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SOLD
MLS: 704794
Condo: Kona Kai #J4
 
Asking Price: $150,000 Leasehold
Sold Price: $150,000
Sold Date: 01/05/2024
Type: Condo/Residential Condo
District: North Kona
Street: 74-5618 Palani Rd
Neighborhood: Kona Industrial Subdivision
Beds: 1   Baths: 1
Living Area: 535 SF

Pool: Yes
Parking: Assigned
Days on Market: 197
(The Price of the property was lowered by $5,000 on 11/13/2023)
Year Built: 1969
Zoning: CV-10
Roads: Paved
Property Taxes: $1,395,.35
Assessed Value: $113,600
Assessed Ratio: 132.04%
Listing Courtesy: LUVA LLC
Terms Acceptable: Cash,1031 Exchange
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Recently updated 1 bedroom garden view unit w/assigned parking stall

This is leasehold property.
Are you looking for a piece of paradise to call your own? Look no further than Unit J-4 in Kona Kai. This stunning 1 bedroom, 1 bath unit was recently remodeled in 2023.
The open and modern unit features a comfortable and open living area, a fully equipped kitchen with a brand new gas range, and a nicely upgraded bathroom. The bedroom offers a peaceful oasis for you to rest after a day of adventure with air conditioning.

Kona Kai has a central location, offering a wide range of activities and amenities for its residents. Take a dip in the refreshing pool, or the ocean which is just a block away. Conveniently located close to grocery stores and restaurants.
Investing in Unit J-4 means investing in a piece of paradise that you can enjoy year-round. Whether you're looking for a primary residence, a vacation home, or an investment property, this unit offers endless possibilities.
Current lease rent is $323 per month and will be renegotiated in 2029, with lease ending in 2034. Current maintenance fees are $515 per month and include landscaping and common area maintenance, rubbish removal and quarterly pest control, gas for cooking and hot water, water heaters, pool maintenance, exterior maintenance and common area insurance. This is a Leasehold Property, CASH offers only.


 
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