Hawaii Living

Kona Kai #F7 (Kona)

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74-5618 PALANI RD #F7, Kona

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Description
This is a leasehold property that has been completely reimagined to capitalize on the ocean view and features modern fixtures, a full kitchen, and exceptional finishes throughout including solid, granite counters, stainless steel appliances, custom cabinet design, open concept living, new designer paint selections, modern, double panel doors, AC in the living room & bedrooms, even the windows have been replaced with modern, single hung windows and designer door, floor and window trim.
The bathroom was designed for a sleek look, yet functional use and features a custom shower, stainless fixtures, and designer colors
If you have ever visited the Kona Kai Condominiums you will know immediately that there is no other unit of this kind in this complex or in Kona at this price.
The lanai is a great space to dine while enjoying the Blue Pacific.
Watch the start of Ironman or just relax and gaze down to the Kailua-Kona Pier and beyond to the tip of South Point from your lanai.
Come see for yourself the quality that can be purchased for under $250K right in downtown Kona.
The central location of the Kona Kai Condos makes them very popular for primary residences as well as rentals. 2 bedroom units in this condition and location can rent for approx. $2100 per month unfurnished, $2450 furnished per month, and $239-$319 per night on short-term rentals. This complex is zoned to allow short-term rentals. Owners will need to apply for a permit with the County of Hawaii
Past Activity
  • Nov 19, 2024 Sold for $159,000
  • Oct 25, 2024 Under Contract
  • Jul 25, 2024 Listed at $159,000
  • Oct 11, 2021 Sold for $239,000
  • Sep 20, 2021 Under Contract
  • Sep 16, 2021 Listed at $239,000
More Details
  • HOA Fees / ft²: $1
  • Price / ft²: $389
  • Zoning: CV-10
  • Amenities: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • TMK: 3740100360046
  • Tax Assessed Value: $87,700
  • Courtesy: Hawaii Real Estate Group LLC
  • MLS: 654407
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 November 21, 2024.
Other Kona Kai Listings
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Leasehold
$189,000
Kona Kai #B7
2 Bds | 1 Ba
616 ft²
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Leasehold
$188,500
Kona Kai #G1
2 Bds | 1 Ba
616 ft²
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Leasehold
$179,500
Kona Kai #M6
1 Bd | 1 Ba
535 ft²
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Leasehold
$167,000
Kona Kai #D8
1 Bd | 1 Ba
624 ft²
Other Big Island Condos
  • Sold 10/11/21 at $239,000
    (List Price: $239,000)
Description
This is a leasehold property that has been completely reimagined to capitalize on the ocean view and features modern fixtures, a full kitchen, and exceptional finishes throughout including solid, granite counters, stainless steel appliances, custom cabinet design, open concept living, new designer paint selections, modern, double panel doors, AC in the living room & bedrooms, even the windows have been replaced with modern, single hung windows and designer door, floor and window trim.
The bathroom was designed for a sleek look, yet functional use and features a custom shower, stainless fixtures, and designer colors
If you have ever visited the Kona Kai Condominiums you will know immediately that there is no other unit of this kind in this complex or in Kona at this price.
The lanai is a great space to dine while enjoying the Blue Pacific.
Watch the start of Ironman or just relax and gaze down to the Kailua-Kona Pier and beyond to the tip of South Point from your lanai.
Come see for yourself the quality that can be purchased for under $250K right in downtown Kona.
The central location of the Kona Kai Condos makes them very popular for primary residences as well as rentals. 2 bedroom units in this condition and location can rent for approx. $2100 per month unfurnished, $2450 furnished per month, and $239-$319 per night on short-term rentals. This complex is zoned to allow short-term rentals. Owners will need to apply for a permit with the County of Hawaii
    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 November 21, 2024.
    • Nov 19, 2024 Sold for $159,000
    • Oct 25, 2024 Under Contract
    • Jul 25, 2024 Listed at $159,000
    • Oct 11, 2021 Sold for $239,000
    • Sep 20, 2021 Under Contract
    • Sep 16, 2021 Listed at $239,000
    Note: This page displays all condos for sale in Kona Kai.
    Other Kona Kai Listings
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    Leasehold
    $189,000
    Kona Kai #B7
    2 Bds | 1 Ba
    616 ft²
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    Leasehold
    $188,500
    Kona Kai #G1
    2 Bds | 1 Ba
    616 ft²
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    Leasehold
    $179,500
    Kona Kai #M6
    1 Bd | 1 Ba
    535 ft²
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    Leasehold
    $167,000
    Kona Kai #D8
    1 Bd | 1 Ba
    624 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.