
Nashville, TN 37203
This new construction development represents a High-Potential Investment Opportunity, listed at $909,900—positioned above the $770,457 Fair Market Value. While priced at a premium, the property offers rare NOO-STR eligibility in the 8th Avenue corridor, providing significant income-generating potential. Featuring a New Construction Condition Rating, the unit includes premium contemporary finishes, a resort-style pool, and panoramic downtown views. This asset is designed for Buy-and-Hold Investors and Short-Term Rental Operators seeking a turnkey, professionally managed hospitality asset in a high-demand urban location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1107 8th Ave S 414 Subject | $909,900* List Price | 2 | 2 | 1,037 | $743 | - |
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 1212 Laurel St Sold | $942,500 List Price | 2 | 2 | 1,395 | 0.8 mi | |
D 1107 8th Ave S 314 Active | $899,900 List Price | 2 | 2 | 1,037 | $868 | 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 high-end integrated appliances, and brand-new mechanical systems.
The property is eligible for a Non-Owner Occupied Short-Term Rental (NOO-STR) permit, a rare and highly sought-after feature in Nashville that maximizes income potential for investors.
Centrally located along the 8th Avenue corridor, the residence offers exceptional walkability to The Gulch, Music Row, and the newly announced Equinox, ensuring high demand.
The development features high-end lifestyle amenities including a resort-style pool, infrared sauna, cold plunge, and a professional co-working space, catering to modern urban dwellers.
With completion not scheduled until mid-2027, buyers must account for a significant lead time before the property can be occupied or generate rental revenue.
The monthly association fee of $840 is relatively high for a 1,037-square-foot unit, which may compress net profit margins for short-term rental operators.
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! 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, 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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,037 | 1,108 | 42% |
| Lot Size | 57,064 | 1,307 | 98% |
| Price | $909.9K | $419.9K | 83% |
| Price per sq ft | $877 | $433 | 90% |
| Built year | 2027 | 2014 | 98% |
| HOA | $840 | $520 | 79% |
| Days on market | 41 | 495 | 2% |
May 8, 2026
$909,900
Initial Listing