5th Floor Kihei Akahi Unit D502
Listed in late April, Kihei Akahi unit D502 is a fantastic option for buyers in the market who are looking for an affordably priced condo with the option to rent as a short term vacation rental. The rental income goes a long way in helping cover carrying costs (potentially a mortgage, maintenance fees, taxes, etc.) and can help make the unit more affordable. Listed at $689,000, the unit is at the very top of the market and represents an upper tier unit in the community.
This 5th floor end unit in the D building has 2 bedrooms, 2 bathrooms and has been beautifully updated. The kitchen features solid wood Koa cabinets, granite counters, gas stove, updated appliances, pantry and unbelievable storage. ]The bathrooms have granite counters, updated fixtures and both bathrooms feature walk-in showers, with second shower recently retiled. All windows have been replaced with the exception of the master bedroom and the lanai glass has been replaced. Enjoy the cool Trade Winds throughout the unit.
Kihei Akahi Market Update
At this point in time, there are 10 units for sale in Kihei Akahi representing an inventory total of $4,077,500. The average list price unit of a unit is $407,750, while the median price of a unit stands at $352,000. The lowest priced unit is valued at $285,000, a comfortable 1 bedroom 1 bathroom with convenient location to the elevator and has a peaceful garden view; the list price has been reduced and the seller is willing to entertain all offers. The second highest priced unit is listed at $577,000, pristine and rarely available 2 bedroom 2 bath unit that has been totally updated and has seen one price reduction since its initial listing.
Amazing views from top floor Kihei Akahi condo
Last year in 2015, the Kihei Akahi market experienced a decent year with 9 units sold representing $3,573,000 in sales. The average sold price for a unit was $397,000, while the median price was $360,000. The majority of the sales fell in the bottom tier of the complex, around the $250k-$370k range. The lowest priced unit closed for $245,000, was a studio unit with strong rental revenue and ran through VRBO. The highest priced unit sold was $630,000, it was a pocket listing with 1200 square feet.
Kihei Akahi Condos For Sale
2531 S KIHEI RD D 502
2531 S KIHEI RD #C409
2531 S KIHEI RD #D316
2531 S KIHEI RD #D-G10
2531 S KIHEI RD #D104
2531 S KIHEI RD #D101
Complete Inventory of Kihei Akahi Condos For Sale
Contact a Maui Real Estate and Lifestyle Specialist
Ho’olei villas, we are also currently the in house “Sayles” team at Ho’olei Grand Wailea
Please interview me to be your trusted Maui Real Estate and Lifestyle Advisor. I was born and raised on the island, and spend a considerable amount of time to inform my clients about the best deals currently on the market. Please do not hesitate to call me for your Maui real estate needs. I am more than happy to assist you in your home search.
Aloha,
Anthony Sayles R(S) 808-280-6532 Anthony@DanoSayles.com