Presenting – One of THE BEST Residential High Rise Condo Bargains Near the Las Vegas Strip!
2455 W. Serene Avenue # 603 Las Vegas NV 89123
One Bedroom in 580+ sq. ft.
The Seller lives out of the country and is subject to FIRPTA regulations. To take advantage of one of the FIRPTA TAX EXCLUSIONS, he is looking for a cash buyer who will use the property as a primary or secondary home. Therefore, this property is not to be an investor purchase. Per the Tax Exclusion, it must be used as a secondary or primary home for 6+ months of the two years from close of escrow.
That said – this is a great value. HOA DUES are $392 per month and taxes for 2018 were below $800 PER YEAR. Boca Raton is GUARD GATED, has a variety of amenities and an on site concierge, a tremendous location, right near the under construction Raiders Stadium Site, and a few miles south of Mandalay Bay. Boca Raton is built with concrete and steel construction.
The buildings surround a lovely courtyard, and the grounds are just beautiful. All purchases at Boca Raton Condos must be all cash only. During the downturn, the developer rented all unsold inventory as apartments, and an entity just bought the rest of those unsold units in bulk. Because a majority of units are owned by one entity, all recent sales have been cash. Loans have been non existent at Boca Raton Vegas. That said – the rice is right! $165k for a beautiful finished one bedroom is a BARGAIN in Las Vegas real estate in 2019.
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