75-6016 Alii Dr APT 216, Kailua Kona, HI 96740

This is a leasehold property.<br>Tiki Ali‘i Retreat – Ali‘i Villas #216<br>Kailua-Kona, Hawai‘i – Big Island<br>Leasehold | Active Short-Term Vacation Rental (STVR License Transferable)<br><br>Own a slice of paradise at the popular oceanfront Ali‘i Villas in Kailua-Kona!<br>Welcome to Unit #216, affectionately known as the Tiki Ali‘i Retreat – a busy, licensed vacation rental being sold turnkey furnished. This 1-bedroom, 1-bath walk-up condo is located on the quiet south side of the complex and features a relaxing garden view, perfect for enjoying Kona's breathtaking sunsets.<br><br>This is a leasehold property, with the current lease expiring in 2029. The fee is available for purchase as of June 2025 for $404,000, with a $4,000 monthly increase in price thereafter if not purchased by the seller or new owner. Lease fee purchase can be completed simultaneously with the condo purchase.<br><br>Step into an open-concept living, kitchen, and dining area, where sliding doors open to a spacious lanai that welcomes ocean breezes and island vibes. Enjoy al fresco dining, morning coffee, or sunset cocktails on the private lanai.<br><br>Features include:<br><br>Full-size washer & dryer<br>Updated ceiling fans<br>Ample storage for beach gear<br>Pet-friendly (one small dog or cat allowed w/ board approval)<br>Fully licensed and transferable STVR – start earning income immediately<br>Ali‘i Villas Amenities:<br><br>Solar-heated saltwater pool<br>Oceanfront BBQ area & sunset viewing deck<br>Lush tropical landscaping<br>Library & common areas<br>Walking distance to restaurants, shops & activities in Kona town<br>Monthly HOA Fees Include:<br>Water, garbage collection, basic cable, internet, and exterior/common area maintenance.<br><br>Don’t miss this rare opportunity to own a turnkey vacation rental or your own personal getaway along the famous Ali‘i Drive!