2653 S Kihei Rd Unit 311, Kihei, HI 96753-9656

$220,000
2
BD
2
BA
890
SqFt
List Price
$220,000
Days on Market
15
MLS#
403565
Status
ACTIVE
Type
Multifamily
Building
Maui Parkshore
Bedrooms
2
Bathrooms
2
Living Area
890
Land Tenure
Fee Simple
Short Term Rental Allowed
Yes

Property Description

An incredible opportunity to purchase just what you need and avoid the hassle of rental management the rest of the year. Own a 1/5th share of this beautifully remodeled, direct ocean-view condo, just across the road from the white sandy beaches of South Kihei and the popular Kamaole Beach Park III. This ownership opportunity (NOT timeshare) offers the benefits of a vacation home ownership at a fraction of the cost. This third-floor unit offers sweeping ocean views from the kitchen and living room, with new energy-efficient, double-pane sliding doors leading to a spacious lanai—perfect for sunset and seasonal whale watching. Enjoy 10-12 weeks of occupancy each year for your Maui vacation, or rent out your occupancy period to other vacationers to offset expenses. This is a partial ownership offering, NOT a timeshare The condo has 2 bedrooms, 2 bathrooms, and 890 square feet of living area with easy-to-maintain tile floors throughout, perfect for keeping cool on warm, South Maui days. The fully renovated kitchen which includes granite counter tops, back splash and island range oven, provides a modern feel. Recent upgrades in this well cared for respite include new, $30,000 sliding glass doors and lanai windows (2024), fresh paint throughout, new television and appliances, and new living room furniture. The unit comfortably accommodates up to 6 guests and offers an in-unit washer/dryer for owner and guest convenience. Outside, enjoy easy access to the pool, BBQ area, gazebo, and shuffleboard court, all just a quick elevator ride away and monitored by the on-site manager. Explore a wide array of shopping, dining, and activities just a short distance down the sidewalks and bike paths lining popular South Kihei Rd. As a 1/5th owner, you’ll enjoy 10 weeks of usage per year (two 5-week periods on a rotating schedule), with the option to rent it out for additional income. The annual operating fee of $7,000 covers water, electricity, sewer, property taxes, management, maintenance, cable TV, high-speed internet, insurance, and reserves for future furniture and appliance replacements. This is truly hassle-free ownership, as all management is handled by a co-owner, and the partnership has operated smoothly for years. Relax and unwind in this prime South Kihei location, near the exclusive Wailea Resort, with unbeatable views and easy access to Maui’s best beaches. Contact your favorite REALTOR today to learn more or schedule a showing!

Additional Information

View
Ocean
Zoning
A-2
Land Area Sq. Ft.
77,972
Acreage Area
1.79
Water
Public, County Water
Year Built
1974
Sewer
Public Sewer
Unit
311
District
Kihei
Pool
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Maui-Ka.

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: 808-633-7543