Islander on the Beach unit 341 is a top floor direct ocean view condo unit which offers a spectacular ocean view from the lanai as seen in the first picture of this listing. In this complex, not all units have direct ocean views. This first picture is what you and your guests get to enjoy while you relax and sip coffee sitting on the lanai of this lucrative condo unit. Unit 341 has been privately managed by the owner and it has established a 10 year record of outstanding income history. Just in the last three year, the income has almost doubled. When you manage privately, you keep more of the income. Islander on the Beach sits on 6 acres of beautifully landscaped grounds and is literally only steps from the ocean. Be lulled to sleep to the sound of the surf and dine on your very own private lanai. Brand new Fujitsu Halcyon air conditioner has just been added to the unit. This unit 341 has 102 5 star reviews demonstrating how the owners has meticulously managed the unit. This unit if bought can continue to ride on the fantastic reviews of the property already set by the current owner. If bought cash, this investment offers an incredible ROI and you can enjoy that income and also come and stay in a fabulous oceanfront condo complex in your spare time!!
Off market
Zestimate®
$467,500
440 Aleka Pl #341, Kapaa, HI 96746
0beds
372sqft
Condo
Built in 1970
-- sqft lot
$467,500 Zestimate®
$1,257/sqft
$1,977 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- None
Appliances
- Included: Microwave, Refrigerator
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 372 sqft
Property
Features
- Exterior features: Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 55 Acres
Details
- Parcel number: 430020130120
Construction
Type & style
- Home type: Condo
Materials
- steel and concrete
- Foundation: Concrete
- Roof: Shake / Shingle
Condition
- Year built: 1970
Community & neighborhood
Location
- Region: Kapaa
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $864 monthly
Other
Other facts
- Land Tenure: Fee Simple
- Status: Active
- Roads: Private, Paved, County
- Appliances: Refrigerator, Microwave
- Terms Acceptable: Cash, 1031 Exchange
- Floor Covering: Carpet
- Water: Municipal
- Power: Underground
- Vehicle Storage/Parking: Unassigned
- Wastewater: Sewer-Connected
- Solid Waste Disposal (Trash): Included with Maintenance Fees
- Project: ISLANDER ON THE BEACH