Kona Kai 74-5618 Palani Rd D5 in KONA INDUSTRIAL SUBDIVISION | MLS® 721367 For Sale $179,500 in North Kona, Hawaii

$179,500

MLS® #: 721367 Monthly Maintenance Fees $706

74-5618 Palani Rd D5

North Kona, HI 96740

$179,500

MLS® #: 721367 Monthly Maintenance Fees $706

74-5618 Palani Rd D5

North Kona, HI 96740

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This is a leasehold property. With over $67,000 gross yearly income, this is a great investment property!

Welcome to your tropical escape at the Kona Islander Inn! This charming condo offers a private lanai that opens to beautifully landscaped grounds, inviting you to relax and recharge in a serene setting. Whether you're sipping your morning coffee or unwinding after a day of adventure, this peaceful space is the perfect retreat.

This unit is currently an active Short-Term Vacation Rental with a solid history of bookings—an ideal opportunity for those seeking an investment property in the heart of Kailua-Kona. The complex features resort-style amenities including a pool and hot tub, lush tropical gardens, BBQ grills, and a welcoming front desk team to assist with guest check-ins and check-outs.

Perfectly situated on vibrant Alii Drive, you're just steps away from beaches, restaurants, shops, and local entertainment. Parking is available on a first-come, first-serve basis, and the on-site laundry room is accessible with a key card.

Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet, helping you keep your costs fixed and budgeting simple. The lease runs through 2079 with a renegotiation date set for 2029.

Don’t miss this opportunity to own a slice of paradise in one of Kona’s most popular vacation destinations!

KONA ISLANDER INN 75-5776 Kuakini Highway 123, North Kona

$209,000 - 1.00 Baths, 372 Sf

MLS® # 720985

COMPASS

Active

Kona West 75-5680 Kuakini Highway 112, North Kona

$160,000 - 1.00 Baths, 338 Sf

MLS® # 720371

Coldwell Banker Island Properties - Kona

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This is a leasehold property. Are you looking for a successful and fully furnished STVR in paradise? Now is your chance to operate an AMAZING TURNKEY unit located in Kona Kai! The location and walking distance to the heart of Kailua Kona make this unit very desirable. Enjoy stunning ocean and pool views and a fabulous location within walking distance to restaurants, surf, snorkel, and shopping. This unit has recurring guests who love to book their vacations year after year. The highlight of their vacation is to enjoy the walking distance to the ocean, Alii Drive and the breezy lanai views.

This unit was tastefully renovated to welcome vacationers and optimized for comfort.
The master bedroom boasts a comfortable king-sized bed and this room and the living room are cooled by a split-system AC. The kitchen is adorned by stunning cabinets as well as coffee bar station to provide extra amenities for the guest.

The complex also offers amenities such as a swimming pool and barbecue area, perfect for enjoying the island's sunny weather and hosting gatherings with friends and family.

The AirBNB account can be transferred with hundreds of positive reviews ( ⭑⭑⭑⭑⭑ +338 reviews). All future bookings will convey at closing. Unit is being sold fully furnished.

Maintenance fee includes:
~water
~sewer
~gas
~garbage service
~ground maintenance
~pool maintenance
~quarterly pest control
~property manager
~Coin operated washer/dryer on property

This is a VERY ACTIVE vacation rental. Showings will be scheduled upon unit availability.

Kona Kai 74-5618 Palani Rd A4, North Kona

$135,000 - 1 Beds, 1.00 Baths, 480 Sf

MLS® # 719859

Koa Realty, Inc.

Kona Kai

$179,500

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Kona Kai

$179,500

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