The Block 803 Updates

We wanted to be the first to let you know about changes that took place at The Block 803 Waimanu this past week. LIST International, our parent company to LIST Sotheby's International Realty and co-developer, moved to an investor position and now takes the role as a lender rather than co-developer. Developer, Franco Mola of MJF Development Corporation remains the sole developer. Oceanfront Sotheby’s International Realty graciously stepped in to assist as the Listing Broker and will represent the project. We are all working together to realize a seamless transition and will continue to help with the sales to successful completion.

Sales Activity Update

There are no expected delays and we have seen a surge in activity and sales with the anticipated second phase of HHFDC units coming on line for sale. The HHFDC units will be released soon and with the extensive advertising push planned, we anticipate a sellout of all remaining HCDA units before the HHFDC units. Please be reminded that all the HCDA units have a parking stall, the remaining units do NOT have a shared appreciation and only have a 5-year buyback restriction. 62 out of 77 HHFDC units do NOT come with a parking stall, all units have a shared appreciation and a 10- year restriction. There are less than 25 HCDA units left and the lowest unit available for sale is only $350,500! Please call and take advantage of this rare and limited opportunity! Click here to learn more about the qualifications and restrictions on both programs. Another project that you may want to know about is, 'A’ali’i at Ward Village (Click Here); A Comparison Chart on the 'A’ali’i vs The Block (Click Here). We can assist you on both projects and help you figure out which new development or resale is right for you!

If you are interested in The Block 803 here is a list of what you need to secure a unit:

Pre-Qualification Letter from a Project Lender
Honolulu Home Loans
American Savings Bank
Notarized Affidavit of Eligibility to Purchase
Notarized Affidavit of Intent to Purchase and Reside
$500.00 check written out to Title Guaranty
Valid Photo ID

If you are interested please give us a call, email or text right away. We can answer your questions and help you secure your new home…before it’s SOLD!