$195,000

74-5618 Palani Rd Unit C7 Kailua Kona, HI 96740

Kailua Kona Neighborhood

Estimated payment $2,062/month

Total Views 9,721
2 Beds
1 Bath
616 Sq Ft
$317 Price per Sq Ft

About This Home

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.

Listing Agent

Lori McNeel

First Island Realty, LLC Brokerage Phone: 8082057720 License #RS-84022 Listed on: 04/08/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,734

Year Built

  • Built in 1969

Lot Details

  • Property fronts a private road

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 616 Sq Ft Home
  • Carpet

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Kona Kai Community
  • Kona Industrial Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3740100360023

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,734

Year Built

Built in 1969

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8082057720
  • Co List Office Phone: 8089303610
  • Ownership: CPR
  • MLS Status: A
  • Subdivision Name: KONA INDUSTRIAL SUBDIVISION
  • Living Area: 616.0
  • Property Attached Yn: Yes
  • Year Built: 1969
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: Private

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee: 849.51
  • Association Fee Frequency: Monthly
  • Project: Kona Kai

Lot Info

  • Zoning: CV-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3740100360023
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1734.36

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,734 $148,300 $21,100 $127,200
2024 $1,734 $141,200 $21,100 $120,100
2023 $1,578 $128,500 $21,100 $107,400
2022 $1,359 $110,600 $21,100 $89,500
2021 $1,077 $87,700 $21,100 $66,600
2020 $1,104 $89,900 $21,100 $68,800
2019 $100 $96,400 $42,200 $54,200
2018 $100 $46,800 $21,100 $25,700
2017 $50 $45,400 $21,100 $24,300
2016 $25 $45,400 $21,100 $24,300
2015 $474 $45,400 $21,100 $24,300
2014 $474 $45,400 $21,100 $24,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Sale $195,000 +21.9% $317 / Sq Ft
01/15/2024 01/15/24 Off Market $160,000 -- --
10/17/2023 10/17/23 Sold $160,000 0.0% $260 / Sq Ft
09/27/2023 09/27/23 Off Market $160,000 -- --
09/21/2023 09/21/23 Price Changed $169,000 -10.6% $274 / Sq Ft
08/22/2023 08/22/23 Price Changed $189,000 -12.1% $307 / Sq Ft
07/14/2023 07/14/23 For Sale $215,000 +34.4% $349 / Sq Ft
06/18/2023 06/18/23 Off Market $160,000 -- --
06/16/2023 06/16/23 For Sale $215,000 +115.0% $349 / Sq Ft
05/22/2019 05/22/19 Sold $100,000 -13.0% $162 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $115,000 +318.2% $187 / Sq Ft
08/07/2012 08/07/12 Sold $27,500 +10.0% $45 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $25,000 -- $41 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 719984

Hawaii Information Service (MLS Hawaii)

APN: 3-7-4-010-036-0023