4200 S Valley View Boulevard Unit 3040, Las Vegas, NV 89103

$415,000
3
BD
2
BA
1,257
SqFt

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List Price
$415,000
Price Change
▼ $15,000 1788577149
Status
ACTIVE
MLS#
2809319
Bedrooms
3
Bathrooms
2
Living Area
1,257
Lot Size
9,776

Property Description

INVEЅTOR OR ЅΕCOΝD‐ΗOΜΕ OPPORTUNIΤY — RΑRE 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.

Additional Information

Subdivision
Flamingo Palms Villas
Zip
89103
Elementary School 3-5
Thiriot, Joseph E., Thiriot, Joseph E.
Middle School
Sawyer Grant
High School
Clark Ed. W.
Fireplace
Gas, Glass Doors, Living Room
Number of Fireplaces
1
House Face
East
View
Strip View
Living Area
1,257
Lot Features
Desert Landscaping, Landscaped, < 1/4 Acre
Flooring
Laminate
Lot Size
9,776
Acres
0.22
Property Condition
Resale
Interior Features
Window Treatments
Exterior Features
Balcony
Heating
Central, Electric
Cooling
Central Air, Electric
Fence
None
Year Built
1990
Bldg Desc
3 Stories
Parking
Open, Guest
Heating
Central, Electric
Cooling
Central Air, Electric
Gated Comm
Yes
Pool Features
Community
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Utilities
Underground Utilities
Sewer
Public Sewer
Association Phone
702-433-0149
Association Fee
Yes
HOA Fee
$566
HOA Frequency
Monthly
HOA Fee Includes
Association Management
Association Name
LV Cay Club
Gate Guarded
Yes
Community Features
Fitness Center, Gated, Pool, Guard, Spa/Hot Tub, Security
Annual Taxes
$1,044

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Calculator source: Real Geeks

Courtesy of Christopher R. Palou with Sphere Real Estate.

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