4381 W Flamingo Road Unit 58306, Las Vegas, NV 89103

Property Description

Rare opportunity to own a fully renovated top-floor penthouse at Palms Place with panoramic Las Vegas Strip views and a private balcony Jacuzzi. This stunning 2,054 SF residence features 2 bedrooms plus den, 2.5 baths, floor-to-ceiling windows, expansive living and entertaining spaces, and more than $200,000 in renovations, furnishings and upgrades. Offered fully furnished and turnkey.An exceptional combination of luxury lifestyle and income potential. The property has a proven rental history, generating $276,582 in gross rental revenue with approximately $191,012 NOI and 85.2% occupancy in 2024. In 2025, the property was transitioned to a long-term tenant for ease of ownership at $18,333/month ($219,996 annualized rent). Palms Place offers resort-style amenities including pool, spa, fitness center, valet and concierge services, conveniently located just minutes from the Las Vegas Strip. Ideal as a luxury residence, second home, or income-producing investment. Offered at $2,399,999. Financials and additional property information available upon request.