This is a leasehold property. With over $67,000 gross yearly income, this is a great investment property!<br><br>Welcome to your tropical escape at the Kona Islander Inn! This charming condo offers a private lanai that opens to beautifully landscaped grounds, inviting you to relax and recharge in a serene setting. Whether you're sipping your morning coffee or unwinding after a day of adventure, this peaceful space is the perfect retreat.<br><br>This unit is currently an active Short-Term Vacation Rental with a solid history of bookings—an ideal opportunity for those seeking an investment property in the heart of Kailua-Kona. The complex features resort-style amenities including a pool and hot tub, lush tropical gardens, BBQ grills, and a welcoming front desk team to assist with guest check-ins and check-outs.<br><br>Perfectly situated on vibrant Alii Drive, you're just steps away from beaches, restaurants, shops, and local entertainment. Parking is available on a first-come, first-serve basis, and the on-site laundry room is accessible with a key card.<br><br>Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet, helping you keep your costs fixed and budgeting simple. The lease runs through 2079 with a renegotiation date set for 2029.<br><br>Don’t miss this opportunity to own a slice of paradise in one of Kona’s most popular vacation destinations!
For sale
$209,000
75-5776 Kuakini Hwy APT 123, Kailua Kona, HI 96740
0beds
372sqft
Est.:
Condominium
Built in 1969
-- sqft lot
$200,400 Zestimate®
$562/sqft
$1,288/mo HOA
What's special
Pool and hot tubBbq grillsLush tropical gardensPrivate lanaiBeautifully landscaped grounds
- 90 days
- on Zillow |
- 190 |
- 4 |
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