This is a leasehold property. CASH or 1031 exchange only.
Charming Updated Condo in the Heart of Kona – Successful Vacation Rental!
Welcome to this beautifully updated, turn-key 2-bedroom, 1-bath condo located in the vibrant heart of Kona, with an ocean view. Just steps from the Ironman finish line and within walking distance to the pier, local markets, grocery stores, dining, shopping, and the stunning Pacific Ocean – the location couldn’t be more ideal.
Whether you’re looking for a personal island retreat or a proven investment property, this condo offers it all. Currently operating as a successful vacation rental, it’s fully furnished and ready for you or your guests to enjoy the best of Hawaii.
Maintenance fee includes water, sewer, gas, garbage service, ground maintenance, pool maintenance, quarterly pest control. NEW, coin operated washer/dryers on property.
Sold for $185,000 on 10/24/25
$185,000
74-5618 Palani Rd APT C7, Kailua Kona, HI 96740
2beds
616sqft
Condominium
Built in 1969
-- sqft lot
$184,400 Zestimate®
$300/sqft
$2,304 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 24, 2025 at 01:52am
Listed by:
Lori McNeel 8082057720,
First Island Realty, LLC
Bought with:
MerryAnne Stone, RB-18200
Coldwell Banker Island Properties - Kona
Source: Hawaii Information Service,MLS#: 719984
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Microwave, Range, Refrigerator
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 616
- Total interior livable area: 616 sqft
Property
Parking
- Parking features: Assigned
Details
- Parcel number: 3740100360023
- Zoning: CV-10
- Special conditions: Leasehold,Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 1969
Utilities & green energy
- Utilities for property: Electricity Available, Sewer Connected
Community & neighborhood
Location
- Region: Kailua Kona
- Subdivision: KONA INDUSTRIAL SUBDIVISION
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $850 monthly
Other
Other facts
- Listing terms: 1031 Exchange,Cash
- Ownership: CPR
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$184,400
2% more+$3,688
With Zillow Showcase(estimated)$188,088