Aerial view of palm-lined Las Vegas Valley homes and pools, with red-rock cliffs and the Strip skyline in the distance
Las Vegas, Nevada

Park Avenue Condos Homes For Sale

Nevada's #1 team for Park Avenue Condos real estate. Search gated garden-style condominiums in ZIP 89109 — affordable Strip-corridor entry, strong rental fundamentals, and lock-and-leave convenience minutes from the Las Vegas Convention Center.

Browse Homes

Where Can I Find Park Avenue Condos Units for Sale?

Park Avenue Condos units in ZIP 89109 are tracked daily by NREG’s MLS analysis MLS data, with the community median near $375,000. The eight newest area listings appear below, refreshed daily, and every active listing is searchable in our live Las Vegas MLS portal.

  • AREA MEDIAN LIST (ZIP 89109)

    $250K

    NREG analysis of Las Vegas REALTORS MLS data, June 2026

  • COMMUNITY PRICE RANGE

    $150K–$400K

    Community plan record

  • TOTAL UNITS

    ~700

    Community plan record

  • DAYS ON MARKET (ZIP-AREA)

    60

    NREG analysis of Las Vegas REALTORS MLS data via Repliers, as of October 30, 2026

Chris Nevada, Founder of Nevada Real Estate Group

Written by

Chris Nevada

Founder, Nevada Real Estate Group · Nevada License S.181401

16+ years in Nevada real estate

Page updated September 26, 2026

Property research

Verify for your address

Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.

Last updated

September 26, 2026

Individual data periods may differ from the page update date.

KEY TAKEAWAYS

What Should You Know About Park Avenue Condos at a Glance?

Park Avenue Condos is a gated low-rise community in ZIP 89109 — roughly 700 units at $150K–$400K, five minutes from the Strip. Per NREG’s MLS analysis MLS data the area median is $375,000; Las Vegas city demographics per the U.S. Census. The takeaways below cover what makes this corridor stand out for investors and owner-occupants.

  • Affordable Strip-corridor entry: units from $150,000 in ZIP 89109 — roughly five minutes from the Strip via Las Vegas Boulevard, ten from the Las Vegas Convention Center.
  • Investor-friendly fundamentals: strong rental demand from convention workers, UNLV students, and resort employees; long-term leases run $1,200–$1,800/mo for a one-bedroom.
  • Manageable carrying costs: HOA dues of $200–$450/mo plus Nevada's zero state income tax and ~0.5–0.7% property-tax rate with a 3% annual cap.
  • Do your homework: confirm HOA rental policy, reserve-fund health, and FHA/conventional building approval before you write an offer.
  • Lock-and-leave lifestyle: gated entry, pool, fitness, secured parking — residential amenities without the yard.

Last updated October 2026 · Sources: NREG’s MLS analysis, U.S. Census, City of Las Vegas

PRICE DISTRIBUTION

How Many Park Avenue Condos Units Sell in Each Price Range?

Park Avenue Condos units in ZIP 89109 span $150,000 to $400,000 per NREG’s MLS analysis MLS data, with the bulk of transactions concentrating between $150,000 and $300,000. The counts below show where competition concentrates across the ZIP 89109 condo corridor.

Under $200K

0

active listings

Browse Under $200K →

$200K–$300K

0

active listings

Browse $200K–$300K →

$300K–$400K

0

active listings

Browse $300K–$400K →

$400K+

0

active listings

Browse $400K+ →
Browse Park Avenue Condos Listings

How Can You Find a Park Avenue Condos Unit by Type, Lifestyle & Price?

Park Avenue Condos units in ZIP 89109 break down by floor level, view orientation, and price band — each link below opens our live Las Vegas MLS search, updated daily from NREG’s MLS analysis MLS data. Entry starts at $150,000; upgraded upper-floor view units in the gated community run to $400,000.

343 active listings across ZIP 89109 as of October 30, 2026 · MLS data

STAY AHEAD OF THE MARKET

How Can You Get New Park Avenue Condos Listings First?

Custom alerts by price, beds, floor, and view orientation — no spam, unsubscribe anytime. With roughly 700 units and consistent investor-driven turnover, new listings appear regularly in the ZIP 89109 corridor; alert subscribers see them within hours of hitting the MLS.

  • Custom criteria — neighborhood, price, beds, baths, features
  • Instant alerts — emailed within minutes of a new MLS listing
  • 1,200+ buyers used NREG alerts last year

Create your alert

School planning

Which Schools Serve a Las Vegas Address?

Ask the district for the address-specific school assignment for the enrollment year, since boundaries change, and confirm it before you buy. Proximity to a school does not guarantee admission; charter, magnet and private schools set their own rules. Check CCSD school zoning · Nevada Report Card

CRIME DATA

How Can You Check Reported Crime Near a Home?

Ask the law-enforcement agency that serves the address for its current reports, and compare places only across the same reporting period, boundary and offense definitions. Missing records do not mean zero crime, the FBI cautions against ranking communities on crime totals alone, and a citywide figure does not describe a particular street.

FBI crime data resources · FBI guidance on comparing communities

Living In

What's It Like Living in Park Avenue Condos, Las Vegas?


The Answer

Living in Park Avenue Condos means gated garden-condo convenience five minutes from the Strip — pool, fitness, secured parking, and mature low-rise landscaping in ZIP 89109. County services per Clark County, with the Las Vegas Convention Center walkable and UNLV minutes east.

What is Park Avenue Condos known for?

Park Avenue Condos is known for its gated low-rise setting, affordable Strip-corridor pricing from $150,000, strong rental fundamentals, and a lock-and-leave lifestyle that suits investors, first-time buyers, and pied-à-terre buyers alike.

Who should live in Park Avenue Condos?

First-time buyers entering the Las Vegas condo market, investors seeking strong rental demand from convention and resort workers, remote workers wanting a low-maintenance urban base, and UNLV-affiliated buyers priced out of closer rentals.

What is daily life like?

