Price Reduced Listing
$114,000
 $612 est/mo Sourced by Back At You

74-5618 Palani Rd A4,Kailua Kona, HI 96740

Kailua Kona, HI 96740

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Description

This is a leasehold property.Own one of the area's most sought-after vacation rentals! This beautifully maintained top-floor condominium has been a consistently successful Airbnb property, generating an average of approximately $55,000 in annual gross rental revenue over the past five years. With an established rental history, outstanding guest reviews, and reservations already on the books through 2027, this is a rare opportunity to step into a proven, income-producing property from day one.Now offered at it's rock bottom price and with the potential of transferring approx. $22,000 of future 2026 STVR bookings. Located on the top floor of a two-story building, the condominium enjoys peaceful privacy along with relaxing ocean and pool views from the lanai. Guests love the bright, open feel and the elevated vantage point that captures Kona's beautiful sunsets and tropical atmosphere. The location is one of the property's greatest assets. Situated in the heart of Kona, visitors can easily walk or take a short drive to beaches, restaurants, shopping, and local attractions. This highly desirable central location has been a major contributor to the property's exceptional occupancy and repeat guest business. The sale includes one assigned parking space, adding convenience for both owners and guests. Please note: This is a leasehold property and because of leasehold financing limitations a cash purchase is required. Whether you're looking to expand your vacation rental portfolio or own a tropical getaway with a proven income stream, this turnkey investment offers an exceptional combination of location, performance, and lifestyle.

Details

MLS #732427
Listing TypeFor Sale
StyleCondominium
HOA Dues$625
Sub-TypeResale
StatusActive
Year1969
Days On Site21
Listing Provided ByHawaii Real Estate Group LLC | Rebecca Clancy

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet480
PoolYes
ZoningCV-10
Property ViewCoastline

Taxes

Property1204

Area Information

StateHI
CityKailua Kona
Zip Code96740
AreaBig Island
Community NameKONA INDUSTRIAL SUBDIVISION
Listing VS Median (in KONA INDUSTRIAL SUBDIVISION)
Price:
$114,000
low | high
Med:
$120,000
44.736842105263% of Average
sqft:
480
low | high
Med:
525
40.625% of Average
$ / sqft:
$238
low | high
Med:
$228
53.800877750133% of Average
On site:
21
low | high
Med:
46.5
45.161290322581% of Average
Sourced by Back At You

Market Activity 96740

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Learn More About This Property

Mateo Manzari

Mateo Manzari

Coldwell Banker Island Properties

RB-24388MBA (808) 280-6880[email protected]
StateHI
CityKailua Kona
Zip Code96740
AreaBig Island
Community NameKONA INDUSTRIAL SUBDIVISION
Listing VS Median (in KONA INDUSTRIAL SUBDIVISION)
Price:
$114,000
low | high
Med:
$120,000
44.736842105263% of Average
sqft:
480
low | high
Med:
525
40.625% of Average
$ / sqft:
$238
low | high
Med:
$228
53.800877750133% of Average
On site:
21
low | high
Med:
46.5
45.161290322581% of Average
Sourced by Back At You
Listing Updated: August 19, 2026 at 10:49:57 PM PDT
Mateo Manzari
MBA
License #: RB-24388
(808) 280-6880
Kukui Mall - 1819 South Kihei Rd Suite D111.
Kihei, Hi 96753

Mateo Manzari - Coldwell Banker Island Properties