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3618 sq ft 6 bed 6.01 bath on 0.22 acres in ONEKAHAKAHA SUBDIVISION Contact Hilo Brokers about THIS property.

Description

The Hilo Beach House is a successful multi-unit, beach-front, short-term vacation rental, STVR, bordering Onekahaka Beach Park for easy ocean access and front-row views of the Pacific Ocean. A protected white-sand cove is located just steps away from this amazing opportunity. Offering 4 luxury-studio units on the first floor, a 2 bedroom, 2 bathroom residence on the top floor, 2 laundry rooms, linen storage, office, a guest reception area as well as a grand lobby and event area. The air-conditioned, luxury-studio units are decorated and furnished with handcrafted pieces from Bali and feature screened-in balconies boasting ocean and garden views. One of these units includes a full kitchen and the other 3 units include kitchenettes. When accommodating larger parties, the unit with the full kitchen can also be accessed directly from its adjacent unit. The main residence on the top floor impresses with an open layout, plush master suite and another amazing balcony with front-row, ocean views. Grand lobby comes equipped with solar and rain shades and is currently hosting yoga and dance classes. The sum area of these improvements totals over 6,300 sqft. Fenced on every border and landscaped with a tropical setting. Automatic gate with optional keypad entry. Ample parking as well. Motion lighting & video surveillance system with mobile phone notifications. All vacation rental furnishings, linens, etc. are included. Built compliant with V-.75 Resort-Zoning so vacation rental permits aren't required to conduct business as a vacation rental.

Please visit the "Hilo Beach House" vacation rental website for a detailed description of the rental units.

General Information

Address:	23 MACHIDA LANE HILO, HI 96720
Subdivision:	ONEKAHAKAHA SUBDIVISION
Price:	$3,500,000
Form:	Residential
House Size:	3,618 Sq Ft
Lot Size:	0.22 Acres (9,453 Sq Ft)
Type:	Not specified
Lava:	Zone 3
TMK:	3210140430000
MLS:	704932
Terms:	Cash Conventional

District:	South Hilo District (learn more)

Beds:	6
Baths:	6.01
Built:	2017
Status:	Active
Tenure:	Fee Simple
Taxes:	$8,522.0
Value:	$370.25/SqFt (land) $967.39/SqFt (stucture)