635 7th Ave S 505, Nashville, TN 37203
Hyve · Davidson County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
2023
Stories
1
Living Area
1,886 sq ft
Lot Size
0.04 acres
Days on Market
77
MLS® Listing#
3180279
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Patio
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Jones Paideia Magnet
- Middle:
- John Early Paideia Magnet
- High:
- Pearl Cohn Magnet High School
Financial Details
HOA
$1,056 / Monthly
Annual Taxes
$13,586
Parcel Number
093140A51300CO
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.
Affordability Calculator
$300,000
Estimated monthly payment
$7,984/mo
Principal $1,200,000 · Est. interest $1,674,107 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Nashville, TN
- $589,235
- Median Listing Price
- 57
- Median Days on Market
- 1,843
- Median Sq Ft
- $346
- Median Price / Sq Ft
- 3,517
- Active Listings
- This home’s price is 155% above the area median.
- Its price per sq ft is 130% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Nashville, TN.
Location
Points of Interest in Nashville, TN
Showing the Nashville area map.
Nearby Schools
Hume-Fogg High School
Secondary · 0.6 mi away
Rose Park Ptso
Secondary · 0.6 mi away
Carter Lawrence Elementary School
Elementary · 0.7 mi away
Lead Academy
Secondary · 0.8 mi away
LEAD Cameron Middle School
Secondary · 0.8 mi away
Dudley Head Start
School · 0.8 mi away
Johnson Alternative Learning Center
School · 0.9 mi away
Nashville Prep
School · 0.9 mi away
The Olympians Leadership Academy
School · 0.9 mi away
Elite Bartending School - Nashville
Secondary · 1.0 mi away
The Gardner School of Midtown- Nashville
School · 1.2 mi away
Napier Elementary School
Elementary · 1.2 mi away
University School of Nashville
School · 1.3 mi away
Susan Gray School
School · 1.3 mi away
Fall-Hamilton Elementary School
Elementary · 1.4 mi away
Primrose Schools
Elementary · 1.4 mi away
Mama Lere Hearing School
School · 1.4 mi away
Martin Luther King Junior Magnet School
Secondary · 1.4 mi away
Head Middle Magnet School
Elementary · 1.5 mi away
Explore! Community School
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 401D Avoca St, Nashville, TN | $1,050,000 | 3 | 4 | 2,589 |
| 20 Rutledge St 606, Nashville, TN | $1,050,000 | 3 | 3 | 1,787 |
| 1736 Hillmont Dr, Nashville, TN | $1,050,000 | 3 | 4 | 2,270 |
| 501 27th Ave N 2, Nashville, TN | $1,050,000 | 4 | 4 | 2,338 |
| 401D Avoca St, Nashville, TN | $1,050,000 | 3 | 4 | 2,589 |
| 1203 Brick Church Pike A, Nashville, TN | $1,050,000 | 4 | 4 | 2,235 |
Moving Cost Estimate
EXIT Agents in Nashville
Listing Courtesy: Compass - 6153062435
Last Updated: 2026-04-20