4381 W Flamingo Road 916, Las Vegas, NV 89103, Las Vegas, 89103 - 1 bed, 1 bath
4381 W Flamingo Road 916
Las Vegas, NV 89103
Property Price
SUMMARY
Analysis of 4381 W Flamingo Road 916, Las Vegas, NV 89103 is currently available with a list price of $339,999. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age range for a 'good' condition rating. The unit is move-in ready and features high-end luxury finishes consistent with the Palms Place brand, including floor-to-ceiling glass, a modern kitchen with stainless steel appliances, and a high-quality bathroom with stone surfaces. While the unit appears to maintain its original high-end styling rather than a recent full renovation, it is well-maintained with no deferred maintenance mentioned.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Potential
The property permits Airbnb and short-term rentals, providing a flexible and lucrative opportunity for investors looking to capitalize on the Las Vegas tourism market.
- Iconic Views and Terrace
Featuring floor-to-ceiling glass and a rare private outdoor terrace, the residence offers stunning, unobstructed views of the Las Vegas Strip and skyline.
- Luxury Resort Amenities
Residents benefit from a full-service lifestyle with on-site dining, fitness centers, and direct skybridge access to the Palms Hotel & Casino.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly HOA fee of $825 is relatively high for a 615-square-foot studio, which may impact the net return on investment for some buyers.
- Limited Living Space
As a studio residence, the unit offers a single-room living area that may lack the privacy and storage required for long-term primary residency.
About 4381 W Flamingo Road 916
Welcome to this studio residence at 4381 W Flamingo Rd #916 in the iconic Palms Place luxury high-rise. This residence features stunning Strip and skyline views along with a private outdoor terrace. Floor-to-ceiling glass fills the space with natural light and highlights the vibrant Las Vegas cityscape. Palms Place offers a full-service lifestyle with on-site restaurants, lounges, fitness centers, and direct indoor access via skybridge to the Palms Hotel & Casino. The property is currently undergoing revitalization, including the planned return of the former Drift Spa, enhancing the long-term appeal of the building. This residence presents a flexible opportunity for use as a primary home, second residence, or investment property. Short-term rental / Airbnb use is permitted. Buyers interested in rental operations may inquire about Stripview Suites for additional information. All information deemed reliable but not guaranteed; buyer to verify all use, rental, and HOA requirements.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 45,787 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $825 / Month
Neighborhood Insights
Las Vegas Unified Schools
Joseph E Thiriot Elementary School
Grades PK-5 • 1.2 mi
Grant Sawyer Middle School
Grades 6-8 • 2.7 mi
Ed W Clark High School
Grades 9-12 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 34% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 615 | 884 | 5% |
| Lot Size | 45,787 | 700 | 99% |
| Price | $340.0K | $157.0K | 99% |
| Price per sq ft | $553 | $197 | 99% |
| Built year | 2006 | 1984 | 99% |
| HOA | $825 | $195 | 99% |
| Days on market | 29 | 655 | 1% |
Pricing History
Listed for Sale
Feb 6, 2026
$339,999
Initial Listing