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.
Active
$2,499,999
4381 W Flamingo Rd #5806, Las Vegas, NV 89103
3beds
2,038sqft
Est.:
Condominium
Built in 2006
-- sqft lot
$-- Zestimate®
$1,227/sqft
$2,800/mo HOA
What's special
Private outdoor jacuzziFull kitchenComplete renovationStrip views
- 78 days |
- 909 |
- 43 |
Zillow last checked: 8 hours ago
Listing updated: October 20, 2025 at 05:01pm
Listed by:
Jennifer Harley S.0189539 JHarley211@yahoo.com,
Realty ONE Group, Inc
Source: LVR,MLS#: 2728938
Originating MLS: Greater Las Vegas Association of Realtors Inc
Originating MLS: Greater Las Vegas Association of Realtors IncTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Description: Custom Closet,Sitting Room,Walk-In Closet(s)
- Dimensions: 16x15
Bedroom 2
- Description: Closet
- Dimensions: 16x15
Primary bathroom
- Description: Double Sink,Separate Shower,Separate Tub,Steam Shower
Dining room
- Description: Dining Area
- Dimensions: 15x15
Great room
- Description: Media Center,Surround Sound
- Dimensions: 27x20
Kitchen
- Description: Breakfast Bar/Counter,Island,Lighting Recessed
Heating
- Central, Electric
Cooling
- Electric
Appliances
- Included: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Laundry Room
Features
- Window Treatments, Programmable Thermostat
- Windows: Drapes, Low-Emissivity Windows
- Has fireplace: Yes
- Fireplace features: Bedroom, Gas, Great Room
- Furnished: Yes
Interior area
- Total structure area: 2,038
- Total interior livable area: 2,038 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned, Uncovered, Valet, Guest
- Has uncovered spaces: Yes
Features
- Patio & porch: Terrace
- Has private pool: Yes
- Pool features: Negative Edge, Association, Community
- Has view: Yes
- View description: City, Mountain(s), Strip View
Details
- Parcel number: 16219511597
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
Condition
- Resale
- Year built: 2006
Utilities & green energy
- Utilities for property: Electricity Available
Green energy
- Energy efficient items: Windows
Community & HOA
Community
- Features: Pool
- Security: 24 Hour Security
- Subdivision: Palms Place A Resort Condo & Spa At The Palms Lv
HOA
- Has HOA: Yes
- Amenities included: Business Center, Fitness Center, Pool, Spa/Hot Tub, Security, Concierge
- HOA fee: $2,800 monthly
- HOA name: Palms
- HOA phone: 702-362-6262
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $1,227/sqft
- Tax assessed value: $1,335,634
- Annual tax amount: $13,312
- Date on market: 10/20/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Listed for sale | $2,499,999+22.4%$1,227/sqft |
Source:  LVR #2728938 Report a problem | ||
| 4/22/2025 | Sold | $2,042,000-8.3%$1,002/sqft |
Source: Public Record Report a problem | ||
| 8/28/2008 | Sold | $2,227,800$1,093/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,312 +11.6% | $467,472 +3.6% |
| 2024 | $11,925 +8.2% | $451,384 +9.5% |
| 2023 | $11,024 +7.8% | $412,156 +11.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$14,390/mo
Principal & interest
$9694
HOA Fees
$2800
Other costs
$1896
Climate risks
Neighborhood: Paradise
Nearby schools
GreatSchools rating
- 4/10Joseph E Thiriot Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 6/10Grant Sawyer Middle SchoolGrades: 6-8Distance: 2.8 mi
- 6/10Ed W Clark High SchoolGrades: 9-12Distance: 1.5 mi
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.
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