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About this home
This eхquiѕitе οne-bedrοοm sanctuary on thе 12th flοοr οf Pаlms Place offers a turnkey passive income opportunity with a proven track record of consistent guest bookings through an active Airbnb and VRBO rental pool. Fully furnished and ready to generate revenue, this remarkable condo doubles as the ultimate urban retreat, featuring two delightful balconies that showcase glorious sunrise and sunset vistas alongside the best views in Las Vegas. Residents and guests will immerse themselves in the epitome of elegance, comfort, and luxury, with access to an array of premier on-site amenities. The property includes a resort-style pool, a state-of-the-art workout center, convenient room service, and on-site fine dining. The hassle-free HOA also covers essential utilities like water, sewer, and trash, alongside premium perks such as valet parking and 24/7 security. Adding to its massive appeal, the neighboring Palms Hotel & Casino offers a movie theater, world-class dining, and endless entertainment. Located just minutes from the airport, Allegiant Stadium for Raiders games, and T-Mobile Arena for Vegas Golden Knights games, this location is highly coveted by tourists and sports fans alike. This magnificent property is a true money maker, so act swiftly to secure your piece of the vibrant Las Vegas market.
CondoProperty Type
2006Year Built
$381Price/Sq.Ft.
$1,095/moHOA Dues
1 spaceParking
Listed by Randy Myers• Keller Williams MarketPlace
Southeast Las Vegas, located between McCarran International Airport and Henderson, is a residential and commercial Las Vegas neighborhood with master-planned pockets and desert-edge trails. The area’s energy concentrates around the Eastern Avenue and Sunset Road corridor, where strip-mall eateries, specialty grocers, and late-night cafés keep the sidewalks active. The Silverton Casino Lodge’s aquarium and rustic lodge styling adds a distinct landmark presence. At Town Square Las Vegas, open-air promenades frame dining patios and storefronts in a polished, walkable layout. Sunset Park’s lakes and palms set a calmer counterpoint to the arterials. Housing ranges from mid-century ranch homes to newer stucco subdivisions, with wide streets and mountain views shaping the daily backdrop.
Provided by Walk Score and Local Logic
Offer insights
4381 W Flamingo Rd #1221 · $465,000
$465K and above
75% chance or better to win
Why $465K+ is a strong offer
DAYS ON MARKET
1 days
The average home goes pending in 79 days.
SALE-TO-LIST
96.9%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Living
Dining
Interior features
Insulated windows
Tinted windows
Furnished
Electric fireplace in living room
Island in the kitchen
Closet
Bedrooms
2 possible bedrooms
Bathrooms
1 full bathroom
1 half bathroom
Separate shower and separate tub with tub jets
Kitchen
Built-in gas oven
Electric cooktop
Dishwasher
Disposal
Microwave
Refrigerator
Kitchen island
Laundry & utility
Electric dryer hookup
Laundry closet
Dryer included
Heating & cooling
Central electric heating
Electric cooling (one unit)
Exterior features
Terrace
Has a view
Home design
Located on entry level 1
Resale unit
Building: PALMS PLACE
Parking
Assigned covered indoor parking
Valet available
Guest parking
Total 1 parking space
Security
Closed circuit cameras
24-hour security
Security guard
Construction
Resale construction
Utilities
Cable available
HOA & community
Has homeowners association (Terra West)
Monthly association fee of $1,095
Association covers internet, recreation facilities, sewer, security, utilities and water
Association amenities include business center, fitness center, guest suites, and pool
Financial info
Pets allowed (number limit)
Annual tax amount $4,628
Electricity and solar
View estimated energy costs and solar savings for this home
Introducing an exquisite one-bedroom sanctuary perched on the 12th floor of Palms Place in vibrant Las Vegas. Revel in the ultimate urban retreat featuring not just one, but two delightful balconies. Bask in the glorious sunrise and sunset vistas that unfold before your eyes. Immerse yourself in the epitome of elegance and comfort, as this residence invites you to indulge in a lifestyle of luxury. Experience the allure of Palms Place and all it has to offer from this remarkable abode. Act swiftly to make this extraordinary property your very own. Several on site amenities such as pool, work out center, room service, on site fine dining and so much more. All furnishings included with the purchase of this magnificent condo!
GLVAR #2506532
Mar 5, 2024
Listing Removed
—
Feb 27, 2024
Price Changed
$499,999
$410/sq ft
Sep 13, 2023
Price Changed
$510,000
$418/sq ft
Jun 27, 2023
Listed
$520,000
$426/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,628 (+4.4%)
$54,194 + $103,954
$158,148
2024
$4,433 (+18.4%)
$53,340 + $104,456
$157,796
2023
$3,743 (+8.3%)
$53,340 + $102,830
$156,170
2022
$3,457 (+8.3%)
$53,340 + $93,884
$147,224
2021
$3,192 (−2.3%)
$44,800 + $84,793
$129,593
2020
$3,266 (+6.7%)
$40,530 + $83,852
$124,382
2019
$3,061 (+4.8%)
$40,530 + $84,461
$124,991
2018
$2,921 (−11.7%)
$40,530 + $80,747
$121,277
2017
$3,306 (+21.2%)
$30,940 + $80,378
$111,318
2016
$2,728 (+3.2%)
$28,000 + $82,014
$110,014
2015
$2,643
$26,250 + $78,666
$104,916
2014
$2,643 (−52.8%)
$21,875 + $77,028
$98,903
2013
$5,600 (+127.4%)
$21,875 + $77,028
$98,903
2012
$2,463 (−15.4%)
$21,875 + $68,530
$90,405
2011
$2,911 (−40.0%)
$21,875 + $62,054
$83,929
2010
$4,851 (−17.8%)
$28,525 + $70,684
$99,209
2009
$5,898
$66,938 + $125,053
$191,991
Public record
Public record
Zoning
Beds
1
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2006
Finished Sq. Ft.
1,220
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,220
Year built
2006
Style
Condo/Co-op
County
Clark County
APN
16219511084
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
CR
A-O
Commercial Resort
The CR district is established to accommodate the development of gaming enterprises, tourist and commercial activity, and mixed-use development, and to prevent uses incompatible with gaming enterprises and resort development.
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
6 days above 106° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Las Vegas, NV • 89103
Average low and high temperatures (°F)
58
39
67
47
75
55
78
57
88
66
100
76
101
79
102
81
94
72
83
61
66
48
62
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home ranks in the top 27% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.2 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4381 W Flamingo Rd #1221
There isn’t enough information to generate an accurate estimate at this time. Learn More
More resources
Rental earnings
Est. $2,212 per month, based on comparable rentals
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