$86,000

74-5618 Palani Rd

KAILUA-KONA HI, 96740

Description

Enjoy the ocean view from your new 1 bedroom, 1 bath unit right in the heart of Kailua-Kona! This unit is located within walking distance to the beach, restaurants, shopping, groceries, and entertainment. Sunbathe, take a dip, or enjoy an outdoor bbq with friends at Kona Kai's fully gated pool (which is currently undergoing a remodel). Kona Kai also provides an on-site laundry facility, designated parking, well maintained landscaping and common areas. HOA fee is $508/month- which covers gas, water, trash services, sewage, landscaping, common area and exterior building maintenance/insurance. This is a very successful vacation rental (however it is not currently operating in compliance with the COVID-19 mandate). Great investment opportunity potential! Pets are allowed too with board approval.

Unit G6 boasts:
*OCEAN VIEW
*Upgraded flooring
*Light & bright paint
*2 AC units and ceiling fans to help keep the unit cool during the warm summers
*Or enjoy the breeze! The lanai is fully screened and was completely rebuilt in 2018
*Newer kitchen appliances
*Reverse Osmosis water system
*Recently replaced doors & fixtures

Video Walkthrough: https://youtu.be/JPsK6Hy2C6g
STVR site: https://abnb.me/ili7oxa1Y5

Lease renegotiation was completed in 2/21/2020 and does not expire until 12/31/2034.
Offered fully furnished. Lanai dining set pictured will differ from the dining set included with sale. Musical instruments, some sentimental artwork, and personal items to be excluded. Beach gear is negotiable.

Details

MLS#638623
Listing TypeFor Sale
StyleHouse
Sub-TypeLeasehold
StatusActive
Year1969
Days On Site28

Features

Bed(s)1
Bath(s)1fb
SQ Feet480
PoolYes
Property ViewYes

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Area Information

StateHI
CityKAILUA-KONA
Zip Code96740
AreaBig Island
Community NameKona Industrial Subdiv
Listing VS Median (in Kona Industrial Subdiv)
Price:
$86,000
low | high
Med:
$102,000
31.395348837209% of Average
SqFt:
480
low | high
Med:
480
50% of Average
$ / SqFt:
$179
low | high
Med:
$213
31.395348837209% of Average
On Site:
28
low | high
Med:
76
36.842105263158% of Average
Listing Updated: 05/25/2020

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