Morning workouts in the on-site fitness center, poolside afternoons, and Strip dining and entertainment five minutes away — with the Las Vegas Convention Center corridor and UNLV campus both within ten minutes on regular days.

Location

Where Is Park Avenue Condos

Park Avenue Condos sits in ZIP 89109 just east of the Strip, near the Las Vegas Convention Center and UNLV campus. The two-acre gated community is positioned along the Convention Center corridor, roughly five minutes from the Strip via Las Vegas Boulevard.

Las Vegas Strip
5
Min
Las Vegas Convention Center
5
Min
UNLV campus
5
Min
Downtown Las Vegas
10
Min
Harry Reid Airport
15
Min

Park Avenue Condos

At a Glance
$375,000
Area Median List Price (ZIP 89109)
$150K–$400K
Community Price Range
~700
Total Units
60
Days on Market (ZIP-area)

Median, active-listing and days-on-market tiles: NREG analysis of Las Vegas REALTORS MLS data via Repliers, as of October 30, 2026.

Setting
Gated low-rise garden condominiums
Acreage
~2 acres
Units
~700
Established
2006
Developer
AmLand Development
Gate
Gated entry + secured parking
HOA
$200–$450/mo
Pool
Yes — community pool and spa
Fitness
On-site fitness center
Schools
CCSD central Las Vegas zone
Distance to Strip
~5 min
Distance to Airport
~15 min

Quick Answer

Is Park Avenue Condos a good place to live?

Yes — if affordable Strip-corridor access and a lock-and-leave lifestyle top your list. Park Avenue Condos pairs a gated entry, pool, fitness center, and secured parking with some of the most convenient urban positioning in Las Vegas: five minutes to the Strip, ten to the Convention Center, fifteen to the airport. Trade-offs are honest — school ratings are moderate, the surrounding corridor is busy, and rental policies require review — but for buyers who value access and cost-of-entry, few ZIP 89109 addresses compete.

Source: City of Las Vegas

Census Housing Data / Park Avenue Condos

What Does the Census Show About Housing in Park Avenue Condos?

According to the U.S. Census Bureau, the tiles below compare housing and population figures for Park Avenue Condos and its surrounding area with the wider county. Each tile's label names the area it covers.

These are housing and population counts only. We don't describe who lives in a neighborhood or suggest which buyers it suits. Compare homes by their features, location, HOA terms and total cost, and use the Census source for the full tables.

Population (community)
~360
vs ZIP 89109 6,504
Owner-Occupied
45%
vs Clark Co 58%
Units
~700
vs Clark Co ~860,000
Entry Condo Price
$150K
vs Clark Co median value $431K

Source: NREG community plan records & U.S. Census Bureau ACS 2020–2024 5-year estimates for ZIP 89109 (Park Avenue Condos is not separately tabulated) · Updated

POPULATION & GROWTH

How Fast Is the Park Avenue Condos Area Growing?

Park Avenue Condos itself is a built-out 2006 community — growth happens through unit turnover rather than new rooftops. ZIP 89109 counted 7,770 residents in the 2010 Census and 7,728 in 2020, while the Convention Center and UNLV corridors remain among the most active demand generators in the valley.

6,504ZIP 89109 residents (ACS 2020–24)
~700Park Avenue Condos units (built out)
−0.5%ZIP 89109 growth, 2010–2020 (Census)

ZIP 89109 population, 2010–2024 (Census counts and ACS)

Inside the community, growth is capped at roughly 700 units — the permanent count since 2006 buildout. Turnover runs steadily given the 45% owner-occupancy rate and active investor base, and the surrounding ZIP 89109 corridor's proximity to the Strip, Convention Center, and UNLV creates durable demand that supports values even as broader Las Vegas inventory fluctuates.

2010
7,770
2020
7,728
2020–24 ACS
6,504

Sources: U.S. Census Bureau and City of Las Vegas. ZIP 89109 figures shown because the Census does not tabulate the community separately. ZIP 89109: 2010 and 2020 are decennial Census counts; the last bar is the ACS 2020–2024 5-year estimate. Last updated September 2026.

REPORTED MARKET SERIES

How Is the Park Avenue Condos Area Real Estate Market Trending?

The charts below show Las Vegas citywide sold medians, market time, and monthly closings from NREG’s analysis of Las Vegas REALTORS MLS data — the liquid benchmark ZIP 89109 condos trade against. The cards report ZIP-area benchmarks: $250,000 area median, 45 median days on market.

Median List Price

$250,000 ZIP 89109 area median, June 2026

Source: NREG analysis of Las Vegas REALTORS MLS data via Repliers

Days on Market

45 median days across the ZIP area; investor-held units with firm pricing take longer

Source: NREG analysis of Las Vegas REALTORS MLS data via Repliers

Closed Sales

Steady condo turnover in ZIP 89109 driven by investor and first-time buyer activity

Source: NREG analysis of Las Vegas REALTORS MLS data via Repliers

The long view: the median sold price in Las Vegas rose 144% between 2014 ($179,525) and 2026 ($438,283), across 193,532 recorded closings — Las Vegas REALTORS MLS records via Repliers.

60
ZIP-AREA DAYS ON MARKET · OCT 30, 2026
$375K
AREA MEDIAN LIST · OCT 30, 2026
~700
UNITS IN COMMUNITY
5 MIN
TO THE STRIP

AFFORDABLE STRIP CORRIDOR

Get matched with a
Park Avenue Condos specialist.

Market Competitiveness

How Competitive Is the Park Avenue Condos Market Right Now?

The ZIP 89109 condo market is balanced rather than heated: 45 median days on market and steady inventory give buyers time to do building-level diligence without being rushed. Investor buyers move faster on units with strong rental history; first-time buyers benefit from the deliberate pace to review HOA documents and reserve-fund health before committing.

  • 45 daysZIP-area median DOM (sold, recent)
  • $150K–$400KCommunity price range
  • ~700Total community units
  • 5 minDrive to the Strip
Before You Buy

What Should You Compare Before Buying a Home in Park Avenue Condos?

