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.
For sale
$195,000
74-5618 Palani Rd APT C7, Kailua Kona, HI 96740
2beds
616sqft
Est.:
Single Family Residence
Built in 1969
-- sqft lot
$190,000 Zestimate®
$317/sqft
$850/mo HOA
What's special
Ocean view
- 18 days
- on Zillow |
- 2,468 |
- 65 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 06:38am
Listed by:
Lori McNeel 8082057720,
First Island Realty, LLC
Source: Hawaii Information Service,MLS#: 719984

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Microwave, Refrigerator, Range/Oven
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: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Single Family Residence
Condition
- Year built: 1969
Details
- Builder model: Kona Kai
Utilities & green energy
- Water: County
- Utilities for property: Sewer-Connected, Overhead
Community & HOA
Community
- Subdivision: Kona Industrial Subdivision
HOA
- Has HOA: Yes
- HOA fee: $850 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $317/sqft
- Tax assessed value: $141,200
- Annual tax amount: $1,734
- Price range: $195K - $195K
- Date on market: 4/4/2025
- Listing terms: 1031 Exchange,Cash
- Ownership: CPR,
- Electric utility on property: Yes
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