74-5618 PALANI RD, #M6, KAILUA-KONA, HI 96740

Renovated and Profitable with Central Location

Listing Provided by: Hawaii Real Estate Group LLC
MLS #: 730805

Description

This is a leasehold property. CASH BUYERS ONLY Step into opportunity. Beautifully remodeled 1 bedroom, condo with courtyard views and a desirable Kona location. Currently a Popular and Profitable STVR with 2023 Gross rental income over $55,000. 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. EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek bamboo floors in the kitchen to designer fixtures, every detail has been carefully chosen to offer an interior space comfort, and function. ACCOMMODATIONS: With a large bedroom, residents can unwind in comfort in the bedroom, which has a large closet and an individual air conditioner. KITCHEN: Fully-equipped kitchen, complete with new appliances, quartz 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.

Property Details

Price: $149,500
Sold Price:
Address: 74-5618 PALANI RD, #M6, KAILUA-KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type:

Total Bedrooms: 1
Total Bathrooms: 1
Full Baths: 1
Living Area: 535 Square Feet

Listed by: Hawaii Real Estate Group LLC
Year Built: 1969
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View:
Pool:
Pool Features:

Appliances: Microwave, Range, Refrigerator
Fireplace Features:
Flooring: Carpet, Hardwood
Security:
Laundry:

Garage Spaces:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:

Community Information

Project Name: Kona Kai
Subdivision Name: KONA INDUSTRIAL SUBDIVISION
Association Fee: $625 Monthly

Stories:
Year Established:

Lava Zone: 4
Flood Zone: X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent: $323
Lease Type:
Land Tenure: Leasehold

Lot Features:
Frontage Type:
Roads: County
Roads Frontage Type:

Zoning: CV-10
Horse Amenities:

Additional Details

Assessed Tax Value: $128,200
Annual Tax: $1,430
Tax Year: 2023
Tax Lot:
Tax Block:

Utilities: Electricity Available, Sewer Connected
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: Included with Maintenance Fees

First Listed May 28, 2026, 4:27 pm
Last Updated May 28, 2026, 4:27 pm
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:

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