75-6082 ALII DR #A301 Active

Kailua-Kona,HI 96740

$ 515000

1 Bed

1 Bath

736 SqFt


Key Details

Property Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 736 sqft

Price per Sqft $699

MLS Listing ID 714573

Bedrooms 1

Full Baths 1

Year Built 1969

Annual Tax Amount $5,335

Property Description

The seller is offering a rare opportunity to purchase unit 301 individually or together with the unit directly below, 201, for $1,000,000! Both units are active vacation rentals, vertically in line with each other. This turn-key vacation rental is perfect for a new owner to expand their rental portfolio or occupy in the popular oceanfront complex, Casa de Emdeko.

Unit 301 comes fully furnished with central AC for year-round comfort, a renovated open-concept bathroom with an updated vanity, and updated kitchen counters and cabinetry. Relax on the patio or take a brief stroll to the shoreline and take in breathtaking views of the horizon or sky illuminated by Kona?s famous sunsets. The patio features extra storage space. The bedroom window offers mountain views. Located next to the lobby, 301 provides quick access from the parking lot.

Casa de Emdeko offers resort-style living, featuring gated vehicle and pedestrian entry, beautifully maintained landscaping, two pools, multiple lounging areas, and a central pavilion with grills. The complex also has an onsite coin-operated laundry room. Just minutes from Kailua Village, markets, shopping, restaurants, and some of Kona's best beaches, unit 301 is ideally situated along the Kona coast.

The maintenance fee includes reserves, site insurance, water, hot water, cable, AC, trash, sewer, an onsite property manager, reserves, building insurance, grounds maintenance, and pest control. The seller is initiating a 1031 exchange, and unit 301 must close on the same day as unit 201.

Location

State HI

Area North Kona

Building/Complex Name Casa De Emdeko

Zoning V-1.5

Interior

Flooring Ceramic Tile

Exterior

Garage Unassigned

Pool Yes

Waterfront N

View Ocean Horizon,Garden,Ocean

Building

Sewer Sewer-Connected

Water Municipal

Others

Monthly Total Fees $1,359

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

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