700 1st Ave N 504, Nashville, TN 37201, Nashville, 37201 - 2 bed, 2 bath
Loading property details...
Nashville, TN 37201
This Turnkey Short-Term Rental Asset is listed at $1,250,000, representing a stable entry point aligned with its $1,248,695 Fair Market Value. Boasting a Condition Rating of 2, this 2021-built residence features designer finishes and high-end LG appliances across two expansive levels. The property’s primary strength lies in its rare Non-Owner Occupied STR Zoning, paired with Panoramic Skyline and River Views from two private decks. Located in the high-growth East Bank redevelopment zone, this fully-furnished unit offers immediate income potential. It is a premier acquisition for Short-Term Rental Investors or Luxury Portfolio Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 1st Ave N 504 Subject | $1,250,000* List Price | 2 | 2 | 1,455 | $858 | - |
A 301 Demonbreun St 1120 Active | $900,000 List Price | 2 | 2 | 1,089 | $826 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is virtually new and meets the highest quality standards. The interior features modern designer finishes, including a sleek kitchen with high-end stainless steel LG appliances, contemporary dark cabinetry, and stone countertops. The open-concept layout, recessed lighting, and well-maintained flooring throughout indicate a turnkey residence with no deferred maintenance or physical depreciation.
The property is specifically zoned and approved for non-owner occupied short-term rentals, offering a rare and highly lucrative turnkey investment opportunity in Nashville's restricted rental market.
Positioned directly across from the East Bank redevelopment and within walking distance to downtown, the unit features two private decks with exceptional views of the Cumberland River and city skyline.
Built in 2021 and sold fully furnished with designer finishes, this spacious two-level residence allows for immediate operation and revenue generation without the need for additional capital improvements.
A monthly association fee of $642, combined with the $1.25M price point, necessitates high occupancy and premium nightly rates to maintain attractive cap rates for investors.
Being located in a dedicated short-term rental building means the unit faces direct competition from other similar listings within the same complex, which could impact pricing leverage during the off-season.
Capitalize on Nashville's East Bank redevelopment with a turn key STR In the Eve - a sleek and sophisticated short-term rental investment opportunity just steps from the vibrant energy of downtown Nashville. Located directly across the Cumberland River from the rapidly developing East Bank, this 2021-built modern residence has become a favorite among both investors and guests seeking luxury, comfort, and unbeatable location. This spacious 2-bedroom, 2-bath home offers two expansive levels of upscale living, featuring designer-selected finishes, clean modern lines, and thoughtful touches throughout. The open-concept layout flows seamlessly onto two private outdoor decks—perfect for morning coffee or evening cocktails overlooking the river and city skyline. Guests love the walkability to Nashville’s best: museums, dining hotspots, boutique retail, event venues, and the iconic Farmer’s Market are all just a short stroll away. Whether catering to weekend travelers, concertgoers, or business professionals, this unit delivers a five-star guest experience. For investors, this is a professionally managed, fully-furnished, turnkey STR in one of the hottest short-term rental markets in the country. Zoned and approved for non-owner-occupied short-term rental use, The Eve combines location, lifestyle, and income potential in one compelling package.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,455 | 1,090 | 83% |
| Lot Size | 1,307 | 871 | 89% |
| Price | $1.25M | $883.8K | 61% |
| Price per sq ft | $859 | $668 | 61% |
| Built year | 2021 | 2008 | 56% |
| HOA | $642 | $715 | 44% |
| Days on market | 64 | 252 | 6% |
Feb 17, 2026
$1,250,000
Initial Listing