1014 16th Ave S 109, Nashville, TN 37212, Nashville, 37212 - 2 bed, 2 bath
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Nashville, TN 37212
This Proven NOO STR Luxury Condo is listed at $849,000, representing a stable acquisition closely aligned with its $838,078 Fair Market Value. Boasting a Pristine Condition Rating, this 2024 construction on Music Row is a turnkey asset featuring $70,000 in 2025 bookings and NOO STR eligibility. The property offers premium amenities including a rooftop pool with Nashville skyline views, a fitness center, and gated parking. Its prime location near Vanderbilt and Belmont ensures high rental demand and consistent ROI. This is an elite acquisition for Short-Term Rental Investors or Urban Professionals seeking a high-performing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1014 16th Ave S 109 Subject | $849,000* List Price | 2 | 2 | 932 | $899 | - |
A 1014 16th Ave S 107 Active | $769,000 List Price | 2 | 2 | 882 | $872 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2024, this property is brand new and features high-end modern finishes throughout. The kitchen is equipped with contemporary flat-panel cabinetry, quartz countertops, and stainless steel appliances, while the bathrooms showcase modern tiling and fixtures. All systems, flooring, and appliances are new, meeting the highest current quality standards with no deferred maintenance.
As a high-performing Non-Owner Occupied Short-Term Rental (NOO STR), the property boasts over $70,000 in 2025 bookings and a track record of 100+ five-star reviews, ensuring immediate cash flow for investors.
The property offers an unparalleled location in the heart of Music Row, providing walking distance to Vanderbilt and Belmont Universities and quick access to the high-demand tourism hub of Downtown Broadway.
Built in 2024 and sold fully furnished, the unit features high-end finishes and access to premium building amenities including a rooftop pool deck, fitness center, and gated parking with EV charging stations.
The monthly association fee of $643 is relatively high for a 932-square-foot unit, which may compress net profit margins for investors despite the strong gross rental income.
While the property is NOO eligible, the requirement for the new owner to re-permit creates a 2-3 week operational gap and leaves the business model subject to local short-term rental regulatory changes.
PROVEN NOO STR with over 100 5-star reviews, 70k in bookings in 2025 and over 55k in bookings through June 2026. This condo has earned Airbnb’s ‘Guest Favorite’ designation, placing it among the top-performing homes on the platform. The Crescendo Music Row offers unparalleled luxury in the heart of Music Row, minutes to Vanderbilt and Belmont, and just a short ride to Downtown Broadway. Completely turnkey and sold fully furnished, this stunningly styled 2Bed 2Bath condo keeps them booking. With rooftop amenities that showcase the incredible LOCATION of this building this unit has endless possibilities. Whether you are looking to continue with STR, provide a stylish midterm rental, or are looking for perfect low maintenance, high end lifestyle living. Billiards, Private pool deck with outdoor bar, Fitness Center, private conference room, professionally managed HOA, dedicated on-site management and security including cameras, Gated FREE parking garage with 49 Spaces for 46 units with 2 EV charging stations. NOO eligible due to zoning, new owner will be able to re permit (2-3 week process).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 62% |
| Baths | 2.0 | 1.0 | 69% |
| Square foot | 932 | 733 | 62% |
| Lot Size | 871 | 871 | 50% |
| Price | $849.0K | $287.5K | 88% |
| Price per sq ft | $911 | $391 | 96% |
| Built year | 2024 | 2007 | 92% |
| HOA | $643 | $376 | 85% |
| Days on market | 17 | 214 | 4% |
Apr 5, 2026
$849,000
Initial Listing