
Nashville, TN 37203
This High-Potential Investment Opportunity is listed at a List Price of $515,000, which aligns with the $515,000 Fair Market Value, ensuring a stable entry point for investors. As an all-short-term-rental building in the heart of The Gulch, this Pristine Condition Rating asset offers immediate operational potential. Featuring luxury amenities like a courtyard pool and secure garage parking, the unit provides a turnkey solution for high-demand tourism. This property is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a high-visibility Nashville asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 920 South Street 104 Subject | $515,000* List Price | 1 | 1 | 715 | $720 | - |
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 modern condo is in pristine condition and meets the criteria for a newly built property. The interior features high-end contemporary finishes, including a waterfall kitchen island, recessed lighting, and modern flooring. All major systems and components are virtually new with no visible wear or deferred maintenance, reflecting its status as a luxury short-term rental unit.
As an all-short-term-rental building, this property offers exceptional investment potential for owners looking to capitalize on Nashville's high tourism demand without the typical zoning hurdles.
Situated near The Gulch and downtown Nashville, the property provides immediate access to the city's premier dining, shopping, and entertainment districts, ensuring high desirability for guests and residents.
Built in 2019, the community features high-end amenities including a courtyard pool, fitness center, and secure garage parking, complemented by modern unit finishes like tall ceilings and large windows.
At a list price of $530,000 for 715 square feet, the property carries a premium price point that may challenge some buyers' valuation models compared to larger units in the area.
The building's designation as an all-short-term-rental community may result in high guest turnover and a less stable residential atmosphere, which could be a drawback for those seeking a traditional neighborhood feel.
Desirable, modern condo close to many Nashville hot spot in The Gulch and downtown. Enjoy luxury amenities and prime accessibility at this state-of-the-art community such as courtyard pool, fitness center, dog walk, secure building access, assigned parking space in secure garage, tall ceilings, natural light streaming in from the large windows make this unit warm and inviting. Relax on the patio or around the pool. Illume is an all short term rental building.
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 | - | 1,307 | 21% |
| Price | $515.0K | $419.9K | 60% |
| Price per sq ft | $720 | $433 | 81% |
| Built year | 2019 | 2014 | 71% |
| HOA | $314 | $496 | 33% |
| Days on market | 159 | 492 | 4% |
Jun 14, 2026
$515,000
$530,000
-3% Price Drop
Initial Listing
Jan 8, 2026
$530,000
Initial Listing