MORTGAGE AMOUNT $0
DOWN PAYMENT AMOUNT $194,550

MONTHLY MORTGAGE PAYMENT $0
ADDITIONAL MONTHLY CHARGES $0
TOTAL MONTHLY PAYMENT $0
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Days on Market: 195
Status: ACTIVE
MLS#: 402533
Bedrooms: 2
Bathrooms: 2
Living Area: 890
Type: Condominium
Complex: Maui Banyan
HOA Fees(monthly): 1125.49
Offer Price: $1,297,000
Address: 2575 Kihei Rd, Kihei, HI 96753
MLS#: 402533
Posting Date: 06-11-2024 12:00am
Last Update: 08-28-2024 8:41am

LISTING PROVIDED BY

David McAlear RS-81791
808-250-6754
david.mcalear@islandproperties.com

Coldwell Banker Island Prop-Ku
808-875-7000
steve.baker@islandproperties.com
http://www.islandproperties.com

PROPERTY DESCRIPTION

Aloha and welcome to this beautifully renovated, HOTEL-ZONED 2-bedroom, 2-bathroom unit at Maui Banyan! Just a short distance from Kamole 2 Beach Park, this charming condominium boasts modern elegance and comfort with updated bathrooms and custom tile work throughout. Fully furnished and designed with subtle tropical theming, it comfortably accommodates six adults. The kitchen is equipped with utensils, cookware, and appliances, and features imported Italian blown glass lighting in the kitchen and dining areas. Located on the north-facing 3rd floor, the lanai offers a serene, shaded retreat perfect for year-round enjoyment, with delightful peek-a-boo ocean views. A reserved ground-level parking space is included for your convenience. This unit has a proven track record as a successful vacation rental, with bookings secured through 2025. Currently, it has over 210 days booked in the next 9 months, translating to more than $50,000 in potential rental income. These bookings can be canceled, transferred, or accepted by the new owner. One of the unique features of this unit is its versatile lock-off design. It can be rented as a spacious 2-bedroom, 2-bathroom unit or separately as a 1-bedroom unit with a full kitchen and a studio setup akin to a hotel room. Don`t miss this exceptional opportunity to own a piece of paradise at Maui Banyan!

PRICE HISTORY

Date Days Ago Event Price

Last update: 8:41am 8/28/2024

Disclaimer - 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.