4365 Lower Honoapiilani Rd Unit 316, Lahaina, HI 96761

$609,000
1
BA
431
SqFt
List Price
$609,000
MLS#
401782
Days on Market
49
Status
PENDING
Type
Condo
Building
Royal Kahana
Bathrooms
1
Living Area
431
Land Area Sq. Ft.
150,718
Acreage Area
3.46
Land Tenure
Fee Simple
Neighborhood
Kahana
Short Term Rental Allowed
Yes

Property 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, and lanai furniture. 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.

Additional Information

Monthly Maint Fee
$783
View
Ocean
Land Area Sq. Ft.
150,718
Acreage Area
3.46
Frontage
Ocean
Year Built
1975
Unit
316
District
Napili/Kahana/Honokowai
Pool
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Epic Realty LLC.

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.

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