Now vacant and easy to show! This is a leasehold property. Freshly painted! Kona Kai Condominiums are centrally located in Kailua Kona, close to shopping and post office, and very close to the pier downtown! This is a one bedroom upstairs unit in the center of Kona Kai, with a mountain view from enclosed lanai that opens to living room. Fabulous value for a one bedroom unit sold unfurnished. Zoning allows for short term vacation rental; new owner can choose to apply for STVR. Pets allowed subject to approval of homeowners association. Current lease rent is $323 per month paid to lessor every 6 months, and will be renegotiated in Dec 2029, with lease ending at the end 2034. Current maintenance fees are $508 per month and include landscaping and common area maintenance, rubbish removal and quarterly pest control, propane gas for cooking and hot water, water heaters, pool maintenance, exterior maintenance and common area insurance. Kona Kai has a nice pool and Bbq area with picnic tables and a coin operated laundry. Location, location, location! Offers are CASH ONLY; no financing available. Great value for a place right in town.
Past Activity
May 30, 2024 Listed at $149,500
Jun 08, 2023 Sold for $100,000
May 10, 2023 Under Contract
Nov 17, 2022 Listed at $101,000
More Details
HOA Fees / ft²: $0.95
Price / ft²: $187
Zoning: CV-10
Amenities: Range, Refrigerator
TMK: 3740100360075
Tax Assessed Value: $95,600
Courtesy: Paradise Found Realty
MLS: 666736
Good to Know
Note: This page displays all condos for sale in Kona Kai.
Now vacant and easy to show! This is a leasehold property. Freshly painted! Kona Kai Condominiums are centrally located in Kailua Kona, close to shopping and post office, and very close to the pier downtown! This is a one bedroom upstairs unit in the center of Kona Kai, with a mountain view from enclosed lanai that opens to living room. Fabulous value for a one bedroom unit sold unfurnished. Zoning allows for short term vacation rental; new owner can choose to apply for STVR. Pets allowed subject to approval of homeowners association. Current lease rent is $323 per month paid to lessor every 6 months, and will be renegotiated in Dec 2029, with lease ending at the end 2034. Current maintenance fees are $508 per month and include landscaping and common area maintenance, rubbish removal and quarterly pest control, propane gas for cooking and hot water, water heaters, pool maintenance, exterior maintenance and common area insurance. Kona Kai has a nice pool and Bbq area with picnic tables and a coin operated laundry. Location, location, location! Offers are CASH ONLY; no financing available. Great value for a place right in town.
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.
