Property Description:
Fully renovated 3-bedroom, 3.5-bathroom modern contemporary farmhouse in the Normal Station neighborhood. Located near Highland Street, Poplar Avenue, Target, Starbucks, Whole Foods, and the University of Memphis. The home features an open-plan layout with high-end finishes and carefully designed accents throughout.

Property Features:

• 3 bedrooms / 3.5 bathrooms
• Open-plan layout
• Private fenced-in backyard
• Oversized double-hung all-black windows
• Matte black island chandelier
• Contemporary vanities
• Two-toned tuxedo color scheme
• White, natural wood, and matte black finishes

Nearby Access:

• Steps from Highland St and Poplar Ave
• Close to University of Memphis and nearby retail and dining options

Rental Terms:

• Contact for lease terms and availability

As of July 1, 2023, Memphis, Tennessee has implemented new regulations for short-term rentals (STRs), including non-owner occupied properties12. Here are the key points regarding non-owner occupied STRs in Memphis:

1. Permit Requirement: All STR operators, including those with non-owner occupied properties, must obtain a permit from the City of Memphis Division of Public Works12.
2. Permit Fees: The initial application fee is $300, with annual renewals costing $15012.
3. Grandfathering Clause: STRs that were in operation before July 1, 2023, are exempt from the new permit requirement until certain conditions are met, such as the property being sold or transferred13.
4. Insurance: Operators must provide proof of fire, hazard, and liability insurance coverage of at least $1 million1.
5. Local Contact: A responsible agent who lives within 50 miles of the property must be designated to respond to any issues14.
6. Taxes: STR operators are required to collect and remit the city's occupancy privilege tax (approximately 15.25% of the rental rate) and an additional assessment of $2 per bedroom per night14.
7. Compliance: Operators must follow local laws, including safety, building, and health codes1.
8. Fines: Operating without a permit can result in a fine of $50 per day per unit24.
9. Zoning: Non-owner occupied STRs are allowed in Memphis, with fewer restrictions compared to some other cities in Tennessee5.
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To sign up for a short-term rental permit in Memphis, you will need to contact the City of Memphis Division of Public Works. The process involves submitting an application with the required documents and paying the application fee. However, there is no direct link provided in the search results for online sign-up. Instead, you can visit the City of Memphis Permits Office for more information:

• Permits Office Contact: (901) 636-6711