715 S Kihei Rd Unit 258, Kihei, HI 96753

$61,000
1
BA
445
SqFt
Sold Price
$61,000
List Price
$69,900
Status
CLOSED
Type
Multifamily
MLS#
389432
Days on Market
153
Closing Date
Apr 29, 2021
Land Area
123,710
Acres
2.84
Property Type
Fractional
Land Tenure
Fee Simple

Property Description

This is a ONE FIFTH fractional ownership (20%), in a well-organized and established partnership with 10 rotating weeks to each partner, and two additional weeks every fifth year. Upcoming weeks for this owner are prime: March 13 to April 17. Use the time to vacation across from one of the bests beaches on Maui, or create investment income at this popular unit through VRBO and AirBnB. Nicely remodeled Studio condo directly across the street from the beach, with a bit of an ocean view. This unit is attractive and well maintained, and lacks nothing. Literally steps from the sand. Kihei Bay Surf is an extremely popular vacation rental complex with a large, sparkling pool, tennis courts and gas grills. Unlike other fractional listings, this one represents true and actual value -- check the full listing comps. Monthly fee of $298 represents true proportionate costs of maintenance fees, property taxes, reserves for furnishings and maintenance, and utilities. Expenses are predictable, manageable and reasonable, with the managing partner doing the work. Compared to a time share, the value is extraordinary. See rotation schedule in Associated Docs: this owner is "Owner 1". Use it, rent it, or trade for travel anywhere in the world. Active on popular vacation rental site, see 1726636

Additional Information

Island
Maui
View
Ocean
Lot Size
123,710
Pool Description
In Ground
Ohana Year Remodeled
73
Building Name
Kihei Bay Surf
Unit
258
Waterfront
Across Street from Ocean

Mortgage Calculator

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Listing courtesy of Keller Williams Realty Maui-Ki. Selling Office: .

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2015, REALTORS® Association of Maui, Inc. All Rights Reserved.

Contact: 808-270-2977