4200 South Valley View Boulevard 3040
Las Vegas, NV 89103
· Flamingo Palms Villas
TRG Insights
Three bedrooms, fully furnished, with a Strip view, a balcony, and grandfathered short-term rental use behind a 24-hour guarded gate.
Fully renovated and offered furnished, the floor plan holds three bedrooms and two full baths in 1,257 square feet across three stories. The listing describes grandfathered short-term vacation rental use with an operating history behind it: $56,506 in 2023, $58,613 in 2024, and $52,506 in 2025, which the listing totals at more than $167,000 gross, with detailed financials available to qualified buyers. The MLS lists a Strip view, and the unit has a balcony. Inside the gates at Flamingo Palms Villas, association amenities include a fitness center, pool, and spa with guard service, and the remarks add two pools, a clubhouse with a designated rideshare pickup area, and 24/7 live security. The catch: there is no garage, and parking is open and guest spaces. Dues run $566 a month, which the listing says covers internet, water, trash, and parking. The air conditioning was replaced in 2019, and the building dates to 1990.
Description
Over $167,000 in historical gross vacation-rental revenue from 2023–2025, averaging approximately $55,875 per year over the last three full calendar years.
This fully renovated and fully furnished 3-bedroom, 2-bathroom condo offers a rare opportunity to own a turnkey Las Vegas property with an established vacation-rental operating history. Use it as an investment property, a Las Vegas second home, or enjoy the flexibility of both.
The highly desirable 3-bedroom floor plan provides added flexibility and strong appeal for families, groups, and guests seeking larger accommodations near the Strip. The property is offered fully furnished, eliminating the time and expense of renovating and furnishing a typical investment property.
Located in a gated community with 24/7 live security, residents and guests enjoy two pools, a spa, and a designated Uber/Lyft pickup area near the clubhouse. HOA includes internet, water, trash, and parking.
Fully renovated. Fully furnished. Grandfathered vacation-rental use. Proven rental history. Rare 3-bedroom floor plan. Minutes from the Las Vegas Strip.
Historical gross revenue:
2023 — $56,506
2024 — $58,613
2025 — $52,506
Detailed historical financials available to qualified buyers. NEW AC 2019.
Interior
- Bedrooms
- 3
- Square Feet
- 1,257
- Stories
- 3+ Stories
- Fireplace
- Yes
- Flooring
- Laminate
- Cooling
- CentralAir
- Heating
- Central
- Appliances
- Dryer, Dishwasher, ElectricRange, Disposal
- Interior Features
- WindowTreatments
Exterior & Lot
- Lot Size
- 9,776 sq ft
- Garage
- No Garage
- Parking Features
- Open, Guest
- View
- StripView
- Exterior Features
- Balcony
- Patio / Porch
- Balcony
Community & HOA
- HOA Fee
- $566/month
- HOA Includes
- FitnessCenter, Gated, Pool, Guard
- Community Features
- Pool
Building Info
- Year Built
- 1990
- Property Type
- Condominium
- MLS Number
- 2809319
- Last Updated
- Sep 12, 2026
Financial
- HOA Fee
- $566/month
- Annual Tax
- $1,044
Schools
- Elementary
- Thiriot, Joseph E.,Thiriot, Joseph E.
- Middle School
- Sawyer Grant
- High School
- Clark Ed. W.
Virtual Tour
View Virtual TourListed by: Christopher R. Palou, Sphere Real Estate