74-5618 Palani Rd #K4, Kailua-Kona, HI 96740 (MLS # 723211)
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This is a leasehold property. Prime location! Kona Kai condominiums is in walking distance to shopping, the bay front, and downtown shops and pier. This one-bedroom, second-floor unit is located in the heart of Kailua-Kona and features a partial mountain view from the lanai. The condo has been recently updated with new propane range and refrigerator, freshly painted, and other minor repairs.
The zoning currently permits short-term vacation rentals, making this an ideal opportunity. The current land lease rent is $323 per month. Monthly maintenance fees are $707 (subject to change) covering landscaping, common area upkeep, trash removal, propane for cooking, hot water, and common area insurance.
Kona Kai residents enjoy a community pool, BBQ area with picnic tables, and a coin-operated laundry room equipped with new machines. This property is being sold for cash, as traditional financing is not available. A great value for a centrally located home or rental in the heart of Kailua!
"‹MLS listing details and public records are believed to be accurate, but cannot be guaranteed. Buyers should independently verify any information they consider essential or relevant to their purchase. Association Manager: Associa Hawaii.
| DAYS ON MARKET | 22 | LAST UPDATED | 8/14/2025 |
|---|---|---|---|
| TRACT | KONA INDUSTRIAL SUBDIVISION | YEAR BUILT | 1969 |
| COUNTY | Hawaii | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer |
|---|---|
| HOA DUES | 707 |
| LOT | 0 |
| PARKING | Assigned |
| POOL DESCRIPTION | In Ground |
| SUBDIVISION | KONA INDUSTRIAL SUBDIVISION |
| TAXES | 1580.82 |
| UTILITIES | Cable Available, Electricity Available, Phone Available, Sewer Connected |
MORTGAGE CALCULATOR
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Listed with Coldwell Banker Island Properties - Hilo
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 8/29/25 4:17 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 8/29/25 4:17 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2025.