
Nashville, TN 37203
This High-Potential Investment Opportunity is listed at $959,900, which sits above the $845,365 Fair Market Value. As a New Construction asset with a Condition Rating of 2, this property offers a rare NOO-STR permit eligibility in the 8th Avenue corridor. Featuring a Premium Corner Layout with an enclosed den and sweeping downtown views, the unit provides luxury amenities including a resort-style pool and co-working spaces. This is an ideal acquisition for Buy-and-Hold Investors or Second-Home Owners seeking a professionally managed, income-generating asset in Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1107 8th Ave S 323 Subject | $959,900* List Price | 3 | 2 | 1,139 | $742 | - |
A 635 7th Ave S 208 Sold | $775,000 List Price | 1 | 1 | 1,216 | 0.6 mi | |
B 1212 Laurel St 605 Sold | $775,000 | 2 | 2 | 1,207 | $642 | 0.8 mi |
C 1107 8th Ave S 611 Active | $999,900 List Price | 3 | 2 | 1,096 | $912 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
New construction with a 2027 completion date. Features premium finishes, contemporary interiors, and brand-new mechanical systems in mint condition.
The property is eligible for a rare Non-Owner Occupied Short-Term Rental (NOO-STR) permit in Nashville, supported by a professional management program for maximum income potential.
As a corner unit featuring an enclosed den that functions as a third bedroom, this residence offers enhanced natural light, superior views, and a flexible floor plan.
Residents have access to high-end facilities including a resort-style pool, infrared sauna, cold plunge, and co-working spaces, situated in the prime 8th Avenue corridor.
The monthly association fee of $923 is substantial, which may compress net rental yields for investors or increase the total cost of ownership for residents.
With completion not scheduled until mid-2027, buyers must navigate a long lead time and potential market fluctuations before the property is ready for occupancy.
This is one of the few new developments in Nashville where a non-owner occupied short-term rental NOO-STR permit is actually obtainable. 1 to 3-bedrooms from the $500s, with a hospitality-inspired professionally managed STR program already in place. Buy it, furnish it, live in it or let it work for you! This particular residence is a two-bedroom with a den. The enclosed den functions as a true third room, making it ideal as a home office, guest space, or additional sleeping area. The unit is also a corner unit which will feature an incredible view. The Modernest Gulch View sits centrally along the 8th Avenue corridor steps from the newly announced Equinox and close to Vanderbilt University, Music Row, The Gulch and Downtown. Residences feature contemporary interiors, premium finishes, open layouts, and private outdoor spaces. Amenities include a resort-style pool and terrace, fitness and yoga studio, infrared sauna and cold plunge, co-working spaces and coffee and wine bar. Many residences offer sweeping views of downtown Nashville. Furnished and unfurnished options available. Construction is underway with deliveries commencing in mid 2027.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,139 | - |
| Lot Size | - | - |
| Price | $959.9K | $403.0K |
| Price per sq ft | $843 | $378 |
| Built year | 2027 | 0 |
| HOA | $923 | $0 |
| Days on market | 17 | 193 |
Jun 24, 2026
$959,900
Initial Listing