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White Sand Beach Ocean Front Profitable Kona Vacation Rental

Listing ID 21728566 | Updated 358 days ago

$499,950
Willing to negotiate
For Sale, Trade

75-5888 Alii Drive A 21
Kailua Kona, HI 96740

2 beds, 2 baths
Condo/Townhome

Ask the Owner

Kona Reef 2+2 Ocean Beach Front Kona Hawaii
Primary

Add to Favorites About this Property

Bedrooms:2 Bathrooms:2 Floors:1.0 Square Footage:980
Year Built:1975 School District:N/A Garage Size:2.0 Lot Size:.001
Amenities:Waterfront, Carpeted Floors, Patio/Balcony, Covered Parking, Garage, Pool, Spa/Jacuzzi, View

              THE MELODY OF SURF WAVES BREAKING ON THE SHORE ALL DAY AND NIGHT...    

 

            BREATHTAKING GOLDEN SUNSETS FROM THE LANAI/PATIO AT COCKTAIL HOUR! 

 

                        VERY POPULAR VACATION RENTAL ($295 NIGHT) FOR OVER 10 YEARS.  

                                          (See our vacation rental ad at VRBO.com/25996.)

 

   Short oceanfront walk to Kona Village Town. Fantastic million dollar views from this corner ocean front condo. No place is more beautiful along the Kona Coast. Comfortable large lanai/patio with up to eight to ten feet translucent crystal blue waves breaking just 100 feet away at Honl's beach which is considered one of the world'S best surfing beaches. Surfers and buggy boarders entertain all day. In fact, the boggy board was first invented by a surfer at Honl's beach. Scuba and snorkeling from the shore with an awesome undersea aquarium. Abundant coral reefs give refuge to limitless fish and wild life. Turtles can be seen popping their heads above the water lapping along the shore just below the lanai. Restaurants and shopping just minutes away along the ocean walk to the Kona Village less than one mile stroll away. A number of modern shopping centers with supermarkets (Safeway, Sac'n Save, and more just up the hill from the shore. Costco, Home Depot, Lowe's nearby. Major world renowned golf courses and world record marlin fishing are near by. Swimming, hiking, and bicycle riding everywhere at the home of the world famous "Ironman Triathlon" held every October. The condo complex has an ocean front pool, Jacuzzi, Barbecues, and party patio. The Condo is a fully-equipped .

KEY Questions:

Homeowners $641 mo, Yr Rents +/- $50,000 yr, Property Taxes +/- $3,000, Land Lease +/-$5,400,

Lease +/- 35-39 years remaining and possibility of buy-our and extension.  If this condo was on fee it would sell for $1,500,000 or more.

 

CALL Bob  818.708.1770

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Kona Reef 2+2 Ocean Beach Front Kona Hawaii
Primary

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