Panorama Towers
732 - 14,176 Sqft - 4555 Dean Martin, Las Vegas, Nevada 89103
Overview of Panorama Towers condos for sale and MLS for sale and rental listings
Panorama Towers condos for sale range from 733 square feet to over 4000 square feet and have 1-3 bedrooms. This Las Vegas guard gated high-rise project was built in 2006 and consists of two 34-story towers with 627 units. Condos all have 10-foot ceilings and were constructed with high-end upgrades.
Panorama Towers condo sales in 2021 stood at 72, which is more than sales in 2019 and 2020 combined. Additionally, units are selling well in 2022, as twenty-five units have been sold by June. Significantly higher sales coupled with lower listings inventory resulted in notable increases in condominium pricing. For example, unit 2506 at Tower One was purchased for $865,000 in June 2021 and sold for $935,000 only five months later. Or unit 1404 at Tower Two was bought for $280,000 in February 2020 and traded for $348,000 in April 2022.
Condominiums are not selling at much of a discount. While an initial asking list price is always high, three out of 25 apartments sold for more than the original asking list price, while the majority are at or within $10,000 of the asking list price.
Searching Panorama Towers condos for sale listings
You can find all Panorama Towers condos for sale listings below this article, and click on the for sale tab.
HOA fees for Panorama Towers condos for sale
HOA fees at Panorama Towers are $500-$816 for one-bedrooms and $655-$1728 for two-bedroom units. HOA fees for two and three-bedroom penthouse units are $2054 to $4579 and are subject to change. HOA fees include water, sewer, and trash.
Panorama Towers condos for rent in Las Vegas
Click on the for rent tab below this article to see all Panorama Towers condos for rent listings.
The minimum rental period here is six months, so no short-term rentals like AIRBNB or VRBO are allowed. However, owners who furnish their condo and lease for six months can get much more than unfurnished renting the same unit for one year.
Las Vegas high-rise rental listings have nosedived since 2021, and this building is not an exception. Panorama Towers condos for rent have shrunk from an average of 100 per year to 29 in the first six months of 2022, resulting in significant price increases. While renters can bargain for a discount on some pricy apartments leased short-term, the rest rent for the asking list price. Many renters are professionals or entertainers who work on the Las Vegas Strip.
Amenities
Amenities at Panorama Towers include a free limo ride to the Strip within three miles, a 5000 square foot fitness center, business center, and concierge. As well as Valet, assigned parking, pool and spa, handball/racquetball courts, recreation room, security in each building, wine cellar, and his/hers spa facilities with massage, sauna, and steam rooms.
Reviews
There aren’t many reviews for Panorama Towers, their Facebook page has three old reviews, and on Yelp, they have three recent reviews, which were all positive. There were some complaints, but they are three years old or older.
- Listing ID : 6138
- Bathrooms : 1 - 9
- Square Footage : 732 - 14,176 Sqft