This is a leasehold property.Tiki Ali‘i Retreat – Ali‘i Villas #216Kailua-Kona, Hawai‘i – Big IslandLeasehold Active Short-Term Vacation Rental (STVR License Transferable)Own a slice of paradise at the popular oceanfront Ali‘i Villas in Kailua-Kona!Welcome to Unit #216, affectionately known as the Tiki Ali‘i Retreat – a busy, licensed… Read More vacation rental being sold turnkey furnished. This 1-bedroom, 1-bath walk-up condo is located on the quiet south side of the complex and features a relaxing garden view, perfect for enjoying Kona's breathtaking sunsets.This is a leasehold property, with the current lease expiring in 2029. The fee is available for purchase as of June 2025 for $404,000, with a $4,000 monthly increase in price thereafter if not purchased by the seller or new owner. Lease fee purchase can be completed simultaneously with the condo purchase.Step into an open-concept living, kitchen, and dining area, where sliding doors open to a spacious lanai that welcomes ocean breezes and island vibes. Enjoy al fresco dining, morning coffee, or sunset cocktails on the private lanai.Features include:Full-size washer & dryerUpdated ceiling fansAmple storage for beach gearPet-friendly (one small dog or cat allowed w/ board approval)Fully licensed and transferable STVR – start earning income immediatelyAli‘i Villas Amenities:Solar-heated saltwater poolOceanfront BBQ area & sunset viewing deckLush tropical landscapingLibrary & common areasWalking distance to restaurants, shops & activities in Kona townMonthly HOA Fees Include:Water, garbage collection, basic cable, internet, and exterior/common area maintenance.Don’t miss this rare opportunity to own a turnkey vacation rental or your own personal getaway along the famous Ali‘i Drive! Read Less
