DISCOVERY BAY

Larger (852 sf) one bedroom living & FEE SIMPLE! Enclosed lanai overlooking harbor & ocean views with one covered parking. "The unit is 96.893% fee simple and 3.107% leasehold. The AOAO has the right to purchase the remaining leased fee interest before the lease ends on December 31, 2039. The lease rent for the last 10 years of the lease is known, and the method to establish the price of the remaining leased fee interest has been agreed upon". Current lease rent on remaining 3.107% is $13.97 per month. ($41.90 paid quarterly with maintenance fee). For additional info & condo documents go to the Discovery Bay Hawaii web site.