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7500 E Deer Valley Rd Unit 15, Scottsdale, Arizona, 85255
$
2900
Bedrooms
4
Utilities Included
No
Bathrooms
3
Furnished
No
Available to Lease on
Available Now
Property Type
Apartment
SQFT
2371
Key metrics
Rent
$
2900
Monthly Estimated Profit?
$
4850
Annual Estimated Profit?
$
58200
Acquisition Fee
$
2500
Security Deposit
$
TBD
Average Daily Rate
$
411
Occupancy
62
Annual Revenue
$
93000
Key Features

This spacious 4-bedroom, 3-bathroom home in Scottsdale is ideal for corporate housing, offering flexibility for multi-year leases and explicit subleasing options for licensed business activities. Located at 7500 E Deer Valley Rd, the property is perfect for executives and professionals seeking a long-term stay. Its proximity to Scottsdale's best restaurants and attractions makes it a convenient choice for those looking to enjoy the vibrant local scene.

The property features a two-car garage and a portable spa in the backyard, providing both convenience and relaxation. With all bedrooms located upstairs, the home offers a spacious layout suitable for families or shared living arrangements. The inclusion of a refrigerator, washer, and dryer adds to the property's appeal, ensuring a comfortable living experience. While utilities are not included, the property is available for immediate occupancy, making it an attractive option for those ready to move in.

Property Features

• 4 Bedrooms / 3 Bathrooms: Spacious layout with all bedrooms upstairs
• Two-Car Garage: Ample parking and storage space
• Portable Spa: Relaxing backyard feature
• Appliances Included: Refrigerator, washer, and dryer
• Central Air: Comfortable climate control

STR Regulations Summary:  

Status:
STR Friendly

View Regulations Here

Short-term rental owners in Scottsdale must obtain and maintain an annual city license for each property, costing $250 per year12.

This is in addition to state and county requirements. To apply for a license, owners need to:

  1. Obtain a Transaction Privilege Tax (TPT) license from the Arizona Department of Revenue23
  2. Provide proof of $500,000 in general liability insurance coverage12
  3. Designate a 24/7 emergency contact who can respond on-site within 1 hour1
  4. Submit owner information, property details, and attestations of compliance with laws and background checks1

Operational Requirements

Once licensed, short-term rental operators must:

  • Notify neighbors within 300 feet of the rental property within 30 days of receiving the license12
  • Display the city-provided notice inside the rental property with license number, contact info, and other required information1
  • Limit occupancy to a maximum of 6 adults (or 2 adults per bedroom, whichever is less), plus their minor children1
  • Use the property only for lodging, not events1
  • Provide off-street parking1

Recent Updates

As of June 6, 2024, Scottsdale has implemented new rules to address nuisance parties:

  • Promoters can be held responsible for "nuisance parties"5
  • Police can remove non-residents from a property during a declared nuisance party5
  • Minors are prohibited from renting short-term rentals5

Tax Obligations

Short-term rental operators in Scottsdale are required to:

  • Collect state transaction privilege tax and county excise tax from guests5
  • Remit collected taxes to the appropriate authorities5

Display their TPT license number in all advertisements5

Scottsdale, Arizona applies the same short-term rental laws to both owner-occupied and non-owner-occupied properties.

Property Location