
Nashville, TN 37204
This New Construction Condominium represents a Strong Value Opportunity, listed at a List Price of $643,750—positioned slightly above the $605,484 Fair Market Value. As the first new development in 12South in over a decade, the property offers a Mint Condition Rating and premium amenities, including a private pool and ample parking. With investor permits allowing for 90-day minimum leases, this asset balances modern urban lifestyle with long-term appreciation potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-walkability residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 825 Gale Ln 38 Subject | $643,750* List Price | 2 | 2 | 1,194 | $507 | - |
A 2407 8th Ave S 402 Active | $519,000 List Price | 2 | 2 | 1,207 | $430 | 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. As a brand-new build, all systems (HVAC, electric), kitchen, and baths will be in mint condition with no maintenance required.
As the first new condominium development in the highly sought-after 12South neighborhood in over a decade, this property offers exceptional walkability and long-term value retention in a supply-constrained area.
The building features a robust amenity package including a private pool, wellness center, dog run, and rare ample parking, which is a significant competitive advantage in Nashville's urban core.
The availability of investor permits with a 90-day minimum lease period, combined with early reservation incentives, makes this an attractive option for portfolio diversification.
With a projected completion date in 2026, the property is currently in the reservation phase and does not accommodate buyers needing immediate housing or near-term possession.
The 90-day minimum lease requirement excludes the possibility of high-turnover short-term rentals, which may limit the property's appeal to specific types of vacation-rental investors.
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 | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,194 | 1,009.207 |
| Lot Size | - | 871 |
| Price | $643.8K | $339.9K |
| Price per sq ft | $539 | $344 |
| Built year | 2026 | 2007 |
| HOA | $358 | $329 |
| Days on market | 25 | 91 |
Aug 15, 2026
$643,750
Initial Listing