77-6452 ALII DR #110 Active

Kailua-kona,HI 96740

$ 499000

0 Bed

1 Bath

480 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 480 sqft

Price per Sqft $1,039

MLS Listing ID 720426

Full Baths 1

HOA Fees $1,186/mo

Year Built 1966

Annual Tax Amount $4,688

Tax Year 2024

Property Sub-Type Condominium

Property Description

Welcome to Kona Magic Sands an iconic Complex located on a 1.1 acre oceanfront parcel served by Alii Drive. The three story complex building is comprised of 37 units together with an adjoining and popular restaurant (Magics) and is enviably situated between Pahoehoe Beach Park on the northern side and renowned White Sands Beach on the southern side.
Unit #110 is conveniently located on the access friendly ground floor and has 480 sq ft of well appointed living area. Full width glass sliders frame a glorious ocean vista, and when opened, admit the soothing sound of the ocean and the relaxing feel of an ocean breeze.

Other notable features of Unit #110 and Kona Magic Sands Complex include:-
* Short Term Vacation Rental License with a gross income of approximately $47,284 in 2024, with owner occupying unit 6 months out of the year.
* Porcelain tiled floors.
* Remodeled kitchen with cherry wood cabinets.
* Sound dampening booth for renters or owners to have a quiet space to work while others enjoy their vacation.
* High end Couch and chaise lounge purchased in 2024. Therma king bed with memory foam mattress.
* Additional amenities include an in-ground swimming pool and a coin/credit card operated laundry.

Maintenance fees include basic cable, water, sewer, rubbish removal, landscape, common area and pool maintenance, building insurance and exterior pest control.
HOA Monthly Fee $752.88
HOA Monthly Reserve Fee $434
Total Monthly Fees $1,186.88

New Professional pictures coming soon.

Location

State HI

Zoning V-1.25

Interior

Hot Water Electric

Heating None

Cooling None

Flooring Ceramic Tile

Laundry Common Area

Exterior

Exterior Feature Lightning

Parking Features Assigned

Pool Gunite,In Ground,Outdoor Pool

Utilities Available Cable Available,Electricity Available,Phone Available,Sewer Connected,Underground Utilities,Water Available

View Y/N Yes

View Bay,HIS Coastline,HIS Sunset,Ocean,Ocean Horizon

Building

Story 3

Others

Monthly Total Fees $1,186

Acceptable Financing 1031 Exchange,Cash,Conventional,VA Loan

Listing Terms 1031 Exchange,Cash,Conventional,VA Loan

Special Listing Condition Fee Simple,Standard

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