74-5618 Palani Rd #M3, Kailua Kona, HI 96740 (MLS # 734598)

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PRICE $129,000 dsIDX morgage calculator
BEDS 1
BATHS 1
HOME SIZE 535 sqft
LOT SIZE n/a

This is a leasehold property. Discover an exceptional opportunity to own a beautifully upgraded, income-producing condominium in the heart of Kona! This stylishly furnished vacation rental has a proven track record of success, consistently generating approximately $57,000 in annual gross rental revenue. With upgraded flooring, attractive furnishings included in the sale, and an established short-term rental history, this property offers an appealing combination of comfort, convenience, and investment potential. This inviting condominium offers a welcoming tropical retreat for owners and guests alike. The included furnishings make this an attractive turnkey opportunity for buyers looking to continue its successful rental operation. Location is one of this property's greatest assets. Situated in the heart of Kona, you're just minutes from the ocean, beaches, restaurants, shopping, banking, and everyday conveniences. Guests appreciate the central location, with easy access to Kona's beautiful coastline, spectacular sunsets, and popular attractions. This highly desirable setting has helped contribute to the property's consistent rental performance. The sale includes one assigned parking space, providing added convenience for owners and guests. Please note: This is a leasehold property, and due to leasehold financing limitations, a cash purchase is required. Rental income figures are historical gross revenues and are not a guarantee of future performance. Whether you're looking to expand your vacation rental portfolio or enjoy your own tropical getaway with established income potential, this upgraded, fully furnished Kona condominium offers an outstanding combination of location, style, and proven rental performance.

DAYS ON MARKET 4 LAST UPDATED 10/30/2026
TRACT KONA INDUSTRIAL SUBDIVISION YEAR BUILT 1969
COUNTY Hawaii STATUS Active
PROPERTY TYPE(S) Condo/Townhouse/Co-Op


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Microwave, Range, Refrigerator
HOA DUES 625.09
LOT 0
LOT DIMENSIONS 0.0
PARKING Assigned
SUBDIVISION KONA INDUSTRIAL SUBDIVISION
TAXES 1181.62
UTILITIES Cable Available, Electricity Available, Phone Available, Sewer Connected
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TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 74-5618 PALANI RD #M3
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Listed with Hawaii Real Estate Group LLC
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 10/31/26 3:23 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2026 by HiCentral MLS, Ltd.

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