
Las Vegas, NV 89103
This Short-Term Rental Ready Condo is a High-Potential Investment Opportunity listed at $249,900, aligning with its $249,900 Fair Market Value. Boasting a Move-in Ready Condition Rating, the unit features Stainless Steel Appliances, modern flooring, and a balcony with Las Vegas Strip Views. Significant value is driven by the HOA’s rare Short-Term Rental Approval and recent mechanical upgrades to the Air Conditioning and Water Heater. This turnkey asset is perfectly positioned for Buy-and-Hold Investors or Owner-Occupants desiring proximity to Allegiant Stadium and the Strip.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4200 S Valley View Boulevard 3065 Subject | $249,900* List Price | 1 | 1 | 680 | $368 | - |
A 4200 S Valley View Boulevard 2112 Sold | $250,000 | 1 | 1 | 680 | $368 | 0.1 mi |
B 4200 S Valley View Boulevard 1109 Sold | $250,000 | 1 | 1 | 680 | $368 | 0.1 mi |
C 4200 VALLEY VIEW Boulevard 1109 Sold | $250,000 | 1 | 1 | 680 | $368 | 0.1 mi |
D 4200 S Valley View Boulevard 3049 Active | $235,000 List Price | 1 | 1 | 516 | $455 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates, including stainless steel appliances, granite countertops, and contemporary wood-look flooring. While the building was constructed in 1990, the interior has been well-maintained and updated with modern finishes like a stone accent fireplace. Additionally, major systems including the air conditioning and water heater were replaced within the last year, ensuring functional longevity.
The HOA explicitly allows short-term rentals, making this a rare and highly lucrative opportunity for investors seeking high-yield vacation rental income near the Las Vegas Strip.
Situated minutes from Allegiant Stadium and the Strip, this third-floor unit offers a private balcony with iconic views, providing a premium Las Vegas lifestyle experience.
The air conditioning system and water heater were both replaced last year, significantly reducing immediate capital expenditure and providing peace of mind regarding major component longevity.
Built in 1990, the complex may face increasing long-term maintenance requirements or potential special assessments compared to newer luxury developments in the area.
The property is currently 'back on market' with a price reduction, which can sometimes create a perception of previous inspection or financing hurdles among discerning buyers.
Back on market and just reduced! Immaculate third-floor one-bedroom condo (Unit 3065) in the desirable Flamingo Palms Villas, located just minutes from the Las Vegas Strip. This beautifully updated unit features an open floor plan, stainless steel appliances, and modern interior finishes. Enjoy a private balcony with community and strip views and easy access to resort-style amenities including two sparkling pools, a fitness center, clubhouse, and gated parking. The guard-gated community provides comfort, security, and convenience. HOA covers internet. Perfect as a primary residence, vacation retreat, or low-maintenance investment property close to world-class entertainment, dining, and Allegiant Stadium. Experience the best of Las Vegas living at Flamingo Palms Villas! HOA ALLOWS Short-term Rentals. Water heater and air conditioning upgraded last year.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades 6-8 • 3.2 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 36% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 680 | 880.5 | 8% |
| Lot Size | 680 | 1 | 52% |
| Price | $249.9K | $158.5K | 88% |
| Price per sq ft | $368 | $195 | 97% |
| Built year | 1990 | 1983 | 75% |
| HOA | $285 | $188 | 89% |
| Days on market | 185 | 1176 | 18% |
Oct 19, 2025
$249,900
Initial Listing
May 14, 2015
$21,541
Public Record