$609,000 $3,269 est/mo Sourced by Back At You

4365 Lower Honoapiilani Rd,Lahaina, HI 96761

Lahaina HI, 96761

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Description

Jump on this opportunity to own this HOTEL ZONED Oceanfront, Oceanview Vacation Rental. Royal Kahana Resort is ZONED HOTEL RESORT (not on the Minatoya list) meaning it can operate as a vacation rental. Unit 316 features an upgraded bathroom and kitchen with extended granite counter-top space and extra cabinets making this studio a stand-out amongst others. The condo comes fully furnished, has central Air Conditioning and Washer Dryer. Recent upgrades include new vinyl plank wood flooring, lanai furniture, single sofa and electrical panel. Amenities at the resort include pool, barbecues, gym, shuffle board, activities desk, ping pong, and plenty of parking. Currently this unit is owner-managed and vacation rented via Airbnb. Per Seller, 2022 Gross revenue was $114,781.27 and 2023 Gross Revenue was $83,108.54. Buyer must honor all future reservations. Enjoy as a second home, or vacation rent when not using. HOA fees of $783/mo include all water, electricity, wifi/cable, trash, sewage and all exterior grounds and building maintenance. Seller to participate in a 1031 Exchange at no cost or obligation to Buyer. Priced to sell, call your favorite Realtor to make an offer.

Details

MLS#401782
Listing TypeFor Sale
StyleCondominium
Building NameRoyal Kahana
Suite Number316
Sub-TypeFee Simple
StatusACTIVE
Year1975
Days On Site42
Listing Provided ByEpic Realty LLC | Cimi Morgan

Features

Bath(s)1
SQ Feet431
PoolYes
Acreage3.46
Water FrontYes
Property ViewOcean

Market Activity 96761

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction. Copyright, 2024, REALTORS® Association of Maui, Inc. All Rights Reserved.

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Listings Checked: 3 minutes ago
StateHI
CityLahaina
Zip Code96761
AreaMaui
SubareaNapili | Kahana | Honokowai
Community NameRoyal Kahana
Listing VS Median (in Royal Kahana)
Price:
$609,000
low | high
Med:
$917,500
2% of Average
SqFt:
431
low | high
Med:
777
30.278422273782% of Average
$ / SqFt:
$1,413
low | high
Med:
$1,181
66.431033426107% of Average
On Site:
42
low | high
Med:
60.000000
70% of Average
Sourced by Back At You
Listing Updated: May 16, 2024 at 11:04:05 AM PDT