74-5618 Palani Rd

About this property

This is a leasehold property. Enjoy convenient island living in this desirable ground-floor end-unit condominium, ideally located in the heart of Kona. With minimal stairs to the entrance, added privacy from its end-unit location, and parking conveniently located near the front door, this property offers a comfortable and practical setup for full-time living, a second home, or rental use. The ground-floor location provides easy access with only a few steps to the front door—especially convenient for bringing in groceries, luggage, or beach gear. As an end unit, the condominium also enjoys a more private setting with fewer neighboring units. Location is one of this property's greatest assets. You're just minutes from the ocean and Kona's beaches, while shopping, restaurants, banking, medical services, and other everyday conveniences are all close by. Whether you're heading to the beach, out for dinner, or simply running errands, everything you need is within easy reach. The property has previously been used for mid-term rentals, typically accommodating tenants for one to three months at a time, offering flexibility for an owner who may wish to continue rental use while also enjoying the property themselves. The sale includes one assigned parking space conveniently located near the unit. Please note: This is a leasehold property, and due to leasehold financing limitations, a cash purchase is required. Whether you're looking for a conveniently located Kona residence, an island getaway, or a property with flexible rental potential, this ground-floor end unit offers an appealing combination of accessibility, privacy, and an excellent in-town location.

Property details

Property type

Condominium

Year built

1969

Land tenure

Leasehold

District

North Kona

Subdivision

KONA INDUSTRIAL SUBDIVISION

Parking

Assigned

Pool

No

Association fee

$625 monthly

Annual taxes

$1,084

Zoning

CV-10

MLS #

734075