Listing Image
MLS: 711037 (Active - For Sale)
Condo: Kona Kai #K4
 
Asking Price: $129,500 Leasehold
Type: Condo/Residential Condo
District: North Kona
Street: 74-5618 Palani Rd
Neighborhood: Kona Industrial Subdivision
Beds: 1   Baths: 1
Living Area: 535 SF

Pool: Yes
Parking: Assigned
Days on Market: 186
(The Price of the property was lowered by $30,000 on 11/19/2024)
Year Built: 1969
Zoning: CV-10
Roads: County
Property Taxes: $64,.83
Assessed Value: $111,200
Assessed Ratio: 116.46%
Listing Courtesy: Coldwell Banker Island Properties - Hilo
Terms Acceptable: Cash

Kona Kai - Affordable condo for sale. Great Location!

This is a leasehold property. Location, location, location! Kona Kai Condominiums are centrally located in Kailua Kona, close to shopping and post office, and very close to the pier downtown! This is a one bedroom second floor unit in the center of Kona Kai, with a partial mountain view from the deck. Fitted with new kitchen appliances, freshly painted, as well as numerous repairs made around the unit.

Zoning currently allows for short term vacation rental. Current lease rent is $323 per month (paid to lessor every 6 months), and is expected to be renegotiated in Dec 2029, with the current lease expiring at the end 2034. Current maintenance fees are $529 per month and include landscaping, common area maintenance, trash, propane gas for cooking, hot water, and common area insurance. Kona Kai has a nice pool and BBQ area with picnic tables, and a coin operated laundry with new machines. Priced for CASH sale as traditional lender financing is not available. Great value for a place right in town.

MLS listing information and Public Records are thought to be reliable but cannot be guaranteed. Buyers should verify any information they deem important or material to their purchase. Complex Management is though Associa Hawaii.


 
This information has not been verified by the associate and should be
verified by the buyer. Information is deemed reliable but not guaranteed.
Copyright: 2014 by Hawaii Information Systems.
 
IDX information is provided exclusively for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
The active listings on this site are listed by REALTORS®. If you are
interested in those listings, we may represent you as the buyer's agent.