Active

74-5618 PALANI RD K4

KAILUA - KONA HI, 96740

$149,500


$279.44 per sqft

Active

1 Bed

1 Bath

535 sqft

Condo

Built in 1969

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.

711037

MLS ID

May 31, 2024

Listed

October 1, 2024

Updated

Map

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

Interior Features

Bedrooms

1


Total Bathrooms

1


Full Bathrooms

1


Interior Features

Carpet


Appliances

Microwave, Range, Oven, Refrigerator


Floor Description

Carpet


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Other Property Details

Area Name

North Kona


Taxes

$65


Tax Frequency

Annually


Days on Market

100


Association Fee

$529


Garage

No


View

No


Pool

Yes


Pool Features

Outdoor Pool, In Ground


Zoning

CV-10

Listing History

Date

Event

Price

7/23/2024

Price change

$149,500

-7%

 

Courtesy of Coldwell Banker Island Properties - Hilo, Kevin E Lewis

Listing Contact:  

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