$399,998 Active

4200 South Valley View Boulevard 3040
Las Vegas, NV 89103 · Flamingo Palms Villas

3 Beds
2 Baths
1,257 Sq Ft
9,776 Lot Sq Ft
1990 Built
31 days on market MLS# 2809319

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

INVESTOR OR SECOND-HOME OPPORTUNITY — RARE 3-BEDROOM CONDO WITH GRANDFATHERED SHORT-TERM VACATION RENTAL USE JUST MINUTES FROM THE LAS VEGAS STRIP!

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

Middle School
Sawyer Grant
High School
Clark Ed. W.

Virtual Tour

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Listed by: Christopher R. Palou, Sphere Real Estate

Location

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