
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 Unit 2081 Subject 1 bd · 1 ba · 516 sqft · $426 | $220,000* List Price | 1 | 1 | 516 | $426 | - |
A 4200 South Valley View Boulevard 3091 Active 1 bd · 1 ba · 496 sqft · $454 · 0.0 mi | $225,000 List Price | 1 | 1 | 496 | $454 | 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.
IMAGINE YOUR LAS VEGAS HOME BASE WITH PANORAMIC STRIP VIEWS! Welcome to this charming, fully furnished and turnkey second-floor condo in the highly sought-after Flamingo Palms Villas, a beautifully maintained guard-gated community just minutes from the Las Vegas Strip. Whether you're looking for a private Vegas getaway, a second home, a vacation retreat, or an opportunity to generate rental income when you're out of town, this cute and cozy condo offers the flexibility to enjoy Las Vegas on your terms. Step inside and you'll find a comfortable, move-in-ready home that comes fully furnished, making it easy to arrive, unpack, and start enjoying everything Vegas has to offer. The open-concept living space leads to a private balcony where you can take in panoramic views of the Las Vegas Strip and dazzling city lights—the perfect spot to enjoy your morning coffee or unwind after a night out. Flamingo Palms Villas offers a well-lit, secure, guard-gated environment with 24/7 security, giving you peace of mind whether you're home or away. Resort-style amenities include two community pools, a relaxing waterfall and spa, clubhouse, and state-of-the-art fitness center. HOA dues also include cable, internet, water, sewer, and trash for added convenience. Location is everything in Las Vegas, and this one puts you right in the middle of it all. Just minutes from the Las Vegas Strip, Palms, Rio, restaurants, entertainment, shopping, nightlife, and major attractions. When you're in town, you have a convenient and comfortable place to call home; when you're away, the community's rental flexibility may provide an opportunity for income potential. Fully furnished. Turnkey. Strip views. Guard-gated. Resort amenities. Minutes from the action. Whether you're looking for your own private getaway in Las Vegas or a property with rental potential, this is an exciting opportunity to own a piece of the Vegas lifestyle.
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 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 516 | 1,048.989 |
| Lot Size | 4,840 | 5,669.706 |
| Price | $220.0K | $221.6K |
| Price per sq ft | $426 | $210 |
| Built year | 1990 | 1996 |
| HOA | $313 | $254 |
| Days on market | 106 | 70 |
Oct 11, 2026
$220,000
$224,000
-2% Price Drop
Initial Listing
Oct 1, 2026
$224,000
$225,000
+0% Price Increase
Initial Listing
Aug 15, 2026
$225,000
$245,000
-8% Price Drop
Initial Listing
Jul 28, 2026
$245,000
$248,000
-1% Price Drop
Initial Listing
Jul 10, 2026
$248,000
Initial Listing