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1 Bed
1 Bath
535 sqft

$129,000

74-5618 PALANI RD M3, Kailua Kona HI, 96740

Price per sqft$241.12
Built in1969
Property size535 sqft
Property typeCondominium

Overview

Active

A

Listed Oct 30, 2026

Updated 10h ago

This is a leasehold property. Discover an exceptional opportunity to own a beautifully upgraded, income-producing condominium in the heart of Kona! This stylishly furnished vacation rental has a proven track record of success, consistently generating approximately $57,000 in annual gross rental revenue. With upgraded flooring, attractive furnishings included in the sale, and an established short-term rental history, this property offers an appealing combination of comfort, convenience, and investment potential. This inviting condominium offers a welcoming tropical retreat for owners and guests alike. The included furnishings make this an attractive turnkey opportunity for buyers looking to continue its successful rental operation. Location is one of this property's greatest assets. Situated in the heart of Kona, you're just minutes from the ocean, beaches, restaurants, shopping, banking, and everyday conveniences. Guests appreciate the central location, with easy access to Kona's beautiful coastline, spectacular sunsets, and popular attractions. This highly desirable setting has helped contribute to the property's consistent rental performance. The sale includes one assigned parking space, providing added convenience for owners and guests. Please note: This is a leasehold property, and due to leasehold financing limitations, a cash purchase is required. Rental income figures are historical gross revenues and are not a guarantee of future performance. Whether you're looking to expand your vacation rental portfolio or enjoy your own tropical getaway with established income potential, this upgraded, fully furnished Kona condominium offers an outstanding combination of location, style, and proven rental performance.

$858/mo

Est. mortgage payment based on a $129,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
734598

Interior Features

Bedrooms
1
Bathrooms
1
Cooling
Yes
Basement
No

Other Property Details

Taxes
$1,182
Tax Frequency
Annually
Association Fee Frequency
Monthly
Pets Allowed
Yes

 

Courtesy of Hawaii Real Estate Group LLC, Rebecca Clancy

Listing Contact: 8089900437 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Missy Elliott shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 11:31 AM UTC, 10/31/2026

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