Welcome to 17 Palms Kauai & an immaculate 2-unit residential CPR in the Visitor Destination Area one block from the ocean. A quiet, private haven for the perfect Kauai getaway and/or income property. VDA means you can Reside in one or both, Short-term Rent one or both, Long-term Rent one or both, or Home Exchange one or both & at will!
Combined gross income* for 2018 & 2019 (net of GET/TAT) was $294,681. 17 Palms Kauai has been run as a vacation rental property for over 15 years.
The Meli Meli cottage, CPR unit 1, is a two-bedroom, one bath home with a fully equipped kitchen and laundry. It is decorated in a whimsical South Seas décor and has vaulted ceilings, polished concrete floors, and an open concept living room/dining room floor plan. (see VR video**)
The Hale Iki cottage, CPR unit 2, is a one-bedroom, one bath home also with a fully equipped kitchen and laundry. It is decorated with Asian inspired décor, has wide-plank painted & stenciled floors, and also boasts an open floor plan. (see VR video**)
The property is only one block from the Coconut Marketplace, Lava Lava Beach Club, Kinipopo Shopping Village and many nearby shops, grocery stores, farmer's markets, restaurants and coffee houses. So much so near..!
This licensed, vacation rental property is being sold fully furnished and turnkey. Sale includes two-unit CPR TMK's 4-4-3-1-13-1&2, website, all transferable third-party advertising, and a completed fractional ownership plan.
** Virtual Reality tour of the property: https://vrtours.360vrhawaii.com/414-wailua-kai-street/u/
|--||New Value: $1,389,000|
|11/25/2020 12:18:36 PM||New Value: Contingent|
|10/29/2020 10:18:38 AM||New Value: $1,389,000|
|7/9/2020 9:19:00 AM||New Value: $1,439,000|