Hawaii Living

Kona Kai #G6 (Kona)

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74-5618 PALANI RD #G6, Kona

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Description
Enjoy the ocean view from your new 1 bedroom, 1 bath unit right in the heart of Kailua-Kona! This unit is located within walking distance to the beach, restaurants, shopping, groceries, and entertainment. Sunbathe, take a dip, or enjoy an outdoor bbq with friends at Kona Kai's fully gated pool (which is currently undergoing a remodel). Kona Kai also provides an on-site laundry facility, designated parking, well maintained landscaping and common areas. HOA fee is $508/month- which covers gas, water, trash services, sewage, landscaping, common area and exterior building maintenance/insurance. This is a very successful vacation rental (however it is not currently operating in compliance with the COVID-19 mandate). Great investment opportunity potential! Pets are allowed too with board approval.

Unit G6 boasts:
*OCEAN VIEW
*Upgraded flooring
*Light & bright paint
*2 AC units and ceiling fans to help keep the unit cool during the warm summers
*Or enjoy the breeze! The lanai is fully screened and was completely rebuilt in 2018
*Newer kitchen appliances
*Reverse Osmosis water system
*Recently replaced doors & fixtures

Lease renegotiation was completed in 2/21/2020 and does not expire until 12/31/2034.
Offered fully furnished. Lanai dining set pictured will differ from the dining set included with sale. Musical instruments, some sentimental artwork, and personal items to be excluded. Beach gear is negotiable.
Past Activity
More Details
  • HOA Fees / ft²: $1.06
  • Price / ft²: $156
  • Zoning: CV-10
  • View: City, HIS Sunset, Ocean, Ocean Horizon
  • Amenities: Disposal, Dryer, Freezer, Range, Range Hood, Refrigerator, Washer
  • TMK: 3740100360053
  • Tax Assessed Value: $58,500
  • Courtesy: Coldwell Banker Island Properties - Kona
  • MLS: 638623
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
$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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Leasehold
$140,000
Kona Kai #I2
1 Bd | 1 Ba
515 ft²
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Leasehold
$164,900
Kona Kai #A2
2 Bds | 1 Ba
616 ft²
Other Hawaii Condos
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Hotel Molokai #A102
Studio | 1 Ba
297 ft²
  • Sold 7/2/20 at $75,000
    (List Price: $86,000)
Description
Enjoy the ocean view from your new 1 bedroom, 1 bath unit right in the heart of Kailua-Kona! This unit is located within walking distance to the beach, restaurants, shopping, groceries, and entertainment. Sunbathe, take a dip, or enjoy an outdoor bbq with friends at Kona Kai's fully gated pool (which is currently undergoing a remodel). Kona Kai also provides an on-site laundry facility, designated parking, well maintained landscaping and common areas. HOA fee is $508/month- which covers gas, water, trash services, sewage, landscaping, common area and exterior building maintenance/insurance. This is a very successful vacation rental (however it is not currently operating in compliance with the COVID-19 mandate). Great investment opportunity potential! Pets are allowed too with board approval.

Unit G6 boasts:
*OCEAN VIEW
*Upgraded flooring
*Light & bright paint
*2 AC units and ceiling fans to help keep the unit cool during the warm summers
*Or enjoy the breeze! The lanai is fully screened and was completely rebuilt in 2018
*Newer kitchen appliances
*Reverse Osmosis water system
*Recently replaced doors & fixtures

Lease renegotiation was completed in 2/21/2020 and does not expire until 12/31/2034.
Offered fully furnished. Lanai dining set pictured will differ from the dining set included with sale. Musical instruments, some sentimental artwork, and personal items to be excluded. Beach gear is negotiable.
    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.
    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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    Leasehold
    $140,000
    Kona Kai #I2
    1 Bd | 1 Ba
    515 ft²
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    Leasehold
    $164,900
    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.
    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.