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Sold for $335,000 on 11/02/23
  • $335,000

    4331 Kauai Beach Dr #2508, Lihue, HI 96766

    0beds
    307sqft
    Condominium
    Built in 1985
    -- sqft lot
    $305,600 Zestimate®
    $1,091/sqft
    $2,029 Estimated rent

    Owner options

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    $2,029/mo

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    $2,029/mo

    Rent Zestimate®

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    $3,235/mo

    Est. payment

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    $3,235/mo

    Est. payment

    What's special

    Attention Investors: Unheard of 12% cap rate realized in the past year at this beachfront vacation rental on beautiful Kauai. With the postcard perfect ocean view that is the best at the resort, you will find demand high on this vacation rental investment, as the Seller achieved 90% occupancy rate year after year. Ocean views, glorious sunrises, cool breezes, and 25 acres of lush resort landscaping are here for you and your guests. This top floor studio unit in the main building comes rent ready with all furnishings including beach equipment, fridge, bonus air bed and crib, Hawaiian decor, desk, king bed, linens, A/C, heater, and much more! Unit 2508 has 280 reviews and a 4.9 star rating, so you will start generating income from day 1. Manage it yourself, join the in-house rental pool, or have a vacation rental management service take care of the details. From the highest location at the resort, you will enjoy direct facing ocean and pool views from inside the room and on your spacious balcony. As part of the Kauai Beach Resort, benefit from access to all the resort's features including 4 pools, water slide, 2 hot tubs, a fitness center, and miles of beach. The relaxation continues thanks to the onsite full-service spa, restaurant, bar, and lounge with fire pit, making it easy to indulge in the ultimate island getaway. With its prime coastal location mid-point on the island, Lihue offers quick access to all of Kauai's top attractions. Whether you're looking to hike the Napali Coast, explore Waimea Canyon, or simply relax on the beach, this is the perfect place to make your island getaway.

    Zillow last checked: 8 hours ago

    Listing updated: September 18, 2024 at 09:00am

    Listed by:

    Michael Ambrose 8088550777,

    Keller Williams Honolulu

    Bought with:

    Cole Schlack, RS-83268

    eXp Realty

    Source: Hawaii Information Service,MLS#: 704446MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: Refrigerator
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 307
    • Total interior livable area: 307 sqft

    Property

    Parking
    • Parking features: Covered, Unassigned
    Details
    • Parcel number: 4370030150207
    • Zoning: RR-20
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1985

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available

    Community & neighborhood

    Location
    • Region: Lihue
    • Subdivision: HANAMAULU & KALAPAKI

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,441 monthly

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash
    • Ownership: CPR
    • Road surface type: Paved