245 Hermitage Avenue

Active

Nashville, TN 37210

2 beds 2 baths 987.00 sqft 0.2000 acres

MLS Updated 21 minutes ago - MLS #: 2936526

$749,900.00

Est. Mortgage $3,619.35 - First on site 3 days ago

About

This is Nashville's most exciting new boutique short-term rental building. Sophisticated and design-forward, Neopolitan is located just one mile from Broadway and purpose-built for maximum profitability and elevated guest experience. With a prime location placing your guests in the heart of everything Nashville has to offer, Neopolitan features a rooftop skylounge with fire tables, foosball, and panoramic views of the downtown skyline. Guests will enjoy a truly unique stay with rich interior finishes, high-tech building access, free on-site parking, 24/7 gym access, and beautifully curated common areas. A generous layout in this unit sleeps eight and offers the flexibility to customize your design direction. Ask about design credits and conventional financing options. Photos shown are of a similar unit. For investors, Neopolitan offers more than just rental income. Thanks to recent legislation, bonus depreciation for short-term rental properties like this one is back at 100%. This allows qualified buyers to potentially save over $100,000 in year-one taxes, making this one of the most powerful wealth-building tools available in today’s real estate market. When combined with cashflow and appreciation from proximity to major developments, Neopolitan delivers a smart, tax-advantaged investment in the heart of Music City.

Property Info

Location Information

Latitude: 36.1535385
Longitude: -86.7547492
Subdivision: Neopolitan
Directions: From Downtown Nashville: East on 1st Avenue/Hermitage Avenue past Ascend Amphitheater until you reach NEO on your Right.

Interior Features

Bedroom 1:
Bedroom 2:
Bedroom 3:
Bedroom 4:
Interior: Ceiling Fan(s),Smart Thermostat,High Speed Internet
1/2 Baths: 0
Dining Room: ,
Den: ,
Living Room: ,
Kitchen: ,
Has Fireplace: NO
Fireplaces: 0
Heating: Central,Electric
Cooling: Central Air,Electric
Floors: Tile
Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Electric Oven,Electric Range,Smart Appliance(s)
Basement: Slab

Exterior Features

Style: Contemporary
Stories: 1
New Construction: YES
Construction: Frame,ICFs (Insulated Concrete Forms)
Exterior: Smart Light(s),Smart Lock(s),Balcony
Septic/Sewer: Public Sewer
Water: Public
Has Garage: NO
Garage Spaces: 0
Attached Garage: NO
Fencing: Privacy
Patio/Deck: Porch
Has Pool: NO
Pool Features:
Lot Features: Level
Lot Size (acres): 0.2000
Waterfront: NO

School Info

Elementary: Jones Paideia Magnet
Junior High: John Early Paideia Magnet
High School: Pearl Cohn Magnet High School

Additional Information

Property Type: Residential
Property Sub Type: Flat Condo
Year Built: 2024
Tax Amount: $0.00
Listing Office: Compass RE
Listing Agent: Grant Hammond, Broker, ABR, SRS, SFR, ePRO
MLS Logo

Based on information submitted to the MLS GRID as of 2025-07-12T08:31:17+00:00. 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. Click here for more information