Park Avenue Condos isn't one-size-fits-all — it's a 700-unit garden community spanning investors, first-time buyers, lock-and-leave buyers, and UNLV-affiliated residents. Four buyer profiles below match lifestyles to the community's strengths, followed by the honest pros and trade-offs our team walks every client through before they commit.

Which Buyer Types Fit Park Avenue Condos Best?

Investors & Landlords

  • Strong rental demand from Convention Center and resort workers
  • Entry from $150,000 with HOA dues from $200/mo
  • Long-term lease market runs $1,200–$1,800/mo for one-bedrooms
  • Confirm rental policy and reserve health before writing
Best for Investors & Landlords →

First-Time Buyers

  • Lowest gated-condo entry price near the Strip in Las Vegas
  • FHA and conventional financing typically available (confirm building approval)
  • Lock-and-leave lifestyle with pool, fitness, and secured parking
  • Our team walks you through HOA documents before you commit
Best for First-Time Buyers →

Lock-and-Leave & Pied-à-Terre

  • Gated entry and secured parking for unattended periods
  • Five minutes to the Strip for entertainment and dining
  • Fifteen minutes to Harry Reid Airport for frequent travelers
  • No exterior maintenance — HOA handles grounds and common areas
Best for Lock-and-Leave & Pied-à-Terre →

UNLV & Convention Professionals

  • Five-minute drive or walk to the UNLV campus
  • Convention Center within walking distance or a two-minute drive
  • Affordable Strip-corridor ownership vs. paying rent indefinitely
  • Our team tracks new listings in ZIP 89109 in real time
Best for UNLV & Convention Professionals →

California Relocators

  • Strip-corridor ownership from $150,000 versus $800K+ in comparable LA corridors
  • Zero state income tax, 3% property-tax cap — built-in savings
  • One-hour flight or four-hour drive from Southern California
  • Our relocation team handles the entire process remotely
Best for California Relocators →

Part-Time Las Vegas Residents

  • Gated community with secured parking for unattended months
  • Pool and fitness amenities without a full resort HOA
  • Strip access for entertainment-driven visits
  • HOA covers exterior maintenance during your absence
Best for Part-Time Las Vegas Residents →

Best Fit For

  • Investors and landlords — entry pricing from $150,000 and strong demand from Convention Center, UNLV, and Strip resort workers — the ZIP 89109 rental market is one of the metro's most active.
  • First-time buyers — the lowest gated-condo entry near the Strip in Las Vegas, with FHA and conventional financing typically available.
  • Lock-and-leave buyers — gated entry, secured parking, pool, and fitness — no yard, no exterior maintenance, fifteen minutes to the airport.
  • California relocators — Strip-corridor condo ownership at a fraction of comparable LA pricing, with Nevada's zero income tax and 3% property-tax cap.
  • UNLV and convention professionals — walkable or a five-minute drive from campus and the Convention Center, with Strip dining and entertainment on-demand.
  • Buyers who value affordability and access — no other gated community in Las Vegas combines Strip proximity, pool amenities, and a $150,000 entry price.

Ready to explore units in Park Avenue Condos? Our team knows the building, the HOA structure, and every rental-policy nuance in ZIP 89109.

Start Your Home Search

Pros

  • Most affordable gated condo community within five minutes of the Las Vegas Strip
  • Strong, diversified rental demand from the Convention Center, UNLV, and resort corridor
  • Nevada zero state income tax and 3% property-tax annual cap under NRS 361.4723
  • HOA dues of $200–$450/mo — well below full-service Strip high-rises
  • Fifteen minutes to Harry Reid International Airport — ideal for frequent travelers
  • Lock-and-leave lifestyle with gated entry, secured parking, pool, and fitness on-site
  • FHA and conventional financing typically available (subject to building approval)

Honest Considerations

  • HOA rental policy must be confirmed — minimum lease terms restrict short-term rental income
  • Reserve-fund health varies — review the reserve study in the resale package before committing
  • Low-rise garden setting means no elevator access to upper floors — a consideration for buyers with mobility needs
  • Extreme summer heat — 105°F+ stretches July through September, like the rest of the valley

Unit Type Comparison

How Do Park Avenue Condos Unit Types Compare?

A like-for-like comparison of Park Avenue Condos unit categories — price range, lifestyle fit, and who each suits — drawn from the community plan record and active-listing data via NREG’s MLS analysis. With roughly 700 units across low-rise buildings, variation comes from floor level, view, and finish rather than distinct named enclaves.

Park Avenue Condos unit type comparison · June 2026 · price ranges per the community plan record
SubmarketMedian Price$ / Sq FtDays on MarketActive ListingsBest For
Entry-Level Garden Units$150K–$200Kn/a*n/a*n/a*First-time buyers · Investors
Mid-Range Owner-Occupant Units$200K–$300Kn/a*n/a*n/a*Owner-occupants · Part-time residents
Upper-Floor View Units$280K–$400Kn/a*n/a*n/a*View premium · Lock-and-leave
Investor / Rental-Configured Units$150K–$260Kn/a*n/a*n/a*Landlords · Yield buyers

Source: NREG’s MLS analysis MLS data plus the NREG community plan record, June 2026. Per-unit $/SF and DOM figures reflect ZIP 89109 corridor benchmarks rather than unit-level claims; community-level samples in any single month are too small to be statistically meaningful.

Unit Type Deep Dive

What's Inside Park Avenue Condos' Unit Categories?

Submarket 1

Entry-Level Garden Units

The community's most accessible price point — one-bedroom garden-level units appealing to first-time buyers and investor-landlords seeking the lowest carrying cost in a gated Strip-corridor property.

Browse Entry-Level Garden Units homes →
$150K–$200KMedian Price
n/a*Days on Market
n/a*Active Listings
n/a*Price / Sq Ft

Submarket 2

Mid-Range Owner-Occupant Units

Two-bedroom and upgraded one-bedroom units where owner-occupants concentrate — larger floor plans, better finishes, and the gated-community lifestyle at a price that competes with renting.

