$490,000
$499,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
525 ALEKA LP #J5 Kapaa, HI 96746
1 Bed
1 Bath
633 SqFt
Key Details
Sold Price $490,000
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 633 sqft
Price per Sqft $774
Subdivision Wailua Beach
MLS Listing ID 712715
Sold Date 10/25/24
Bedrooms 1
Full Baths 1
Year Built 1972
Annual Tax Amount $4,226
Property Description
This recently upgraded ocean-facing Plantation Hale condo is located on the ground floor of the quiet side of the complex with a true ocean view. Only a dozen steps from parking and right by one of the three pools on the property, it’s an active income-generating vacation rental with consistent bookings and repeat guests. As a one bedroom end unit, it includes extra ventilation with more windows, a full size kitchen, newly installed flooring in the living room and bedroom, all new bathroom fixtures, a brand new AC unit, new memory foam queen beds, two new flat screen smart TVs and a WiFi smart locking system, making it a turn-key investment opportunity.
The unit comes fully furnished and equipped with everything you or your guests may need: fully stocked kitchen with all small appliances, extra bedding, extra towels, beach gear, vacuum, etc. Right next to the shopping and dining of Coconut Marketplace, the location is also convenient for linking up with the oceanfront Kauai Path for a stroll or bike ride. Currently, the unit is privately managed with a transferable calendar of bookings and high revenue potential. Options for on-site management are also available.
Location
State HI
Building/Complex Name PLANTATION HALE
Zoning RR-20
Interior
Flooring Carpet
Exterior
Garage Unassigned
Pool No
Waterfront N
View Ocean
Building
Sewer Sewer-Connected
Water Municipal
Others
Monthly Total Fees $1, 332
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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