2704 Clifton Ave 404, Nashville, TN 37209, Nashville, 37209 - 2 bed, 3 bath
Loading property details...
Nashville, TN 37209
Reflecting market trends for premium urban units, this Luxury STR-Eligible Penthouse is listed at $599,900, representing a stable entry point aligned with its $598,430 Fair Market Value. Boasting a Virtually New Condition Rating, the 2022-built residence features a massive 1,100 sq. ft. private balcony with panoramic downtown Nashville views. As a bank-owned asset in a building approved for short-term rentals, the property offers a rare combination of turnkey luxury and high-ROI potential in walkable City Heights. This is an elite acquisition for Short-Term Rental Investors or Urban Professionals.
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 | $511,000 List Price | 2 | 2 | 1,161 | $440 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this penthouse condo is in nearly new condition, meeting the highest quality standards. The interior features modern luxury finishes including wide-plank flooring, a contemporary kitchen with minimalist cabinetry and black designer hardware, recessed lighting, and high-end sliding glass doors. The property shows no signs of wear and includes a massive, well-maintained 1,100 sq. ft. private balcony with artificial turf.
As a bank-owned property in an STR-eligible building, this penthouse offers a high-ROI opportunity for investors looking to capitalize on Nashville's lucrative short-term rental market.
The unit features a rare 1,100 sq. ft. private balcony with panoramic downtown skyline views, nearly doubling the functional square footage and providing a premier space for entertaining.
Located in the heart of City Heights, the property is steps away from popular local amenities including Retrograde Coffee, boutique spas, and a new neighborhood market with a craft beer bar.
Being a bank-owned (REO) property, it is likely sold in as-is condition with limited seller disclosures, which may necessitate a more rigorous inspection and due diligence process.
The availability of multiple floor plans and units within the same building starting at lower price points could create significant competition for rental occupancy and future resale value.
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 | 1.5 | 50% |
| Baths | 3.0 | 1.0 | 82% |
| Square foot | 1,304 | 896 | 82% |
| Lot Size | 2,178 | 871 | 95% |
| Price | $599.9K | $346.2K | 91% |
| Price per sq ft | $460 | $387 | 86% |
| Built year | 2022 | 2020 | 64% |
| HOA | $326 | $198 | 95% |
| Days on market | 33 | 267 | 5% |
Mar 20, 2026
$599,900
Initial Listing