4200 South Valley View Boulevard 2081, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
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Las Vegas, NV 89103
This High-Potential Investment Opportunity is a Turnkey Condominium listed at $248,000, positioned well below the $251,312 Fair Market Value by 1%. This valuation gap offers $3,312 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a New HVAC system and Granite Kitchen countertops. With rare short-term rental eligibility and Panoramic Strip Views, this asset is optimized for high-yield performance. It is an ideal acquisition for Buy-and-Hold Investors or vacation home buyers seeking a low-maintenance, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4200 South Valley View Boulevard 2081 Subject | $248,000* List Price | 1 | 1 | 516 | $487 | - |
A 4200 S Valley View Boulevard 3091 Active | $249,000 List Price | 1 | 1 | 496 | $502 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1990 (34 years old), it has been well-maintained and updated to a turnkey condition. Key highlights include a new HVAC system installed 2 years ago, modern laminate flooring, and a kitchen featuring granite countertops and updated cabinetry. It is move-in ready and fits the profile of a property with a 5-15 year old renovation.
As one of the few communities in Las Vegas allowing short-term rental cycles, this property offers exceptional high-yield potential for investors and vacation home buyers.
Situated just one mile from the Strip, the unit features stunning panoramic views of the Las Vegas skyline, significantly increasing its desirability and rental appeal.
The HOA fee includes cable, internet, water, sewer, and trash, providing a simplified, all-inclusive living experience that is highly attractive for remote owners.
With only 516 square feet of interior space, the compact layout may limit appeal for long-term residents or those requiring more storage and room to move.
The assigned middle and high schools carry lower performance ratings, which could deter owner-occupant families and impact long-term appreciation compared to other submarkets.
Stunning Second-Floor Fully Furnished Turnkey Condo with Panoramic Strip Views – Flamingo Palms Villas. Welcome to a hidden gem in the highly sought-after Flamingo Palms Villas, a guard-gated community just one mile from the Las Vegas Strip! This beautiful second-floor condo offers breathtaking panoramic views of the Strip, making it the perfect retreat in the heart of the city. This community, per the HOA, is one of the few in Las Vegas that allows short-term rental cycles, making it an excellent opportunity for investors, vacation home buyers, or those looking for a flexible living arrangement. With cable, internet, sewer, trash and water all covered by the HOA, enjoy hassle-free living at its finest. Resort-style amenities include 2 community pools, a relaxing waterfall and spa, clubhouse & state-of-the-art fitness center. Just minutes away from the Palms Casino and the Rio Hotel and Casino! Plus, with the Vegas Strip a mere 5-minute drive away, you'll never be far from the excitement! The condo features an open-concept layout and a spacious balcony, perfect for enjoying the dazzling city strip lights. New AC installed 2 yrs ago.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades 6-8 • 3.3 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 516 | - |
| Lot Size | 4,840 | - |
| Price | $248.0K | $217.2K |
| Price per sq ft | $481 | $219 |
| Built year | 1990 | 0 |
| HOA | $313 | $0 |
| Days on market | 12 | 828 |
Jul 10, 2026
$248,000
Initial Listing