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7501 E Minnezona Ave, Scottsdale, Arizona, 85251
$
3200
Bedrooms
3
Utilities Included
Yes
Bathrooms
2
Furnished
Yes
Available to Lease on
TBD
Property Type
Single Family
SQFT
1652
Key metrics
Rent
$
3200
Monthly Estimated Profit?
$
5178
Annual Estimated Profit?
$
62140
Acquisition Fee
$
3500
Security Deposit
$
TBD
Average Daily Rate
$
0
Occupancy
0
Annual Revenue
$
100540
Key Features

This beautifully furnished mid-century modern home offers an ideal setting for corporate housing, with explicit subleasing options and multi-year leases available. Located in the heart of Old Town Scottsdale, it provides easy access to Fashion Square, the Waterfront, and a variety of dining and entertainment venues. Its proximity to local hospitals makes it a convenient choice for traveling medical professionals.

The property features a fully equipped kitchen with granite countertops and stainless steel appliances, perfect for those who enjoy cooking at home. The dedicated workspace and fast Wi-Fi cater to remote work needs, while the private backyard with a putting green offers a relaxing retreat. With in-unit laundry and all utilities included (caps apply), this home ensures a comfortable and hassle-free living experience.

Important Notes

Here is a link to the home on AirBNB: AirBNB Listing

Property Features

• 3 Bedrooms / 2 Bathrooms: A comfortable layout ideal for families or shared living.
• Furnished: Stylish mid-century modern furnishings included.
• Fully Equipped Kitchen: Granite countertops and stainless steel appliances.
• Dedicated Workspace: Perfect for remote work with fast Wi-Fi.
• Private Backyard: Features a putting green for relaxation and recreation.
• In-Unit Laundry: Convenient laundry facilities inside the home.

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