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1303 Kalanianaole Ave Unit 12, HILO
$1,999,888
12 Beds ⋅ 12 Baths ⋅ 734068 MLS ⋅ ['Fee Simple'] Tenure ⋅ Plumeria Apartments BLDG.
Amazing opportunity to own a one of a kind Hotel V-zoned -12 studio unit vacation rental along the beach corridor in Hilo , Hawai'i located just up the street from Chalk's Beach. Build your own Multi use options: - Live on property and self manage up to 10 vacation rental studios - Or live offsite and self manage for rental revenue. - Purchase as investment with hands off rental with current turnkey management - Own your own condo complex- Purchase and sell off individual units - All have a separate CPR /TMK numbers - Rent both long and/or short term The possibilities are tremendous!!! Currently there are 10 STVR permits, One unit used as office and laundry and one as a expandable lock out unit. 7 units are currently in vacation rental program and 4 being used a long term rentals. Do not miss this one-of-a-kind opportunity to build your legacy in Hawaii. . One Seller holds an active real estate license in the State of California.

1303 Kalanianaole Ave Unit 12, HILO

Listing courtesy of COMPASS.

176 Apapane Rd, HILO
$475,000
733242 MLS ⋅ ['Fee Simple'] Tenure
Pleasant ocean views and steps from the ocean. This resort zoned property offers the perfect spot to create your vacation rental dreams! Zoning would also allow for an owner to live on the property while creating rental income. Ocean views from the upper portion of the property. Located in the sun belt of East Hawaii, with easy access to surfing, swimming, diving, jogging, and recreational bike riding, it's a place where cool tropical breezes and the calm waters of Onekahaka Beach Park are part of the package! Picnic or dine at two of East Hawaii's favorite oceanside restaurants, all within minutes of the property. While the current water meter supports residential development, the zoning may allow for expanded vacation rental opportunities. Dual road frontage provides easy access to Onekahaka while insuring limited development between this property and ocean. The owners has a topographical survey map which can be provided. Proposed house plans may be re-opened (check with CoH) that can help ease development requirements. Topo determined much of property is not in a flood zone(Zone X). In addition, sellers routinely maintains the property so it's easy to see the true beauty of this vibrant parcel! So come enjoy the weather and live your dreams in one of the very few ocean accessible East Hawaii neighborhoods.

176 Apapane Rd, HILO

Listing courtesy of Real Broker.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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