Browse Mid-Range Owner-Occupant Units homes →
$200K–$300KMedian Price
n/a*Days on Market
n/a*Active Listings
n/a*Price / Sq Ft

Submarket 3

Upper-Floor View Units

Upper-floor units with valley or mountain views carry a notable premium over comparable ground-floor units. Popular with part-time residents and lock-and-leave buyers who value the view orientation as much as the address.

Browse Upper-Floor View Units homes →
$280K–$400KMedian Price
n/a*Days on Market
n/a*Active Listings
n/a*Price / Sq Ft

Submarket 4

Investor / Rental-Configured Units

Units configured or leased for long-term rentals — primarily one-bedrooms and studios priced for the Convention Center and UNLV corridor demand. HOA rental policy and reserve health should be the first two diligence items.

Browse Investor / Rental-Configured Units homes →
$150K–$260KMedian Price
n/a*Days on Market
n/a*Active Listings
n/a*Price / Sq Ft

Submarket 5

Park Avenue Condos — The Community

A gated low-rise garden community in ZIP 89109 — roughly 700 units developed in 2006 by AmLand Development, with a pool and spa, fitness center, secured parking, and controlled-access entry. Five minutes to the Strip, ten to Downtown Las Vegas, fifteen to the airport.

Browse Park Avenue Condos — The Community homes →
~700Total Units
2006Year Built
$150KEntry From
5 minTo the Strip
#1
TEAM IN NEVADA
9,600+
HOMES SOLD SINCE 2011
9,097+
★★★★★ REVIEWS
< 1 hr
AVERAGE RESPONSE

STILL DECIDING?

Not sure which unit
type fits your plan?

BY ZIP CODE

How Does ZIP Code 89109 Break Down for Park Avenue Condos Buyers?

ZIP 89109 is one of Las Vegas's most distinctive postal codes — it spans the Convention Center corridor, east-of-Strip condo buildings, and the UNLV-adjacent residential market. The table below shows where Park Avenue Condos sits within that landscape, per NREG’s analysis of Las Vegas REALTORS MLS data.

Park Avenue Condos within ZIP 89109 context · June 2026 · ZIP-area figures labeled as such
ZIPPrimary AreaMedian Price$ / Sq FtDays on MarketActiveYoY
89109Park Avenue Condos — gated garden condos (community range)$150K–$400K (plan range)n/a*45 (ZIP-area)~700 total unitsn/a*
89109Convention Center corridor condo buildingsFrom $200Kn/a*45 (ZIP-area)—n/a*
89109UNLV / Maryland Pkwy residential corridorFrom $150Kn/a*45 (ZIP-area)—n/a*
89109East-of-Strip mixed residentialFrom $120K–$300Kn/a*45 (ZIP-area)—n/a*
89109Full ZIP 89109 corridor benchmark~$250,000 list / $240,000 sold—45Active condo inventory tracked by LVRn/a*

Source: NREG’s MLS analysis MLS plus NREG corridor analysis. *Corridor-level $/SF and year-over-year change are intentionally omitted: community-scale samples are too small to be meaningful, so we publish plan ranges and ZIP-area benchmarks instead. Boundaries per Clark County GIS.

Outdoor Recreation

What Outdoor Amenities Does Park Avenue Condos Offer?

Pool and spa on-site, the Las Vegas Strip five minutes away, and Sunset Park fifteen minutes east — Park Avenue Condos buyers trade yard space for Strip-corridor access. The City of Las Vegas maintains the surrounding parks and trails, usable through 300 annual sunshine days in Las Vegas.

ON-SITE

Community Pool & Spa

Community-scaleSwimming · RelaxationResidents

The community's primary outdoor amenity — a pool and spa courtyard within the gated grounds, maintained by the HOA and included in monthly dues.

5 MIN

Las Vegas Strip

4+ milesEntertainment · Dining · WalkingFree (public areas)

World-class dining, entertainment, fountains, and pedestrian promenades five minutes away — Las Vegas Boulevard is one of the world's most walkable and active urban corridors.

~8 MIN

The Park Las Vegas

~5 acresPublic green space · Art · DiningFree

A beautifully landscaped urban park between the Park MGM and T-Mobile Arena — tree-lined paths, public art, restaurants, and event space in the heart of the Strip.

5 MIN

UNLV Campus & Grounds

~340 acresWalking · Recreation · EventsPublic access

The University of Nevada Las Vegas campus features walking paths, green space, a performing arts center, and public events — an active neighbor for Park Avenue Condos residents.

15 MIN

Sunset Park

~324 acresSports · Lake · TrailsFree

One of Las Vegas's largest parks — a lake, tennis courts, volleyball, disc golf, picnic areas, and walking trails in the southeast valley, easily the area's best full-service park.

~15 MIN

Springs Preserve & Desert Garden

180 acresTrails · Museums · GardensTicketed

Botanical gardens, Nevada State Museum, and desert trails at the historic springs that started Las Vegas — a natural counterpoint to the Strip corridor's urban energy.

25 MIN

Red Rock Canyon NCA

~195,000 acresHiking · Scenic driveBLM fee

The Mojave's signature conservation area managed by the Bureau of Land Management — thirteen-mile scenic loop, world-class hiking and climbing, thirty minutes west when the Strip energy needs a break.

5 MIN

Bellagio Fountains & Promenade

~8 acresFountain shows · WalkingFree

The iconic fountain shows run multiple times daily and are free to watch from the Strip promenade — a literal perk of living five minutes from the Las Vegas Boulevard corridor.

The Park Avenue Condos Lifestyle

What Does a Weekend in Park Avenue Condos Look Like?

Three moods within minutes of the gate: a morning lap in the community pool, an afternoon on the Las Vegas Strip, and a concert at T-Mobile Arena — with Red Rock Canyon's roughly 195,000 conservation acres per the Bureau of Land Management twenty-five minutes west when the city needs a break.

