Kailua-kona, HI 96740,74-5618 PALANI RD #K4
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Kailua-kona, HI 96740,74-5618 PALANI RD #K4
Kailua-kona, HI 96740,74-5618 PALANI RD #K4
Kailua-kona, HI 96740,74-5618 PALANI RD #K4
Kailua-kona, HI 96740,74-5618 PALANI RD #K4
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$ 119,500
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Price Dropped by $10K

74-5618 PALANI RD #K4 Kailua-kona, HI 96740

1 Bed

1 Bath

535 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 535 sqft

Price per Sqft $223

Subdivision Kona Industrial Subdivision

MLS Listing ID 711037

Bedrooms 1

Full Baths 1

HOA Fees $707/mo

HOA Y/N Yes

Rental Info 323

Year Built 1969

Annual Tax Amount $1,504

Tax Year 2024

Property Sub-Type Condominium

Source Hawaii Information Service

Property Description

This is a leasehold property. Prime Location in Kailua Kona! Kona Kai Condominiums offer a highly sought-after central location, just minutes from shopping, the post office, and the bustling downtown pier. This one-bedroom, second-floor unit is located in the heart of Kona Kai and features a partial mountain view from the lanai. The condo has been recently updated with new propane range and refrigerator, freshly painted, and other minor repairs.

The zoning currently permits short-term vacation rentals, making this an ideal opportunity. The current land lease rent is $323 per month. Monthly maintenance fees are $707 (subject to change) covering landscaping, common area upkeep, trash removal, propane for cooking, hot water, and common area insurance.

Kona Kai residents enjoy a community pool, BBQ area with picnic tables, and a coin-operated laundry room equipped with new machines. This property is being sold for cash, as traditional financing is not available. A great value for a centrally located home or vacation rental in the heart of Kona!

​MLS listing details and public records are believed to be accurate, but cannot be guaranteed. Buyers should independently verify any information they consider essential or relevant to their purchase. Association Manager is Associa Hawaii.

Location

State HI

Community Kona Industrial Subdivision

Zoning CV-10

Region North Kona

City Region North Kona

Interior

Hot Water Gas

Flooring Carpet

Appliance Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Parking Features Assigned

Pool In Ground

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected

View Y/N No

Garage No

Private Pool Yes

Building

Unit Features Walk-Up

Others

Ownership CPR

Monthly Total Fees $707

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Leasehold, Standard


Hawaii Information Service (HIS)
Listed by Coldwell Banker Island Properties - Hilo
agent

Chloe Marino

Agent | License ID: RS-82751

+1(808) 745-5255

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