4200 South Valley View Boulevard 2117, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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4200 South Valley View Boulevard 2117
Las Vegas, NV 89103
ACTIVE
CONDITION: GOOD
2Beds
2Baths
902Sq Ft
1Lot Size
Property Price
LIST PRICE$299,999
EST. MARKET VALUE
$271,531
10% AboveMARKET VALUE
SUMMARY
This Short-Term Rental Asset is a High-Potential Investment Opportunity, listed at $299,999—positioned above the $271,532 Fair Market Value. While priced slightly above market, the property’s rare Short-Term Rental Zoning and Turnkey Condition provide immediate operational utility. Featuring Stunning Strip Views, a Resort-Style Pool, and Guard-Gated Security, this unit offers a low-maintenance, fully furnished lifestyle. With an inclusive HOA covering all major utilities, this is an ideal acquisition for Buy-and-Hold Investors or Vacation-Home Buyers seeking a high-demand, income-generating property near the Las Vegas Strip.
Estimated Market Value
$271,531
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4200 South Valley View Boulevard 2117 Subject 2 bd · 2 ba · 902 sqft · $301 | $299,999* List Price | 2 | 2 | 902 | $301 | - |
A 4200 South Valley View Boulevard 2012 Sold 2 bd · 2 ba · 902 sqft · $333 · 0.0 mi | $299,999 | 2 | 2 | 902 | $333 | 0.0 mi |
B 4200 South Valley View Boulevard 1007 Active 2 bd · 2 ba · 902 sqft · $421 · 0.0 mi | $379,900 List Price | 2 | 2 | 902 | $421 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1990 (>30 years old), the property is well-maintained and move-in ready. The kitchen features granite countertops and tile flooring, indicating a mid-life renovation (approx. 10-15 years ago). The unit is marketed as turnkey and fully furnished, meeting the criteria for functional and well-maintained living space.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Potential
As one of the rare Las Vegas communities that permits short-term rental cycles, this property offers exceptional flexibility and high-yield potential for investors and vacation-home buyers.
- Prime Location and Views
Located just one mile from the Las Vegas Strip, the unit features desirable Strip views and immediate proximity to world-class entertainment, dining, and the Palms and Rio resorts.
- Turnkey and Inclusive HOA
The property is sold fully furnished and the HOA fee covers essential utilities including cable, internet, water, sewer, and trash, ensuring a low-maintenance, move-in-ready experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1, other record lot size in square feet = 8211.
- Property Age
Built in 1990, the unit and building infrastructure may require more frequent maintenance or modern upgrades to compete with newer luxury condominium developments nearby.
- High Monthly Carrying Costs
The $386 monthly HOA fee, while inclusive of utilities, represents a significant recurring expense that may impact the net cash flow for long-term investment strategies.
About 4200 South Valley View Boulevard 2117
**STRIP VIEWS! FULLY FURNISHED! SHORT-TERM RENTAL FRIENDLY!** Discover the Las Vegas lifestyle at its best in this beautifully maintained second-floor condo at **Flamingo Palm Villas**, a desirable guard-gated community just one mile from the Las Vegas Strip! Tucked away in a quiet setting, this turnkey condo offers an open-concept floor plan, spacious balcony, and stunning views of the Strip—perfect for taking in the dazzling city lights day or night. **And it's fully furnished!** Per the HOA, Flamingo Palm Villas is one of the few Las Vegas communities that allows short-term rental cycles, offering flexibility for investors, vacation-home buyers, or those seeking a second home with rental potential. Enjoy low-maintenance living with **cable, internet, water, sewer, and trash included in the HOA**. Resort-style amenities include **two sparkling pools, waterfall and spa, clubhouse, and state-of-the-art fitness center**.Location is everything, and this one delivers! You're minutes from **The Palms, Rio Hotel & Casino, and the Las Vegas Strip**, putting world-class dining, entertainment, shopping, nightlife, and attractions practically at your doorstep. Whether you're searching for a **turnkey investment, vacation retreat, or your own Las Vegas escape**, this condo checks all the boxes. **Strip views, guard-gated security, resort amenities, furnished convenience, and an unbeatable location—this is the one you've been waiting for!**
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 1 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $386 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 1.7 mi
6/10
Grant Sawyer Middle School
Grades 6-8 • 3.2 mi
4/10
Ed W Clark High School
Grades 9-12 • 1.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 902 | 1,048.989 |
| Lot Size | 1 | 5,669.706 |
| Price | $300.0K | $221.6K |
| Price per sq ft | $333 | $210 |
| Built year | 1990 | 1996 |
| HOA | $386 | $254 |
| Days on market | 22 | 70 |
Pricing History
Listed for Sale
Oct 2, 2026
$299,999
Initial Listing