1014 16th Avenue S 309(B3), Nashville, TN 37212, Nashville, 37212 - 2 bed, 2 bath
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, Nashville, TN 37212&=s800-h600)
Nashville, TN 37212
This Luxury NOO STR Eligible Condo is listed at $825,000, representing a stable acquisition aligned with its $821,278 Fair Market Value. Boasting a Pristine Condition Rating as a 2024 new construction, the unit features a contemporary kitchen and luxury finishes. Residents enjoy premier amenities including a rooftop pool, fitness center, and panoramic downtown views from the heart of Music Row. Its rare eligibility for non-owner occupied short-term rentals ensures high-yield potential in a high-demand tourism corridor. This turnkey asset is perfectly suited for Short-Term Rental Investors or Urban Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1014 16th Avenue S 309(B3) Subject | $825,000* List Price | 2 | 2 | 932 | $881 | - |
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.
This property is a 2024 new construction, meeting the highest standards of quality. The interior features a contemporary design with a modern kitchen including stainless steel GE appliances, quartz countertops, and white subway tile backsplash. The unit boasts luxury vinyl plank flooring, designer pendant lighting, and brand-new systems throughout, with no physical depreciation or deferred maintenance.
The property is NOO STR (Non-Owner Occupied Short Term Rental) eligible, offering a rare and lucrative opportunity for investors to generate high-yield income in a high-demand Nashville market.
Perfectly situated on the 'real' Music Row between Vanderbilt and Belmont Universities, this location ensures consistent demand from tourists, academics, and professionals alike.
Residents have access to top-tier amenities including a rooftop pool deck, fitness center, EV charging stations, and a gated parking garage, providing a luxury lifestyle experience.
Priced at approximately $885 per square foot, this unit sits at the higher end of the market, which may challenge appraisal values or initial investment returns.
The monthly association fee of $643 is relatively high for a two-bedroom unit of this size, adding a significant fixed expense to the owner's monthly budget.
Get in before Nashville's Destination Traffic Begins! Contemporary style meets Music City charm at Crescendo! This NOO STR eligible condo is on the "REAL" Music Row! Southwest facing 2BD|2BA. Best in Class, Best in Location and Best Performing flexible private ownership building in town. Take in panoramic sunsets & downtown views from the sprawling outdoor patios and owners lounge. Roof Top amenities embrace the warmth of the golden hour on Music Row nestled between Vanderbilt and Belmont Universities. Enjoy sunset and downtown views from the sprawling outdoor patios or the owners lounge and billiards room where all have access. Other amenities include private pool deck with outdoor bar area | Fitness room | Private conference room | professionally managed HOA | dedicated on-site management and security | fully-gated and FREE parking garage | EV charging stations and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 60% |
| Baths | 2.0 | 1.0 | 68% |
| Square foot | 932 | 762 | 60% |
| Lot Size | - | 871 | 12% |
| Price | $825.0K | $295.0K | 88% |
| Price per sq ft | $885 | $384 | 96% |
| Built year | 2024 | 2007 | 92% |
| HOA | $643 | $383 | 84% |
| Days on market | 1696 | 224 | 96% |
Aug 31, 2021
$825,000
Initial Listing