Hawaii Living

Kona Kai #I6 (Kona)

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Photo 1 of 74-5618 Palani Rd #I6, Kona
Photo 2 of 74-5618 Palani Rd #I6, Kona
Photo 3 of 74-5618 Palani Rd #I6, Kona

74-5618 Palani Rd #I6, Kona

Description
This is a leasehold property which is a nicely remodeled one bedroom condo in the heart of Kailua Kona. This is a must see. Condo boasts newer counters, wood laminate and tile floors, window air conditioning units in the living room and bedroom and the popcorn ceiling has been removed. It even has newer appliances including a dishwasher. There is a wonderful screened in lanai to sip your morning coffee and enjoy your ocean view. Dont forget this condo is coming turnkey! You also have one assigned parking spot. Kona Kai is located within a 5 minute walk to grocery shopping, banking, restaraunts and the ocean. Kona Kai Condominiums are also approved for short term vacation rentals. The location cant be beat. Condo is being sold "As Is". Seller is willing to consider financing with 50% down. Current tenants lease expires 2-1-2021 and is currently paying rent of $1550.00 per month.
Past Activity
  • Jan 14, 2021 Sold for $95,000
  • Dec 11, 2020 Under Contract
  • Oct 19, 2020 Listed at $99,500
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.95
  • Price / ft²: $178
  • Zoning: CV-10
  • View: Ocean, Ocean Horizon, Sunset
  • Security Features: None, Smoke Detector(s)
  • Amenities: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • TMK: 3740100360061
  • Tax Assessed Value: $81,100
  • Courtesy: Hawaii Coast Realty, LLC / 8083459202
  • MLS: 643633
About Kona Kai
  • Address: 74-5618 Palani Rd, Kailua-Kona, HI 96740.
     
  • Built: 1969, 95 1 & 2BR Units in 12 2-Story Building on 4.18 Acres.
     
  • Amenities: Pool, BBQs.
     
  • Short-term Vacation Renting: Allowed.
     
  • Developer: C F F Associates.

Kona Kai is right in the middle of Kailua-Kona town, its location 1/3 mile from the ocean. This is a small community of its own, made up of twelve, wooden two-story buildings. The one and two bedroom condos have interiors spanning 411 to 624 Sq Ft with one covered lanai exterior.

Please note that these are Leas


  ... Read more
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 14, 2025.
Other Kona Kai Listings
Leasehold
$110,000
Kona Kai #K4
1 Bd | 1 Ba
535 ft²
Leasehold
$123,500
Kona Kai #L8
1 Bd | 1 Ba
515 ft²
Leasehold
$164,900
Kona Kai #D5
1 Bd | 1 Ba
535 ft²
Other Hawaii Condos
Kakaako
$90,000
Anaha #2.S09
Studio
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Kakaako
$85,350
Aeo #S5-16
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Kaunakakai
$115,000
Hotel Molokai #A102
Studio | 1 Ba
297 ft²
Metro Honolulu
Lahaina
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Spinnaker #D127
2 Bds | 1 Ba
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Kakaako
  • Sold 1/14/21 at $95,000
    (List Price: $99,500)
Description
This is a leasehold property which is a nicely remodeled one bedroom condo in the heart of Kailua Kona. This is a must see. Condo boasts newer counters, wood laminate and tile floors, window air conditioning units in the living room and bedroom and the popcorn ceiling has been removed. It even has newer appliances including a dishwasher. There is a wonderful screened in lanai to sip your morning coffee and enjoy your ocean view. Dont forget this condo is coming turnkey! You also have one assigned parking spot. Kona Kai is located within a 5 minute walk to grocery shopping, banking, restaraunts and the ocean. Kona Kai Condominiums are also approved for short term vacation rentals. The location cant be beat. Condo is being sold "As Is". Seller is willing to consider financing with 50% down. Current tenants lease expires 2-1-2021 and is currently paying rent of $1550.00 per month.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 14, 2025.
    • Jan 14, 2021 Sold for $95,000
    • Dec 11, 2020 Under Contract
    • Oct 19, 2020 Listed at $99,500
    • Address: 74-5618 Palani Rd, Kailua-Kona, HI 96740.
       
    • Built: 1969, 95 1 & 2BR Units in 12 2-Story Building on 4.18 Acres.
       
    • Amenities: Pool, BBQs.
       
    • Short-term Vacation Renting: Allowed.
       
    • Developer: C F F Associates.

    Kona Kai is right in the middle of Kailua-Kona town, its location 1/3 mile from the ocean. This is a small community of its own, made up of twelve, wooden two-story buildings. The one and two bedroom condos have interiors spanning 411 to 624 Sq Ft with one covered lanai exterior.

    Please note that these are Leas


      ... Read more
    Other Kona Kai Listings
    Leasehold
    $110,000
    Kona Kai #K4
    1 Bd | 1 Ba
    535 ft²
    Leasehold
    $123,500
    Kona Kai #L8
    1 Bd | 1 Ba
    515 ft²
    Leasehold
    $164,900
    Kona Kai #D5
    1 Bd | 1 Ba
    535 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
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    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
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