75-5766 KUAKINI HIGHWAY, #503, KAILUA-KONA, HI 96740

Don’t miss out on this proven, cash-flowing asset in Kailua Kona!

Listing Provided by: Real Broker LLC
MLS #: 719244

Description

Prime Investment Opportunity – Ocean View Vacation Rental in Kailua-KonaSeller offering $15,000 in concessions to help pay down mortgage points, HOA fees, upgrades, etc. Seize the opportunity to own a high-performing vacation rental in the heart of Kailua-Kona! This turnkey, one-bedroom, one-bathroom condo boasts a top-floor view of Kailua Bay and an impressive 90% occupancy rate, making it a proven income-generating asset.Meticulously maintained, this unit offers modern comfort with air conditioning and a thoughtfully designed interior that keeps guests returning. The spacious lanai provides views to breathtaking sunsets and the lively energy of Kailua Village, all while maintaining a serene retreat for visitors.Location is unbeatable—just one block from the ocean, dining, shopping, and entertainment, ensuring strong rental demand year-round. Unit has assigned parking which provides the benefit of guests not having to pay for parking. Benefits of condo:Tropical breezes from ocean and mountain keep condo cool and A/C helps in summer. Pull out couch for extra guest Fully stocked for all needs for visitors - truly turn key Whether you’re expanding your portfolio or seeking a personal island getaway with income potential, this condo has a great rental history. Kailua Village Condominium offers: Pets are allowed with Board approval. Convenient assigned parking stall- #08Pool and BBQ area Secured building/elevator On-site managerCoined laundry roomThe rental income history is available and the current leasing manager is willing to manage the property after sale.

Property Details

Price: $475,000
Sold Price:
Address: 75-5766 KUAKINI HIGHWAY, #503, KAILUA-KONA, HI 96740
Ownership: CPR
Status: Contingent
Category: Residential
Type: High Floor Unit

Total Bedrooms: 1
Total Bathrooms: 1
Full Baths: 1
Living Area: 639 Square Feet

Listed by: Real Broker LLC
Year Built: 1972
Levels: Three Or More

Features and Amenities

Interior Features: Elevator
Exterior Features:
View: Ocean
Pool: Yes
Pool Features: Gunite

Appliances: Dishwasher, Dryer, HIS Microwave Hood, Range, Refrigerator, Washer
Fireplace Features:
Flooring: Ceramic Tile, Vinyl
Security: Closed Circuit Camera(s)
Laundry: Common Area

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

Community Information

Project Name: Kailua Village
Subdivision Name: HIENALOLI 1ST - HIENALOLI 6TH
Association Fee: $881 Monthly

Stories: 7
Year Established:

Lava Zone: 4
Flood Zone: AE, X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple

Lot Features:
Frontage: a:0:{}
Frontage Type:
Roads: None
Roads Frontage Type: HIS Road/Street

Zoning: V-.75
Horse Amenities:

Additional Details

Assessed Tax Value: $355,900
Annual Tax: $4,372
Tax Year: 2024
Tax Lot:
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
Cooling: Heat Pump, HIS Air Conditioning, Zoned
Heating: Heat Pump, Zoned
Sewer:
Water:
Solid Waste Disposal: Included with Maintenance Fees

First Listed March 15, 2025, 7:46 am
Last Updated May 12, 2025, 10:52 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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