Overview
The Platinum is a 17-story, 255-unit condo-hotel that opened in October 2006 on Flamingo Road, one block east of the Strip. Developed as a roughly $120 million joint venture between Diversified Real Estate Concepts and Marcus Hotels and Resorts, it was conceived as something rare in Las Vegas: a non-gaming, smoke-free boutique property where every suite is individually owned.
Units are hotel-suite residences — generously sized one- and two-bedroom plans with full kitchens, soaking tubs, and balconies, many with Strip or mountain views. Owners can occupy their suite full-time, use it as a pied-à-terre, or place it in the hotel’s rental program, in which the on-site operator manages bookings and shares revenue.
One important note for buyers: as a condo-hotel, The Platinum typically does not qualify for conventional residential financing. Most purchases are cash or specialty/portfolio loans, and lenders treat the units as investment or hospitality property. Budget accordingly and confirm financing options early — this structure is also why entry pricing sits well below comparable residential towers.
Amenities & Lifestyle
Because it operates as a hotel, services run at hospitality level around the clock: staffed front desk, concierge, and valet. Residents and guests share indoor and outdoor pools, a full-service spa, a fitness center, and an on-site restaurant and lounge.
The lifestyle is genuinely flexible. Full-time residents get hotel conveniences without casino noise; part-time owners can generate rental income during the weeks they are away. The non-gaming, smoke-free positioning keeps the atmosphere calmer than nearly any address this close to the Strip.
Location & Nearby
The Platinum sits at Flamingo Road and Koval Lane, roughly a ten-minute walk from the center-Strip resorts — Caesars Palace, Bellagio, and the Horseshoe/Paris corridor. It is one of the few near-Strip addresses where walking to the Boulevard is realistic.
The UNLV campus and Hughes Center office district are minutes east, and Harry Reid International Airport is about a ten-minute drive. Flamingo Road provides straight-line access west across the Strip to I-15 and east to the 515, making the address as practical for commuting owners as it is for visiting ones.
Fast Facts
| Area | Near-Strip |
|---|---|
| Address | 211 E Flamingo Rd, Las Vegas, NV 89169 |
| Year built | 2006 |
| Floors | 17 |
| Units | 255 |
| Unit types | Suite-style 1BR – 2BR condo-hotel units |
| Approx. price range | $250K – $800K (approximate) |
| Approx. HOA fees | ≈$700 – $1,300/mo (approximate) |
| Pet policy | Pet policies limited in condo-hotel setting — verify current policy |
| Short-term rentals | Nightly rental permitted through the hotel program — verify current terms |
All figures approximate — verify current figures with the HOA, the community and your agent before relying on them.
Amenities at a Glance
- Indoor/outdoor pools
- Full-service spa
- Fitness center
- On-site restaurant and lounge
- 24/7 front desk and concierge
- Valet parking
- Optional hotel rental program
- Smoke-free, non-gaming property
