Maui Real Estate Blog
Maui Beachfront Condo Back on the Market
Our great 2 bed/2 bath beachfront condo in Kihei just fell out of escrow. Located in the Kamaole Nalu complex on beautiful Kamaole II beach, this is a well maintained and appointed condo. The owner is a cabinet maker and finish carpenter. His care and attention to detail is evident throughout the condo. The views from both within the unit and from the lanai are second to none. Located on the 5th floor, you have a great vantage point looking down the beach, out at the beautiful waters of the Pacific and at the neighboring island of Kaho’olawe. This condo is currently in a successful vacation rental program.
Kamaole Nalu is a LeaseHold complex. The lease expires in 2035. Lease rent was renegotiated last year and is fixed until 2015. When you compare to comparable fee simple condos, you can see the value. Beachfront fee simple condos in this stretch of Kihei run from the $900s on up. Within Kamaole Nalu, this is one of if not the best unit available. Its views and finishing are superior. This condo is listed for $643,000. Contact us today for additional information or to set up a showing.