$2,250,000
SOLD JUN 23, 2025

4381 W Flamingo Rd Unit 57306 Las Vegas, NV 89103

West of the Strip Neighborhood
2 Beds
2.5 Baths
2,038 Sq Ft
$2,741/mo HOA Fee

Recently Sold

$1,104 Per Sq Ft

3% Below List Price

66 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Penthouse
  • Ed W Clark High School Rated A-
  • 24-Hour Security
  • Spa

About This Home

As of June 2025

Soaring 500 feet above the Strip, this stunning 2,038 SF Palms Place Penthouse on the 57th floor offers exceptional short-term rental income. This fully renovated, designer-furnished residence sleeps up to 12 guests and is sold fully furnished and turnkey. Step onto your balcony with a private luxury infinity-edge jacuzzi hot tub and take in panoramic Strip views. Inside, enjoy floor-to-ceiling windows, sleek porcelain tile flooring, modern furnishings, and electric shades throughout. The kitchen includes stainless steel appliances and an oversized island with seating for 8. The primary suite features movable walls, spa bath with tub, dual shower heads and bidet. A flexible den doubles as extra sleeping space or a home theater. The junior suite showcases a freestanding tub with breathtaking strip views. A full-service condo hotel with restaurants, room service, spa, gym and a stylish lobby bar. Whether you're seeking a high-yield investment or a luxury retreat, this penthouse has both.

Last Agent to Sell the Property

Nicole Tomlinson

IS Luxury License #BS.0067095 Listed on: 04/18/2025

Last Buyer's Agent

Kamran Zand

Luxury Estates International License #B.1001321

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,689

Year Built

  • Built in 2006

HOA Fees

Parking

  • Guest Parking

Property Views

  • Las Vegas Strip
  • City
  • Mountain

Home Design

  • Penthouse
  • Entry on the 57th floor

Interior Spaces

  • 2,038 Sq Ft Home
  • Furnished
  • Double Sided Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Great Room
  • Closed Circuit Camera

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Bedroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Terrace

Schools

  • Thiriot Elementary School
  • Sawyer Grant Middle School
  • Clark Ed. W. High School

Utilities

  • Cooling Available
  • Heating Available
  • Programmable Thermostat
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Property is in good condition

Community Details

Overview

  • Association fees include management, insurance, recreation facilities, sewer, water
  • Palms Place Association, Phone Number (702) 247-9946
  • High-Rise Condominium
  • Palms Place A Resort Condo & Spa At The Palms Lv Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Concierge
  • Valet Parking
  • Business Center
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,689

Year Built

Built in 2006

Lot Details

0

HOA Fees

$2,741 per month

Listing Details

  • Prop. Type: Residential
  • Subdivision Name: Palms Place A Resort Condo & Spa At The Palms Lv
  • Directions: FROM I-15 AND FLAMINGO PROCEED WEST PAST PALSM HOTLE TO PALMS PLACE. VALET OR SELF PARK
  • Architectural Style: High Rise, Penthouse
  • Building Name: PALMS PLACE
  • Entry Level: 57
  • Efficiency: Windows
  • Structure Type: High Rise
  • Year Built Details: RESALE
  • Year Built: 2006
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Furnished: Furnished
  • Spa Features: Outdoor Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Bedroom, Gas, Great Room, Multi-Sided
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Interior Amenities: Window Treatments, Programmable Thermostat
  • Living Area: 2038.0
  • Window Features: Drapes, Low-Emissivity Windows

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • View: City, Mountain(s), Strip View
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Home Warranty: No
  • Patio And Porch Features: Terrace
  • Property Condition: Good Condition, Resale

Garage/Parking

  • Parking Features: Valet, Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Security: Closed Circuit Camera(s), Floor Access Control, 24 Hour Security
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Gated, Pool, Guard, Spa/Hot Tub, Security, Concierge, Elevator(s)
  • Association #2 Fee: 73.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 2735.0
  • Association Fee Frequency: Monthly
  • Association Name: Palms Place
  • Phone: 702-247-9946
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Recreation Facilities, Sewer, Water

Schools

  • Elementary School: Thiriot, Joseph E.,Thiriot, Joseph E.
  • High School: Clark Ed. W.
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Additional Parcels Description: ---

Tax Info

  • Tax Annual Amount: 12689.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
Jun 18, 2025
Sold by
Tph Experience Llc
Bought by
Penthouse 5706 Llc
Seller's Agent
Nicole Tomlinson
IS Luxury
Buyer's Agent
Kamran Zand
Luxury Estates International
List Price
$2,330,000
Sold Price
$2,250,000
Premium/Discount to List
-$80,000
-3.43%
Views
35
Current Estimated Value
$1,837,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$412,001
Avg. Annual Appreciation
-55.47%

Purchase Details

Listed on
Aug 18, 2013
Closed on
Oct 23, 2013
Sold by
Sellers Robert
Bought by
Tph Experience Llc
Seller's Agent
Ellie Shefler
Luxury Estates International
Buyer's Agent
Ksenia Kiseleva
Realty Boutique LLC
List Price
$1,275,000
Sold Price
$1,125,000
Premium/Discount to List
-$150,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$0
Interest Rate
4.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2012
Sold by
Hooks Kevin C
Bought by
Seelers Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Interest Rate
3.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 28, 2008
Sold by
Palms Place Llc
Bought by
Hooks Kevin C and The Kevin C Hooks Irrevocable Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $2,250,000 Chicago Title
Bargain Sale Deed $1,125,000 Nevada Title Las Vegas
Bargain Sale Deed $1,100,000 None Available
Bargain Sale Deed $2,190,200 Stewart Title Las Vegas Warm
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $11,000,000 Unknown
Closed $0 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $2,250,000 -3.4% $1,104 / Sq Ft
04/18/2025 04/18/25 For Sale $2,330,000 +107.1% $1,143 / Sq Ft
10/24/2013 10/24/13 Sold $1,125,000 -11.8% $552 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
08/18/2013 08/18/13 For Sale $1,275,000 -- $626 / Sq Ft
Source: Las Vegas REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,689 $436,400 $252,029 $184,370
2024 $11,343 $436,400 $252,029 $184,370
2023 $11,114 $425,134 $259,215 $165,919
2022 $10,293 $385,906 $235,676 $150,230
2021 $9,471 $343,713 $195,541 $148,172
2020 $9,351 $344,691 $195,541 $149,150
2019 $8,764 $338,335 $195,541 $142,794
2018 $8,362 $285,128 $143,156 $141,972
2017 $8,435 $287,621 $143,156 $144,465
2016 $9,431 $320,850 $182,000 $138,850
2015 $9,416 $324,693 $182,000 $142,693
2014 $9,171 $334,013 $182,000 $152,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2673353

Las Vegas REALTORS®

APN: 162-19-511-592