$335,000
$335,000
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4331 KAUAI BEACH DR #2508 Lihue, HI 96766
1 Bath
307 SqFt
Key Details
Sold Price $335,000
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 307 sqft
Price per Sqft $1,091
Subdivision Hanamaulu & Kalapaki
MLS Listing ID 704446
Sold Date 11/02/23
Full Baths 1
Year Built 1985
Annual Tax Amount $2,446
Property Description
Attention Investors: Unheard of 12% cap rate realized in the past year at this beachfront vacation rental on beautiful Kauai. With the postcard perfect ocean view that is the best at the resort, you will find demand high on this vacation rental investment, as the Seller achieved 90% occupancy rate year after year. Ocean views, glorious sunrises, cool breezes, and 25 acres of lush resort landscaping are here for you and your guests.
This top floor studio unit in the main building comes rent ready with all furnishings including beach equipment, fridge, bonus air bed and crib, Hawaiian decor, desk, king bed, linens, A/C, heater, and much more! Unit 2508 has 280 reviews and a 4.9 star rating, so you will start generating income from day 1. Manage it yourself, join the in-house rental pool, or have a vacation rental management service take care of the details.
From the highest location at the resort, you will enjoy direct facing ocean and pool views from inside the room and on your spacious balcony. As part of the Kauai Beach Resort, benefit from access to all the resort's features including 4 pools, water slide, 2 hot tubs, a fitness center, and miles of beach. The relaxation continues thanks to the onsite full-service spa, restaurant, bar, and lounge with fire pit, making it easy to indulge in the ultimate island getaway.
With its prime coastal location mid-point on the island, Lihue offers quick access to all of Kauai's top attractions. Whether you're looking to hike the Napali Coast, explore Waimea Canyon, or simply relax on the beach, this is the perfect place to make your island getaway.
Location
State HI
Area Lihue
Building/Complex Name KAUAI BEACH RESORT
Zoning RR-20
Exterior
Garage Covered, Unassigned
Pool No
Waterfront N
Building
Sewer Sewer-Connected
Water Municipal
Others
Monthly Total Fees $1, 441
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
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