635 7th Ave S 403, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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Nashville, TN 37203
This Turnkey Luxury STR Asset is listed at $675,000, representing a strategic valuation compared to the $561,332 Fair Market Value due to its rare NOO STR permit and $60,000 annual income. Built in 2023, the property maintains an Excellent Condition Rating with hardwood flooring, city views, and a private balcony. Upscale amenities including a resort-style pool and fitness center drive high occupancy near Broadway and The Gulch. This is a high-performance acquisition for Short-Term Rental Investors and Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 635 7th Ave S 403 Subject | $675,000* List Price | 1 | 1 | 762 | $737 | - |
A 635 7th Ave S 417 Active | $554,000 List Price | 1 | 1 | 729 | $760 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2023, meeting the criteria for a newly built home. The interior features high-end modern finishes, including hardwood flooring throughout, a contemporary kitchen with stainless steel Samsung appliances and quartz countertops, and a modern bathroom with a backlit mirror and updated fixtures. All components are new with no signs of wear or deferred maintenance.
As a rare Non-Owner-Occupied Short-Term Rental (NOO STR) with a proven annual income of $60,000, this property offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand market.
Ideally situated within walking distance to Broadway, The Gulch, and downtown Nashville, the property provides guests and residents unparalleled access to the city's top entertainment, dining, and shopping destinations.
Built in 2023, the Hyve building features upscale community assets including a resort-style pool, state-of-the-art gym, on-site concierge, and co-working spaces, significantly enhancing its rental appeal and resident experience.
With a list price of $675,000 for 762 square feet, the property commands a significant premium of approximately $885 per square foot, which may be a barrier for value-conscious buyers.
Being a one-bedroom unit permitted for a maximum of four guests, the property may face stiff competition from larger multi-bedroom short-term rentals that can accommodate bigger groups and families.
This one is an INCOME PRODUCER!! With annual income at $60,000 it’s a great way to get started with your STR adventures or add to your portfolio! Step into effortless style and modern living at Hyve. This thoughtfully designed condo features hardwood flooring throughout, and an open living room that flows seamlessly to a large balcony with entrances off the living room and bedroom. The beautifully designed interior invites you into a first-class Nashville experience with an open living area featuring amazing views, a fully equipped kitchen, and cozy sleeping arrangements. Building amenities enhance the rental appeal, offering a pool, state-of-the-art gym, on-site concierge, co-working space, and more. This NOO STR (Non-Owner-Occupied Short-Term Rental) is permitted for up to 4 guests and is one of the only high rise STRs within walking distance to downtown shops, restaurants, and entertainment options making Honky-Tonk Hideaway a proven high occupancy investment property. So whether you're seeking a full-time residence or a smart investment, Honky-Tonk Hideaway at the Hyve offers unparalleled flexibility just minutes from The Gulch, Broadway, and Downtown Nashville.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 37% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 762 | 1,092 | 18% |
| Lot Size | 871 | 871 | 50% |
| Price | $675.0K | $466.3K | 72% |
| Price per sq ft | $886 | $429 | 93% |
| Built year | 2023 | 2014 | 85% |
| HOA | $297 | $489 | 33% |
| Days on market | 212 | 300 | 21% |
Sep 23, 2025
$675,000
Initial Listing