74-5618 PALANI RD #K4 new 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 535 sqft
Price per Sqft $205
Subdivision Kona Industrial Subdivision
MLS Listing ID 723211
Bedrooms 1
Full Baths 1
HOA Fees $707/mo
Year Built 1969
Annual Tax Amount $1,580
Tax Year 2025
Property Sub-Type Condominium
Property Description
This is a leasehold property. Prime location! Kona Kai condominiums is in walking distance to shopping, the bay front, and downtown shops and pier. This one-bedroom, second-floor unit is located in the heart of Kailua-Kona and features a partial mountain view from the lanai. The condo has been recently updated with new propane range and refrigerator, freshly painted, and other minor repairs.
The zoning currently permits short-term vacation rentals, making this an ideal opportunity. The current land lease rent is $323 per month. Monthly maintenance fees are $707 (subject to change) covering landscaping, common area upkeep, trash removal, propane for cooking, hot water, and common area insurance.
Kona Kai residents enjoy a community pool, BBQ area with picnic tables, and a coin-operated laundry room equipped with new machines. This property is being sold for cash, as traditional financing is not available. A great value for a centrally located home or rental in the heart of Kailua!
MLS listing details and public records are believed to be accurate, but cannot be guaranteed. Buyers should independently verify any information they consider essential or relevant to their purchase. Association Manager: Associa Hawaii.
Location
State HI
Community Kona Industrial Subdivision
Area Hi
Building/Complex Name Kona Kai
Zoning CV-10
Interior
Hot Water Gas
Flooring Carpet
Exterior
Parking Features Assigned
Pool In Ground
Utilities Available Cable Available,Electricity Available,Phone Available,Sewer Connected
View Y/N No
Waterfront YN false
Others
Monthly Total Fees $707
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Leasehold,Standard