Discovеr a ѕmart аddіtion to уοur investment portfοlіο wіth thiѕ well-positioned condo in the heart of Las Vegas. Unit #1021 offers a functional layout with comfortable living space, designed for easy maintenance and long-term value. Well-located condo near the Las Vegas Strip, major employment centers, shopping & dining off Flamingo Road. Currently leased through February, providing immediate rental income with no vacancy gap. Low-maintenance living in a well-maintained community. This is a great addition to any income-producing portfolio.
CondoProperty Type
1997Year Built
5,776 sq ftLot Size
$203Price/Sq.Ft.
$250/moHOA Dues
1 spaceParking
Listed by Christal Allen-Harrahill• Realty of America LLC
Bella Vita, located between South Rainbow Boulevard and South Durango Drive, is a residential and resort-adjacent Spring Valley neighborhood with gated enclaves and palm-lined streets. The scene concentrates around the Rainbow Boulevard and West Flamingo Road crossroads, where late-night eateries, dessert counters, and low-key lounges set a neon-afterglow mood. Community touchstones include The Orleans Hotel & Casino, the Orleans Arena, and the Century Orleans 18 & XD for concerts, games, and big-screen nights. Housing leans toward stucco townhomes and condo communities with courtyards and pool decks. Daily rhythms orbit Flamingo’s retail strips and the wide, walkable edges of nearby parks. The landscape stays flat and open, with big-sky views toward the Spring Mountains at sunset.
Provided by Walk Score and Local Logic
Offer insights
5525 W Flamingo Rd #1021 · $230,000
$230K and above
75% chance or better to win
Why $230K+ is a strong offer
DAYS ON MARKET
3 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
Bedroom
Living
Dining
Interior features
Window treatments
Unfurnished
Bedroom on main level
Primary bedroom downstairs
Bedrooms
Two possible bedrooms
Bedroom (11 x 11) with ceiling fan, ceiling light and closet
Primary bedroom (18 x 11) with ceiling fan, ceiling light and walk-in closet
Bathrooms
Two full bathrooms
Kitchen
Breakfast nook/eating area
Granite countertops
Recessed lighting
Stainless steel appliances
Tile flooring
Gas cooktop
Gas range
Microwave
Dishwasher
Disposal
Refrigerator
Laundry & utility
Main level laundry room
Gas dryer hookup
Washer
Dryer
Flooring
Carpet
Tile
Heating & cooling
Central heating (gas)
Central air conditioning (electric)
Exterior features
Balcony
Sprinkler/irrigation
Desert landscaping with drip irrigation/bubblers
Landscaped
Community pool
Home design
Attached property
Two stories
Faces west
Parking
Assigned parking
Covered parking
Detached carport (1 space)
Open parking
Guest parking
Construction
Tile roof
Multi-family zoning
Utilities
Underground utilities
Public water
Public sewer
No photovoltaics
HOA & community
Homeowners association (Villas at Flamingo)
Monthly association fee of $250
HOA covers association management, grounds maintenance, trash and water
Community pool
Financial info
Current lease in place (monthly rent $1,445; lease expires 2027-02-28)
Other
Annual tax amount reported
Electricity and solar
View estimated energy costs and solar savings for this home
Check out this beautiful centrally located 2br, 2ba 1135sqft Spring Valley condo. Quite Community. Lots of upgrades.
GLVAR #2056030
Mar 18, 2019
Sold
$165,000
$145/sq ft
Feb 13, 2019
Contingent
—
Jan 31, 2019
Price Changed
$170,000
$150/sq ft
Dec 23, 2018
Listed
$175,000
$154/sq ft
+13
MUST SEE!!! MUST SEE!!! CENTRAL LOCATION 5 MIN TO THE STRIP. 1.135 SQF , 2 BEDROOM 2 BATH. DOWNSTAIRS. FURNITHED. COMPLETLEY REMODELED, FLOORING, PAINT, BATHROOMS. KITCHEN. FURNITURES, SOFAS , BEDROOM SETS, KITCHEN APPLIANCES, TVS AND MUCH MORE INCLUDED.
GLVAR #1529894
Oct 23, 2015
Sold
$88,500
$78/sq ft
Sep 26, 2015
Pending
—
Sep 16, 2015
Contingent
—
Apr 7, 2015
Listed
$95,000
$84/sq ft
GLVAR #1449324
Apr 1, 2015
Listing Removed
—
May 27, 2014
Listed
$98,995
$87/sq ft
GLVAR #903235
Apr 15, 2009
Listing Removed
—
Apr 15, 2009
Sold
$56,000
$49/sq ft
Jan 26, 2009
Listed
$54,500
$48/sq ft
Public Records
Sep 30, 2004
Sold
$6,720,000
$5,921/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$692 (+2.6%)
$18,900 + $34,918
$53,818
2024
$674 (+2.9%)
$19,600 + $35,142
$54,742
2023
$655 (+3.0%)
$19,600 + $36,528
$56,128
2022
$636 (+3.0%)
$23,800 + $32,492
$56,292
2021
$618 (+3.5%)
$16,800 + $30,053
$46,853
2020
$597 (+3.0%)
$16,800 + $29,211
$46,011
2019
$579 (+3.0%)
$16,800 + $29,196
$45,996
2018
$562 (−41.5%)
$14,350 + $29,013
$43,363
2017
$962 (+81.1%)
$7,700 + $28,326
$36,026
2016
$531 (+3.1%)
$5,600 + $26,202
$31,802
2015
$515
$4,900 + $24,867
$29,767
2014
$515 (+1.2%)
$3,850 + $19,804
$23,654
2013
$509 (+6.0%)
$3,850 + $19,804
$23,654
2012
$480 (−16.1%)
$4,900 + $14,201
$19,101
2011
$572 (+4.1%)
$4,900 + $11,453
$16,353
2010
$549 (−41.9%)
$5,250 + $14,232
$19,482
2009
$945
$5,250 + $13,424
$18,674
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1997
Finished Sq. Ft.
1,135
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,135
Year built
1997
Style
Condo/Co-op
County
Clark County
APN
16324114106
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
RM18
A-O
Residential Multi-Family 18
The RM18 district is established to accommodate a wide range of high-density, single- and multi-family residential development and is intended to serve as a transition between moderate-density residential neighborhoods and high-density residential, commercial, and mixed-use areas.