This is a FAKE listing...I have had a few people contact me about the listing, so I did a bit of research. After contacting the company that shows as the listing broker, they have no idea where the property is AT ALL. So I drove by to be 100% sure and it is definately not for sale and not for the price that is listed. MahaloChris M.T. Boddenwww.BoddenRealEstate.com
The maintenance fees are $355 per month and that includes: cable, sewer and water.There is also a monthly lease fee since this property is a Leasehold property. That fee is $338 per month until 2012, then it jumps to $359 till 2017. After 2017 the lease is renegotiated until it expires in 2041. Also FYI the monthly taxes are $89.There are 8 active listings in the building ranging from $139k - $263k. Please feel free to contact me with any questions that you may have or if you would like me to set up a showing for you to visit this property or any others.MahaloChris M.T. Boddenwww.BoddenRealEstate.com
It doesn't look like there is an easement for beach access for this property, but to be sure I would need to do some further research. To answer your question about owning the beach, no the homeowner does not own the beach. Here in Hawaii you may not own the beach itself, and there almost always going to be a beach access walkway to get to the beach.Hope that this helps and if you have any other questions or want to know more details about this property please let me know.MahaloChris M.T. Boddenwww.BoddenRealEstate.com
The tax records show this property as Fee Simple. Below is a link for a property that is for sale on the same street. Please let me know if you would like me to send you a list of others that are available in the neighborhood.Here is the link:http://listings.hicentral ... tId=37573Mahalo
I haven't heard of changing a property from fee simple to leasehold, only the other way around. I'm sure it is possible, but not sure if it would be worth your time and effort to do so. Also if you were to make it a leasehold you would most likely want to make it more than 30 years so that the new buyer could get a mortgage to purchase your property. I believe that the lease has to run for at least 5 years past the maturity date on the note (ie 35 years for a 30 year fixed). [content removed by moderator for being self promotional]
Doesn't sound like a very honest or ethical agent...I would report it to the local board of REALTORS (as recommended by another agent below). Not a smart thing to do. Please feel free to contact me or visit my website if you would like to work with a Realtor with honesty and integrity. Last but not least I will help you get your home SOLD!Mahalo
There is a huge number of condos with 2+ bedrooms and bathrooms in Honolulu. Prices can range from a couple hundred thousand well in the million range...it really depends what you are looking for and where. [content removed by moderator for being self promotional]
From a HNL Broker: looks like fake ad. No such listing. Know area well. Price would be MUCH higher!
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