This is a leasehold property. CASH OFFERS ONLY: A premier location at Kona Kai. This upper unit has expansive views of Kailua-Kona and the blue Pacific Ocean. The lanai is a magic place for reading and sunset enjoyment, and the great location of Kona Kai this a great find just waiting for a new owner to make the place shine. Water, Propane, water heaters, rubbish removal, and landscaping are included in the AOAO fee. Pets are allowed with HOA Board approval. Short-term rentals are allowed here with the proper County of Hawaii STR permits. Monthy Leasehold fees are $389.00 and are paid every 6 months to QLT. AOAO fees are paid monthly and are collected by Associa. The current lease is fixed through 2029. The current lease term expires at the end of 2034.