75-5776 KUAKINI HIGHWAY #123 Active Save Request In-Person Tour Request Virtual Tour
Kailua-kona,HI 96740
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 372 sqft
Price per Sqft $561
MLS Listing ID 720985
Full Baths 1
HOA Fees $1,288/mo
Year Built 1969
Annual Tax Amount $2,462
Tax Year 2024
Property Sub-Type Condominium
Property Description
This is a leasehold property. With over $67,000 gross yearly income, this is a great investment property!
Welcome to your tropical escape at the Kona Islander Inn! This charming condo offers a private lanai that opens to beautifully landscaped grounds, inviting you to relax and recharge in a serene setting. Whether you're sipping your morning coffee or unwinding after a day of adventure, this peaceful space is the perfect retreat.
This unit is currently an active Short-Term Vacation Rental with a solid history of bookings—an ideal opportunity for those seeking an investment property in the heart of Kailua-Kona. The complex features resort-style amenities including a pool and hot tub, lush tropical gardens, BBQ grills, and a welcoming front desk team to assist with guest check-ins and check-outs.
Perfectly situated on vibrant Alii Drive, you're just steps away from beaches, restaurants, shops, and local entertainment. Parking is available on a first-come, first-serve basis, and the on-site laundry room is accessible with a key card.
Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet, helping you keep your costs fixed and budgeting simple. The lease runs through 2079 with a renegotiation date set for 2029.
Don't miss this opportunity to own a slice of paradise in one of Kona's most popular vacation destinations!
Location
State HI
Area Hi
Building/Complex Name KONA ISLANDER INN
Zoning V-.75
Interior
Flooring Carpet
Exterior
Parking Features Unassigned
Utilities Available Electricity Available,Sewer Connected,Water Available
View Y/N No
Waterfront YN false
Others
Monthly Total Fees $1,288
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Leasehold,Standard
Virtual Tour https://player.vimeo.com/video/1085522200