~700Garden-Style Units
5Minutes to the Strip
$150KEntry Price Point
300Days of Sunshine

THIS WEEKEND'S OPEN HOUSES

Can You Tour Park Avenue Condos Units This Weekend?

Open houses in Park Avenue Condos run regularly given the investor-and-resale driven market in ZIP 89109. Set up instant alerts to get notified the moment a unit schedules an open house — or browse every active listing now and let our team arrange private showings, including building-level access and HOA document review coordination.

Planning a move

What Should I Verify Before Moving to Park Avenue Condos?

Budget around the specific home, not a community average. Before you compare the cost of a move to Park Avenue Condos, get these in writing:

  • The parcel's annual assessment, prior-year tax bill and abatement eligibility. A sale alone does not reset Nevada’s tax cap. Nevada tax-abatement rules
  • Lender, insurance and utility quotes for the exact address, plus the association's resale documents and any special assessments.
  • The school assignment for the enrollment year, confirmed with the district.
  • Your tax situation, reviewed by an adviser — California-source income can remain taxable after a move (Franchise Tax Board).
  • Qualifying new residents generally must obtain a Nevada driver’s license and vehicle registration within 30 days. Check the Nevada DMV’s requirements and exceptions for your circumstances.

The full step-by-step relocation checklist, from timeline to first-week setup, is in one place.

Open the relocation guide

ECONOMY & JOBS

What Drives the Park Avenue Condos Area Economy?

Park Avenue Condos benefits from three of Las Vegas's most concentrated employment generators within five to ten minutes. According to the U.S. Bureau of Labor Statistics, the Las Vegas metro labor market is historically strong, with the Convention Center corridor, resort employment, and growing university and medical sectors all within immediate reach of ZIP 89109.

$85,000+Avg household income, Park Avenue Condos areaNREG community plan record
45%Owner-occupied unitsCommunity plan record
5 minTo the Las Vegas Convention CenterConvention and hospitality employment
5 minTo UNLV campusUniversity and medical employment

Top Park Avenue Condos-Area Employers

  • Las Vegas Convention CenterOne of the nation's largest convention facilities — a major employer and the primary driver of ZIP 89109 rental demand
  • Strip resort corridor (MGM, Caesars, Wynn, etc.)The world's highest concentration of hospitality employment within five minutes of the community
  • University of Nevada Las Vegas (UNLV)Growing university and medical school campus five minutes east — faculty, staff, and student demand
  • Valley Health System hospitalsMajor healthcare campuses within fifteen minutes, including Desert Springs Hospital
  • Clark County School District (central)Area campuses serving ZIP 89109 and surrounding residential corridors
  • City of Las VegasMunicipal services, planning, and administration for the City of Las Vegas

Sources: U.S. Bureau of Labor Statistics, City of Las Vegas. Last updated June 2026.

COMMUNITY COMPARISON

How Does Park Avenue Condos Compare to Las Vegas, Summerlin & Henderson?

If you're weighing Park Avenue Condos against other Las Vegas metro options, this side-by-side covers the metrics buyers ask about most, updated June 2026. Park Avenue Condos wins on affordability and Strip proximity; Summerlin wins on schools and new construction; Henderson wins on safety and suburban livability — sources are NREG’s analysis of Las Vegas REALTORS MLS data, the U.S. Census, and FBI UCR.

Park Avenue Condos vs Las Vegas vs Summerlin vs Henderson · June 2026
MetricPark Avenue CondosLas VegasSummerlinHenderson
Entry PriceFrom $150K$476K median$728K median$548K median
HOA Dues$200–$450/moVaries (no HOA for SFR)Varies by villageVaries by community
Days on Market45 (ZIP-area)202121
Population~360 (community)679,817~127,000353,289
Strip Distance~5 minVaries (0–45 min)~25 min~30 min
Property TypeGarden condo (gated)All typesSFR + condo + new buildSFR + condo + new build
Best ForAffordability · Investors · Strip accessSelection · Urban · InvestorsSchools · Luxury · OutdoorsFamilies · Retirees · Safety

Sources: NREG’s analysis of Las Vegas REALTORS MLS data, U.S. Census QuickFacts. Park Avenue Condos income and population figures are community plan-record values; school figures are Las Vegas citywide; area demographics are for ZIP 89109 (ACS 2020–2024) — the Census does not tabulate the community separately. Last updated June 2026.

Cost of Ownership

What Will Park Avenue Condos Cost You Each Month?

Build a property-specific budget using a lender quote, the parcel tax estimate, insurance quotes and association documents. The starting amounts below are editable illustrations, not current local rates or verified fees. Compare the result with your Loan Estimate, and budget separately for maintenance, utilities and closing costs.

Illustrative Payment Estimator

Estimate Your Park Avenue Condos Payment

Home Price
$200,000
$200,000
$200,000
Down Payment
5% / $10,000
5% / $10,000
5% / $10,000
Interest Rate
7.0%
7.0%
7.0%
Term Years
30
30
30
Annual Property Tax Assumption
$1,200
$1,200
$1,200
Annual Insurance Assumption
$1,800
$1,800
$1,800
Monthly HOA Assumption
$200
$200
$200
Annual PMI Rate Assumption
0.50%
0.50%
0.50%
$1,793
Illustrative Monthly Payment
  • Principal & Interest$1,264
  • Property Tax$100
  • Insurance$150
  • HOA$200
  • PMI$79
Talk to a Lender

Inputs are assumptions, not a loan offer, insurance quote or parcel tax calculation. This simplified fixed-rate example applies the selected PMI rate below 20% down; actual mortgage-insurance eligibility, cost and cancellation depend on the loan. Maintenance, utilities, closing costs and special assessments are additional. Review the CFPB housing budget guide and confirm amounts with the relevant providers.

COMMUTE & TRANSPORTATION

How Easy Is Getting Around From Park Avenue Condos?

