A 2-bedroom option is hard to find at an affordable price in Waikiki.
Most condo buildings here lean heavily toward studios and one-bedrooms, so 2-bedroom condos in Waikiki are limited and tend to book out early.
A few hotels, like the Sheraton Waikiki’s Ohana Suite, do have real 2-bedroom suites — but the price puts them out of reach for most travelers.
A condo gets you the same two bedrooms for less than a comparable hotel suite, plus a full kitchen and in-unit laundry that let you stay like you live there.
This guide covers what each 2-bedroom condo offers, who it suits, and what to expect before you book — especially for families and groups planning a Waikiki trip.
What You Actually Get with a 2-Bedroom Condo
A 2-bedroom condo means two separate, enclosed bedrooms — each with a door that closes — sharing one kitchen and living room.
That’s different from a hotel room with extra beds crammed in: two groups within the same party (parents and kids, or two couples) each get a private room to close the door on, while the kitchen and living room stay shared.
That shared kitchen turns into part of the trip itself — picking up local produce and fish at a nearby market, cooking a meal together, and sitting down to eat as a group, which also cuts down the cost of feeding everyone at restaurant prices.
See our guide, What to Eat in a Hawaii Condo: Easy Meals & Local Grocery Tips, for where to shop and what’s easy to make.
Hawaiian Monarch — 2-Bedroom Penthouse
Hawaiian Monarch sits at the entrance to Waikiki on Niu Street, off Kalakaua Avenue, along the Ala Wai Canal — across from Fort DeRussy Park and a short walk to the beach at Hilton Hawaiian Village.
It’s a residential condominium building with unit types ranging from studios on the lower floors to 2- and 3-bedroom penthouse-floor corner condos on the upper levels — privately owned rather than hotel rooms, so there’s no front desk, daily housekeeping, or concierge; the experience is more residential than resort.
The 2- and 3-bedroom units feature panoramic views, full kitchens, in-unit washer/dryers, and central air conditioning.
Paid parking is available in the building.
Read the full review for more details about Hawaiian Monarch.
Hawaiian Monarch — 2-Bedroom: Check availability →
Hawaiian Monarch — 3-Bedroom: Check availability →
Waikiki Penthouse at Imperial Hawaii Resort — 2-Bedroom Penthouse
Waikiki Penthouse is a two-story penthouse condo on the 28th floor of Imperial Hawaii Resort on Lewers Street, in the center of Waikiki — on the same block as Sheraton Waikiki and Halekulani Hotel, surrounded by the restaurants and shops of Waikiki Beach Walk, with Waikiki Beach a short walk away.
It’s a privately owned condo rather than a hotel room, so there’s no daily housekeeping during the stay.
The unit has two bedrooms, 1.5 bathrooms, a kitchenette with dining area, and a dedicated laundry room.
It’s the only unit like it in the building, rather than one of several floor plans. The living room sits at the top of the two-story layout with balconies facing both east and west, so both the sunrise over Diamond Head and the sunset over the Pacific are visible from the unit.
Valet parking is available.
Read the full review for more details about Waikiki Penthouse.
Waikiki Penthouse: Check availability →
Ilikai — 2-Bedroom Penthouse
Ilikai is a hybrid condo-hotel building at 1777 Ala Moana Boulevard, at the western end of Waikiki, overlooking the Ala Wai Yacht Harbor — adjacent to Duke Kahanamoku Lagoon and Waikiki Beach, with Ala Moana Center about half a mile away.
Some units are part of a hotel rental program, while others are privately owned and rented out separately as vacation rentals — these don’t include daily housekeeping.
Unit types range from studios on the lower floors to 2- and 3-bedroom penthouse-style units with ocean views on the top floor.
Ilikai sits next to Hilton Hawaiian Village, so from an ocean-facing unit, you can enjoy the resort’s Friday fireworks show.
The 2-bedroom penthouse unit has 2 bathrooms, a full kitchen, and an ensuite washer/dryer. Both valet and self-parking are available.
A Few Things to Know Before You Book
Check-in and key access vary by property, and it’s common not to receive one key per guest, so it’s worth planning ahead if your group splits up during the day.
It’s also standard security practice at privately owned buildings to register every guest’s name with the host in advance — unregistered guests can be denied access to shared amenities like the gym, even during a legitimate stay.
Send the host your full guest list as soon as it’s finalized.
Stay with Ocean Vibe Hawaii
Every family or group traveling together has different priorities for a trip like this — for one, staying as close to the beach as possible matters most; for another, it’s keeping costs down.
Finding the 2-bedroom that actually matches yours starts with knowing what each one offers.
The Waikiki Penthouse suits a group that wants to be right in the heart of Waikiki, close to the beach.
Hawaiian Monarch suits a group watching their budget, and it’s the only one of the three with a 3-bedroom option if more space is needed. Ilikai suits a group that wants to be right on the water, overlooking the marina and ocean.
- Hawaiian Monarch — 2-Bedroom: Check availability →
- Hawaiian Monarch — 3-Bedroom: Check availability →
- Waikiki Penthouse: Check availability →
- Ilikai: Check availability →
Want ideas for how to spend your days in Waikiki? See our guide to things to do in Waikiki.
For a group activity worth building a memory around, see our guide to the best luau on Oahu.