4 months on rocket

74-5618 Palani Rd Unit M6, Kailua-Kona, HI, 96740

$179,500

Home List Price

$2,132*

Closing Credit

1 Bedroom
1 Full Bath
535 SqFt
$336/SqFt
Condo

Location

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74-5618 Palani Rd Unit M6, North Kona$179,500

Buyer Closing Credits

$2,132*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1969
MLS #713251
StatusActive

About 74-5618 Palani Rd Unit M6

This is a leasehold property.<br>CASH BUYERS ONLY<br>Step into opportunity. Beautifully remodeled 1 bedroom, condo with courtyard views and a desirable Kona location. Currently a Popular and Profitable STVR with 2023 Gross rental income over $55,000.<br>KEY FEATURES:<br>PRIME LOCATION: Situated in the heart of Kailua-Kona, this condo offers unparalleled access to pristine beaches, vibrant nightlife, and shopping/dining options. Guests will delight in the convenience of exploring the area's top attractions within minutes.<br>EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek bamboo floors in the kitchen to designer fixtures, every detail has been carefully chosen to offer an interior space comfort, and function.<br>ACCOMMODATIONS: With a large bedroom, residents can unwind in comfort in the bedroom, which has a large closet and an individual air conditioner.<br>KITCHEN: Fully-equipped kitchen, complete with new appliances, quartz countertops, and ample cabinet space.<br>AMENITIES: A sparkling swimming pool, laundry center, assigned parking, and lush tropical landscaping.<br>Whether seeking a lucrative investment opportunity or a personal retreat, this condo offers the best of both worlds. With a proven track record as a profitable vacation rental, you can maximize your returns while enjoying the flexibility to escape to paradise whenever you desire.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Living Area: 535 SqFt

Listing Office:

  • Office Name: Hawaii Real Estate Group LLC
  • Office Phone: (808) 990-0437

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Range, Oven
  • Flooring Type: Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,500
  • Price Per SqFt: $336/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in North Kona, HI.

Med. List Price

$999.7K

Med. Price/SqFt

$705

Avg. Days On Market

190

74-5618 Palani Rd Unit M6 vs North Kona

132 DAYS ON ROCKET

-58 Days

$179,500

-$820.2K Less

$336/SqFt

-$369 Less

KEY TAKEAWAY

This property is $820.2K less than the Median List Price and $369/SqFt less than other homes in North Kona, HI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #713251

Listing Office:

  • Office Name: Hawaii Real Estate Group LLC
  • Office Phone: (808) 990-0437

IDX © 2024 MLS Hawaii, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.

Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$963

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$605

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-903109
2
/10
  • Kealakehe Elementary School

  • 74-5118 Kealakaa St

  • 2.14 miles

  • Public District Grades PK-5

school-card-donut-903110
7
/10
  • Kahakai Elementary School

  • 76-147 Royal Poinciana Dr

  • 2.20 miles

  • Public District Grades PK-5

school-card-donut-903111
5
/10
  • Holualoa Elementary School

  • 76-5957 Mamalahoa Hwy

  • 3.54 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,605. The majority of North Kona, HI residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 74-5618 Palani Rd Unit M6

What is the listing price of this property?

The listing price of 74-5618 Palani Rd Unit M6 property is $179,500.

What type of property is this?

The property 74-5618 Palani Rd Unit M6 is a condo located in Kailua-Kona, Hawaii, 96740.

Is this property for sale now?

Active Listing: 74-5618 Palani Rd Unit M6 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 74-5618 Palani Rd Unit M6 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 74-5618 Palani Rd Unit M6 is 535 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 74-5618 Palani Rd Unit M6 is 1969.

Rocket Homes›Hawaii›Hawaii County›North Kona›96740›74-5618 Palani Rd Unit M6

This home is located at 74-5618 Palani Rd Unit M6 in Kailua-Kona, HI and zip code 96740. This 535 square foot home was built in 1969. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 11, 2024 and is currently priced at $179,500.

The number of listings in North Kona, HI increased by 17.7% between October 2024 and November 2024. In November 2024, listings were on the market for 190 days. During the same period, the median list price in this real estate market was $999,799.

From Rocket Homes Real Estate and based on county public records data.

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