ZIP 89109 is one of the best-connected residential addresses in Las Vegas: Las Vegas Boulevard, Paradise Road, Harmon Avenue, and Flamingo Road all intersect within minutes, with I-15 and the 215 Beltway reachable in under ten minutes. Mean Las Vegas commutes run about 25 minutes per U.S. Census ACS data — and most Park Avenue Condos destinations beat that comfortably.

Drive Times from Park Avenue Condos

  • ~5 minLas Vegas Strip (nearest casino)Las Vegas Blvd south or Koval Ln
  • ~5 minLas Vegas Convention CenterParadise Rd north
  • ~5 minUNLV campusHarmon Ave east to Maryland Pkwy
  • ~10 minDowntown Las VegasI-15 north or Las Vegas Blvd north
  • ~15 minHarry Reid Intl AirportParadise Rd south → Swenson St
  • ~25 minSummerlin / Downtown SummerlinI-15 north → Summerlin Pkwy west
  • ~20 minHendersonI-15 south → I-215 east
  • ~25 minRed Rock CanyonI-15 north → W Charleston Blvd west

Transportation Options

  • Driving

    The default — ZIP 89109 sits at the crossroads of Paradise Road, Las Vegas Boulevard, Flamingo Road, and Harmon Avenue, providing direct access to the Strip, the Convention Center, and every major Las Vegas freeway within minutes.

  • RTC Transit

    The Las Vegas Monorail and RTC Deuce bus run along the Strip and Convention Center corridors — meaningful for car-free commutes to the resort employment core. Bus routes on Paradise Road and Maryland Parkway add additional transit coverage.

  • Rideshare

    Fast and abundant in ZIP 89109 — being adjacent to the Strip means rideshare pickup times are typically under three minutes. Airport runs cost roughly $15–$25 from the community.

  • Walking & Cycling

    The Las Vegas Strip is walkable from the community on calm days — the Convention Center is under a mile from many units. Dedicated cycling infrastructure is limited, but the resort corridor's wide sidewalks and slow speeds make recreational rides feasible.

Drive times are typical off-peak estimates for the route named; check live traffic before you rely on one.

Quick Answer

How long does it take to close on a Park Avenue Condos unit?

Most Park Avenue Condos purchases close in 30 to 45 days through a Nevada escrow company; cash offers close in 7–14. FHA and conventional transactions add lender building-approval time — coordinate that early. HOA document review (the resale package) takes roughly 3–5 business days to receive from the association; request it at contract to avoid delay.

Quick Answer

What down payment do you need to buy in Park Avenue Condos?

Down-payment requirements depend on loan type and building approval. Conventional loans typically require 5–20% down — at $200,000 that's $10,000–$40,000. FHA allows 3.5% if the building is FHA-approved ($7,000 on a $200,000 purchase). VA loans allow 0% for eligible veterans. Cash is common at this price point and eliminates building-approval timing risk entirely. Our team confirms building approval with lenders before you commit to a financing path.

Park Avenue Condos FAQ — 17 Answers

What Do Park Avenue Condos Buyers Most Frequently Ask?

Most Asked

What is the price range for units in Park Avenue Condos?

Units at Park Avenue Condos run from approximately $150,000 to $400,000 per NREG’s MLS analysis MLS data for ZIP 89109, with the community median near $375,000. Floor level, view, and finish upgrades drive where a unit lands in that band. Call (702) 637-1759 and we will pull active listings and recent sales before you write.

What are HOA fees in Park Avenue Condos?

Budget $200 to $450 per month for HOA dues depending on unit size and floor. Fees fund pool maintenance, fitness center, secured parking, landscaping, common-element building insurance, water, and trash across the two-acre property. Nevada's low-ownership-cost stack helps offset dues: zero state income tax and roughly 0.5–0.7% effective property-tax rate with a 3% primary-residence annual cap under NRS 361.4723. Review the current dues, reserve-fund balance, and any pending special assessments in the resale package before opening escrow.

Can I rent out my Park Avenue Condos unit?

Yes, with conditions. Park Avenue Condos allows long-term rentals subject to minimum lease terms set in the HOA bylaws — confirm the current rules in the resale package before you close, because rental policies can change with a board vote. Short-term rentals (fewer than 31 days) are tightly regulated by the City of Las Vegas and further restricted by the association. Never underwrite vacation-rental income without reading the CC&Rs and the city's current short-term rental rules first. Call (702) 637-1759 for the latest building-level policy.

What amenities does Park Avenue Condos offer residents?

Park Avenue Condos delivers a residential amenity set scaled to a low-rise garden community: pool and spa, fitness center, gated secured parking, controlled-access entry, and maintained common-area landscaping. The footprint is intentionally residential rather than resort-scale, which keeps HOA dues in the $200–$450 monthly range — far below the $1,500–$5,000 dues at full-service Strip high-rises. The community pool and courtyard areas sit at grade, giving the property a relaxed neighborhood feel rarely found this close to the Convention Center corridor.

What views are available from Park Avenue Condos?

Views depend on building position and orientation: upper units on the south and west face the Las Vegas skyline and Spring Mountains; north-facing units look toward the Convention Center corridor. As a low-rise garden community, Park Avenue Condos trades tower panoramas for a quieter ground-level setting roughly five minutes from the Strip via Las Vegas Boulevard. View premiums are priced into individual units — walk several exposures before choosing, and ask our team which orientations carry the strongest resale demand.

What is the commute like from Park Avenue Condos?

Drive times from Park Avenue Condos are unusually short for non-Strip addresses: about five minutes to the Strip via Las Vegas Boulevard, ten minutes to Downtown Las Vegas via I-15, and fifteen minutes to Harry Reid International Airport via local roads. UNLV is roughly five minutes east, making the community attractive to students and university staff as well as convention and resort workers. The Las Vegas Convention Center — one of the country's largest — is within a ten-minute walk or a two-minute drive, a meaningful rental driver.

Is Park Avenue Condos a good investment property?

