4381 West Flamingo Road 1907, 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 listed at a List Price of $220,000, positioned slightly above the $219,036 Fair Market Value. As a Condominium in the Palms Place resort, this unit features an Excellent Condition Rating with high-end finishes and is offered fully furnished. The property provides immediate access to luxury amenities like a Spa and Deck, catering to high rental demand. While the $825 HOA fee requires careful margin analysis, this is a prime asset for Buy-and-Hold Investors or Vacation Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4381 West Flamingo Road 1907 Subject | $220,000* List Price | 1 | 1 | 615 | $356 | - |
A 5286 River Glen Drive 428 Sold | $184,500 List Price | 1 | 1 | 700 | 0.9 mi | |
B 4200 S Valley View Boulevard 3030 Active | $235,000 List Price | 1 | 1 | 680 | $346 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (20 years old), this unit is exceptionally well-maintained and move-in ready. The kitchen features high-end stainless steel cabinetry and appliances, while the bathroom is updated with marble tiling and modern fixtures, fitting the 10-20 year functional criteria.
The unit is offered fully furnished and has been exceptionally well-maintained, providing a seamless transition for investors or vacation home buyers without the need for additional furnishing costs.
Located in the renowned Palms Place resort, the property offers strong rental potential, making it an attractive option for those looking to capitalize on the Las Vegas short-term rental market.
As part of a luxury condo-hotel, owners have access to premium amenities including a world-class spa, fitness center, and pool, which significantly enhances the guest experience and property value.
The monthly association fee of $825 is substantial for a 615-square-foot studio, which may compress net profit margins for investors despite the rental income.
Due to its classification as a resort condominium (condotel), traditional residential financing may be difficult to obtain, often requiring cash buyers or specialized portfolio lenders.
Seller has taken exceptional care of this beautiful, fully furnished condo, and it shows. Fantastic opportunity with strong rental potential. Buyer and buyer's agent to verify all information, including schools, HOA, fees, room sizes, and any rental restrictions, to their satisfaction. Schedule your appointment today! This one won't last long!
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades 6-8 • 2.7 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 615 | - |
| Lot Size | 615 | - |
| Price | $220.0K | $217.2K |
| Price per sq ft | $358 | $219 |
| Built year | 2006 | 0 |
| HOA | $825 | $0 |
| Days on market | 13 | 828 |
Jul 9, 2026
$220,000
Initial Listing