
Nashville, TN 37203
This Turnkey NOO STR Asset is listed at $472,000, offering a stable valuation closely aligned with its $460,730 Fair Market Value. Maintaining an Excellent Condition Rating, the 2019-built residence features high-end modern finishes and rare Non-Owner Occupied Short-Term Rental eligibility. The building provides elite amenities, including a resort-style pool and rooftop lounge with skyline views, situated in the high-demand Gulch View area. This fully furnished unit is optimized for immediate cash flow in Nashville's tourism market. It is an ideal match for Short-Term Rental Investors or Out-of-State Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 920 South St 219 Subject | $472,000* List Price | 1 | 1 | 715 | $644 | - |
A 1212 Laurel St 909 Sold | $479,900 List Price | 1 | 1 | 846 | 0.5 mi | |
B 600 12th Ave S 829 Sold | $424,900 | 1 | 1 | 824 | $516 | 0.3 mi |
C 920 South St 315 Active | $475,000 List Price | 1 | 1 | 732 | $649 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is well within the 10-year threshold for an excellent rating. The interior features modern high-quality finishes, including contemporary light wood-look flooring, recessed lighting, and a sleek kitchen with stainless steel appliances. The bathroom is updated with a backlit LED mirror and modern cabinetry, and the overall condition shows no signs of deferred maintenance or physical depreciation.
The property is a rare Non-Owner Occupied Short Term Rental (NOO STR), providing a significant investment opportunity with high income potential in Nashville's competitive tourism market.
The Illume building offers premium community features, including a rooftop lounge with skyline views, a pool, and a fitness center, which enhance both guest experience and property value.
Situated in the 37203 zip code, the residence offers immediate proximity to Nashville’s most desirable neighborhoods, including The Gulch, 12 South, and Downtown.
The association fee of $394 per month represents a significant recurring expense that could impact the net return on investment for potential buyers.
With only 715 square feet of living area, the one-bedroom layout may feel restrictive for long-term residents or larger groups of short-term travelers.
Non Owner Occupied Short Term Rental For Sale. Don’t miss this opportunity! Modern condo living meets prime urban convenience at Illume. This well-appointed one-bedroom residence offers a clean, contemporary layout with thoughtful finishes throughout, designed for both comfortable living and long-term value. Unit 219 features an open living and kitchen concept with natural light, sleek cabinetry, stainless appliances, and a spacious bedroom with ample storage. The unit’s layout functions efficiently for everyday living while maintaining strong appeal in Nashville’s urban core. Illume is known for its resort-style amenities, including a rooftop lounge with skyline views, pool, fitness center, and secured access, all just minutes from downtown Nashville, The Gulch, 12 South, and major interstates. The building’s location, amenities, and consistent demand have made Illume a sought-after community for owners and investors alike. Unit 219 has demonstrated solid performance and resilience in a shifting market, supported by strong nightly rates and occupancy relative to citywide trends. Whether used as a primary residence, second home, or investment opportunity, this unit represents a compelling option in one of Nashville’s most dynamic condo communities. Schedule your private showing today and secure a rare opportunity to own a fully furnished short-term rental in one of Nashville’s top-performing STR communities. Please note the two chairs in the corner do not remain. Financial’s available upon request. Seller owns two units and would possibly sell both.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 38% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 715 | 1,108 | 15% |
| Lot Size | 871 | 1,307 | 48% |
| Price | $472.0K | $419.9K | 54% |
| Price per sq ft | $660 | $433 | 81% |
| Built year | 2019 | 2014 | 71% |
| HOA | $394 | $496 | 44% |
| Days on market | 159 | 492 | 4% |
Jan 8, 2026
$472,000
Initial Listing