74-5618 PALANI RD K4 KAILUA-KONA, HI 96740

  • $159,500
Kailua Kona, North Kona
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 1969
  • Year Built
  • 535
  • sqft
  • Kona Kai
  • Project
  • KONA INDUSTRIAL SUBDIVISION
  • Subdivision
  • 711037
  • MLS#
For Sale
74-5618 PALANI RD K4 KAILUA-KONA, HI 96740
Kailua Kona, North Kona
  • $159,500

Description

This is a leasehold property. Location, location, location! Kona Kai Condominiums are centrally located in Kailua Kona, close to shopping and post office, and very close to the pier downtown! This is a one bedroom second floor unit in the center of Kona Kai, with a partial mountain view from the deck. Fitted with new kitchen appliances, freshly painted, as well as numerous repairs made around the unit.

Zoning currently allows for short term vacation rental. Current lease rent is $323 per month (paid to lessor every 6 months), and is expected to be renegotiated in Dec 2029, with the current lease expiring at the end 2034. Current maintenance fees are $529 per month and include landscaping, common area maintenance, trash, propane gas for cooking, hot water, and common area insurance. Kona Kai has a nice pool and BBQ area with picnic tables, and a coin operated laundry with new machines. Priced for CASH sale as traditional lender financing is not available. Great value for a place right in town.

MLS listing information and Public Records are thought to be reliable but cannot be guaranteed. Buyers should verify any information they deem important or material to their purchase. Complex Management is though Associa Hawaii.

  • Address 74-5618 PALANI RD K4 KAILUA-KONA, HI 96740
  • City Kailua Kona
  • Zip/Postal Code 96740
  • Area North Kona

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Details

Updated on June 10, 2024 at 4:51 pm
  • Price: $159,500
  • Interior Space: 535 sqft
  • Bedroom: 1
  • Bathroom: 1
  • Year Built: 1969
  • Property Type: Condo
  • Property Status: For Sale
  • MLS#: 711037
  • Office Name: COLDWELL BANKER ISLAND PROPERTIES - HILO
  • MLS Status: Active
  • Project: Kona Kai
  • Subdivision: KONA INDUSTRIAL SUBDIVISION
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Contact Penn Henderson - Kona Realtor in Hawaii
Mahalo for dropping by!

Need help with your search?

I excel at locating ideal Big Island properties specific to your needs and unique lifestyle.

Let's Get Started

Feel free to reach out anytime!