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Condo with Mountain Views
For Sale
$300,000

7625 E CAMELBACK Road A411, Scottsdale, AZ 85251

Top-floor residence in a community that permits Airbnb and VRBO rentals and has no rental restrictions.

Property Size752 SF
Price / SF$398.94
Days on Market347

Property Features for 7625 E CAMELBACK Road A411

General Information

Standard status Active
Size 752 SF
Property subtype Apartment

Additional Details

Furnished No
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $388

Amenities

community pool
heated spa

Building Details

Building Size 752 SF
Year Built 1971
Listing Agency: NextHome City to City
Listed By: Brian K Ivener
Source: Curiare
Added: Nov 15, 2025 Changed: Oct 26 Last Checked: Oct 26 at 1:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome City to City

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This top-floor condo in Scottsdale offers views of Camelback Mountain and underwent a recent interior remodel. Updates include new flooring, windows, interior doors, baseboards, a vanity, toilet, faucets, fixtures, lighting, and fresh paint, along with a built-in microwave. The community also has a heated pool and spa.

The property is a short distance from Fashion Square Mall and downtown Scottsdale. Grocery shopping, restaurants, bars, and retail are across the street, while Giants Stadium is nearby. The complex permits Airbnb and VRBO rentals and has no rental restrictions. HOA coverage includes electricity, heating and air-conditioning, water, sewer, trash, and basic cable.

Key Highlights

  • Top‑floor condo with Camelback Mountain views
  • Airbnb and VRBO use permitted; no rental restrictions
  • Remodeled interior with new windows, flooring, doors, fixtures, and fresh paint

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,701
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,020 $174.0K
Cap Rate 7%
$124,300 $124.3K
Cap Rate 9%
$96,678 $96.7K
Market Conditions
NOI Build-Up for 752 SF
Gross rent
$16.5K $21.96/SF
− Vacancy
−$694 −$0.92/SF
EGI
$15.8K $21.04/SF
− OpEx
−$7.1K −$9.47/SF
NOI
$8.7K $11.57/SF
Area
Scottsdale, AZ
Vacancy
4.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,020
Cap Rate 7%
$124,300
Cap Rate 9%
$96,678

Alternative Uses

Best Use
Apartment 5plus
$124.3K
$108.8K – $145.0K (±1% cap)
NOI $8,701 @ 7.0% cap · market cap 2.90%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$246.9K
$216.0K – $288.0K (±1% cap)
NOI $17,280 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,231
Businesses Nearby

Demographics for 85251, AZ

40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Top-floor residence in a community that permits Airbnb and VRBO rentals and has no rental restrictions.
Where is this short term rental property located?
The property is located at 7625 E CAMELBACK Road A411 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Top‑floor condo with Camelback Mountain views; Airbnb and VRBO use permitted; no rental restrictions; Remodeled interior with new windows, flooring, doors, fixtures, and fresh paint
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Includes: Price & PSF · Cap rate · Location · Zoning

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