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74-5618 Palani Rd , K4

Kailua-Kona, HI 96740
  • $119,500
  • STATUS: Active
  • ON SITE: 342 Days
  • MLS #: 711037
Price Reduced
UPDATED: 66 min ago
$119,500
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 535
    SQFT
  • $223
    $/SQFT
Type:
Condo
Built:
1969
Area:

School Ratings & Info

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.

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© 2025 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Broker, LLC. Data last updated: 2025-05-19T19:35:26.377.
www.searchhawaii.net/homes/151535155
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74-5618 Palani Rd , K4 Kailua-Kona, HI 96740

  • Price: $119,500
  • Status: Active
  • On Site: 342 Days
  • Updated: 66 min ago
  • MLS #: 711037
1
Beds
1
Baths
0
½ Baths
N/A
Acres
535
SQFT
$223
$/SQFT
1969
Built
Neighborhood:
Kona Industrial Subdivision
Area:
North Kona
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.
Exterior Features

Carport Area Units Square Feet Exterior Area Units Square Feet Garage Area Units Square Feet Parking Features Assigned Pool Features In Ground Pool YN Yes Roofed Area Units Square Feet

Interior Features

Appliances DryerMicrowaveRangeRefrigeratorWasher Bathrooms One Quarter 0 Bathrooms Three Quarter 0 Flooring Carpet Washer Dryer Type Coin Water Heater Gas

Property Features

Association Fee 707 Association Fee Frequency Monthly Common Interest Condominium Elevation Units Feet Flood Zone X In Use As Short Term Vacation Rental YN No Internet Access DSL Land Tenure Leasehold Lava Zone 4 Listing Terms Cash Other Building Area Units Square Feet Ownership CPR Pets Allowed No Project Kona Kai Property Attached YN Yes Property Sub Type Condominium Roads County Solid Waste Disposal Included with Maintenance Fees Special Listing Conditions LeaseholdStandard Tax Annual Amount 1504.67 Tax Key 374010036 Tax Year 2024 Total Monthly Fees 707 Unit Description Walk-Up Utilities Cable AvailableElectricity AvailablePhone AvailableSewer Connected Waterfront YN No Zoning CV-10

Listing information © 2025 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Coldwell Banker Island Properties - Hilo.


© 2025 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Broker, LLC. Data last updated: 2025-05-19T19:35:26.377.
 
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