This is a great place to stay even if you haven't booked a car. You can take all the beach gear and walk to the beach, buy drinks or have lunch at the nearby Magics Beach Grill restaurant or take a free Hele-On shuttle along the Alii Drive to go to the farmers market or Kona marketplace. I was surprised at how clean the apartment is given how easy it is to get sand inside. We loved the spacious lanai where you can watch the sunset over the ocean and the hills nearby. The management allowed us early check-in and offered complimentary sweets and coffee. There are two uncovered parking spots right outside for your convenience. In general, the place seems pricy but I think it's still worth it.
P.S. Some reviews mentioned issues with A/C but we did not notice any, the apartment is nice and chilly.