74-5618 PALANI RD #L2 Kailua Kona, HI 96740
1 Bed
1 Bath
515 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 515 sqft
Price per Sqft $223
Subdivision Kona Industrial Subdivision
MLS Listing ID 732315
Bedrooms 1
Full Baths 1
HOA Fees $625/mo
HOA Y/N Yes
Rental Info 323
Year Built 1969
Annual Tax Amount $1,181
Tax Year 2026
Property Sub-Type Condominium
Source Hawaii Information Service
Property Description
Second-floor unit in one of Kailua-Kona's most central locations, just 0.3 miles from the pier and Alii Drive, so swimming, shopping, and strolling are right outside your door. This unit has an open lanai (although owners can screen in lanais) and an ultra prime parking spot right outside the door.
Recently updated with new laminate flooring, fresh paint throughout, new bathroom vanity and shower surround, and new kitchen appliances — including a gas range which is a rare treat when it comes to condo living.
Land lease through 2034, this is a cash-only purchase, not financeable. CV-10 zoning and HOA rules both allow short-term vacation rental use (STVR/TAR permit not yet obtained, to be secured separately by buyer), offering ultimate flexibly to cover carrying costs when not in use.
Whether you're looking for a home base or a place to get away, this condo puts your Kona dream within reach.
Kona Kai amenities: large community pool with expansive pool deck, BBQ area, on-site coin laundry, outdoor shower for rinsing off.
Location
State HI
County Hawaii Island (big Island)
Community Kona Industrial Subdivision
Area Hi
Building/Complex Name Kona Kai
Zoning CV-10
Region North Kona
City Region North Kona
Interior
Flooring Carpet
Appliance Dishwasher, Microwave Hood, Range, Refrigerator
Exterior
Parking Features Assigned
Utilities Available Electricity Available, Sewer Connected
View Y/N No
Garage No
Private Pool No
Others
Ownership CPR
Monthly Total Fees $625
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition Leasehold, Standard
Nearby Locations