74-5618 Palani Road, Unit E8
74-5618 Palani Road, Unit E8
Kailua-Kona, HI 96740
$275,000
Price
2
Beds
1
Bath
616 Sq. Ft.
$446 / Sq. Ft.
616
Sq. Ft.
$446
per Sq. Ft.
Description
This is a LEASEHOLD property. Cash buyers only Step into opportunity. Beautifully remodeled 2-bedroom, condo with ocean views and a desirable Kona location. Currently a Popular and Profitable STVR with 2023 Gross rental income over $70,000. Key features: PRIME LOCATION: Situated in the heart of Kailua-Kona, this condo offers unparalleled access to pristine beaches, vibrant nightlife, and shopping/dining options. Guests will delight in the convenience of exploring the area's top attractions within...This is a LEASEHOLD property. Cash buyers only Step into opportunity. Beautifully remodeled 2-bedroom, condo with ocean views and a desirable Kona location. Currently a Popular and Profitable STVR with 2023 Gross rental income over $70,000. Key features: PRIME LOCATION: Situated in the heart of Kailua-Kona, this condo offers unparalleled access to pristine beaches, vibrant nightlife, and shopping/dining options. Guests will delight in the convenience of exploring the area's top attractions within minutes. OCEAN VIEWS: Enjoy awe-inspiring vistas of the sparkling ocean from the comfort of your private balcony. Each sunrise and sunset paints a picturesque scene, creating unforgettable moments for guests to cherish. EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek luxury vinyl plank floors to designer fixtures, every detail has been carefully chosen to offer an interior space of luxury, comfort, and function. ACCOMMODATIONS: With two bedrooms, including a primary bedroom overlooking the ocean, guests can unwind in comfort. Each bedroom has a large closet and an individual air conditioner. KITCHEN: Fully-equipped kitchen, complete with stainless steel appliances, granite countertops, and ample cabinet space. AMENITIES: A sparkling swimming pool, laundry center, assigned parking, and lush tropical landscaping. Whether seeking a lucrative investment opportunity or a personal retreat, this condo offers the best of both worlds. With a proven track record as a profitable vacation rental, you can maximize your returns while enjoying the flexibility to escape to paradise whenever you desire.
- Listed by Rebecca Clancy • License #RB-22167 • Hawaii Real Estate Group LLC
Property Details for 74-5618 Palani Road, Unit E8
Subdivision
KONA INDUSTRIAL SUBDIVISION
ZoningCV-10
ViewOcean, Ocean Horizon, City
Land TenureLeasehold
Location
Listing Courtesy of Hawaii Real Estate Group LLC, Rebecca Clancy, License #RB-22167
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LISTING UPDATED: 04/29/2024 12:31 PM
Property Details for 74-5618 Palani Road, Unit E8
| Status | Active |
|---|---|
| MLS # | 709212 |
| Days on Market | 33 |
| Taxes | $858 / year |
| HOA Fees | $639 / month |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Condo / Attached |
| Year Built | 1969 |
| County | Hawaii County |
Location
Listing Courtesy of Hawaii Real Estate Group LLC, Rebecca Clancy, License #RB-22167
Add your commute
Building Information for 74-5618 Palani Road, Unit E8
Building/Complex74-5618 Palani RdFloor-Stories-Residences-Pet Policy-Year Built1969
Payment Calculator
$2,211 per month
30 year fixed, 7.25% Interest
Principal and Interest
$1,501
Property Taxes
$72
HOA Dues
$639
The Payment Calculator is for illustrative purposes only.
