635 7th Ave S 501, Nashville, TN 37203, Nashville, 37203 - 2 bed, 2 bath
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Nashville, TN 37203
This Prime Investment Opportunity is listed at $885,000, positioned slightly above the $880,467 Fair Market Value. As a 2023 build in Mint Condition, this DTC-zoned asset offers immediate Short-Term Rental (STR) eligibility in Nashville’s high-demand tourism corridor. Featuring a wrap-around balcony with panoramic skyline views, the unit provides a premium guest experience. While the $984 monthly HOA fee requires careful cash-flow modeling, the property’s walkability to Broadway and professional design make it a compelling acquisition for Buy-and-Hold Investors or Passive Income Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 635 7th Ave S 501 Subject | $885,000* List Price | 2 | 2 | 1,491 | $591 | - |
A 635 7th Ave S 208 Sold | $775,000 List Price | 1 | 1 | 1,216 | 0.0 mi | |
B 1212 Laurel St Sold | $942,500 List Price | 2 | 2 | 1,395 | 0.5 mi | |
C 1212 Laurel St 605 Sold | $775,000 | 2 | 2 | 1,207 | $642 | 0.4 mi |
D 1212 Laurel St 302 Sold | $800,000 | 2 | 2 | 1,470 | $544 | 0.4 mi |
E 1510 Demonbreun St 1503 Sold | $680,000 | 2 | 2 | 1,323 | $514 | 0.6 mi |
F 1510 Demonbreun St 1503 Sold | $680,000 | 2 | 2 | 1,323 | $514 | 0.6 mi |
G 635 7th Ave S 504 Active | $1,125,000 List Price | 3 | 2 | 1,775 | $634 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in mint, turn-key condition. It features modern professionally designed interiors, contemporary bathrooms with high-end finishes, and brand-new mechanical systems, requiring zero maintenance.
Zoned DTC and walkable to Broadway and major arenas, this property offers the most secure and lucrative short-term rental potential in Nashville's high-demand tourism corridor.
As a 2023 build, the unit is professionally designed and move-in ready, supported by premium building amenities including a pool, concierge, and fitness center.
Featuring a rare wrap-around balcony and 1,491 sqft of living space, the unit provides superior views of the Gulch and Downtown, distinguishing it from smaller, standard STR units.
The association fee of $984 per month represents a significant recurring expense that could impact the net cash flow and overall cap rate for investors.
Located in a high-density STR complex, the unit faces direct competition from numerous similar listings within the same building, which may affect occupancy rates and pricing power.
Welcome to Hyve, the highest producing STR complex in Nashville. Don't miss this beautiful Turn Key Non Owner Occupied Short Term Rental (STR) eligible Condo that is walkable to Broadway, Music City Center, Bridgestone Arena, Ryman Auditorium and Ascend Amphitheater. Zoned DTC- the most secure STR zoning available. The building offers a stunning outdoor oasis which includes a pool, lounge chairs, cabanas, and grills. Additional amenities include a beautiful lobby with onsite concierge, security, community lounge, covered garage parking and fitness center. The unit itself offers a beautiful turn key professionally designed space that appeals to a wide range of guests. The views of the Gulch and Downtown from the living room and wrap around balcony truly set this unit apart from other STR offerings. If you are looking for the best STR deal in Nashville you have found it. Don't miss your opportunity to invest in a property that offers cash flow, bonus depreciation & tax sheltering opportunities thats walkable to Broadway. Schedule a showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,491 | - |
| Lot Size | 1,307 | - |
| Price | $885.0K | $403.0K |
| Price per sq ft | $594 | $378 |
| Built year | 2023 | 0 |
| HOA | $984 | $0 |
| Days on market | 10 | 193 |
Jul 1, 2026
$885,000
Initial Listing