
Nashville, TN 37203
This High-Potential Investment Opportunity is a new construction condominium listed at $1,209,900, positioned well below the $1,264,648 Fair Market Value by 4%. This valuation gap offers $54,748 in Instant Equity. Featuring a New Construction Condition Rating, this residence offers rare NOO-STR eligibility, a resort-style pool, and sweeping downtown views. It is a premier asset for Buy-and-Hold Investors or Owner-Occupants seeking a luxury urban lifestyle in the heart of Nashville’s 8th Avenue corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1107 8th Ave S 422 Subject | $1,209,900* List Price | 3 | 3 | 1,428 | $886 | - |
A 635 7th Ave S 409 Sold | $1,355,000 | 3 | 3 | 1,774 | $764 | 0.6 mi |
B 635 7th Ave S 409 Sold | $1,355,000 | 4 | 3 | 1,774 | $764 | 0.6 mi |
C 1212 Laurel St 2202 Sold | $1,550,000 | 2 | 3 | 1,565 | $990 | 0.8 mi |
D 1212 Laurel St 2202 Sold | $1,550,000 | 2 | 3 | 1,564 | $991 | 0.8 mi |
E 1212 Laurel St 1704 Sold | $1,275,000 List Price | 2 | 2 | 1,395 | 0.8 mi | |
F 1212 Laurel St Sold | $942,500 List Price | 2 | 2 | 1,395 | 0.8 mi | |
G 1107 8th Ave S 322 Active | $1,199,900 List Price | 3 | 3 | 1,428 | $840 | 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 contemporary finishes, a modern kitchen with integrated appliances, and brand-new mechanical systems and infrastructure.
The property is eligible for a rare Non-Owner Occupied Short-Term Rental (NOO-STR) permit, offering significant income potential through a professionally managed hospitality program.
Centrally located along the 8th Avenue corridor, the residence is minutes from The Gulch, Vanderbilt University, and downtown Nashville, ensuring high demand and long-term appreciation.
Residents have access to high-end lifestyle amenities, including a resort-style pool, infrared sauna, cold plunge, and co-working spaces, catering to modern professional and traveler needs.
The monthly association fee of $1,157 is substantial and may impact the net cash flow for investors or the monthly budget for primary residents.
With construction completion not scheduled until mid-2027, buyers face a significant wait time before the property can be occupied or generate rental income.
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 4-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 Three-bedroom. See floor plan in photos. The Modernest Gulch View sits centrally along the 8th Avenue corridor steps from the newly announced Equinox and under 5 minutes from 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 90% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 1,428 | 1,130 | 75% |
| Lot Size | - | 1,307 | 21% |
| Price | $1.21M | $419.9K | 85% |
| Price per sq ft | $847 | $433 | 90% |
| Built year | 2027 | 2014 | 98% |
| HOA | $1157 | $520 | 92% |
| Days on market | 43 | 495 | 2% |
May 7, 2026
$1,209,900
Initial Listing