75-5776 Kuakini Highway 123, Kailua-Kona, HI

$209,000

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1

Bath

372

Square feet

About 75-5776 Kuakini Highway 123

This is a leasehold property. With over $67,000 gross yearly income, this is a great investment property!

Welcome to your tropical escape at the Kona Islander Inn! This charming condo offers a private lanai that opens to beautifully landscaped grounds, inviting you to relax and recharge in a serene setting. Whether you're sipping your morning coffee or unwinding after a day of adventure, this peaceful space is the perfect retreat.

This unit is currently an active Short-Term Vacation Rental with a solid history of bookings—an ideal opportunity for those seeking an investment property in the heart of Kailua-Kona. The complex features resort-style amenities including a pool and hot tub, lush tropical gardens, BBQ grills, and a welcoming front desk team to assist with guest check-ins and check-outs.

Perfectly situated on vibrant Alii Drive, you're just steps away from beaches, restaurants, shops, and local entertainment. Parking is available on a first-come, first-serve basis, and the on-site laundry room is accessible with a key card.

Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet, helping you keep your costs fixed and budgeting simple. The lease runs through 2079 with a renegotiation date set for 2029.

Don’t miss this opportunity to own a slice of paradise in one of Kona’s most popular vacation destinations!

Features of 75-5776 Kuakini Highway 123

MLS® # 720985
Price $209,000
Land Tenure Leasehold
Bathrooms 1.00
Full Baths 1
Square Footage 372
Acres 0.00
Year Built 1969
Type Condo / Townhouse
Sub-Type Condominium
Status Active

Community Information

Address 75-5776 Kuakini Highway 123
Building KONA ISLANDER INN
City Kailua-Kona
State HI
Zip Code 96740

Amenities

Parking Unassigned
Is Waterfront No
Has Pool No

Interior

Appliances Microwave Hood, Refrigerator

Additional Information

Date Listed May 15th, 2025
Zoning V-.75
Foreclosure No
Short Sale No
HOA Fees 1288.05
HOA Fees Freq. Monthly

Listing Details

OfficeCOMPASS

Listing Map

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