Kona Kai #M6 | 74-5618 PALANI RD #M6

Asking Price: $179,500
Beds: 1
Baths: 1
Living: 535 ft²
Tenure:Leasehold ?
Fee Purchase: Not available
Built: 1969
Maint. (HOA) Fees: $530 / month
Property Taxes: $119 / month ?
Est. Mortgage: 0 $908 / mo - adjust loan
Time Listed for Sale: 87 days
Status: Active
Buy without visiting ?
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All Kona condos for sale »

74-5618 PALANI RD #M6, 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 1 bedroom, condo with courtyard views and a desirable Kona location. Currently a Popular and Profitable STVR with 2023 Gross rental income over $55,000.
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.
EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek bamboo floors in the kitchen to designer fixtures, every detail has been carefully chosen to offer an interior space comfort, and function.
ACCOMMODATIONS: With a large bedroom, residents can unwind in comfort in the bedroom, which has a large closet and an individual air conditioner.
KITCHEN: Fully-equipped kitchen, complete with new appliances, quartz 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 worlds. With a proven track record as a profitable vacation rental, you can maximize your returns while enjoying the flexibility to escape to paradise whenever you desire.

Recent Activity

Aug 11, 2024 Listed at $179,500
Jul 07, 2022 Sold for $125,000
May 23, 2022 Under Contract
May 02, 2022 Listed at $130,000
Mar 15, 2017 Sold for $42,000
Mar 04, 2017 Under Contract
Mar 01, 2017 Listed at $44,000

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: $0.99
Price / ft²: $336
Zoning: CV-10
Amenities: Microwave, Range, Refrigerator
TMK: 3740100360093
Tax Assessed Value: $128,200
Courtesy: Hawaii Real Estate Group LLC
MLS: 713251

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 06, 2024.

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Asking Price: $179,500

Description

More Details

Recent Activity

Aug 11, 2024 Listed at $179,500
Jul 07, 2022 Sold for $125,000
May 23, 2022 Under Contract
May 02, 2022 Listed at $130,000
Mar 15, 2017 Sold for $42,000
Mar 04, 2017 Under Contract
Mar 01, 2017 Listed at $44,000

About Kona Kai

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

Other Kona Kai Listings

Map

Leasehold

$188,500

Kona Kai #G1

2 Bds | 1 Ba
616 ft²

Map

Leasehold

$189,000

Kona Kai #B7

2 Bds | 1 Ba
616 ft²

Map

Leasehold

$167,000

Kona Kai #D8

1 Bd | 1 Ba
624 ft²

Map

Leasehold

$159,000

Kona Kai #J2

2 Bds | 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.

Property Taxes	$ 119 / month
Maint Fees	$ 530 / month

Total

Kona Kai #M6 (Kona)

74-5618 PALANI RD #M6, Kona