
Nashville, TN 37203
This High-Potential Investment Opportunity is a modern, turnkey condo listed at $515,000, positioned above the $479,356 Fair Market Value. While the property carries a premium, its status as an all-short-term-rental building in the heart of The Gulch provides a unique, high-demand asset for income generation. Featuring an Excellent Condition Rating and luxury amenities like a courtyard pool and secure garage parking, this unit is optimized for immediate rental operations. It is an ideal acquisition for Buy-and-Hold Investors or Short-Term Rental Operators seeking a high-visibility Nashville location.
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 | $670 | - |
A 635 7th Ave S 417 Sold | $520,500 | 1 | 1 | 729 | $714 | 0.3 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 1212 Laurel St 2009 SE Sold | $575,200 | 1 | 1 | 846 | $680 | 0.5 mi |
F 600 12th Ave S 712 Sold | $369,000 | 1 | 1 | 670 | $551 | 0.3 mi |
G 600 12th Ave S 1714 Sold | $452,500 | 1 | 1 | 824 | $549 | 0.3 mi |
H 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 in mint condition. The interior features modern flooring, contemporary fixtures, and state-of-the-art systems and amenities, requiring no maintenance.
As a designated all-short-term-rental building, this property offers a rare and lucrative opportunity for investors looking to capitalize on Nashville's high tourism demand.
The condo is perfectly situated near The Gulch and Downtown Nashville, providing residents and guests with immediate access to the city's premier dining, shopping, and entertainment districts.
Built in 2019, the state-of-the-art community features high-end amenities including a courtyard pool, fitness center, dog walk, and secure garage parking, ensuring a premium living experience.
The property has been active for 182 days, which is significantly higher than the market average and may suggest the current list price is not aligned with buyer expectations.
At 715 square feet for a $515,000 asking price, the cost per square foot is quite high, which may limit the pool of buyers seeking more spacious accommodations at this price point.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 715 | 1,009.207 |
| Lot Size | - | 871 |
| Price | $515.0K | $339.9K |
| Price per sq ft | $720 | $344 |
| Built year | 2019 | 2007 |
| HOA | $314 | $329 |
| Days on market | 193 | 91 |
Feb 28, 2026
$515,000
Initial Listing