7 Kaiau Pl Unit 3, Kihei, HI 96753

$239,000
1
BD
1
BA
571
SqFt

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Sold Price
$239,000
List Price
$239,900
Closing Date
Feb 09, 2024
MLS#
400841
Days on Market
29
Status
CLOSED
Type
Condo
Building
Hale Mahialani
Bedrooms
1
Bathrooms
1
Living Area
571
Land Area Sq. Ft.
21,780
Acreage Area
0.5
Land Tenure
Leasehold
Neighborhood
Kamaole I
Short Term Rental Allowed
Yes

Property Description

Hale Mahialani #3 is being sold as a fully furnished and turnkey vacation rental. This unit is in an active vacation rental program. Ideal location in South Kihei near shops, restaurants, and approx 300ft from Charley Young beach! Hale Mahialani is a LEASEHOLD PROPERTY and is being Sold As Is. The lease expires in December 2036, and at this time there are no discussions of the lease being renewed. LH Rent is $1041/mo + $337 Mo. Maintenance Fee. This condo was remodeled in 2017, including the kitchen, bathroom, and the addition of a double paned window in the bedroom. This property requires an all cash buyer as lenders will not finance a property with less than 15 years remaining on the lease. Proof of cash funds required to schedule a showing. Next showing availability is January 29th.

Additional Information

Monthly Maint Fee
$337
Lease Price
1041
Expire Date Lease
2036-12-31
Reneg Date
2026-09-10
View
Other
Zoning
A-1
Land Area Sq. Ft.
21,780
Acreage Area
0.5
Water
Public
Year Built
1976
Sewer
Public Sewer
Unit
3
District
Kihei
Ohana Beds
2

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Listing courtesy of Coldwell Banker Island Prop(S).

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. Copyright, 1995-2015, REALTORS® Association of Maui, Inc. All Rights Reserved.

Contact: Cell: 808-205-7589