#2865785, John White, Listing office: Compass RE
635 7th Ave S Unit 501 Nashville, TN 37203
Property details
About 635 7th Ave S Unit 501
**Incentives:1 year of HOA dues paid & Buyer closing cost contribution of $15,000** Introducing Hyve Tropical Peach, a prime investment opportunity just steps from the bustling Broadway scene! This charming NOO STR (Non-Owner Occupied Short-Term Rental) combines comfort and style, accommodating up to 8 guests, making it an attractive option for vacationers seeking a memorable stay. The beautifully designed interior features a spacious living area and a fully equipped kitchen, ensuring a welcoming atmosphere for guests. With cozy sleeping arrangements, this property is perfect for families or groups looking for a home away from home. Additional amenities include a dedicated parking spot 46 and a storage unit 4G, enhancing convenience for guests. The lush outdoor space offers a perfect setting for morning coffee or evening gatherings. Building amenities further elevate the appeal, featuring a pool, gym, on-site concierge, co-working space, and more. Located near a variety of shops, restaurants, and entertainment options, Hyve Tropical Peach is positioned for high occupancy rates and strong rental income potential. Don’t miss out on this opportunity to invest in a property that promises both comfort and profitability as well as allows for bonus depreciation & tax sheltering by owning this STR. Secure your stake in Hyve Tropical Peach today!
Highlights
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Oven, Dishwasher, Dryer, Freezer, Refrigerator, Washer, Smart Appliance(s)
- Basement: No
- Flooring Type: Laminate, Tile
- Interior: Ceiling Fan(s), Extra Closets, Smart Thermostat, Walk-In Closet(s), High Speed Internet
- Total Bedroom Count: 2
- Attached Garage: No
- Private Pool: No
- Parking: Unassigned
- View: City
- Exterior: Balcony, Smart Lock(s)
- Architectural Style: Contemporary
- Heating: Central
- Cooling: Central Air
- List Price: $1,150,000
- Price/SqFt: $771
- HOA Amount: $984 Monthly
- Directions: South on 8th Avenue S., at the traffic circle, take the 1st exit and stay on 8th Avenue S., turn left onto Drexel Street, and turn right onto 7th Avenue S. Hyve is located on the right-hand side of the street.
- Year Built: 2023
- Living Area: 1,491 SqFt
- Lot Size: 0.03 Acres
- MLS Number: 2792945
- MLS Name: REALTRAC
- Office Name: Compass RE
- Listing Agent: Ron Hodges
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
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Last updated on: 6/6/2025, 12:48:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,150,000
635 7th Ave S Unit 501
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Carter-Lawrence Elementary School
Public Magnet PK-4
0.7 mi
•1118 12th Ave S
4
Napier Elementary School
Public Magnet PK-4
1.3 mi
•70 Donelson St
4
Fall-Hamilton Elementary School
Public Magnet PK-4
1.4 mi
•510 Wedgewood Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,248. Typical income of Nashville, TN residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 635 7th Ave S Unit 501
The listing price of 635 7th Ave S Unit 501 property is $1,150,000.
The property 635 7th Ave S Unit 501 is a condo located in Nashville, Tennessee, 37203.
Active Listing: 635 7th Ave S Unit 501 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 635 7th Ave S Unit 501 are: Carter-Lawrence Elementary School (GreatSchools Rating 3/10), Napier Elementary School (GreatSchools Rating 4/10), Fall-Hamilton Elementary School (GreatSchools Rating 4/10), Rose Park Middle School (GreatSchools Rating 6/10), LEAD Cameron College Preperatory School (GreatSchools Rating 5/10), Head Middle School (GreatSchools Rating 7/10), Hume - Fogg High School (GreatSchools Rating 10/10), Lead Academy (GreatSchools Rating 2/10), Martin Luther King Jr School (GreatSchools Rating 10/10).
The property at 635 7th Ave S Unit 501 has 2 bedrooms and 2 bathrooms.
The property 635 7th Ave S Unit 501 is 1,491 SqFt (source: MLS/tax record).
The year of construction for 635 7th Ave S Unit 501 is 2023.
This home is located at 635 7th Ave S Unit 501 in Nashville, TN and zip code 37203 in the Downtown neighborhood. This 1,491 square foot home, which was built in 2023, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $1,150,000.
While more than 97 listings in Nashville, TN in May 2025 were sold above asking price, there were more than 173 listings sold at asking price, and more than 354 were sold below. In May 2025 in Nashville, TN there were 9.2% more homes for sale than in April. In May 2025 median list price was $533,004 and the average listing age was 30 days.