Kauai Hawaii- Condo for sale- Lihue- Kauai Beach Resort

By
Real Estate Agent with HomeSmart Island Homes RB 20260

Kauai Beach Resort Condo for Sale          $75,000

The Kauai Beach Resort with a tropical setting right on the Pacific Ocean. Unit 1126 is a first floor condo for sale with an ocean view and walks right out to the fabulous pool area.  The Kauai Beach Resort is a deluxe 5 story oceanfront resort with 350 deluxe hotel guestrooms situated on 25 lushly landscaped acres of Kauai's longest exploring and strolling beach is located north of the town of Lihue, Hawaii and minutes from the Lihue Airport.  Surrounded by exotic lagoons, cascading waterfalls and lush tropical settings, the Hilton Kauai Beach Resort offers a central, convenient location close to the airport, shopping, championship golf and all of Kauai's  great activities and adventures. 

Kauai Beach Resort 1126 Beach  Kauai Beach Resort 1126 Interior  Kauai Beach Resort 1126 View  Kauai Beach Resort 1126 Pool

This condo for sale offers you a private lanai.  There are 4 Pools - 2 Lagoon Pools with waterfalls, a   children's pool and a beachfront  sand pool.  Have fun on the 75 foot lava tube waterslide or two whirlpool spas or the poolside gazebo.  Enjoy dining in the 4 restaurants, cafes and lounges: Naupaka Terrace Restaurant, Driftwood Bar & Grille, Shutters Lounge and Island Market Place & Gifts.                   Complimentary shuttle service to / from airport and nearby golf courses. Beach Access, Concierge/Activities Desk & Fitness Center.

                                                                                   

 

 

Posted by

Carol L Skon, Realtor Broker, GRI, e-Pro  

Green Realty Group   Kauai, Hawaii

Main office: 1888 Kalakaua Avenue Suite C312, Honolulu, HI 96815  

808.634.2945         www.carolskon.com    

Kauaihawaiirealestateblog.com

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Rainmaker
518,308
David Henke
Long & Foster Real Estate, Inc - Newtown Square, PA
Realtor, Homes Just West of Philadelphia PA

Looks like the ideal place to take some time off and relax.

Mar 02, 2010 03:42 PM #1
Rainmaker
124,495
Tiffany Osterli
Curtis Real Estate - Yuba City, CA

Wow, I didn't know you could own anything in Hawaii for so little money!  I'm sure you'll have this one sold in no time, Carol.

Tiffany

Mar 02, 2010 04:54 PM #2
Rainmaker
723,140
Connie Lou Barnett
Real Living/Home Realty - Owensboro, KY
GRI,CRS,CRB,SRMM,ARA,PRS,SFR,QSC

Hi Carol,

    Nice condo with beautiful surroundings. The pools, trees and ocean make it so peaceful and relaxing. Good luck on a speedy sale.

Connie Lou

Mar 03, 2010 12:32 AM #3
Rainer
223,978
Carol Skon
HomeSmart Island Homes - Princeville, HI
RB, Kauai, Hawaii Real Estate

David, Tiffany and Connie,

Thanks for the comments.  Yes, this is an ideal place and at an incredible price.  It is a short sale.  The sellers paid $305,000 for this unit in 2005. And it has some good inclome, too.

 

Carol

Mar 03, 2010 06:09 AM #4
Anonymous
Joe

Can you tell me what the monthly HOA fees are and what the monthly rental and income fees are?

 

Thanks

Jul 21, 2010 08:50 AM #5
Rainer
223,978
Carol Skon
HomeSmart Island Homes - Princeville, HI
RB, Kauai, Hawaii Real Estate

Joe,

Thank you for your inquiry on Kauai Beach Resort 1126.  Here is some information for you on this condo.  It is a short sale.  The sellers paid $305,000 for it in 2005.  It is now being offered at $40,0000. 

This is a studio condominium which you own fee simple. There are the Homeowner Association/Association of Apartment Owners (AOAO) Fees.  Currently for this unit they are $918 per month.  Current real property taxes are $1400 per year. 

Separate from owning the condo, you can choose to contract with  any property management company with a rental program.  Aqua Resorts is a property management/ rental management company and handles the majority of the Kauai Beach Resort condos.  They rent out the condo and handle the marketing, reservations, cleaning, utilities, maintenance, etc and you receive income from this (after the expenses are deducted). 

Here is the challenge.  Currently the income on these units is very low.  This is due to several factors including the transition of the management of the property form Hilton to Aqua and some other issues with the developer who is no longer involved with the project.  The projections are for increases in the revenue and therefore the income. 

If you are interested in more detail, let me know and we can speak.

Jul 21, 2010 06:01 PM #6
Rainer
223,978
Carol Skon
HomeSmart Island Homes - Princeville, HI
RB, Kauai, Hawaii Real Estate

Gina,

If you are intested in one of the studio condos and want more detail on the property management, please call me at 808.634.2945.  There is not a simple answer.  Yes, an owner may use and stay in their unit without extra charges.

Sep 15, 2010 01:51 PM #7
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Rainer
223,978

Carol Skon

RB, Kauai, Hawaii Real Estate
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