Need Advice on property in Hawaii

[Kyle Tamraz]

Hello! I am in a situation that I would love some guidance, feedback, and your thoughts. 

  Quick info Location: Waikiki, HI Size: 2 Bed 2 Bath 820 sqft  HOA: $1,200 Special Assessment: $1000 per month for next 8 years ($122,000 total) (started in October 2025)  Loan type: 15yr fixed loan at 3% Remaining Balance: $250,000 Original Balance: $430,000 Home Value: $500,000   I purchased a 2 bed 2 bath condo in 2020 with a 3% interest rate in Waikiki back in 2020 with the intentions of renting it out as a STR/LTR. Currently, I live in it and pay $4,300 for it a month... including mortgage, HOA and special assessment. I just go done paying a special assessment in June 2025 that I paid for 18 months that was another $600 a month. My property has absolutely no amenities, other than 1 outside, unsecured parking stall. My goal was to hold onto the property and pay it off asap, but with this special assessment I feel like I am losing on a lot of money. I also know I would take a big cut selling it with the special assessment fee. What would you do? All feedback is appreciated!   If there's any information that is needed please let me know! 

Mahalo!