635 7th Ave S # 505
Nashville, TN, 37203 $ 1,500,000
Bedrooms4 Baths3.0 Sq 1,886 Monthly Estimate*
$ 9,471
for $1,500,000 with 4 bedrooms and 3 full baths. This 1,886 square foot condo was built in 2023 on a lot size of 0.04.
Looking for an STR that truly performs? Hyve Unit 505 is a top-producing unit in one of Nashville’s most sought-after NOO-STR buildings. With over $200K in gross revenue in 2025 and on pace for $275K in 2026, this is a true turnkey, cash-flowing investment. Walkable to Broadway and offering skyline views from a covered wraparound deck, this professionally designed, furnished, and styled unit is built to impress. Featuring 4 bedrooms and 3 bathrooms, the unit is zoned to accommodate the maximum occupancy of 12 guests on booking platforms, maximizing rental potential and guest appeal. The open-concept living space is filled with natural light from expansive picture windows and flows seamlessly to the terrace, creating the perfect setting for entertaining and delivering an elevated guest experience. Hyve’s resort-style amenities include a pool with cabanas, fitness center, outdoor lounge areas, and social spaces that enhance guest satisfaction and encourage repeat bookings. Located just minutes from Music City Center, Broadway, premier restaurants, live music venues, and Nashville’s top attractions, this property benefits from year-round tourism and consistent demand. Unit 505 also offers the unique ability to be double-booked with Unit 605 directly above it, creating additional income opportunities for larger groups and events. Whether you’re looking for a high-performing investment, a flexible second home, or a full-time residence, this property delivers on location, design, lifestyle, and versatility.
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FeaturesGeneralLiving Area 1886
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow
Appliances Electric Oven Electric Range Dishwasher Disposal Dryer Freezer Microwave Refrigerator Washer
HOA Fee 1056
Garage Spaces 0
Association Fee Includes Maintenance Grounds Recreation Facilities Sewer Trash
Patio/Porch Features Deck Covered
Construction Materials Frame
Pets Allowed Yes
Year Built 2023
Stories Count 1
Levels One
Unit Number 505
Property Subtype Flat Condo
Gross Income 220000
Accessibility Smart Technology
Assoc Fee Paid Per Monthly
County Davidson County TN
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name Hyve
Garage Y/N N
Full Baths 3
Status Active
Directions South on 8th Ave. S at the traffic circle take the first exit and stay on 8th avenue S. Turn left onto Drexel. Turn right onto 7th Ave S. Hyve is located on the right-hand side of street.
High School Pearl Cohn Magnet High School
City Nashville
Senior Community Y/N N
Lot Size Units Acres
Elementary School Jones Paideia Magnet
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 13586
Middle/Junior High School John Early Paideia Magnet
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement None
Flooring Wood Tile
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 1886
Half Baths 0
Total Bedrooms 4
Main Level Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Builder
Above Grade Finished Area Source Builder
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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ExteriorParking Features Unassigned
Water Source Public
Total Parking 0
Lot Size Area 0.04
Building Area Total 1886
Lot Size Acres 0.04
Lot Size Source Calculated from Plat
Waterfront Y/N N
Covered Spaces 0
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* Excluded FeaturesList Bybrookstaylor@realtracs.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,471
- Monthly Property Taxes
- $1,132
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Nashville, TN
Average List Price $772,251
Percent of Sale Price 49%
About Nashville, TN 648,976 Population
18% Since 2002
$ 47,907 Median Income
35.33 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2441162 Elementary School
244953 Middle School
Pearl Cohn Magnet High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/21/2026 | $1,500,000 | | Listed Price |