130 Kai Malina Pkwy

130 Kai Malina Pkwy

Lahaina, HI 96761

BACK ON THE MARKET !!! Buyer was unable to effectuate a 1031, DO NOT MISS YOUR OPPORTUNITY!!! This suite was in escrow within a about week of listing… Located on the sixth floor of the Hokulani, Suite 625 has Commanding Direct Ocean Views from every room in this amazing 1840 sq ft (Lanai Incld.) luxury condominium home. Suite 625 was one of the very first suites to be vacation rented, and very likely boasts the largest year by year rental income of ANY three bedroom, in its category. Suite 625 was originally purchased with the intent to reside in it, so it was furnished and finished by the owner (Not Developer furnishings that were purchased as a package at $150,000). Suite 625s furnishings are Modern/Contemporary, Island/Asian, and are impeccable. The rental income for Suite 625 has been nothing short of astounding since March of 2009, and the gross rental income for 2015 was just shy of $250,000 (Without taxes). Enter this exceptional home, and you will wonder if it has ever been rented. It has been maintained to the very highest standard, and no expense has been spared to keep this home as new. ART WORK IN THIS HOME IS THE PERSONAL PROPERTY OF THE OWNER AND IS NOT INCLUDED IN THIS SALE, AND IS NOT FOR SALE (Includes sculptures and carvings). One furnishing is also excluded, and that is a medium sized Cigar Cabinet in the primary Master bedroom. All other furnishings are included in this sale. THIS SUITE IS CURRENTLY A VACATION RENTAL. ALL RESERVATIONS MUST BE HONORED WITH THIS SALE. THIS PROVISION IS NON-NEGOTIABLE. SHOWN BY APPOINTMENT ONLY. This listing is extremely busy, so availability is extremely limited. Please check with your Agent for availability. Seller is a licensed Real Estate Broker is the State of Hawaii. Seller is the Listor and Owner of this property. Seller is the Manager of this property. Please contact your favorite Broker/Agent/Management Company for representation, as we will not represent you in this sale.


$2,350,000

  • 3
  • 3
  • 1735430
MLS# 369999
Price $2,350,000
Beds 3
Baths 3
Square Feet 1735430
Garage 2
Year Built 2008
Lot Size 39.84 Acres
Property Taxes $18502

Somewhat Walkable / Somewhat Bikeable