Residential Income For Sale

The Hilo Beach House is a beachfront residence and multi-unit, short-term vacation rental (STVR) bordering Onekahakaha Beach Park, offering front-row Pacific Ocean views and safe, swimmable ocean access directly from the property; making it a truly exceptional find on the Big Island. While safe swimming spots are scarce on the east coast, Keaukaha is the premier exception, providing a protected white-sand cove just steps away. Furthermore, the property’s location offers privacy while maintaining its convenient ocean access and oceanfront views. Unlike remote Hamakua, this property boasts unparalleled convenience and safety. It sits close to downtown Hilo and all of it’s amenities; meaning no long commutes, no dark country roads, and no dangerous night driving to get home. The estate features over 6, 300 SF of improvements, including 3 luxury air-conditioned units furnished with handcrafted pieces from Bali and screened-in balconies with serene views. The 1st unit offers flexibility with 2 bed/baths a full kitchen, kitchenette, two entries and a middle door with lock-off capability. The other two units are spacious studios with their own kitchenettes. The gorgeous top floor boasts a stunning 2-bedroom, 2-bathroom main residence with an open layout, plush master suite, and a private, beachfront balcony. The Ground Floor Lobby includes an event area currently hosting yoga and dance classes, complete with solar/rain shades and a half bath. Functional amenities include 2 laundry rooms, linen storage, an office, guest reception desk, and ample parking. The property is fully fenced with an automatic security gate, keypad entry, motion lighting, and mobile-linked video surveillance system. All STVR furnishings and linens are included. Zoned V-.75 (Resort-Hotel), plus the Hilo Beach House is thoughtfully built over 3 feet above the base high water level, greatly reducing the cost of flood insurance while providing safety and financial security!