1501 16th Ave S 3, Nashville, TN 37212
1501 16th Ave S 3, Nashville, TN 37212, Conditional at $1,300,000 ($633/sq ft). 4 bd · 4.5 ba (4 full, 1 half) · 2,054 sqft · $633/sqft.
1501 16th Ave S 3, Nashville, TN 37212, Conditional at $1,300,000 ($633/sq ft). 4 bd · 4.5 ba (4 full, 1 half) · 2,054 sqft · $633/sqft.
Conditional · $1,300,000
MLS #3305194 · listed July 22, 2026 · 72 days on market · updated October 2, 2026
4-bed, 4.5-bath condo at 1501 16th Ave S 3 in Music Row, Nashville, 2,054 sqft, $1,300,000 ($633/sqft), by Benchmark Realty, LLC.
1501 16th Ave S 3 is a 4-bedroom, 4.5-bath condo in Nashville, TN 37212, offered at $1,300,000, about $633/sq ft across 2,054 sq ft.
At $633/sq ft, this condo is about 38% above the Nashville 37212 median list price per square foot of $460.
Market read: the Nashville 37212 condos market is balanced, at about 4.1 months of inventory.
All-in, about $8,808/mo at 20% down (7.60% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $1,465/mo, roughly 17% of the all-in monthly payment.
At the current 7.60% 30-year jumbo rate, principal and interest on this condo runs about $7,343/mo; at the 6.90% rate of about three months ago it would be roughly $6,849/mo, so monthly P&I is about $494 higher now.
Next step: ask Grant Hammond anything about 1501 16th Ave S 3 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 2, 2026. Realtracs via IDX.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
More context: Nashville condos and building guides.
Non Owner Occupied Short term rental selling fully-furnished by a high end designer in this boutique 7-unit luxury Airbnb development located directly on Historic Music Row. Thoughtfully designed from the ground up by Allard-Ward Architects to maximize Airbnb revenue potential, this custom townhome offers elevated city living with third-floor rooftop terrace complete with a hot tub, perfect for enjoying treetop views of Nashville. Situated in the heart of Music City, you're just minutes from Broadway, one block from Vanderbilt, two blocks from Belmont, and within walking distance of countless restaurants, shops, bars, and entertainment venues. Surrounded by music studios, production companies, and supporting offices, this is one of Nashville's most desirable neighborhoods. This unit features four oversized bedrooms with spacious en-suite bathrooms, two off-street parking spaces, premium black stainless steel appliances with washer/dryer included. Zoned OR-20, this townhome is ideal for investors seeking non-owner-occupied Airbnb permit, offering both luxury living and strong income potential in an unbeatable location.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 1501 16th Ave S 3 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Under contract | |||
| Listed | $1,300,000 | ||
| Quitclaim deed | $0 | ||
| Deed recorded | $1,400,000 |
Listed July 22, 2026, this listing was on the market 72 days before it went under contract. It has been under contract since October 2, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 1501 16th Ave S 3 at $1,300,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $1,300,000 |
|---|---|
| HOA dues | $150 / mo |
| HOA fee includes | Confirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 1501 16th Ave S 3 is about $8,808/mo, 20% down on a 30-year fixed at 7.60% (a jumbo loan), including principal & interest $7,343, estimated property tax $762, homeowners insurance $553, and HOA dues $150. Estimate only; not a loan offer.
| Principal & interest | $7,343/mo |
|---|---|
| Property tax (est.) | $762/mo |
| Homeowners insurance (est.) | $553/mo |
| HOA dues | $150/mo |
| Estimated total | $8,808/mo |
Assumes 20% down, 30-year fixed at 7.60% (Mortgage News Daily, as of October 22, 2026). Property tax uses the Davidson County Urban Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.60% | $6,642/mo | $8,107/mo | -$701/mo |
| 7.10% | $6,989/mo | $8,454/mo | -$354/mo |
| 7.60% | $7,343/mo | $8,808/mo | current |
| 8.10% | $7,704/mo | $9,169/mo | +$361/mo |
| 8.60% | $8,071/mo | $9,536/mo | +$728/mo |
Principal & interest on a 30-year fixed at 20% down ($1,040,000 loan), with property tax, insurance, and HOA held constant at $1,465/mo. Current 30-year fixed 7.60% (Mortgage News Daily, as of October 22, 2026). Estimate only; not a loan offer.
