Kauai Dreams Realty

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MOANA KAI BEACH HOUSES #B | Kapaa Town Lots

for sale in Kapaa, Kauai, 96746 | MLS: 621809 | Sold

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$1,049,000(fs)
Property Highlights
Payments: $5,031/mo (terms) Bedrooms: 3 Baths: 3 Living: 1,450 sq. ft. ($723/sf) Land: 0.35 ac. ($68/sf) Year Built: 1990 Days in MLS: 438 Page Views: 132 Save Favorite Request More Info
Property Details
Year Built: 1990 Floor Covering: Ceramic Tile, Hardwood Lot Description: Dead End Parking: Covered Pool: Yes Property Frontage: Almost Oceanfront, Rocky Beach, Sandy Beac Fencing: Vinyl Road Type: County Views: Ocean, Sunrise Water: County, Meter Installed Appliances: Disposal, Dishwasher, Gas Grill, Microwave, Refrigerator, Range/Oven Project: MOANA KAI BEACH HOUSES District: Kawaihau Subdivision: Kapaa Town Lots Unit Description: No Unit Above or Below Zoning Code: R-20 Taxkey (TMK): 4450030010002 Acceptable Terms: 1031 Exchange, Cash Land Tenure: Fee Simple Annual Property Taxes: $8,479 Features: Ceilings-9'+ Monthly Fees: $1,000

T
his licensed vacation rental brought in a staggering Gross revenue of $152,857 for 2018. To date, there is $139,394 worth of Gross revenue generated by this property on the books for 2019. Forward booking revenue is to be credited to the buyer at closing for excellent, immediate income — adding to the already incredible value of this property for the buyer. This centrally located, turn key investment property, is 'grandfathered' in with a vacation rental permit — the County of Kauai does not issue new vacation rental permits — this permit adds considerable value to the property. Moana Kai B enjoys very high occupancy and a tremendous net cash flow. Conveniently located on Kapaa's Royal Coconut Coast, this 3 bedroom, 3 bath beach house is part of a small 3 unit complex with no shared walls! Moana Kai B looks out over the ocean and the Kapa'a bike path! This property is a must see with amazing ocean views right from the comfortable living rooms, bedrooms and large lanai. The home boasts covered parking and a large, outdoor storage area — perfect for bikes and surfboards or whatever your heart contents! The large covered lanai facing the pool and the ocean is a favorite for guests as it includes a very spacious, private hot tub, an outdoor shower, teak dining set and chaise lounges plus a large barbecue. The cool trade winds across the lanai are a nice bonus! The beach just out front is known locally as "baby beach" as this area is relatively sheltered by a rocky ledge that the waves break on. This is a great opportunity to acquire a beautiful near ocean front Kapa'a home, second home and/or income property at a great price. See link here for virtual tour of the property: https://my.matterport.com/show/?m=CKcoz76wzpG&brand=0 The information contained herein is reliable but not guaranteed buyer to perform due diligence and independently verify all facts and figures

Listing Brokerage: Vacation Realty Hawaii LLC
It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin. ©2014 MLS Hawaii, Inc. All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed. Information was last updated: 2019-12-09 12:56:03

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DAYS LISTED: 56 | MLS#: 633322
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MLS#628637 — Anahola Real Estate

$899,000

Anahola, Hawaii

BEDROOMS: 4 | BATHS: 2
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DAYS LISTED: 211 | MLS#: 628637
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