74-5618 PALANI RD #M3, Kailua Kona, HI 96740
74-5618 PALANI RD #M3, Kailua Kona, HI 96740
74-5618 PALANI RD #M3, Kailua Kona, HI 96740
74-5618 PALANI RD #M3, Kailua Kona, HI 96740
74-5618 PALANI RD #M3, Kailua Kona, HI 96740
74-5618 PALANI RD #M3, Kailua Kona, HI 96740
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$ 129,000
Est. payment | /mo

1 Bed

1 Bath

535 SqFt


Save
$ 129,000
Est. payment | /mo
Save

1 Bed

1 Bath

535 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 535 sqft

Price per Sqft $241

Subdivision Kona Industrial Subdivision

MLS Listing ID 734598

Bedrooms 1

Full Baths 1

HOA Fees $625/mo

HOA Y/N Yes

Rental Info 309

Year Built 1969

Annual Tax Amount $1,181

Tax Year 2026

Property Sub-Type Condominium

Source Hawaii Information Service

Property Description

This is a leasehold property.
Discover an exceptional opportunity to own a beautifully upgraded, income-producing condominium in the heart of Kona! This stylishly furnished vacation rental has a proven track record of success, consistently generating approximately $57,000 in annual gross rental revenue. With upgraded flooring, attractive furnishings included in the sale, and an established short-term rental history, this property offers an appealing combination of comfort, convenience, and investment potential.

This inviting condominium offers a welcoming tropical retreat for owners and guests alike. The included furnishings make this an attractive turnkey opportunity for buyers looking to continue its successful rental operation.

Location is one of this property's greatest assets. Situated in the heart of Kona, you're just minutes from the ocean, beaches, restaurants, shopping, banking, and everyday conveniences. Guests appreciate the central location, with easy access to Kona's beautiful coastline, spectacular sunsets, and popular attractions. This highly desirable setting has helped contribute to the property's consistent rental performance.

The sale includes one assigned parking space, providing added convenience for owners and guests.

Please note: This is a leasehold property, and due to leasehold financing limitations, a cash purchase is required. Rental income figures are historical gross revenues and are not a guarantee of future performance.

Whether you're looking to expand your vacation rental portfolio or enjoy your own tropical getaway with established income potential, this upgraded, fully furnished Kona condominium offers an outstanding combination of location, style, and proven rental performance.

Location

State HI

County Hawaii Island (big Island)

Community Kona Industrial Subdivision

Area Hi

Building/Complex Name Kona Kai

Zoning CV-10

Region North Kona

City Region North Kona

Interior

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile

Appliance Microwave, Range, Refrigerator

Exterior

Parking Features Assigned

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

View Y/N No

Garage No

Private Pool No

Others

Ownership CPR

Monthly Total Fees $625

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Leasehold, Standard

Hawaii Information Service (HIS)
Listed by Hawaii Real Estate Group LLC

Nearby Locations

Staci Wolff

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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74-5618 PALANI RD #M3