INVESTOR OR ЅΕCΟND-HΟMΕ 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.
Active
$430,000
4200 S Valley View Blvd Unit 3040, Las Vegas, NV 89103
3beds
1,257sqft
Condominium
Built in 1990
-- sqft lot
$-- Zestimate®
$342/sqft
$566/mo HOA
What's special
Two poolsFully furnishedFully renovated
- 19 days
- 152
- 4
Zillow last checked:
Listing updated:
Listed by:
Christopher R. Palou S.0185087 (702)677-2503,
Sphere Real Estate
Source: LVR,MLS#: 2809319
Originating MLS: Greater Las Vegas Association of Realtors Inc
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Description: Closet,Mirrored Door
- Dimensions: 13x11
Bedroom 2
- Description: Closet,Mirrored Door
- Dimensions: 12x11
Bedroom 3
- Description: Closet,Mirrored Door
- Dimensions: 11x11
Primary bathroom
- Description: Tub/Shower Combo
Dining room
- Description: Breakfast Nook/Eating Area
- Dimensions: 9x9
Kitchen
- Description: Breakfast Bar/Counter,Granite Countertops,Man Made Woodor Laminate Flooring
Living room
- Description: Entry Foyer,Formal,Front
- Dimensions: 18x16
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Laundry Room
Features
- Window Treatments
- Flooring: Laminate
- Windows: Window Treatments
- Number of fireplaces: 1
- Fireplace features: Gas, Glass Doors, Living Room
- Furnished: Yes
Interior area
- Total structure area: 1,257
- Total interior livable area: 1,257 sqft
Video & virtual tour
Property
Parking
- Parking features: Open, Guest
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: Community
- Fencing: None
- Has view: Yes
- View description: Strip View
Lot
- Size: 9,774 Square Feet
- Features: Desert Landscaping, Landscaped, < 1/4 Acre
Details
- Parcel number: 16220111180
- Zoning description: Multi-Family,Single Family
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Three Story
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Roof: Tile
Condition
- Resale
- Year built: 1990
Utilities & green energy
- Electric: Photovoltaics None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: Pool
- Subdivision: Flamingo Palms Villas
HOA
- Has HOA: Yes
- Amenities included: Fitness Center, Gated, Pool, Guard, Spa/Hot Tub, Security
- Services included: Association Management
- HOA fee: $566 monthly
- HOA name: LV Cay Club
- HOA phone: 702-433-0149
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $342/sqft
- Tax assessed value: $146,214
- Annual tax amount: $1,044
- Date on market: 8/15/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Listed for sale | $430,000-11.5%$342/sqft |
Source: | ||
| 4/3/2026 | Listing removed | $486,000$387/sqft |
Source: | ||
| 3/9/2026 | Price change | $486,000+3.6%$387/sqft |
Source: | ||
| 3/7/2026 | Price change | $469,000-6.2%$373/sqft |
Source: | ||
| 2/27/2026 | Listed for sale | $500,000+81.8%$398/sqft |
Source: | ||
| 10/14/2022 | Sold | $275,000-8%$219/sqft |
Source: | ||
| 9/7/2022 | Contingent | $298,888$238/sqft |
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| 8/28/2022 | Price change | $298,8880%$238/sqft |
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| 8/20/2022 | Price change | $299,000-14.3%$238/sqft |
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| 8/16/2022 | Price change | $349,000-0.3%$278/sqft |
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| 7/21/2022 | Listed for sale | $350,000$278/sqft |
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| 1/1/2022 | Listing removed | -- |
Source: | ||
| 9/16/2021 | Listed for sale | $350,000+366.7%$278/sqft |
Source: | ||
| 3/5/2015 | Sold | $75,000+12.8%$60/sqft |
Source: | ||
| 3/26/2014 | Sold | $66,500$53/sqft |
Source: Public Record Report a problem | ||
| 3/26/2010 | Sold | $66,500+16.7%$53/sqft |
Source: Public Record Report a problem | ||
| 1/15/2010 | Sold | $57,000-88.6%$45/sqft |
Source: Public Record Report a problem | ||
| 4/6/2006 | Sold | $502,022$399/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,047 +8% | $51,175 -1.8% |
| 2025 | $969 +7.9% | $52,100 +2% |
| 2024 | $898 +8% | $51,100 +11.8% |
| 2023 | $832 +8% | $45,691 +1.2% |
| 2022 | $770 +7.8% | $45,142 +11.2% |
| 2021 | $715 +6.8% | $40,591 -4% |
| 2020 | $669 +4.8% | $42,282 +38.8% |
| 2019 | $639 +6.9% | $30,452 |
| 2018 | $598 | $30,452 -0.8% |
| 2017 | $598 | $30,694 +3.3% |
| 2016 | $598 +3.6% | $29,721 +7.2% |
| 2015 | $577 | $27,720 +45.3% |
| 2014 | $577 | $19,073 |
| 2013 | -- | $19,073 -2% |
| 2012 | -- | $19,469 +0.3% |
| 2011 | -- | $19,411 -34.5% |
| 2010 | -- | $29,620 +53.8% |
| 2009 | -- | $19,258 |
| 2008 | -- | $19,258 -85.4% |
| 2007 | -- | $131,536 +138% |
| 2006 | -- | $55,262 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Paradise
Nearby schools
Schools provided by the listing agent
- Elementary: Thiriot, Joseph E.,Thiriot, Joseph E.
- Middle: Sawyer Grant
- High: Clark Ed. W.
Source: LVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







