115 ft2
1 Available
Managed By: Kawakami Property Management, Inc.
-
$4,950
Available Jun 15th, 2026
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2 Beds • 2 Bath
$7,000
1196 ft2
1 Available
Managed By: Elite Pacific Properties - Vacation Rentals
-
$7,000
Available Now
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View Rented Units
2 Beds • 2 Bath
$5,000
Size: N/A
1 Available
Managed By: Lee International Properties
-
$5,000
Available Now
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Where you'll live
Street View
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Amenities
Pool
Bbq Area
Property details
Description

Enjoy exceptional island living in this partly furnished, 1115 sq ft, 2 bedroom, 2 bathroom, 7th floor unit which also features a 76 sq ft lanai with ocean, harbor and Ala Wai views. The gourmet kitchen boasts granite countertops, rich mahogany wood cabinetry, and Viking appliances; refrigerator, glass cooktop, oven, dishwasher and microwave hood. There is also a full sized washer and dryer in the unit. Central AC, water, sewer, basic cable, internet are included, as well as 2 parking spaces with a storage unit in the secure parking structure.
Ideally located close to beaches, dining and world famous Ala Moana Shopping Center.
The Watermark Waikiki amenity area features native Hawaiian plants and landscaping over 4 acres. There are several BBQ areas, an infinity pool with a hot tub, an air conditioned fitness room with saunas, wireless internet in common areas, a pavilion for resident gatherings, a meeting room and a media/library room. The building has 24 hour security, guest parking, a concierge desk, storage for bikes, surf boards and OC-1 canoes.
Available now, no pets are permitted, no smoking on the property is permitted, a 1 year lease is required.

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (808) 739-2323
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Envelope Yourself In Luxury At The Watermark Waikiki by bedroom type below.
2 Bedroom
Suggested income:
$178,200
per year
Rent report

Envelope Yourself In Luxury At The Watermark Waikiki Rent vs. Honolulu Average

 Envelope Yourself In Luxury At The Watermark Waikiki      Honolulu Average
2BR
$4,950
$4,481
$0
$1,650
$3,300
$4,950
$6,600

Envelope Yourself In Luxury At The Watermark Waikiki is asking 10% more than the average 2 bedroom apartment in Honolulu.

If you upsized to an average priced Honolulu 3 bedroom apartment, you would pay 47% more per month.

If you downsized to an average priced Honolulu 1 bedroom apartment, you would pay 75% less per month.

Envelope Yourself In Luxury At The Watermark Waikiki provides 14% more square footage than the average Honolulu 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Envelope Yourself In Luxury At The Watermark Waikiki
2BR $4,950 $4.40 $14,850
Honolulu Average
Studio $1,958 $5.20 $5,874
1BR $2,556 $4.50 $7,669
2BR $4,481 $4.60 $13,442
3BR $8,440 $5.30 $25,320
4BR $21,844 $6.90 $65,532

Availability in Honolulu

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 192 1BR units on the market in Honolulu. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
19% 37% 25% 11% 4%
Available Units in Honolulu
Studio 100
1BR 192
2BR 129
3BR 55
4BR 21
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Stan Sheriff Center 1.8 mi 34 min 11 min 5 min
Nearby Hospitals
Name Distance
Shri NER S Hospital For Children 0.92 mi.
K API Olani Medical Center 0.94 mi.
Straub Clinic And Hospital 1.32 mi.
Nearby Fire Stations
Name Distance
Honolulu International Airport Aircraft Rescue Fire Fighting 1.61 mi.
Honolulu Fire Department 1.65 mi.
Honolulu Fire Department 4.83 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on June 15, 2026.
What's the square footage of the available units?
It's 1,115 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Envelope Yourself In Luxury At The Watermark Waikiki has a 2 bedroom unit starting at $4,950.
Where is this property located?
This property is at 1551 Ala Wai Blvd #703 in Honolulu, HI. It's 1.8 miles southeast from the center of Honolulu.
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