$549,900
 $2,952 est/mo Sourced by Back At You

245 Hermitage Avenue , Nashville, TN 37210

Nashville, TN 37210

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Description

RARE AIRBNB OPPORTUNITY | PENTHOUSE UNIT IN NEO Neo is a boutique 23 unit condominium building in downtown Nashville, uniquely designed for discerning investors seeking Non-Owner Occupied Short Term Rental (NOO STR) properties. Every aspect of NEO has been thoughtfully engineered to maximize Airbnb income potential. From sunlit open floor plans and integrated bunk nooks (optimizing guest capacity) to durable high-end finishes like quartz countertops, LVT flooring, high-efficiency appliances, LED lighting, CAT6 wiring, and energy-efficient HVAC systems, NEO combines style and functionality for long-term profitability. The building features an inviting lobby, a chic sky lounge, and a rooftop terrace with stunning skyline viewsideal for attracting premium rental rates. Ample parking adds further convenience. Zoned MUL, NEO is a prime vacation rental investment opportunity. NEO’s location is unparalleled: within walking distance of Nashville’s most popular destinations. It’s just 1 mile to Broadway and a short stroll to Ascend Amphitheater, the Convention Center, and the trendy bars and restaurants of SoBro. Perhaps most notably, NEO stands out as the only Airbnb-eligible condo building in downtown Nashville approved for conventional financing, offering investors the flexibility to work with any Airbnb management company they prefer. Secure your spot in one of the most profitable short-term rental markets in the country. Contact us today to learn more about this exceptional investment opportunity!

Details

MLS#2778715
Listing TypeFor Sale
Suite Number402
HOA Dues$250
Sub-TypeResale
StatusActive
Year2024
Days On Site29
Listing Provided ByCompass RE | Grant Hammond, Broker, ABR, SRS, SFR, ePRO

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet657
BasementY
Story(s)1
Acreage0.20
Property ViewYes

Market Activity 37210

 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of February 13, 2025 at 9:46:26 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 6 minutes ago
StateTN
CountyDavidson County
CityNashville
Zip Code37210
Community NameNEO Nashville
School DistrictPearl Cohn Magnet High School
Elementary SchoolJones Paideia Magnet
Middle SchoolJohn Early Paideia Magnet
High SchoolPearl Cohn Magnet High School
Listing VS Median (in NEO Nashville)
Price:
$549,900
low | high
Med:
$829,900
2% of Average
SqFt:
657
low | high
Med:
1,082
14.68797564688% of Average
$ / SqFt:
$837
low | high
Med:
$767
58.36103959752% of Average
On Site:
29
low | high
Med:
444.000000
6.531531531532% of Average
Sourced by Back At You
Listing Updated: February 4, 2025 at 2:44:07 PM PST