
Las Vegas, NV 89103
This Short-Term Rental Approved Condominium is a Strong Value Opportunity, listed at $329,500—positioned well below the $350,530 Fair Market Value by 5%. This valuation gap offers $21,030 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern renovations, this unit includes an unobstructed skyline view and access to community pools and spas. Ideally located near the Las Vegas Strip, this property is a prime asset for Buy-and-Hold Investors or vacation home buyers seeking a turnkey, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4200 South Valley View Boulevard 2100 Subject | $329,500* List Price | 2 | 2 | 902 | $389 | - |
A 4200 S Valley View Boulevard 1060 Active | $370,000 List Price | 2 | 2 | 902 | $410 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1990, the property has undergone a recent modern renovation (likely <5 years) featuring new light-colored wide-plank flooring, fresh neutral paint, and updated door hardware. The interior is in mint, move-in ready condition, suitable for immediate short-term rental use.
As one of the rare communities in Las Vegas allowing short-term rentals, this property offers exceptional flexibility and high income potential for investors or vacation home buyers.
Situated just one mile from the Las Vegas Strip and minutes from Allegiant Stadium, the property provides unparalleled access to world-class entertainment, dining, and sports venues.
The HOA fee covers essential services including cable, internet, water, sewer, and trash, simplifying monthly expenses and enhancing the 'lock-and-leave' convenience.
The $414 monthly association fee represents a significant recurring cost that may impact the overall cash flow for investors or the monthly budget for primary residents.
The assigned middle and high schools carry lower ratings of 4, which may be a deterrent for families prioritizing top-tier public education for their children.
Flamingo Palms Villas – Furnished, Guard-Gated & Short-Term Rental Approved Community. Discover a hidden gem in the highly sought-after Flamingo Palms Villas, a guard-gated oasis located just one mile from the world-famous Las Vegas Strip. This beautifully updated second-floor condo offers the perfect blend of serenity and excitement in the heart of Las Vegas. Per the HOA, Flamingo Palms Villas is one of the few communities in Las Vegas that allows short-term rental cycles, making this property an exceptional opportunity for investors, vacation home buyers or anyone wanting a flexible, lock-and-leave living arrangement. Enjoy truly hassle-free living with cable, internet, sewer, trash, and water all covered by the HOA. Two sparkling community pools, relaxing waterfall & spa, clubhouse, fitness center. Minutes from Palms Casino, Las Vegas Strip, T-Mobile and Allegiant Stadium. Buyer/Agent to verify short term rental rules and regulations.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades 6-8 • 3.2 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 902 | - |
| Lot Size | 902 | - |
| Price | $329.5K | $217.2K |
| Price per sq ft | $365 | $219 |
| Built year | 1990 | 0 |
| HOA | $414 | $0 |
| Days on market | 4 | 828 |
Jul 18, 2026
$329,500
Initial Listing