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This is a leasehold property. 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 upstairs unit in the center of Kona Kai, with a peekaboo mountain view from small enclosed lanai that opens to living room. Fabulous value for a basic unit sold unfurnished. Zoning allows for short term vacation rental; new owner can choose to apply for STVR permit or long term tenants would love to stay. Pets allowed subject to approval of homeowners association. Current lease rent is $323 per month and will be renegotiated in 2029, with lease ending in 2034. Current maintenance fees are $508 per month and include landscaping and common area maintenance, rubbish removal and quarterly pest control, gas for cooking and hot water, water heaters, pool maintenance, exterior maintenance and common area insurance. Lease rent is currently $323 per month, paid to lessor every 6 months. Kona Kai has a nice pool and Bbq area with picnic tables and a coin operated laundry. Location, location, location! Offers are CASH ONLY; no financing available. Tenant occupied, so allow time for showings. We will accommodate showings as possible, 24-48 hour notice preferred, mahalo!

Property Details of 74-5618 Palani Road

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Listed by Lorraine Kohn of Paradise Found Realty

 "Based on information submitted to <PUT MLS NAME HERE> as of November 28, 2022 4:30 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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