4381 W Flamingo Rd Unit 5806 Las Vegas, NV 89103
West of the Strip NeighborhoodEstimated payment $17,085/month
Highlights
- Concierge
- Fitness Center
- Infinity Pool
- Ed W Clark High School Rated A-
- 24-Hour Security
- View of Las Vegas Strip
About This Home
TOP FLOOR Penthouse at Palms, perched in the sky on the 58th with a private outdoor jacuzzi and strip views. High cash-flowing rental investment property. Rent out short-term to produce a high ROI or live in, this penthouse is made for luxury living. Recently undergone a complete renovation head-to-toe, includes 3 bedrooms and 2.5 baths, full kitchen, two primary suites with bathrooms, and comes fully furnished. Access to Palms' amenities. These rarely ever go on the market, and a rare opportunity to own a short-term rental that is legal in Vegas. Also, comes with significant tax depreciation benefits.
Listing Agent
Realty ONE Group, Inc Brokerage Email: JHarley211@yahoo.com License #S.0189539 Listed on: 10/20/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,312
Year Built
- Built in 2006
HOA Fees
- $2,800 Monthly HOA Fees
Property Views
- Las Vegas Strip
- City
- Mountain
Home Design
- Entry on the 58th floor
Interior Spaces
- 2,038 Sq Ft Home
- Furnished
- Gas Fireplace
- Drapes & Rods
- Great Room
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Bedroom
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Guest Parking
- Uncovered Parking
- Assigned Parking
Eco-Friendly Details
- Energy-Efficient Windows with Low Emissivity
Outdoor Features
- Infinity Pool
- Terrace
Schools
- Thiriot Elementary School
- Sawyer Grant Middle School
- Clark Ed. W. High School
Utilities
- Cooling Available
- Central Heating
- Programmable Thermostat
Community Details
Overview
- Palms Association, Phone Number (702) 362-6262
- 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
Recreation
- Fitness Center
- Community Pool
- Community Spa
Security
- 24-Hour Security
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,312 | $479,898 | $295,527 | $184,370 |
| 2024 | $11,925 | $479,898 | $295,527 | $184,370 |
| 2023 | $9,431 | $451,384 | $285,465 | $165,919 |
| 2022 | $10,837 | $412,156 | $261,926 | $150,230 |
| 2021 | $9,979 | $368,213 | $220,041 | $148,172 |
| 2020 | $9,810 | $369,191 | $220,041 | $149,150 |
| 2019 | $9,194 | $362,835 | $220,041 | $142,794 |
| 2018 | $8,773 | $299,128 | $157,156 | $141,972 |
| 2017 | $8,846 | $301,621 | $157,156 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | For Sale | $2,499,999 | -- | $1,227 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $2,042,000 | Equity Title | |
| Bargain Sale Deed | $2,227,800 | Stewart Title Las Vegas Warm |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,670,850 | Purchase Money Mortgage |
Source: Las Vegas REALTORS®
MLS Number: 2728938
APN: 162-19-511-597
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