1014 16th Avenue S 302, Nashville, TN 37212, Nashville, 37212 - 2 bed, 2 bath
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Nashville, TN 37212
This High-Potential Investment Opportunity is listed at a List Price of $735,000, which aligns with its $735,000 Fair Market Value, reflecting a stable and fair market entry. As a 2024 new construction with a Mint Condition Rating, this property offers immediate operational readiness. Key features include non-owner occupied STR eligibility, panoramic downtown views, and resort-style amenities like a private pool and fitness center. This asset is perfectly positioned for Buy-and-Hold Investors or part-time residents seeking a high-performing, low-maintenance property in the heart of Nashville’s Music Row.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1014 16th Avenue S 302 Subject | $735,000* List Price | 2 | 2 | 932 | $789 | - |
A 1014 16th Ave S 211 Sold | $565,000 | 2 | 1 | 673 | $840 | 0.0 mi |
B 1014 16th Ave S 203 Active | $799,000 List Price | 2 | 2 | 953 | $838 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a new 2024 construction in mint condition. The kitchen features modern flat-panel cabinetry, stainless steel appliances, and quartz countertops. As a brand-new build, all systems including HVAC and electrical are new and require no maintenance.
The property is non-owner occupied Short-Term Rental (STR) eligible, offering a high-performing investment opportunity in a city with exceptionally strong nightly rental demand.
Situated in the heart of Music Row, the unit is minutes from Vanderbilt University, the Gulch, and Broadway, ensuring high desirability for both tourists and professionals.
As a 2024 new construction, the building features premium amenities including a private pool, fitness center, and enclosed garage parking, which are rare for boutique developments.
The monthly HOA fee of $643 is relatively high for a 932-square-foot unit, which may impact the net ROI for investors and monthly affordability for residents.
At 932 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel constrained for long-term residents or larger groups.
SIEZE THE SUMMER stay and plan your ideal investment property in the Heart of Music Row Nashville. Completed late 2024, Crescendo Music Row remains the best in class non-owner occupied STR eligible property built to date with strong nightly rental. Whether you are looking for a full time or part-time residence, seeking a proven adaptable investment or a high-performing 1031 exchange option you will find it at Crescendo! A boutique collection of 46 condos with the quality, flexibility, amenities and location that cannot be beat. Resort style amenities make you want to stay put while the location is perfect to explore all there is to see, do & hear in Nashville. Take in panoramic sunsets and downtown views from the sprawling outdoor patio and owners lounge. Enjoy free parking in enclosed garage, private pool and fitness center. Plus, strong nightly-rental demand given its perfect proximity to Vanderbilt and Belmont University campuses, Vanderbilt University Medical Center, the Gulch, 12 South and minutes from Broadway and Downtown.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 56% |
| Baths | 2.0 | 1.0 | 61% |
| Square foot | 932 | 818 | 50% |
| Lot Size | - | 653.5 | 17% |
| Price | $735.0K | $336.0K | 83% |
| Price per sq ft | $789 | $417 | 89% |
| Built year | 2024 | 2007 | 89% |
| HOA | $643 | $432 | 78% |
| Days on market | 1740 | 249 | 94% |
Aug 31, 2021
$735,000
Initial Listing