
Las Vegas, NV 89169
This Strong Value Opportunity is a turnkey condo listed at $305,000, positioned slightly above the $304,000 Fair Market Value. Featuring a Good Condition Rating, this unit offers high-end finishes including granite countertops and luxury vinyl flooring. Residents enjoy resort-style amenities, including a pool, spa, and fitness center, just steps from the Las Vegas Strip. With a tenant already in place, this property provides immediate cash flow, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 270 E Flamingo Road 205 Subject | $305,000* List Price | 2 | 2 | 974 | $312 | - |
A 270 E Flamingo Road 115 Sold | $265,000 | 2 | 2 | 974 | $272 | 0.0 mi |
B 210 E Flamingo Road 105 Sold | $290,000 | 2 | 2 | 974 | $298 | 0.2 mi |
C 220 E Flamingo Road 412 Sold | $310,000 | 2 | 2 | 974 | $318 | 0.1 mi |
D 220 E Flamingo Road 412 Sold | $310,000 | 2 | 2 | 974 | $318 | 0.1 mi |
E 220 E Flamingo Road 111 Sold | $295,000 | 2 | 2 | 1,062 | $278 | 0.1 mi |
F 270 E FLAMINGO Road 325 Sold | $340,000 | 2 | 2 | 974 | $349 | 0.0 mi |
G 270 E Flamingo Road 223 Active | $325,000 List Price | 2 | 2 | 974 | $334 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1992 (32 years old), it has undergone significant interior renovations that make it move-in ready. Upgrades include modern luxury vinyl plank flooring, granite countertops, and stainless steel appliances in the kitchen, along with a renovated walk-in shower. The condition is well-maintained and turnkey, fitting the 5-15 year renovation profile for a 'Good' rating.
Situated in a 16-acre gated community just steps from the Las Vegas Strip, the property offers unparalleled access to luxury amenities including tennis and pickleball courts, a fitness center, and a resort pool.
This is a turnkey investment opportunity with a tenant already in place, providing immediate cash flow for the buyer without the need for initial marketing or leasing efforts.
The unit features premium upgrades such as marble and luxury vinyl flooring, granite countertops, and stainless steel appliances, ensuring a modern and attractive living space.
The monthly HOA fee of $565 is relatively high for a 974-square-foot unit, which may impact the net rental yield and appeal to budget-conscious buyers.
The property is zoned for schools with low ratings (ranging from 2 to 3), which may limit the long-term resale appeal to families with school-aged children.
Upgraded luxury condo just minutes from the heart of the Las Vegas Strip. Clean and bright, this 2Bdr/2Bath unit offers a comfortable layout with a partial Strip view that comes alive at night. The living room and primary bedroom both provide access to the covered patio area. Interior upgrades include marble/stone and luxury vinyl flooring, granite countertops, stainless steel appliances, and a walk-in shower in the primary suite. Front-load washer and dryer included. Located within a 16-acre gated resort-style community featuring a large pool and spa, fitness center with sauna, tennis and pickleball courts, racquetball, BBQ areas, and 24-hour access to many amenities. The Meridian community is truly is a hidden oasis steps away from the heart of Las Vegas. Turnkey rental with tenant already in place generating immediate rental income.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 66% |
| Square foot | 974 | 816 | 64% |
| Lot Size | 10,325 | 863 | 81% |
| Price | $305.0K | $130.0K | 91% |
| Price per sq ft | $313 | $186 | 77% |
| Built year | 1992 | 1973 | 70% |
| HOA | $565 | $234 | 85% |
| Days on market | 40 | 701 | 2% |
May 7, 2026
$305,000
Initial Listing