
Nashville, TN 37204
This Prime Investment Opportunity at The Forsythe is a New Construction Condominium listed at $428,000, which is positioned above the $376,563 Fair Market Value. While not a discount play, the property offers a New Condition Rating with high-end finishes and a Private Pool. As the first new development in 12South in a decade, it provides significant long-term value and rental potential with its investor-friendly 90-day lease policy. This is an ideal acquisition for Buy-and-Hold Investors or Urban Professionals seeking a modern, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 825 Gale Ln 29 Subject | $428,000* List Price | 1 | 1 | 930 | $405 | - |
A 2407 8th Ave S 205 Sold | $342,500 | 1 | 1 | 890 | $385 | 0.6 mi |
B 2407 8th Ave S 205 Sold | $342,500 | 1 | 1 | 890 | $385 | 0.6 mi |
C 808 Knox Ave A Sold | $380,000 | 2 | 1 | 837 | $454 | 0.4 mi |
D 2201 8th Ave S 204 Sold | $372,500 | 1 | 1 | 1,067 | $349 | 0.9 mi |
E 2201 8th Ave S 204 Sold | $372,500 | 1 | 1 | 1,067 | $349 | 0.9 mi |
F 2201 8th Ave S 204 Sold | $372,500 | 1 | 1 | 1,067 | $349 | 0.9 mi |
G 2407 8th Ave S 314 Active | $339,900 List Price | 1 | 1 | 966 | $352 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
New construction with a 2026 completion date. The property features a high-end modern kitchen with stone countertops, designer lighting, and brand-new systems in mint condition.
As the first new condominium development in the highly sought-after 12South neighborhood in over a decade, this property offers exceptional walkability and high long-term value retention.
The building features premium lifestyle amenities including a private pool, wellness center, dog run, and rare ample parking, which is a significant competitive advantage in Nashville's urban core.
With investor permits available and a flexible 90-day minimum lease requirement, this property presents a strong opportunity for rental income in a high-demand submarket.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 930, other record living area = 1561.
With a projected completion date in 2026, the property is currently in the reservation phase, making it unsuitable for buyers needing immediate occupancy.
The 1-bedroom, 1-bathroom configuration may limit appeal for families or professionals requiring a dedicated home office space compared to larger multi-bedroom units.
As the first new condominium offering in 12South in over a decade, The Forsythe presents a rare opportunity to own in an area defined by charm, walkability, and enduring value in one of Nashville's most beloved neighborhoods. This boutique collection of 57 residences offers access to one of Nashville's most desirable addresses. Ample parking is offered, an increasingly rare benefit in the city's urban core. Thoughtful amenities complete the experience; a private pool with grill stations, wellness and cardio center, inviting lobby with private workspaces, and a dog wash and run, all within an access- controlled building. Now in the reservation phase, The Forsythe invites you to secure your place early with a fully refundable deposit until contract. Investor permits available with a minimum lease period of 90 days. **Inquire about incentives.**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 930 | - |
| Lot Size | - | - |
| Price | $428.0K | $403.0K |
| Price per sq ft | $460 | $378 |
| Built year | 2026 | 0 |
| HOA | $279 | $0 |
| Days on market | 38 | 193 |
Jun 1, 2026
$428,000
Initial Listing