STR Exchange

Back to Properties

UPID:

STR311

Save

Saved

Saving..

No items found.

3114 W Languid Ln, Phoenix, Arizona 85086

3750

Bedrooms

Utilities Included

Yes

Bathrooms

Furnished

Yes

Available to Lease on

ASAP

Property Type

Single Family

SQFT

3098

Talk to STR Exchange

Key metrics

Rent

3,750

Monthly Estimated Profit^?

1,875

Annual Estimated Profit^?

22,500

Acquisition Fee

2,500

Security Deposit

3,750

Average Daily Rate

287

Occupancy

64%

Annual Revenue

67,500

Key Features

This incredibly spacious 3,098 sq ft single-family home is located at 3114 W Languid Ln in the highly desirable Tramonto community in Phoenix, Arizona. Offering 4 bedrooms, 3 bathrooms, and a flexible bonus room perfect for a home office, gym, or playroom, this property provides massive space and flexibility for large groups or families.

The home is designed for year-round comfort with two A/C units and energy-efficient solar panels. Recent upgrades include fresh interior and exterior paint, a newer roof, and brand new appliances including the refrigerator, washer, and dryer. Guests will love the beautiful mountain views and access to Tramonto's resort-style amenities, which include two pools, tennis and basketball courts, parks, and scenic walking trails. It's ideally located just one exit from Anthem, with shopping, dining, and freeway access all within 1 mile.

Property Features

4 Bedrooms / 3 Bathrooms + Bonus Room: Expansive 3,098 sq ft layout with multiple living spaces including both a living room and a family room.
Energy Efficient & Upgraded: Features solar panels, two A/C units, a 3-year-old roof, and fresh paint inside and out.
New Appliances: Comes equipped with a brand-new refrigerator, washer, and dryer.
Resort-Style Community Amenities: Access to Tramonto's two pools, parks, playgrounds, tennis courts, basketball courts, and walking trails.
Convenient Parking: Includes a massive 3-car garage.

STR Regulations Summary:

Status:

STR Friendly

View Regulations Here

Phoenix, Arizona allows non-owner occupied short-term rentals (STRs) but has implemented regulations to govern their operation. As of January 15, 2024, all STR operators in Phoenix must obtain a permit from the city3. This applies to both owner-occupied and non-owner occupied properties.Key regulations for non-owner occupied STRs in Phoenix include:

Registration and Permitting: Operators must register with the city and obtain a STR permit, which costs $250 for initial application and renewal3.
Insurance: Maintain liability insurance coverage of at least $500,000 per property1.
Display of Permit: The STR permit/license number must be displayed on all advertisements for the rental3.
Neighbor Notification: Operators must inform adjacent properties of their intent to operate an STR3.
Prohibited Uses: STRs cannot be used for large events like parties or weddings1.
Penalties: Violations can result in fines ranging from $500 for the first offense to $3,500 for the third offense1.
Taxes: STR operators must pay a combined tax rate of 12.57% for all state, county, and city taxes5.

Phoenix's regulations are considered relatively host-friendly compared to other major U.S. cities, as they do not restrict non-owner occupied STRs6. However, operators must comply with all city ordinances to avoid penalties and potential permit suspension1 3

STR Regulations Summary:

View Regulations Here

Property Location