74 5618 Palani Rd Unit M6
Kailua-Kona, HI 96740
- 1 bed
- 1 bath
- 535 sqft
- $335 per sqft
- 1969 build
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.
Last checked:
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Last updated Apr 15, 2025
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MLS# 713251 —
The Building
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Year Built:1969
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Unit Number:M6
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Roofed Area Units:Square Feet
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Exterior Area Units:Square Feet
Interior
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Flooring:Carpet
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Living Area:535 Sqft
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Living Area Units:Square Feet
Financial & Terms
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Listing Terms:1031 Exchange, Cash
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Ownership:CPR
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Land Tenure:Leasehold
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Leasehold Rent:$323
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Leasehold Expires:2034
Location
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Region:North Kona
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Unparsed Address:74-5618 PALANI RD, #M6, KAILUA-KONA, HI 96740
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Longitude:-155.99599075
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Latitude:19.64397454
The Property
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Property Type:Residential
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Property Sub Type:Condominium
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Property Attached:true
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Zoning:CV-10
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Lot Size Area:0 Sqft
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Parcel Number:3740100360093
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Roads:County
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Elevation Units:Feet
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Flood Zone:X
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Lava Zone:4
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (808) 990-0437
- Office phone:
- (888) 819-9669
Taxes
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Tax Year:2023
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Tax Annual Amount:$1,429.74
Beds
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Bedrooms Total:1
Baths
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Bathrooms Full:1
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Bathrooms Total:1
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Bathrooms Total:1
Utilities
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Utilities:Electricity Available, Sewer Connected
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Solid Waste Disposal:Included with Maintenance Fees
Appliances
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Appliances:Microwave, Range, Refrigerator
The Community
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Subdivision Name:Kona Industrial Subdivision
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Association Fee:$529.55
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Association Fee Frequency:Monthly
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Pool:false
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Pets Allowed:Yes
Parking
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Parking Features:Assigned
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Garage Area Units:Square Feet
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Carport Area Units:Square Feet
Monthly cost estimate
Asking price
$179,500
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$961
|
| Taxes | $119 |
| Insurance | $49 |
| HOA fees | $530 |
| Utilities | $137 See report |
| Total | $1,796/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/15/17
Mar 15, 2017
|
HISMLS | $42,000 |
