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.
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
What's special
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#: 704446
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