This top-floor studio in the Waiakea Villas has been tastefully remodeled and has a transferable Short Term Vacation Rental permit. This unit has it all: high ceilings; lots of natural light from the oversized sliding glass doors; a large lanai (back deck); new fixtures; new flooring; and terrific views of the landscaped central pool and courtyard with 2 unassigned stalls. The park-like landscaping is consistent throughout the property with ponds, streams, bridges, and covered walkways. The adjacent Wailoa State Park adds to the idyllic tropical beauty of this area with its landscaping, picnic areas, pavilions, paths, palms and iconic bridges. Situated at the edge of downtown Hilo, every convenience is only minutes away: medical, retail, government, schools, colleges, financial institutions, the Hilo International Airport, and of course... the beaches. Opportunities like this don't come along very often. The current special assessment fee ends in December 2023. HOA fee includes electric power and trash. Condo furnishings are included in the sale with a sales price acceptable to the Sellers