74-5618 Palani Road, Unit M6

Kailua-Kona, HI 96740

$179,500
Price
1
Beds
1
Bath
535 Sq. Ft.
$336 / Sq. Ft.
535
Sq. Ft.
$336
per Sq. Ft.
a view of a dining room with furniture and a window
a living room with furniture and a large window
a living room with furniture and a flat screen tv
a view of a room with a table and chairs
a kitchen with stainless steel appliances granite countertop a stove top oven a sink a dining table and chairs with wooden floor
a kitchen that has a sink and a stove in it
a bathroom with a sink and a mirror
a living room with furniture a flat screen tv and a refrigerator
a living room with furniture and a flat screen tv
a bedroom with a bed and a chair
a living room with furniture and a couch
a bedroom with a bed and a night stand
a living room with furniture and flowers
a bathroom with a sink a toilet and a mirror
a room with furniture and white walls
a view of a dining room with furniture and a window
a view of a house with backyard sitting area and porch
a view of a house with a swimming pool

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...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.
  1. Listed by Rebecca Clancy • License #RB-22167 • Hawaii Real Estate Group LLC

Property Details for 74-5618 Palani Road, Unit M6

Subdivision
KONA INDUSTRIAL SUBDIVISION
Zoning
CV-10
Land Tenure
Leasehold
LISTING UPDATED: 10/28/2024 10:43 AM

Property Details for 74-5618 Palani Road, Unit M6

StatusActive
MLS #713251
Days on Market132
Taxes$1,430 / year
HOA Fees$530 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo / Attached
Year Built1969
CountyHawaii County

Building Information for 74-5618 Palani Road, Unit M6

Building/Complex74-5618 Palani RdFloor-Stories-Residences-Pet Policy-Year Built1969

Property Information for 74-5618 Palani Road, Unit M6

Summary
Location and General Information
  • Latitude: 19.64397454
  • Location: Kona Kai #M6
  • Longitude: -155.99599075
  • Oceanfront Parcel: N
  • Street: PALANI RD
  • Street Address Full: 74-5618 PALANI RD #M6 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): $1,429.74
  • Taxkey: 3-7-4-10-36-93
  • Taxkey9: 374010036
Parking
  • Vehicle Storage/Parking: Assigned
Virtual Tour
  • Tours: 0
Property
Lot Information
  • Roads: County
  • Year Built Maximum: 1969
  • Year Built Minimum: 1969
  • Interior Area (Total): 535.0
  • Land Area: 0.0
  • Flood Zone: X
  • Lava Zone: 4
Property and Assessments
  • Special Assessment: Yes
  • Special Assessment Amount (Monthly): $240
  • Disclosure Form: Yes
  • Assessed Value: $128,200
  • Assessment Year: 2024
  • Project: Kona Kai
  • Property Type: Condo
  • Public Report Number: 1132
  • Photos: 18
Utilities
  • Power: Overhead
  • Wastewater: Sewer-Connected
  • Water: County
  • Solid Waste Disposal (Trash): Included with Maintenance Fees
Interior and Exterior Features
Exterior Features
  • Pool: N
Interior Features
  • Appliances: Microwave, Refrigerator, Range/Oven
  • Bathrooms (Total): 1
  • Baths 1/2 (Total): 0
  • Baths 1/4 (Total): 0
  • Baths 3/4 (Total): 0
  • Baths Full (Total): 1
  • Bedrooms (Total): 1
  • Floor Covering: Carpet
Multi Family
Multi-Family Information
  • Bldg Units: M6
Agent
Sale and Listing
  • Ownership: CPR
  • Media Changed: 08-11-2024
  • Terms Acceptable: 1031 Exchange, Cash
  • Leasehold Expires When: 2034
  • Listor Name: Rebecca Clancy
  • Days on Market: 78
  • 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 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.<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>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.<br>ACCOMMODATIONS: With a large bedroom, residents can unwind in comfort in the bedroom, which has a large closet and an individual air conditioner.<br>KITCHEN: Fully-equipped kitchen, complete with new appliances, quartz countertops, and ample cabinet space.<br>AMENITIES: A sparkling swimming pool, laundry center, assigned parking, and lush tropical landscaping.<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: Other (remarks)

Property History for 74-5618 Palani Road, Unit M6

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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 M6

Taxable ValueLand$17,500Additions$110,700Total$128,200
Tax Record2024$1,575 ($131 / month)
Home Facts
Beds1Baths1Total Finished SqFt535 SqFtAbove Grade Finished SqFt535 SqFtStories1StyleCondominiumYear Built1969ZoningCV-10CountyHAWAIIAPN3-7-4-010-036-0093

Schools near 74-5618 Palani Road, Unit M6

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Kealakehe Elementary School
Public - PK to 5
Kealakehe Intermediate School
Public - 6 to 8
Kealakehe High School
Public - 9 to 12
Innovations - Public Charter School
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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More information about 74-5618 Palani Road, Unit M6, Kailua-Kona, HI 96740

74-5618 Palani Road, Unit M6 is a condo for sale in Kailua-Kona, HI 96740. This property was listed for sale on August 11, 2024 by Hawaii Real Estate Group LLC, it's currently listed at $179,500. It has been on the market for a total of 132 days and was last sold on July 7, 2022. This listing's school district is Hawaii Department Of Education. Nearby schools include Kealakehe Elementary School, Kealakehe Intermediate School and Kealakehe High School. 74-5618 Palani Road, Unit M6 is a 1-bed, 1-bath, 535 sqft condo built in 1969.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hawaii Real Estate Group LLC, Rebecca Clancy, License #RB-22167