635 7th Ave, S 503, Nashville, TN 37203, Nashville, 37203 - 1 bed, 1 bath
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This High-Potential Investment Opportunity is a NOO-STR Condominium listed at $719,900, positioned above the $618,419 Fair Market Value. While the property commands a premium, its Mint Condition Rating and status as a fully furnished, turnkey asset in a high-demand downtown location mitigate risk. Featuring a private balcony with resort-style pool views, this unit is optimized for immediate revenue generation. It serves as a strategic acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a high-performing, professionally curated asset in the heart of Nashville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 635 7th Ave Subject 1 bd · 1 ba · 762 sqft · $812 | $719,900* List Price | 1 | 1 | 762 | $812 | - |
A 635 7th Ave S 417 Sold 1 bd · 1 ba · 729 sqft · $714 · 0.0 mi | $520,500 | 1 | 1 | 729 | $714 | 0.0 mi |
B 1212 Demonbreun St 2114 Sold 1 bd · 1 ba · 746 sqft · $688 · 0.5 mi | $513,547 | 1 | 1 | 746 | $688 | 0.5 mi |
C 50 Music Sq W 524 Sold 2 bd · 2 ba · 766 sqft · $890 · 0.9 mi | $681,900 | 2 | 2 | 766 | $890 | 0.9 mi |
D 1212 Laurel St 2009 SE Sold 1 bd · 1 ba · 846 sqft · $680 · 0.4 mi | $575,200 | 1 | 1 | 846 | $680 | 0.4 mi |
E 635 7th Ave S 218 Active 1 bd · 1 ba · 731 sqft · $882 · 0.0 mi | $645,000 List Price | 1 | 1 | 731 | $882 | 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 less than 10 years old and in mint condition. It features modern designer upgrades, brand-new systems, and high-end finishes, requiring no maintenance.
The property is fully approved for non-owner occupied short-term rentals in a high-demand downtown location, offering immediate revenue potential as a turnkey asset.
Located steps from Broadway and The Gulch, the unit offers a prime vantage point overlooking the resort-style pool deck and access to luxury building amenities like a concierge and fitness center.
Includes nearly $10,000 in custom upgrades and high-end furnishings, providing a professionally curated aesthetic that is ready for immediate guest occupancy without additional investment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 754.
The property has been active for 180 days, which may suggest a disconnect between the initial asking price and current market demand or high competition within the development.
At approximately $945 per square foot, the listing sits at the higher end of the market, which could impact the overall cap rate for investors despite the high rental income potential.
NEW PRICE AND 3% TOWARDS CLOSING! Walk to Broadway with this High income-producing NOO-STR condo in the heart of Downtown Nashville where design, location, and revenue potential align? Own the ultimate experience, not just the property. Welcome to The Wildhorse at HYVE, a fully furnished, Positioned on a premium floor overlooking HYVE’s resort-style pool deck, Unit 503 offers a rare vantage point with direct views of cabanas, fire pits, and outdoor lounge areas. The private balcony, accessible from both the living room and bedroom, creates the perfect extension of the living space for relaxing or hosting in the center of the city. Inside, nearly $10,000 in intentional upgrades (ask agent for upgrades list) and furnishings elevate this unit beyond the typical rental. Designer pieces, custom wall murals, upgraded lighting, and a premium king bedroom setup create a cohesive modern western feel that photographs beautifully and performs. Every detail has been selected with guest appeal and durability in mind, delivering a true turnkey opportunity ready from day one. HYVE is one of Downtown Nashville’s most desirable NOOSTR-approved communities offering a resort-style pool, fitness center, concierge, co-working lounge, and secure access. Located just steps from the Country Music Hall of Fame, Music City Center, Bridgestone Arena, Broadway, and The Gulch. A rare opportunity to own a high-performing, fully realized STR asset in one of Nashville’s most sought-after locations. **3% includes 1% when buyers uses preferred lender CareyAnn and My Mortgage Team at CMG
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 762 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $719.9K | $347.6K |
| Price per sq ft | $945 | $343 |
| Built year | 2023 | 2007 |
| HOA | $493 | $334 |
| Days on market | 208 | 92 |
Mar 30, 2026
$719,900
Initial Listing