Hawaii Living

Kona Kai #F3 (Kona)

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74-5618 PALANI RD #F3, Kona

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Description
Investor HANDYMAN special. Great rental property in downtown Kona. Can be used as a vacation rental or long term rental. 1 bedroom, 1 bath, 480 sq ft - Nice one bedroom one bath condo ground floor end unit with ocean views and assigned parking just steps away from your front door. Nice grounds, quiet neighbors, 2 small pets allowed with board approval. Located next door to Kona Coast Shopping Center, KTA grocery and several other shopping centers across the street. Walking distance to the beach, restaurants, downtown shops and fun activities. Enjoy the outdoor swimming pool to cool down on those hot Kona days with a cold drink while enjoying the beautiful Kona sunshine on your lanai. Coin laundry facilities available on site along with postal delivery as well.Conveniently located in downtown Kailua-Kona. Great investment property for long term rentals or for anyone hating their commute to town everyday.Maintenance fees include water, sewer, trash refuse, landscaping and building maintenance. This is LEASEHOLD property (not fee simple)with lease rent due every six months.

Maintenance fees include water, sewer, trash refuse, landscaping and building maintenance.

Leasehold Details
Reneg: 2029
LH Exp. Date: 2034
Fee Avail: No
LH Rent: $165 monthly

Current Taxes: $451
Terms Accept.: Cash
Monthly Maint.: $483.86
CC&R's: Yes

Utilities/Features
Internet Avail: Cable
Telephone Avail: Cell
Water: Municipal
Power: Gas, Overhea
Past Activity
More Details
  • HOA Fees / ft²: $1.01
  • Price / ft²: $63
  • Zoning: CV-10
  • View: Garden, Ocean
  • Security Features: See Remarks, Smoke Detector(s)
  • Amenities: Disposal, Dryer, HIS Microwave Hood, Microwave, Range, Refrigerator, Washer
  • TMK: 3740100360043
  • Tax Assessed Value: $39,500
  • Courtesy: Island Home Realty, Inc.
  • MLS: 290875
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 December 25, 2024.
Other Kona Kai Listings
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Leasehold
$129,500
Kona Kai #K4
1 Bd | 1 Ba
535 ft²
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Leasehold
$139,000
Kona Kai #C6
1 Bd | 1 Ba
480 ft²
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New 33 hours ago Leasehold
$140,000
Kona Kai #J5
1 Bd | 1 Ba
515 ft²
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Leasehold
$159,000
Kona Kai #A2
2 Bds | 1 Ba
616 ft²
Other Hawaii Condos
  • Sold 3/18/16 at $30,000
    (List Price: $39,000)
Description
Investor HANDYMAN special. Great rental property in downtown Kona. Can be used as a vacation rental or long term rental. 1 bedroom, 1 bath, 480 sq ft - Nice one bedroom one bath condo ground floor end unit with ocean views and assigned parking just steps away from your front door. Nice grounds, quiet neighbors, 2 small pets allowed with board approval. Located next door to Kona Coast Shopping Center, KTA grocery and several other shopping centers across the street. Walking distance to the beach, restaurants, downtown shops and fun activities. Enjoy the outdoor swimming pool to cool down on those hot Kona days with a cold drink while enjoying the beautiful Kona sunshine on your lanai. Coin laundry facilities available on site along with postal delivery as well.Conveniently located in downtown Kailua-Kona. Great investment property for long term rentals or for anyone hating their commute to town everyday.Maintenance fees include water, sewer, trash refuse, landscaping and building maintenance. This is LEASEHOLD property (not fee simple)with lease rent due every six months.

Maintenance fees include water, sewer, trash refuse, landscaping and building maintenance.

Leasehold Details
Reneg: 2029
LH Exp. Date: 2034
Fee Avail: No
LH Rent: $165 monthly

Current Taxes: $451
Terms Accept.: Cash
Monthly Maint.: $483.86
CC&R's: Yes

Utilities/Features
Internet Avail: Cable
Telephone Avail: Cell
Water: Municipal
Power: Gas, Overhea
    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 December 25, 2024.
    Note: This page displays all condos for sale in Kona Kai.
    Other Kona Kai Listings
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    Leasehold
    $129,500
    Kona Kai #K4
    1 Bd | 1 Ba
    535 ft²
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    Leasehold
    $139,000
    Kona Kai #C6
    1 Bd | 1 Ba
    480 ft²
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    New 33 hours ago Leasehold
    $140,000
    Kona Kai #J5
    1 Bd | 1 Ba
    515 ft²
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    Leasehold
    $159,000
    Kona Kai #A2
    2 Bds | 1 Ba
    616 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.
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    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.