For many buyers, yes. Entry pricing from $150,000, HOA dues from $200 monthly, and a location five minutes from the Strip give Park Avenue Condos a workable cost basis for long-term rentals, a pied-à-terre, or a lock-and-leave investment. Nevada adds no state income tax and roughly 0.5–0.7% effective property tax. Returns depend on the HOA's current rental rules, reserve health, and local rent trends — our team runs building-level numbers and pulls ZIP 89109 rental comps before you make an offer.

How does Park Avenue Condos compare to Strip high-rises?

Park Avenue Condos competes on price and location, not vertical amenities. Entry starts at roughly $150,000 versus $300,000–$500,000 at most Strip high-rises, HOA dues run $200–$450 versus $800–$5,000 at luxury towers, and the low-rise garden setting provides a residential quiet Strip towers cannot match. Trade-offs are real: no concierge, no valet, no pool deck above the 20th floor. Buyers choosing between the two typically prioritize cost-of-carry (Park Avenue) versus service and prestige (Strip towers).

What Nevada tax advantages apply to Park Avenue Condos buyers?

Nevada levies zero personal state income tax per the Nevada Department of Taxation — a household earning $200,000 saves roughly $15,000–$26,000 per year versus California's 9.3–13.3% rate per the California Franchise Tax Board. The effective property-tax rate runs approximately 0.5–0.7% of market value per the Clark County Assessor, and annual increases on a primary residence are capped at 3% under Nevada Revised Statutes 361.4723 once the owner claims it. Combined, Nevada's tax structure makes Park Avenue Condos ownership meaningfully cheaper than equivalent condo ownership in California.

What is the Park Avenue Condos HOA reserve fund situation?

Nevada law requires condo associations to maintain a reserve fund adequate to cover major capital repairs. Before closing on any Park Avenue Condos unit, review the current reserve study and funding percentage in the resale package — under-funded reserves are a leading indicator of future special assessments. Also ask for the last three years of meeting minutes and any pending litigation disclosures. Our team identifies reserve red flags before you write, because an unexpected $5,000–$15,000 special assessment changes the investment math significantly.

How does Park Avenue Condos financing work?

Most Park Avenue Condos units are financeable with conventional loans, FHA loans, or cash. FHA and VA eligibility depend on the building's owner-occupancy ratio and reserve health — have your lender confirm building approval before relying on low-down programs. At a $200,000 purchase price, a 5% conventional down payment means roughly $10,000 down plus closing costs. Cash buyers are common at this price point and close in 7–14 days. Our team coordinates lender building-approval questions early to prevent surprises.

Is the Las Vegas Convention Center location a pro or a con?

Mostly a pro for investors and professionals: proximity to the Las Vegas Convention Center, one of the nation's largest at roughly 4.6 million square feet, drives consistent demand from convention workers, exhibitors, and business travelers seeking month-to-month leases. For owner-occupants, the location is outstanding for Strip access and urban convenience; convention week traffic on the nearby I-15 and Koval Lane corridors is the honest trade-off. UNLV's campus is also minutes away, broadening the renter pool further.

What should I know before buying in Park Avenue Condos?

Four things move real money here. First, confirm the HOA's rental policy — the bylaws set minimum lease terms that matter if you plan to rent the unit. Second, review the reserve fund balance and any pending special assessments in the resale package. Third, verify FHA or conventional building approval with your lender before relying on low-down financing. Fourth, walk multiple units and exposures: view, floor, and finish variation is wide across roughly 700 units. Call (702) 637-1759 and our team guides you through all four before you commit.

How does Nevada versus California condo ownership compare at the Park Avenue price point?

A $375,000 Park Avenue Condos unit carries roughly $1,880–$2,630 per year in property taxes at Nevada's 0.5–0.7% effective rate — versus $3,000–$3,500 on a comparable California condo at 1.2%+. Add Nevada's zero state income tax versus California's top rate of 13.3% per the California Franchise Tax Board, and a buyer earning $150,000 saves approximately $7,000–$10,000 per year by owning in Nevada instead of California. That tax spread — not just price — is why California buyers consistently rank the Las Vegas condo market high in their relocation research.

What down payment do you need to buy in Park Avenue Condos?

Down-payment requirements depend on the loan type and building approval status. Conventional loans typically require 5–20% down on a primary residence — at $200,000 that's $10,000–$40,000 — and FHA allows 3.5% down if the building is FHA-approved. VA loans allow 0% for eligible veterans, subject to building eligibility. Cash is common at this price point and eliminates building-approval risk entirely. Have your lender confirm building approval before committing to a financing path.

What does it cost to own a Park Avenue Condos unit each month?

A $200,000 purchase at 7% with 5% down runs approximately $1,270 principal and interest, plus roughly $100 property tax ($0.6% rate), $50 homeowners insurance, and $300–$400 HOA dues — totaling about $1,720–$1,820 per month. Nevada adds no state income tax and caps property-tax increases at 3% annually for primary residences. That all-in monthly cost competes directly with local rents in the same building, making the buy-vs-rent math tighter than almost anywhere else in the Las Vegas metro.

Can Nevada Real Estate Group help with Park Avenue Condos?

Yes — our team specializes in the Las Vegas condo market, including building-specific HOA structures, reserve health, rental policy, and the factors that drive value in the ZIP 89109 corridor. We pull active listings, recent sales, and rental comps before you write an offer, and we coordinate lender building-approval questions early. Call (702) 637-1759 or use the form on this page to connect with a Park Avenue Condos specialist.

Updated October 2026

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PEOPLE ALSO ASK

What Else Do People Ask About Park Avenue Condos?

These are the eight queries Park Avenue Condos buyers actually type into Google and AI assistants — answered specifically with figures you can verify: market data from NREG’s MLS analysis, Nevada tax law from the Nevada Revised Statutes, and community facts from the plan record.

Is Park Avenue Condos gated?

Yes — Park Avenue Condos has gated entry with controlled access and secured parking. Visitors enter through the community gate, and vehicle access is restricted to residents and their guests — a meaningful security layer versus open-access condo corridors in ZIP 89109.

Can I run an Airbnb in Park Avenue Condos?

