700 12th Ave S 1206, Nashville, TN 37203, Nashville, 37203 - 2 bed, 3 bath
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700 12th Ave S 1206
Nashville, TN 37203
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,620Sq Ft
1,742Lot Size
Property Price
LIST PRICE$950,000
EST. MARKET VALUE
$928,760
SUMMARY
This Turnkey Condominium at Terrazzo represents a High-Potential Investment Opportunity, listed at $950,000—positioned slightly above the $928,760 Fair Market Value. While the list price reflects a premium for its 12th-floor corner location and panoramic city skyline views, the property maintains a Condition Rating of 3, ensuring a move-in ready experience. With 24-hour concierge service, a pool, and two dedicated parking spaces, this residence offers a sophisticated urban lifestyle. It is an ideal acquisition for Urban Professionals or Owner-Occupants seeking a premium Gulch address.
Estimated Market Value
$928,760
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 12th Ave S 1206 Subject | $950,000* List Price | 2 | 3 | 1,620 | $573 | - |
A 600 12th Ave S 2000 Sold | $850,000 | 2 | 2 | 1,250 | $680 | 0.1 mi |
B 600 12th Ave S 413 Sold | $750,000 | 2 | 2 | 1,108 | $677 | 0.0 mi |
C 1212 Laurel St 1815 Sold | $875,000 | 2 | 2 | 1,222 | $716 | 0.3 mi |
D 600 12th Ave S 433 Sold | $679,000 List Price | 2 | 2 | 1,108 | 0.1 mi | |
E 1212 Demonbreun St 1402 Sold | $845,000 | 2 | 2 | 1,146 | $737 | 0.3 mi |
F 1212 Demonbreun St 1802 Sold | $800,000 | 2 | 2 | 1,147 | $697 | 0.3 mi |
G 700 12th Ave S 1109 Active | $839,900 List Price | 2 | 3 | 1,465 | $573 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2009 (17 years old), the property falls within the 10-20 year age bracket. It is well-maintained and move-in ready, featuring updated LVP flooring, a functional modern kitchen with stainless steel appliances, and contemporary bathrooms that show no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Living Space
At over 1,600 square feet, this corner residence offers a rare level of spaciousness for the Gulch, featuring a wraparound balcony and a flexible layout that avoids the typical constraints of urban condo living.
- Full-Service Amenities
The LEED-certified Terrazzo provides a premium lifestyle with 24-hour concierge service, a comprehensive amenity level including a pool and fitness center, and the high-value inclusion of two dedicated parking spaces.
- Premier Urban Location
Situated in the heart of the Gulch, the property boasts high walkability to Nashville’s most celebrated dining, shopping, and entertainment, offering an ideal lifestyle for those seeking an active city core experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 1981.
- High Carrying Costs
The monthly association fee of $1,179 is substantial, and when combined with the $800 move-in fee, it represents a significant financial commitment beyond the mortgage and taxes.
- Underperforming School District
The assigned public schools carry low ratings (ranging from 2 to 4), which may limit the property's appeal to families and potentially impact long-term resale value.
About 700 12th Ave S 1206
Condo living without sacrificing space—this 12th-floor corner residence at Terrazzo offers over 1,600 square feet with 2 bedrooms, 2.5 baths, LVP flooring throughout, and a wraparound balcony with south-facing views toward Edgehill Village. The spacious layout gives you the flexibility that's hard to find in the Gulch, whether you need room to entertain, work from home, or simply don't want to downsize your day-to-day living. Two dedicated parking spaces are included. The LEED Certified Terrazzo offers 24-hour concierge service along with a full amenity level featuring the pool, fitness center, resident lounge, and outdoor gathering spaces. And with a location in the Gulch, you're just minutes from downtown and surrounded by some of Nashville's best restaurants, shopping, and entertainment. Full size freight elevator available to reserve for move in. $800 Move In fee collected by Terrazzo at closing.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2009
- Lot Size
- 1,742 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1179 / Month
Neighborhood Insights
Nashville Unified Schools
Buena Vista Elementary Enhanced Option
Grades PK-4 • 2.0 mi
4/10
John Early Paideia Middle Magnet
Grades 5-8 • 2.8 mi
3/10
Pearl Cohn Magnet High School
Grades 9-12 • 2.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,620 | 1,009.207 |
| Lot Size | 1,742 | 871 |
| Price | $950.0K | $339.9K |
| Price per sq ft | $586 | $344 |
| Built year | 2009 | 2007 |
| HOA | $1179 | $329 |
| Days on market | 21 | 91 |
Pricing History
Listed for Sale
Aug 19, 2026
$950,000
Initial Listing