
Nashville, TN 37203
This Allegro luxury condo represents a High-Potential Investment Opportunity, listed at a List Price of $1,350,000, which aligns perfectly with the $1,350,000 Fair Market Value. As a new construction asset with a Mint Condition Rating, this property offers a turnkey, low-maintenance profile. Featuring a 4-bedroom, 4-bathroom layout and panoramic skyline views, it is specifically optimized for Nashville’s high-demand short-term rental market. This is a premier acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a high-yield, STR-eligible asset in the heart of downtown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 623 Middleton Street 507 Subject 4 bd · 4 ba · 1,516 sqft · $891 | $1,350,000* List Price | 4 | 4 | 1,516 | $891 | - |
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.
This is a new construction luxury development with a 2026 completion date. As a pre-sale property, all systems (HVAC, Electric), kitchens, and baths will be brand new and in mint condition, requiring no maintenance.
The property is specifically zoned for short-term rentals in Nashville's high-demand market, offering a rare and valuable asset for investors seeking high ROI.
Located steps from Broadway and major venues like Nissan Stadium, the property offers unparalleled walkability to Nashville's top tourist attractions.
The 4-bedroom, 4-bathroom configuration is expertly designed to maximize occupancy and nightly rates by accommodating larger groups of travelers.
The monthly association fee of $1,135 is significant and will impact the property's net operating income and overall cash flow.
With a 2026 completion date, there is a substantial waiting period before the asset can generate income, exposing investors to market and construction risks.
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 | 4.0 | 2.0 |
| Square foot | 1,516 | 1,009.514 |
| Lot Size | - | 871 |
| Price | $1.35M | $347.6K |
| Price per sq ft | $891 | $343 |
| Built year | 2026 | 2007 |
| HOA | $1135 | $334 |
| Days on market | 514 | 92 |
May 28, 2025
$1,350,000
Initial Listing