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8544 E Plaza Ave, Scottsdale, Arizona, 85250
$
3500
Bedrooms
3
Utilities Included
No
Bathrooms
2
Furnished
Yes
Available to Lease on
Available Now
Property Type
Single Family
SQFT
1650
Key metrics
Rent
$
3500
Monthly Estimated Profit?
$
2683
Annual Estimated Profit?
$
32200
Acquisition Fee
$
3500
Security Deposit
$
TBD
Average Daily Rate
$
307
Occupancy
66
Annual Revenue
$
74200
Key Features

This beautifully updated single-family residence in Scottsdale offers an ideal setting for corporate housing, with its fully furnished interiors and modern amenities. The property supports multi-year leases, making it perfect for long-term stays. Its strategic location provides easy access to major commuter routes, shopping, and dining, ensuring convenience for professionals and families alike.

Located near local attractions and hospitals, this home is well-suited for traveling medical professionals and academics. The open-concept living space and private backyard with a paver patio and turf offer a relaxing environment after a busy day. With its modern finishes and spacious layout, this property is designed to meet the needs of discerning tenants.

Property Features

• 3 Bedrooms / 2 Bathrooms: A comfortable layout ideal for families or shared living.
• Fully Furnished: Move-in ready with stylish furnishings.
• Updated Kitchen: Features stainless steel appliances and ample counter space.
• Private Backyard: Includes a paver patio and low-maintenance turf.
• In Unit Laundry: Convenient laundry facilities within 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