
Nashville, TN 37203
This High-Potential Investment Opportunity is a luxury condominium listed at a List Price of $1,370,000, which aligns with its $1,370,000 Fair Market Value. As a 2026 new construction project, the property holds an Excellent Condition Rating, ensuring zero immediate maintenance. Featuring a panoramic Nashville skyline view and resort-style amenities, this asset is purpose-built for the short-term rental market. Given its prime downtown location and STR-eligible status, this is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking high-yield, turnkey revenue generation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 623 Middleton Street 302 Subject 4 bd · 3 ba · 1,559 sqft · $879 | $1,370,000* List Price | 4 | 3 | 1,559 | $879 | - |
A 1616 West End Ave 3004 Sold 2 bd · 3 ba · 1,412 sqft · $829 · 1.0 mi | $1,170,000 | 2 | 3 | 1,412 | $829 | 1.0 mi |
B 1616 West End Ave 3106 Sold 2 bd · 2 ba · 1,315 sqft · $992 · 1.0 mi | $1,305,000 | 2 | 2 | 1,315 | $992 | 1.0 mi |
C 635 7th Ave S 609 Active 3 bd · 3 ba · 1,502 sqft · $1,032 · 0.1 mi | $1,550,000 List Price | 3 | 3 | 1,502 | $1,032 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
New construction luxury development with a 2026 completion date. Features brand new systems, modern architecture, and high-end finishes, requiring zero maintenance.
The property is fully STR-eligible in Nashville's booming tourism market, offering a rare and lucrative opportunity for high-yield short-term rental income.
Situated steps from Broadway, Nissan Stadium, and Bridgestone Arena, the location ensures maximum visibility and convenience for guests and travelers.
As a 2026 new build, the development features sleek architecture and resort-style amenities designed to compete with Nashville’s top-tier hotels.
The monthly association fee of $1,158 is substantial and will require high occupancy rates to maintain strong net profitability.
With a 2026 completion date and nearly 500 days on market, investors face a significant wait time before the property can begin generating revenue.
Discover Allegro, Nashville's premier investment in the Short-Term Rental Market! For investors ready to expand their short-term rental portfolio or make their very first purchase, Allegro offers an unparalleled opportunity. This luxury development represents the rare trifecta every investor seeks: a prime location, strong long-term growth potential, and flexible ownership options, all within Nashville’s most dynamic emerging neighborhood. In a prime downtown location situated just steps from Broadway, Allegro places guests at the center of Nashville’s energy. From world-renowned honky-tonks and live music venues to celebrated restaurants and rooftop bars, the very best of downtown is within walking distance. Proximity to Nissan Stadium, Bridgestone Arena, Music City Center, and countless cultural attractions makes this development a top choice for visitors seeking convenience and unforgettable experiences. Boasting modern luxury & elevated design Allegro combines sleek modern architecture with resort-style amenities designed to impress today’s discerning traveler. Every detail has been thoughtfully curated, from the striking exterior to the beautifully appointed interiors, ensuring a guest experience that rivals Nashville’s best hotels while offering the privacy and flexibility of a short-term rental. Nashville's thriving STR market consistently ranks among the nation’s top travel destinations, drawing millions of visitors year after year. This steady stream of demand translates to strong occupancy rates, premium nightly rates, and impressive ROI for investors. Allegro’s STR-eligible status makes it a rare and highly valuable asset for those looking to capitalize on Music City’s booming tourism industry. Opportunities to own a luxury condo with STR eligibility in downtown Nashville are few and far between. Allegro stands out not only for its prime location but also for its exceptional rental income potential. Don't miss out on limited pre-sale pricing!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,559 | 1,009.514 |
| Lot Size | - | 871 |
| Price | $1.37M | $347.6K |
| Price per sq ft | $879 | $343 |
| Built year | 2026 | 2007 |
| HOA | $1158 | $334 |
| Days on market | 514 | 92 |
May 28, 2025
$1,370,000
Initial Listing