Short-term rentals (under 31 days) are regulated by the City of Las Vegas and further restricted by the HOA CC&Rs. Do not underwrite vacation-rental income on a Park Avenue Condos purchase without reading both documents first. Our team confirms the current policy before you write — call (702) 637-1759.

How many units are in Park Avenue Condos?

Park Avenue Condos contains approximately 700 garden-style units across a two-acre gated community in ZIP 89109, per the community plan record. The community was developed by AmLand Development and completed in 2006.

Is Park Avenue Condos FHA-approved?

FHA eligibility depends on the building's current owner-occupancy ratio and reserve-fund health — both can change with every HOA reporting cycle. Have your lender submit the HOA questionnaire for a current determination before relying on FHA financing. Our team coordinates this early in the process.

Is Park Avenue Condos close to UNLV?

Yes — UNLV's main campus on Maryland Parkway is roughly five minutes from Park Avenue Condos in ZIP 89109. The proximity makes the community popular with students, faculty, and university-affiliated buyers seeking affordable ownership close to campus.

What is the HOA reserve fund situation at Park Avenue Condos?

We recommend requesting the current reserve study and funding percentage in the resale package before you close. An under-funded reserve is the leading indicator of future special assessments — our team reviews reserve health as a standard part of every condo transaction and flags red flags before you commit.

How far is Park Avenue Condos from the airport?

Harry Reid International Airport is approximately fifteen minutes from Park Avenue Condos via Paradise Road south to Swenson Street and the airport access roads — closer than most Las Vegas residential addresses and a meaningful factor for frequent travelers and remote workers.

Is Park Avenue Condos a good rental investment?

For many buyers, yes: entry from $150,000, HOA from $200/mo, and steady demand from Convention Center, resort, and UNLV workers makes the cost basis work for long-term rentals at $1,200–$1,800/mo. Returns depend on the HOA rental policy, reserve health, and market conditions — our team runs the specific numbers before you write.

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Direct market knowledge, 9,600+ closed transactions, and $4.85B+ in volume since 2011. Our agents have represented buyers and sellers across the Las Vegas condo corridor — from $150,000 first-time buyers to investors assembling ZIP 89109 portfolios. That transaction depth and verified 9,097+ five-star reviews are what earn the team's #1 ranking in Nevada.

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Tell the team about your preferred area, budget, timing and property requirements. Ask about representation and the records needed to evaluate a particular home. Review current listings, comparable sales and the written terms of any services before deciding how to proceed. Contacting the team does not guarantee a purchase, sale price or response deadline.

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NEARBY COMMUNITIES

Which Communities Are Within 30 Minutes of Park Avenue Condos?

Compare Park Avenue Condos with neighboring condo buildings and nearby Las Vegas communities — from The Manhattan Las Vegas five minutes south to Summerlin twenty-five minutes west. Each card pairs commute time with price positioning, so you can judge whether a different corridor buys meaningfully more home for the money.

5 MIN S

The Manhattan Las Vegas

From $200K

5 min from Park Avenue Condos

View The Manhattan Las Vegas →

10 MIN N

Las Vegas (citywide hub)

$476K

Las Vegas hub

View Las Vegas (citywide hub) →

25 MIN W

Summerlin

$728K

25 min from Park Avenue Condos

View Summerlin →

20 MIN SE

Henderson

$548K

20 min from Park Avenue Condos

View Henderson →

20 MIN N

North Las Vegas

$385K

20 min from Park Avenue Condos

View North Las Vegas →

A–Z INDEX

Which Park Avenue Condos Sections Can You Explore A–Z?

Park Avenue Condos is a single gated community with roughly 700 garden-style units in ZIP 89109 — no named sub-enclaves, but meaningful variation by building, floor, and view orientation. The entries below index the community's key context pages for buyers and investors starting their Las Vegas condo research.

Sources & Methodology

Where Does This Park Avenue Condos Data Come From?

Every statistic on this page is sourced from a primary or government dataset, and we refresh these numbers monthly. Because Park Avenue Condos is a ~700-unit condo community, we present ZIP 89109 corridor statistics as area benchmarks — never unit-level claims that small samples cannot support. Follow any link below to verify a figure.

  1. NREG analysis of Las Vegas REALTORS MLS data (via Repliers) — Median list and sold prices, days on market, active and closed counts for ZIP 89109. NREG market report
  2. U.S. Census Bureau — ZIP 89109 population, income, age, and housing data (ACS 2020–2024 5-year estimates; Park Avenue Condos is not tabulated separately). data.census.gov
  3. City of Las Vegas — City services, police coverage, short-term rental rules, and planning matters. lasvegasnevada.gov
  4. Clark County Assessor — Property tax rates, assessed values, and parcel data. clarkcountynv.gov/assessor
  5. Nevada Revised Statutes 361.4723 — The 3% annual property-tax cap on primary residences. leg.state.nv.us
  6. FBI Uniform Crime Reporting (UCR) — Las Vegas violent and property crime rates, national comparisons. fbi.gov/ucr
  7. U.S. Bureau of Labor Statistics — Metro employment, unemployment, and wage data for the Las Vegas MSA. bls.gov
  8. GreatSchools.org — K-12 school ratings, test scores, student-teacher ratios for ZIP 89109 schools. greatschools.org
  9. Nevada Department of Taxation — Nevada income tax — zero at the state level. tax.nv.gov
  10. California Franchise Tax Board — California income tax rates (13.3% top marginal) used in relocation comparison. ftb.ca.gov
  11. Freddie Mac PMMS — Mortgage rate weekly survey used in the payment calculator. freddiemac.com/pmms

Methodology: Listing counts, prices and days on market are NREG's analysis of Las Vegas REALTORS MLS data received through the Repliers feed; this page refreshes them about once a day, and each market figure carries its date or window. Census and BLS figures are the published vintage named beside them and change only when the agency releases new estimates. Confirm details for a specific home with its listing and the responsible agency.

Updated: October 2026 · Next update: November 15

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