
Nashville, TN 37203
This unit represents a Strong Value Opportunity, listed at $459,900—positioned above the $432,917 Fair Market Value. While priced slightly above market, this Non-Owner Occupied Short Term Rental (NOO STR) asset offers immediate revenue potential in the high-demand Illume community. Featuring a Mint Condition Rating and resort-style amenities like a rooftop lounge and pool, the property is optimized for consistent occupancy. This is a compelling acquisition for Buy-and-Hold Investors or second-home buyers seeking a turnkey, high-performance urban residence in Nashville’s core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 920 South St 219 Subject | $459,900* List Price | 1 | 1 | 715 | $605 | - |
A 1900 12th Ave S 413 Sold | $340,000 | 1 | 1 | 727 | $468 | 1.0 mi |
B 1212 Demonbreun St 1203 Sold | $489,900 | 1 | 1 | 801 | $612 | 0.6 mi |
C 1212 Laurel St 2010 Sold | $425,000 | 1 | 1 | 700 | $607 | 0.5 mi |
D 930 Commerce St 508 Sold | $438,000 | 1 | 1 | 835 | $525 | 0.9 mi |
E 600 12th Ave S 1714 Sold | $452,500 | 1 | 1 | 824 | $549 | 0.3 mi |
F 920 South St 219 Active | $472,000 List Price | 1 | 1 | 715 | $660 | 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 less than 10 years old and remains in mint condition. The interior features a modern kitchen with sleek cabinetry and stainless appliances, contemporary bathroom finishes, and updated systems, requiring no immediate maintenance or updates.
The property is a rare Non-Owner Occupied Short Term Rental (NOO STR) in a top-performing community, offering immediate revenue potential for investors.
Located in the sought-after Illume building, the unit is minutes from Nashville's premier districts including The Gulch, 12 South, and Downtown.
Residents and guests have access to premium amenities such as a rooftop lounge with skyline views, a pool, and a modern fitness center.
The monthly HOA fee of $489 is relatively high for a one-bedroom unit, which may impact the overall net return on investment.
At 715 square feet, the single-bedroom layout offers limited space, which could be a constraint for long-term occupancy or larger travel groups.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 715 | 976 |
| Lot Size | 871 | 871 |
| Price | $459.9K | $339.7K |
| Price per sq ft | $643 | $339 |
| Built year | 2019 | 2007 |
| HOA | $489 | $352 |
| Days on market | 14 | 127 |
Aug 3, 2026
$459,900
Initial Listing