74-5618 Palani Rd UNIT K4
(ACTIVE) 666736
Interior Area:
535 sqft
Year Built:
Lot Size:
0 sqft
Land Tenure:
Property Type:
On Market:
Nov 21, 2022
Mar 17, 2023
Total Monthly Fees:

Listing Remarks

Now vacant and easy to see! 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 view from 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. Pets allowed subject to approval of homeowners association. Current lease rent is $323 per month paid to lessor every 6 months, 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. 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. Needs some upgrades or just TLC. Great value for a place right in town.

Property Location

Public Reports

Other Details

Address: 74-5618 Palani Rd UNIT K4, Kona Kai 96740
Lat/Long: 19.64397454 | -155.99599075
Taxkey: 3740100360075
Project Name: Kona Kai
Property Type: Condominium
Bedrooms: 1
Total Baths: 1
Full Baths: 1
Living Area: 535 sqft
Oceanfront Parcel: N
Pool: N
Association Dues: $0
Condo Maint. Fees: $508
Annual Tax: $1,174
Assessed Value: $95,600
Assessment Year: 2022
Zoning: CV-10
Assessed Land Value: $17,500
Assessed Improvements Value: $21,200
Annual Tax (Year): 2015
Garage Area: 0 sqft
Car Storage:
  • Assigned
  • Refrigerator
  • Range/Oven
Floor Covering:
  • Carpet
  • Paved
  • Sewer-Connected
CSB** : 3
** Cooperating Broker Compensation: The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.