Property Information for 74-5618 Palani Road, Unit E8
Summary
Location and General Information
- Latitude: 19.64397454
- Location: Kona Kai #E8
- Longitude: -155.99599075
- Oceanfront Parcel: N
- Street: PALANI RD
- Street Address Full: 74-5618 PALANI RD #E8 KAILUA-KONA HI 96740
- Street Number: 74-5618
- City: KAILUA-KONA
- District: North Kona
- Zip Code: 96740
Taxes and HOA Information
- Fees-Association (Monthly): $0
- Fees-Association (Yearly): $0
- Exempt Amount: $0
- Tax Year: 2023
- Taxes (Annual): $857.55
- Taxkey: 3-7-4-10-36-40
- Taxkey9: 374010036
Parking
- Garage Area (Total): 0.0
- Carport Area (Total): 0.0
- Carport Spaces (Total): 0.0
- Vehicle Storage/Parking: Assigned
Virtual Tour
- Tours: 0
Property
Lot Information
- Roads: County
- Roofed Areas (Total): 0.0
- Year Built Maximum: 1969
- Year Built Minimum: 1969
- Exterior Area (Total): 0.0
- Interior Area (Total): 616.0
- Land Area: 0.0
- Other Square Footage (Total): 0.0
- Flood Zone: X
- Lava Zone: 4
Property and Assessments
- Special Assessment: No
- Special Assessment Amount (Monthly): $0
- Disclosure Form: Yes
- Assessed Value: $130,800
- Assessment Year: 2023
- Project: Kona Kai
- Property Type: Condo
- Public Report Number: 1132
- Photos: 25
Utilities
- Power: Overhead
- Wastewater: Sewer-Connected
- Water: County
- Solid Waste Disposal (Trash): Included with Maintenance Fees
Interior and Exterior Features
Exterior Features
- Pool: Y
- Pool Type: In Ground
Interior Features
- Stories Number Maximum: 0
- Stories Number Minimum: 0
- Appliances: Microwave, Refrigerator, Range Hood
- Bathrooms (Total): 1
- Baths 1/2 (Total): 0
- Baths 1/4 (Total): 0
- Baths 3/4 (Total): 0
- Baths Full (Total): 1
- Bedrooms (Total): 2
- Floor Covering: Carpet
Multi Family
Multi-Family Information
- Bldg Units: E8
- # of Units (Total): 0
Agent
Sale and Listing
- Ownership: CPR
- Price Direction: -
- Media Changed: 03-30-2024
- Terms Acceptable: 1031 Exchange, Cash
- Leasehold Expires When: 2034
- Listor Name: Rebecca Clancy
- Days on Market: 31
- First Photo Sequence: 1
- Subtype of Listing: Attached
- Remarks - Public: This is a LEASEHOLD property.<br>CASH BUYERS ONLY<br>Step into opportunity. Beautifully remodeled 2-bedroom, condo with ocean views and a desirable Kona location. Currently a Popular and Profitable STVR with 2023 Gross rental income over $70,000.<br>KEY FEATURES:<br>PRIME LOCATION: Situated in the heart of Kailua-Kona, this condo offers unparalleled access to pristine beaches, vibrant nightlife, and shopping/dining options. Guests will delight in the convenience of exploring the area's top attractions within minutes.<br>OCEAN VIEWS: Enjoy awe-inspiring vistas of the sparkling ocean from the comfort of your private balcony. Each sunrise and sunset paints a picturesque scene, creating unforgettable moments for guests to cherish.<br>EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek luxury vinyl plank floors to designer fixtures, every detail has been carefully chosen to offer an interior space of luxury, comfort, and function.<br>ACCOMMODATIONS: With two bedrooms, including a primary bedroom overlooking the ocean, guests can unwind in comfort. Each bedroom has a large closet and an individual air conditioner.<br>KITCHEN: Fully-equipped kitchen, complete with stainless steel appliances, granite countertops, and ample cabinet space.<br>AMENITIES: A sparkling swimming pool, laundry center, assigned parking, and lush tropical landscaping.<br><br>Whether seeking a lucrative investment opportunity or a personal retreat, this condo offers the best of both worlds. With a proven track record as a profitable vacation rental, you can maximize your returns while enjoying the flexibility to escape to paradise whenever you desire.
- REversion: 600
- Sale Type: Standard Sale
- DZS: 374
Showing and Remarks
- Showing Instructions: Same Day Notice
Property History for 74-5618 Palani Road, Unit E8
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 74-5618 Palani Road, Unit E8
Taxable ValueLand$21,100Additions$109,700Total$130,800
Tax Record2023$858 ($71 / month)
Home Facts
Beds2Baths1Total Finished SqFt616 SqFtAbove Grade Finished SqFt616 SqFtStories1StyleCondominiumYear Built1969Zoning3M - VILLAGECountyHAWAIIAPN3-7-4-010-036-0040
Schools near 74-5618 Palani Road, Unit E8
This home is within Hawaii Department Of Education.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Kealakehe Elementary School PublicPK to 5 | ||
Kealakehe Intermediate School Public6 to 8 | ||
Kealakehe High School Public9 to 12 | ||
Innovations - Public Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Hawaii Real Estate Group LLC, Rebecca Clancy, License #RB-22167