2704 Clifton Ave 404, Nashville, TN 37209, Nashville, 37209 - 2 bed, 3 bath
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Nashville, TN 37209
This penthouse represents a High-Potential Investment Opportunity, listed at a List Price of $599,900—positioned well below the $598,470 Fair Market Value (effectively at market). This 2022-built asset features a Mint Condition Rating and a massive 1,100 sq. ft. balcony with panoramic skyline views. As a bank-owned, STR-eligible property in a high-walkability urban corridor, it offers immediate rental utility. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a modern, low-maintenance city sanctuary with significant lifestyle appeal.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2704 Clifton Ave 404 Subject | $599,900* List Price | 2 | 3 | 1,304 | $459 | - |
A 2704 Clifton Ave 203 Active | $499,900 List Price | 2 | 2 | 1,135 | $440 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this nearly new penthouse is in mint condition with modern finishes, luxury amenities, and systems well under the 10-year threshold for excellent condition.
The penthouse features a massive 1,100 sq. ft. private balcony with panoramic Nashville skyline views, a rare luxury asset that significantly drives both rental demand and resale value.
Positioned as a bank-owned, Short-Term Rental (STR) eligible building, this property offers a turnkey opportunity for investors to capitalize on Nashville's high-demand vacation rental market.
Located in the heart of City Heights, the property is steps away from trendy amenities including Retrograde Coffee, a day spa, and a brand-new gym, ensuring a vibrant lifestyle for occupants.
Being a bank-owned property, it may involve 'as-is' purchase conditions and more rigid closing requirements compared to a traditional residential sale.
With multiple floor plans available in the same building starting at lower price points, owners may face significant internal competition for rental bookings and future price appreciation.
INVESTORS! TAKE ADVANTAGE OF THIS DEAL! BANK OWNED STR BUILDING! Nearly new penthouse condo with Skyline Views in the Heart of the City! Urban luxury meets unbeatable location in this 2 bed, 2.5 bath penthouse condo boasting incredible views of downtown FROM THE 1100 SQ FT BALCONY! WE HAVE MULTIPLE FLOOR PLANS STARTING IN THE LOW 300s! Enjoy elevator access and an impressive 5th-floor communal space—perfect for hosting events or capturing stunning city nightscapes. Step outside your door to experience the best of the neighborhood: Retrograde Coffee, Sanctuary Day Spa, and Sweets are just across the street. Walk a block to the new neighborhood market featuring a craft beer bar, or hit your goals at the brand-new gym nearby. Whether you’re looking for a lucrative STR property or a vibrant city sanctuary of your own, this penthouse delivers the ultimate mix of lifestyle, convenience, and ROI.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 58% |
| Baths | 3.0 | 1.0 | 67% |
| Square foot | 1,304 | 896 | 67% |
| Lot Size | 2,178 | 871 | 92% |
| Price | $599.9K | $363.7K | 83% |
| Price per sq ft | $460 | $380 | 92% |
| Built year | 2022 | 2017 | 67% |
| HOA | $326 | $195 | 92% |
| Days on market | 36 | 352 | 8% |
May 11, 2026
$599,900
Initial Listing