Owning 1501 16th Ave S 3 runs about $8,808/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| HOA dues | $150 / mo (about 2% of the estimated total payment) |
|---|---|
| HOA per year | $1,800 |
| HOA over 5 years | $9,000 (at current dues) |
| Effective carrying cost | $4.309 / sq ft / mo (estimated total over 2,054 sq ft) |
HOA dues are part of true monthly cost and typically cover items such as building insurance, exterior maintenance, and amenities; coverage varies by building. Dues can change and buildings may levy special assessments, so review the current budget, reserve study, and any planned assessments before offering. Figures use current dues; estimate only, not a loan offer.
| Metric | This condo | Nashville 37212 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $633 | $461 median | - |
| Price position | 82nd pctile | +37% vs median | - |
| Nashville 37212 vs greater Nashville | - | +38% | - |
This listing beside the active Nashville 37212 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 22, 2026.
Among the 153 active condos in Nashville 37212, this condo at $633/sq ft falls in the 82nd percentile on price per square foot.
Nashville 37212 trades about 38% above greater Nashville on a price-per-square-foot basis.
Taken together, this condo reads toward the higher end per square foot for Nashville 37212.
Computed by Grant Hammond from 153 Nashville 37212 comparables (Realtracs via IDX), as of October 22, 2026, refreshed weekly.
| Active listings | 87 in Nashville 37212 condos |
|---|---|
| Recent absorption | about 21.2 sales / mo |
| Months of inventory | 4.1 months, a balanced market |
Supply-side and recent-sale context for Nashville 37212 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37212 condos closings. Source Realtracs via IDX, as of September 26, 2026.
1501 16th Ave S 3 sits in Music Row, Nashville, Davidson County.
In Nashville 37212, homes there are priced around $460 per square foot; inventory in Nashville 37212 condos is running at about 4.1 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 3, 2026.
Approximately 1.7 miles from downtown Nashville (straight-line distance).
1501 16th Ave S 3 is zoned for Eakin Elementary, West End Middle School, Hillsboro Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 1501 16th Ave S 3 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 1501 16th Ave S 3, by price and size.
Listed by Olivia Simonetti, Benchmark Realty, LLC. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Nashville luxury condo HOA fees carried at closing rose from $667 to $834 a month across 6 downtown towers, 2024 to 2026. Building by building.
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As of the latest update (October 2, 2026), 1501 16th Ave S 3, Nashville is under contract and still being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
1501 16th Ave S 3 was listed on July 22, 2026 and went under contract on October 2, 2026, after 72 days on the market, per Realtracs.
No. The asking price has been $1,300,000 since it was listed on July 22, 2026.
1501 16th Ave S 3, Nashville is listed at $1,300,000, about $633 per square foot across 2,054 square feet.
4 bedrooms and 4.5 bathrooms (4 full, 1 half).
About $633 per square foot ($1,300,000 across 2,054 sqft).
1501 16th Ave S 3, Nashville was built in 2023.
No garage is reported in the listing.
HOA dues are $150 per month, as listed.
1501 16th Ave S 3, Nashville is in the Music Row subdivision of Nashville.
About $8,808 a month with 20% down on a 30-year fixed at 7.60%, principal and interest $7,343, estimated property tax $762, insurance $553, and HOA $150. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1501 16th Ave S 3, Nashville is zoned for Eakin Elementary, West End Middle School, Hillsboro Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
HOA dues are $150 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $633 per square foot, 1501 16th Ave S 3, Nashville is in the 81st percentile of active listings in the Nashville 37212, about 38% above the $460 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $633 per square foot, 1501 16th Ave S 3, Nashville ranks in the 81st percentile of active Nashville 37212 listings by price per square foot, roughly 38% above the Nashville 37212 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37212 condos market is currently balanced, at about 4.1 months of inventory, per Realtracs as of September 26, 2026.
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