Studio Unit - Registered & Legal Short-Term Vacation Rental with Transferable License This fully furnished studio condo is a legally registered Short-Term Vacation Rental (STVR) and comes with a transferable STVR license, making it a turn-key opportunity for investors or those seeking a vacation home. Monthly HOA Dues Cover: High-speed internet Cable TV Water/sewer Trash collection Pest control and fumigation On-site resident manager Access to beautifully maintained tropical grounds Swimming pool, hot tub, BBQ area, and parking Location Highlights: Nestled between Kona and Hilo, this unit offers convenient access to shopping, dining, and a full range of tourist activities. Enjoy the peace and privacy of this historic, off-the-beaten-path location-just a 5-minute walk to the iconic Punaluu Black Sand Beach, where you can observe resting Green Sea Turtles. Adventure awaits with endless opportunities for snorkeling, fishing, surfing, swimming, kayaking, boogie boarding, and even spearfishing in crystal-clear waters. Only 10 minutes from the charming Hawaiian towns of Pahala and Na'alehu, where you'll find local favorites like the famous Punalu'u Sweet Bread Factory and unique island-style restaurants.