74-5618 PALANI RD # Kailua-Kona HI 96740

KONA INDUSTRIAL SUBDIVISION

1 bd
1 | ba
Sq ft: 535
HOUSE
1969

A$11000074-5618 PALANI RD # Kailua-Kona HI 96740

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This is a leasehold property. Prime location! Kona Kai condominiums is in walking distance to shopping, the bay front, and downtown shops and pier. This one-bedroom, second-floor unit is located in the heart of Kailua-Kona and features a partial mountain view from the lanai. The condo has been recently updated with new propane range and refrigerator, freshly painted, and other minor repairs. The zoning currently permits short-term vacation rentals, making this an ideal opportunity. The current land lease rent is $323 per month. Monthly maintenance fees are $707 (subject to change) covering landscaping, common area upkeep, trash removal, propane for cooking, hot water, and common area insurance. Kona Kai residents enjoy a community pool, BBQ area with picnic tables, and a coin-operated laundry room equipped with new machines. This property is being sold for cash, as traditional financing is not available. A great value for a centrally located home or rental in the heart of Kailua! ​MLS listing details and public records are believed to be accurate, but cannot be guaranteed. Buyers should independently verify any information they consider essential or relevant to their purchase. Association Manager: Associa Hawaii.

LOCATION INFORMATION

Project: Kona Kai

District: North Kona
Latitude: 19.64397454
Subdivision: KONA INDUSTRIAL SUBDIVISION
INTERIOR FEATURES

Floors: Carpet
Laundry: Coin Appliances: Dryer, Microwave, Range, Refrigerator, Washer
EXTERIOR FEATURES
Has a Pool: No
Zoning: CV-10
Road Description: County
Lot Description: Affordable Leasehold condo in a great location in central Kailua-Kona.
FEATURES
Additional Information

Tax Key: 374010036

Property Type: HOUSE
Year Built: 1969 Unit Description: Walk-Up
Monthly Association/Maintenance Fees: $625.09 Taxes: 1580.82
Land Tenure: Leasehold
$ 3,151 per month
30 Year Fixed. 3.525% Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $ 157

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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Listed by: Coldwell Banker Island Properties - Hilo

Seller’s Representative:

Kohanaiki Realty LLC © 2023 Hawaii Information Service. All rights reserved. © 2023 MLS Hawaii, Inc. All rights reserved.

Provided Courtesy of Hawaii Information Service. In this page not only will you see properties represented by Kohala Coast Properties, but also properties represented by other members of Hawaii Information Service. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is updated approximately every two hours. The last update time is shown below.

HIS data last updated at January 30, 2026 9:10 AM HAST

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