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
Bathrooms 1.00
Full Baths 1
Square Footage 372
Acres 0.00
Year Built 1969
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 75-5776 Kuakini Highway 123
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
Days on Market 153
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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