Ocean-View Leasehold Condo at Milowai 103 in Maalaea

Ocean Views and Maalaea Bay Location

Milowai 103 is a ground-floor, one-bedroom condo with spectacular ocean views, located approximately 60 feet from the beach on Maalaea Bay's small boat harbor. The property is centrally located in Maalaea, close to many of Maui's well-known destinations.

Updated Furnishings and Interior Features

Recently updated and tastefully furnished, the unit includes a king-size bed, two queen sofa beds, an in-unit washer and dryer, window air conditioning, and ceiling fans for added comfort. The 557-square-foot home has one bedroom and one bathroom.

Community Amenities

The well-maintained grounds include a pool, barbecue areas, and open lounge spaces. With only 43 units in the complex, Milowai offers a more intimate Hawaii condominium setting.

Short-Term Rental Operation and Ownership Details

Unit 103 is operated as a short-term rental with strong bookings. This is a leasehold property, and the unit is zoned A-2 Apartment. Assigned parking stall number 57 is included.

Fees and Property Information

The monthly AOAO fee is $1,362.39, including $598.82 in HOA operating expenses and $763.57 for reserve funding. A seawall special assessment of $464 per month applies. Electricity is billed separately. The condo was built in 1977 and is offered for $235,000. The stated lot size is 1.24 acres.