74-5618 Palani Rd Unit A4, KAILUA KONA, HI 96740

$140,000
1
BD
1
BA
480
SqFt

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List Price
$140,000
MLS#
732427
Days on Market
1
Status
ACTIVE
Type
Condo
Building
Kona Kai
Bedrooms
1
Bathrooms
1
Living Area
480
Land Tenure
Leasehold
Neighborhood
Kona Industrial Subdivision

Property Description

This is a leasehold property. Own one of the area's most sought-after vacation rentals! This beautifully maintained top-floor condominium has been a consistently successful Airbnb property, generating an average of approximately $55,000 in annual gross rental revenue over the past five years. With an established rental history, outstanding guest reviews, and reservations already on the books through 2027, this is a rare opportunity to step into a proven, income-producing property from day one. Located on the top floor of a two-story building, the condominium enjoys peaceful privacy along with relaxing ocean and pool views from the lanai. Guests love the bright, open feel and the elevated vantage point that captures Kona's beautiful sunsets and tropical atmosphere. The location is one of the property's greatest assets. Situated in the heart of Kona, visitors can easily walk or take a short drive to beaches, restaurants, shopping, and local attractions. This highly desirable central location has been a major contributor to the property's exceptional occupancy and repeat guest business. The sale includes one assigned parking space, adding convenience for both owners and guests. Please note: This is a leasehold property and because of leasehold financing limitations a cash purchase is required. Whether you're looking to expand your vacation rental portfolio or own a tropical getaway with a proven income stream, this turnkey investment offers an exceptional combination of location, performance, and lifestyle.

Additional Information

View
Coastline
Appliances
Range, Refrigerator
Zoning
CV-10
Year Built
1969
Unit
A4
District
North Kona
Pool
Yes

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Calculator source: Real Geeks

Listing courtesy of Hawaii Real Estate Group LLC.

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