74-5618 PALANI RD #M6, Kailua-kona, HI 96740
74-5618 PALANI RD #M6, Kailua-kona, HI 96740
74-5618 PALANI RD #M6, Kailua-kona, HI 96740
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$149,500
Est. payment /mo
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1 Bed
1 Bath
535 SqFt
New

74-5618 PALANI RD #M6 Kailua-kona, HI 96740

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 535 sqft

Price per Sqft $279

Subdivision Kona Industrial Subdivision

MLS Listing ID 730805

Bedrooms 1

Full Baths 1

HOA Fees $625/mo

HOA Y/N Yes

Rental Info 323

Year Built 1969

Annual Tax Amount $1,429

Tax Year 2023

Property Sub-Type Condominium

Source Hawaii Information Service

Property Description

This is a leasehold property.
CASH BUYERS ONLY
Step into opportunity. Beautifully remodeled 1 bedroom, condo with courtyard views and a desirable Kona location. Currently a Popular and Profitable STVR with 2023 Gross rental income over $55,000.
KEY FEATURES:
PRIME LOCATION: Situated in the heart of Kailua-Kona, this condo offers unparalleled access to pristine beaches, vibrant nightlife, and shopping/dining options. Guests will delight in the convenience of exploring the area's top attractions within minutes.
EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek bamboo floors in the kitchen to designer fixtures, every detail has been carefully chosen to offer an interior space comfort, and function.
ACCOMMODATIONS: With a large bedroom, residents can unwind in comfort in the bedroom, which has a large closet and an individual air conditioner.
KITCHEN: Fully-equipped kitchen, complete with new appliances, quartz countertops, and ample cabinet space.
AMENITIES: A sparkling swimming pool, laundry center, assigned parking, and lush tropical landscaping.
Whether seeking a lucrative investment opportunity or a personal retreat, this condo offers the best of both worlds. With a proven track record as a profitable vacation rental, you can maximize your returns while enjoying the flexibility to escape to paradise whenever you desire.

Location

State HI

County Hawaii Island (big Island)

Community Kona Industrial Subdivision

Area Hi

Building/Complex Name Kona Kai

Zoning CV-10

Region North Kona

City Region North Kona

Interior

Flooring Carpet, Hardwood

Appliance Microwave, Range, Refrigerator

Exterior

Parking Features Assigned

Utilities Available Electricity Available, Sewer Connected

View Y/N No

Garage No

Private Pool No

Others

Ownership CPR

Monthly Total Fees $625

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition Leasehold, Standard


Hawaii Information Service (HIS)
Listed by Hawaii Real Estate Group LLC

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Hank Correa III

Hank Correa III

Broker Associate | License ID: RB-22637

+1(808) 557-2614

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74-5618 PALANI RD #M6