
Nashville, TN 37204
This Exclusive New Construction Condominium offers a rare ownership opportunity in Nashville’s premier 12South neighborhood, listed at $643,750. While positioned above the $553,687 Fair Market Value, the price reflects the extreme scarcity of new inventory and its Mint Condition Rating. The residence features a high-end modern kitchen with stone countertops and premium amenities including a private pool, wellness center, and dog run. This boutique development is an ideal match for Owner-Occupants prioritizing luxury walkability or long-term investors seeking a high-demand asset in an enduringly popular urban core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 825 Gale Ln 18 Subject | $643,750* List Price | 2 | 2 | 1,194 | $464 | - |
A 2310 Elliott Ave 807 Sold | $491,000 | 2 | 2 | 1,274 | $385 | 0.7 mi |
B 2310 Elliott Ave 807 Sold | $491,000 | 2 | 2 | 1,274 | $385 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new construction (2026) in mint condition. Features a high-end modern kitchen with stone countertops, designer gold-tone fixtures, and hardwood flooring. All mechanical, HVAC, and electrical systems are new and require no maintenance.
As the first new condominium development in the highly sought-after 12South neighborhood in over a decade, this property offers exceptional long-term value and high walkability in one of Nashville's most desirable areas.
The boutique building features premium amenities including a private pool, wellness center, dog run, and rare ample parking, which is increasingly difficult to find in the city's urban core.
The availability of investor permits with a 90-day minimum lease period provides a flexible opportunity for owners to generate income in a high-demand rental market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1194, other record living area = 1561.
With a projected completion date in 2026, buyers face a significant waiting period and potential exposure to interest rate fluctuations before the property is ready for occupancy.
The 90-day minimum lease requirement prohibits daily or weekly short-term rentals, which may limit the property's appeal to investors specifically seeking high-turnover Airbnb-style returns.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 56% |
| Baths | 2.0 | 1.0 | 63% |
| Square foot | 1,194 | 1,067 | 75% |
| Lot Size | - | 871 | 25% |
| Price | $643.8K | $372.5K | 94% |
| Price per sq ft | $539 | $367 | 94% |
| Built year | 2026 | 2007 | 94% |
| HOA | $358 | $236 | 94% |
| Days on market | 7 | 371 | 6% |
Apr 15, 2026
$643,750
Initial Listing