74-5618 PALANI RD #L1 KAILUA-KONA HI 96740
End Unit - Furnished
Listing Provided by: Hawaii Real Estate Group LLC
MLS #: 670509
MLS #: 670509
Description
This is a leasehold property. This popular short-term rental is close to the ocean and the Kona Pier and is a favorite for guests that want to walk instead of drive.
County of Hawaii STVR permit is active for the current owner this condo.
Short-term rentals, long-term rentals, and pets are allowed at Kona Kai. STVR permits are available via the County of Hawaii.
OFFERS MUST BE CASH due to the leasehold status. Quick close is available.
The leasehold payments are shown monthly at $323 and are paid every 6 months to the Queen Liliuokalani Trust. The $515.73 AOAO dues are collected monthly by Associa on behalf of the Kona Kai AOAO. Fees include pool and common area maintenance, gas for cooking and hot water, water heaters, exterior maintenance, landscaping, common area insurance, rubbish removal, and quarterly pest control.
The current lease is set to expire at the end of 2034. This is the second 30-year lease term. The next renegotiation is in 2029.
County of Hawaii STVR permit is active for the current owner this condo.
Short-term rentals, long-term rentals, and pets are allowed at Kona Kai. STVR permits are available via the County of Hawaii.
OFFERS MUST BE CASH due to the leasehold status. Quick close is available.
The leasehold payments are shown monthly at $323 and are paid every 6 months to the Queen Liliuokalani Trust. The $515.73 AOAO dues are collected monthly by Associa on behalf of the Kona Kai AOAO. Fees include pool and common area maintenance, gas for cooking and hot water, water heaters, exterior maintenance, landscaping, common area insurance, rubbish removal, and quarterly pest control.
The current lease is set to expire at the end of 2034. This is the second 30-year lease term. The next renegotiation is in 2029.
Property Details
Price: $135,000
Sold Price: $130,000
Address: 74-5618 PALANI RD #L1 KAILUA-KONA HI 96740
Ownership: CPR
Status: Sold
Category: Residential
Type: End Unit, Even Number Unit
Sold Price: $130,000
Address: 74-5618 PALANI RD #L1 KAILUA-KONA HI 96740
Ownership: CPR
Status: Sold
Category: Residential
Type: End Unit, Even Number Unit
Total Bedrooms: 1
Total Bathrooms: 1
Full Baths: 1
Living Area: 515 Square Feet
Listed by: Hawaii Real Estate Group LLC
Year Built: 1969
Levels: Two
Year Built: 1969
Levels: Two
Features and Amenities
Interior Features:
Exterior Features:
View:
Pool:
Pool Features:
Appliances: Microwave, Range, Refrigerator
Fireplace Features:
Flooring: Carpet
Security:
Laundry:
Fireplace Features:
Flooring: Carpet
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:
Community Information
Project Name: Kona Kai
Subdivision Name: KONA INDUSTRIAL SUBDIVISION
Association Fee: $516 Monthly
Subdivision Name: KONA INDUSTRIAL SUBDIVISION
Association Fee: $516 Monthly
Stories:
Year Established:
Year Established:
Lava Zone: 4
Flood Zone: X
Flood Zone: X
Land Information
Lot Size: Square Feet
Waterfront:
Land Lease Rent: $323
Lease Type:
Land Tenure: Leasehold
Waterfront:
Land Lease Rent: $323
Lease Type:
Land Tenure: Leasehold
Lot Features:
Frontage Type:
Roads: County
Roads Frontage Type:
Frontage Type:
Roads: County
Roads Frontage Type:
Zoning: CV-10
Horse Amenities:
Horse Amenities:
Additional Details
Assessed Tax Value: $114,500
Annual Tax: $1,406
Tax Year: 2023
Tax Lot:
Tax Block:
Utilities: Electricity Available, Sewer Connected
Cooling: Cash
Heating:
Sewer:
Water:
Solid Waste Disposal: Included with Maintenance Fees
Cooling: Cash
Heating:
Sewer:
Water:
Solid Waste Disposal: Included with Maintenance Fees
First Listed July 25, 2023, 1:59 pm
Last Updated September 19, 2024, 12:00 am
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:
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