Kona Kai #E8 | 74-5618 PALANI RD #E8

Asking Price: $265,000
Beds: 2
Baths: 1
Living: 616 ft²
Tenure:Leasehold ?
Fee Purchase: Not available
Built: 1969
Maint. (HOA) Fees: $639 / month
Property Taxes: $71 / month ?
Est. Mortgage: 0 $1,204 / mo - adjust loan
Time Listed for Sale: 176 days
Status: Active
Buy without visiting ?
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74-5618 PALANI RD #E8, Kona

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly: - Hawaii Real Estate Group LLC

Description

This is a LEASEHOLD property.
CASH BUYERS ONLY
Step into opportunity. Beautifully remodeled 2-bedroom, condo with ocean views and a desirable Kona location. Currently a Popular and Profitable STVR with 2023 Gross rental income over $70,000.
KEY FEATURES:
PRIME LOCATION: Situated in the heart of Kailua-Kona, this condo offers unparalleled access to pristine beaches, vibrant nightlife, and shopping/dining options. Guests will delight in the convenience of exploring the area's top attractions within minutes.
OCEAN VIEWS: Enjoy awe-inspiring vistas of the sparkling ocean from the comfort of your private balcony. Each sunrise and sunset paints a picturesque scene, creating unforgettable moments for guests to cherish.
EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek luxury vinyl plank floors to designer fixtures, every detail has been carefully chosen to offer an interior space of luxury, comfort, and function.
ACCOMMODATIONS: With two bedrooms, including a primary bedroom overlooking the ocean, guests can unwind in comfort. Each bedroom has a large closet and an individual air conditioner.
KITCHEN: Fully-equipped kitchen, complete with stainless steel appliances, granite countertops, and ample cabinet space.
AMENITIES: A sparkling swimming pool, laundry center, assigned parking, and lush tropical landscaping.

Whether seeking a lucrative investment opportunity or a personal retreat, this condo offers the best of both wor

Recent Activity

Aug 16, 2024 Off Market
Mar 27, 2024 Listed at $265,000
Jun 26, 2018 Sold for $105,000
Jun 04, 2018 Under Contract
May 30, 2018 Listed at $110,000

Past Sales

#G2: 2 Bds | 1 Ba @ $100K (8/28/24)
#D5: 1 Bd | 1 Ba @ $165K (7/23/24)
#F8: 3 Bds | 2 Ba @ $221K (1/30/24)
#J4: 1 Bd | 1 Ba @ $150K (1/5/24)
#C8: 2 Bds | 1 Ba @ $150K (10/31/23)
#L1: 1 Bd | 1 Ba @ $130K (8/23/23)
#A5: 1 Bd | 1 Ba @ $164K (7/19/23)
#K4: 1 Bd | 1 Ba @ $100K (6/8/23)
#M7: 2 Bds | 1 Ba @ $175K (5/30/23)
#K7: 1 Bd | 1 Ba @ $97K (5/29/23)

+Show more recently sold

#D2: 2 Bds | 1 Ba @ $135K (5/24/23)
#B8: 2 Bds | 1 Ba @ $169K (4/27/23)
#A3: 1 Bd | 1 Ba @ $165K (4/10/23)
#J3: 1 Bd | 1 Ba @ $140K (3/24/23)
#A1: 2 Bds | 1 Ba @ $216K (3/17/23)
#I1: 1 Bd | 1 Ba @ $116K (3/7/23)
#M8: 2 Bds | 1 Ba @ $177K (1/19/23)
#C5: 1 Bd | 1 Ba @ $115K (12/23/22)
#K5: 1 Bd | 1 Ba @ $140K (12/5/22)
#M6: 1 Bd | 1 Ba @ $125K (7/7/22)
#B6: 1 Bd | 1 Ba @ $162K (6/30/22)
#G5: 1 Bd | 1 Ba @ $115K (2/22/22)
#C2: 2 Bds | 1 Ba @ $183K (12/9/21)
#E2: 2 Bds | 1 Ba @ $208K (11/29/21)
#I2: 1 Bd | 1 Ba @ $155K (11/19/21)
#F3: 1 Bd | 1 Ba @ $120K (10/29/21)
#I4: 1 Bd | 1 Ba @ $120K (10/21/21)
#F7: 2 Bds | 1 Ba @ $239K (10/11/21)
#I8: 1 Bd | 1 Ba @ $110K (9/17/21)
#A7: 2 Bds | 1 Ba @ $167K (9/14/21)
#J6: 1 Bd | 1 Ba @ $82K (9/10/21)
#J2: 2 Bds | 1 Ba @ $158K (8/9/21)
#K1: 1 Bd | 1 Ba @ $90K (8/6/21)
#B2: 2 Bds | 1 Ba @ $150K (5/27/21)
#K3: 1 Bd | 1 Ba @ $89K (5/7/21)
#D6: 1 Bd | 1 Ba @ $55K (4/30/21)
#I5: 1 Bd | 1 Ba @ $72K (3/30/21)
#C7: 2 Bds | 1 Ba @ $100K (3/16/21)
#K2: 1 Bd | 1 Ba @ $88K (3/3/21)
#L5: 1 Bd | 1 Ba @ $78K (3/1/21)
#I6: 1 Bd | 1 Ba @ $95K (1/14/21)
#C3: 1 Bd | 1 Ba @ $75K (12/21/20)
#C1: 2 Bds | 1 Ba @ $130K (9/28/20)
#G6: 1 Bd | 1 Ba @ $75K (7/2/20)
#G4: 1 Bd | 1 Ba @ $79K (5/19/20)
#G8: 2 Bds | 1 Ba @ $130K (3/31/20)
#A4: 1 Bd | 1 Ba @ $94K (12/10/19)
#A2: 2 Bds | 1 Ba @ $96K (11/15/19)
#B7: 2 Bds | 1 Ba @ $85K (9/18/19)
#M3: 1 Bd | 1 Ba @ $220K (8/20/19)

More Details

HOA Fees / ft²: $1.04
Price / ft²: $430
Zoning: CV-10
View: City, Ocean, Ocean Horizon
Amenities: Microwave, Range Hood, Refrigerator
TMK: 3740100360040
Tax Assessed Value: $130,800
Courtesy: Hawaii Real Estate Group LLC
MLS: 709212

Good to Know

Note: This page displays all condos for sale in Kona Kai.

MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on September 19, 2024.

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Asking Price: $265,000

Description

More Details

Recent Activity

Aug 16, 2024 Off Market
Mar 27, 2024 Listed at $265,000
Jun 26, 2018 Sold for $105,000
Jun 04, 2018 Under Contract
May 30, 2018 Listed at $110,000

About Kona Kai

Note: This page displays all condos for sale in Kona Kai.

Other Kona Kai Listings

Map

Leasehold

$199,000

Kona Kai #G1

2 Bds | 1 Ba
616 ft²

Map

Leasehold

$189,000

Kona Kai #B7

2 Bds | 1 Ba
616 ft²

Map

Leasehold

$179,500

Kona Kai #M6

1 Bd | 1 Ba
535 ft²

Map

Leasehold

$149,500

Kona Kai #K4

1 Bd | 1 Ba
535 ft²

You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.

Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.

We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.

Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.

We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.

Other fees could be a special assessment, reserve contributions etc.

DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.

Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.

Learn about property tax rates.

Property Taxes	$ 71 / month
Maint Fees	$ 639 / month

Total

Kona Kai #E8 (Kona)

74-5618 PALANI RD #E8, Kona