Turnkey short-term rental investment in the heart of downtown Nashville. This fully furnished 2 BR, 2BA condo at the Hyve short-term rental mid-rise development offers a proven track record of strong returns, generating $120, 000 in gross revenue in 2024 and pacing for $115, 000 in 2025. Located just blocks from Broadway Ave, The Gulch, and Nashvilles top dining, nightlife, and entertainment, the property is ideally positioned to capture steady demand from both leisure and business travelers. This condo features modern finishes, open-concept living, and a bright, stylish interior that appeals to guests. Thoughtfully designed with comfort and function in mind, the unit includes a spacious kitchen with quartz countertops and stainless steel appliances, in-unit laundry room, and two bedrooms each with a queen and twin bunk bed, so up to 8 guests can all sleep comfortably on mattresses (no sofa bed requirement for guests, like other units). The private wraparound balcony provides an added bonus for guests to relax and enjoy the outside from this unit. Unit 201 is located on the same floor as all the main building amenities, including full gym with free and machine weights, Pelotons and treadmills, pool area with outdoor kitchen, ping pong and fire pits, and a modern indoor lounge for guests to hang out or get some work done while in town. As a short-term rental investment, this property offers exceptional convenience: it is fully operational with strong reviews and a consistent revenue stream. Buyers can also benefit from current tax advantages, including the ability to utilize 100% bonus depreciation in 2025, a powerful tool to offset taxable income and enhance overall returns. Building amenities and security features add further guest appeal, while the central location ensures strong year-round occupancy. Whether looking to expand an STR portfolio or secure a high-performing Nashville property, this condo represents an excellent opportunity. Owner/Agent
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
- Bedroom 2 Dimensions: 12 x 11
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Air Filter
- Ceiling Fan(s)
- Elevator
- Entrance Foyer
- Open Floorplan
- Pantry
- Smart Thermostat
- Walk-In Closet(s)
- High Speed Internet
- Kitchen Island
- Flooring: Laminate, Tile
Appliances
- Electric Oven
- Electric Range
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator
- Stainless Steel Appliance(s)
- Washer
- Smart Appliance(s)
- Laundry Facilities: Electric Dryer Hookup, Washer Hookup
- Laundry Features: Electric Dryer Hookup, Washer Hookup
Other Rooms
- Bedroom 1: 12 x 11
- Extra Room-1 Dimensions: 7 x 6
- Extra Room-2 Dimensions: 31 x 6
- Living Room Dimensions: 22 x 13
Heating and Cooling
- Cooling Features: Central Air, Electric
- Heating Features: Central, Electric
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 19 x 10
Exterior and Lot Features
- Balcony
- Smart Lock(s)
- Patio
- Covered
- Patio And Porch Features: Patio, Covered
Pool and Spa
- Pool Features: In Ground
- Pool Private: Yes
Garage and Parking
- Attached Garage: Yes
- Covered Spaces: 1
- Garage Spaces: 1
- Garage Description: Garage Door Opener, Attached
- Parking Features: Garage Door Opener, Attached
- Parking Total: 1
Land Info
- Lot Size Acres: 0.03
- Lot Size Square Feet: 1306
Home Features
- View: City
- Green Energy Efficient: Windows, Thermostat
- Other Equipment: Air Purifier
- Security Features: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Security Gate, Security Guard, Smoke Detector(s)
Homeowners Association
- Association: Yes
- Association Amenities: Fitness Center, Gated, Pool, Sidewalks
- Association Fee: 1021
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Structure, Maintenance Grounds, Insurance, Recreation Facilities, Pest Control, Sewer, Trash
- Calculated Total Monthly Association Fees: 1021
- Pets Allowed: Call
School Information
- Elementary School: Jones Paideia Magnet
- High School: Pearl Cohn Magnet High School
- Middle School: John Early Paideia Magnet
Other Property Info
- Annual Tax Amount: 10624
- Source Listing Status: Active
- County: Davidson County, TN
- Directions: From Lafayette St in downtown, turn South onto 7th Ave S.and proceed up the hill to the Hyve building on your Right.
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Hyve
- Parcel Number: 093140A21600CO
- Subdivision: Hyve
- Property Subtype: Flat Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1491
- Year Built: 2023
- Above Grade Finished Area: 1491
- Building Area Source: Assessor
- Building Area Total: 1491
- Building Exterior Type: Frame
- Common Walls: End Unit
- Construction Materials: Frame
- Foundation Details: Slab
- Levels: One
- Property Age: 2
- Property Attached: Yes
- Levels or Stories: 1
- Total Above Grade Sqft Area: 1491
- Total Area Sqft: 1491
- Year Built Details: Existing
- Architectural Style: Contemporary
Accessibility Features
- Accessibility Features: Accessible Approach with Ramp, Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Accessible Hallway(s), Exterior Wheelchair Lift
Utilities
- Sewer: Public Sewer
- Electricity Available
- Water Available
- Water Source: Public
