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Property view

74-5618 Palani Rd #L1, 
Kailua-Kona, HI 96740

$130,000


1

Bed


1

Bath


515

Sq Ft


Condo

Sold

Listed by

Rebecca Clancy

Hawaii Real Estate Group LLC.

8888199669

MLS#

670509

Source:

HI HIS

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About This Home

74-5618 Palani Rd #L1

This is a leasehold property. This popular short-term rental is close to the ocean and the Kona Pier and is a favorite for guests that want to walk instead of drive.
County of Hawaii STVR permit is active for the current owner this condo.
Short-term rentals, long-term rentals, and pets are allowed at Kona Kai. STVR permits are available via the County of Hawaii.
OFFERS MUST BE CASH due to the leasehold status. Quick close is available.
The leasehold payments are shown monthly at $323 and are paid every 6 months to the Queen Liliuokalani Trust. The $515.73 AOAO dues are collected monthly by Associa on behalf of the Kona Kai AOAO. Fees include pool and common area maintenance, gas for cooking and hot water, water heaters, exterior maintenance, landscaping, common area insurance, rubbish removal, and quarterly pest control.
The current lease is set to expire at the end of 2034. This is the second 30-year lease term. The next renegotiation is in 2029.

Home Facts

Condo

1 Bath

1 Bedroom

Built in 1969

Price Summary

135,000

$262 per Sq. Ft.

MLS #:

670509

Sold:

August 23, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

515 Sq. Ft.


Structure

Structure

Architectural Style:

End Unit

Year Built:

1969


Finances & Disclosures

Finances

Price:

$135,000

Price per Sq. Ft:

$262 per Sq. Ft.

Source:HI HIS
Listing information © 2021 MLS Hawaii, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.