505 Condos Downtown Nashville | Prices, Floor Plans & Market Data (2026)

505 Condos

DOWNTOWN NASHVILLE’S TALLEST RESIDENTIAL HIGH-RISE

For private showings and market insights on 505 Condos

Patrick Higgins | 615-682-1718

Location and Building Overview

505 stands at the corner of Church Street and 5th Avenue in the heart of Downtown Nashville. At 45 stories and approximately 543 feet, it holds the distinction of being Nashville’s tallest residential building based on occupied floors, trailing only the AT&T Building (the “Batman Building”) in overall height. Developer Tony Giarratana of Giarratana Development LLC completed the tower in 2017-2018 after holding the Church Street property for more than 30 years, waiting for the right moment to build something truly distinctive.

The building contains approximately 550 total residential units split between rental apartments and privately owned condominiums. The condos occupy the upper floors, with the most premium residences and penthouses on levels 30 and above. Four two-story penthouses crown the tower on the 44th and 45th floors, offering more than 4,000 square feet with 23-foot ceilings.

Walk Score rates this location at 96 out of 100, which translates to genuine urban walkability. Bridgestone Arena is a few blocks away. The Ryman Auditorium sits just down the street. Nissan Stadium is a short walk across the Cumberland River pedestrian bridge. The building’s ground floor includes retail and restaurant space, so you can grab coffee or dinner without ever leaving the property.

The Residences

505 condos feature floor-to-ceiling windows that distinguish the building’s curved glass facade. Every unit captures some portion of the Nashville skyline, the Cumberland River, or the rolling Tennessee hills in the distance. The higher the floor, the more dramatic the views become.

Unit sizes range from studios around 400 square feet to penthouses exceeding 4,300 square feet. Most condos fall into one of three categories: one-bedroom units between 500 and 900 square feet, two-bedroom units between 1,000 and 1,400 square feet, and larger two-bedroom corner units with premium views. The building earned LEED certification for its energy-efficient design and construction.

Standard features include 10-foot ceilings, KitchenAid stainless steel appliances, in-unit washer/dryer connections, hardwood or engineered wood flooring, and spa-quality bathroom finishes. Corner units add private balconies. Many owners have upgraded their units with custom California Closets, quartz countertop extensions, and designer paint throughout.

One important distinction: 505 is a mixed-use building with both rental apartments and privately owned condos. The condos come with access to an exclusive owner-only amenity floor that renters cannot use. This includes a private fitness center, the Carmen’s Room wine cellar and tasting room (named for Tony Giarratana’s mother), a chef’s demonstration kitchen with dining room, meeting rooms, and private event space.

505 Condos Market Data (Past 12 Months)

Metric Value
Number of Closed Sales 31
Sale Price Range $378,275 – $1,750,000 (typical) | $9,625,000 (penthouse)
Median Sale Price $795,900
Average Sale Price $1,152,752
Price Per Square Foot $284 – $2,201 (Avg: $893/sq ft)
Square Footage Range 513 – 4,374 sq ft
Bedrooms 1 – 4
Bathrooms 1 – 3
HOA Fees $315 – $3,200/month (varies by unit size and floor)
Year Built 2017-2018
Active Listings 7 (priced $419,500 – $879,000)

Data from RealTracs MLS. Updated January 2026.

A few notes on the numbers: The $9.6 million penthouse sale in February 2025 significantly skews the average price. For a more representative picture, the median of $795,900 tells you what a typical 505 condo actually costs. One-bedroom units have been trading between $378,000 and $880,000 depending on floor, views, and finishes. Two-bedroom units range from approximately $960,000 to $1,750,000 for prime corner locations on higher floors.

Active Homes for Sale at 505

Recently Sold Homes at 505

Amenities

505 offers one of the most comprehensive amenity packages of any residential building in Nashville. The amenity deck spans more than 34,000 square feet across multiple levels.

Outdoor amenities include a saltwater rooftop pool with a 50-foot sunbathing terrace, private poolside cabanas, a rooftop tennis court, pickleball court, bocce ball, fire pit lounges, and grilling stations. The rooftop dog park is one of the largest of any high-rise in the city, with grooming stations.

Indoor amenities include a state-of-the-art fitness center with Italian-made Technogym equipment, multiple resident lounges, a private cinema, game room, library, and treatment spa room. The 7th floor features a lounge with complimentary coffee, work spaces, and a pool table that residents mention frequently in reviews.

Services include 24-hour concierge, valet parking, dry cleaning pickup and delivery, and on-site fitness programming through City Fit Concierge including group classes, personal training, and massage therapy.

Condo owner exclusives on the 8th floor include a private fitness center, the Carmen’s Room wine cellar and tasting room, a chef’s demonstration kitchen with adjoining dining room for private events, meeting rooms, event space, and a piano lounge. These spaces are not accessible to apartment renters.

HOA and Monthly Costs

HOA fees at 505 vary significantly based on unit size and floor level. Based on recent sales data, expect to pay between $315 and $3,200 per month. Most one-bedroom units run between $375 and $900 per month, while two-bedroom units typically range from $700 to $1,200 per month. The penthouses carry substantially higher dues.

These fees cover exterior maintenance, grounds maintenance, pool and amenity maintenance, building insurance, trash pickup, and pest control. The 24-hour concierge, valet parking, and other building services are included. One assigned parking space is typically deeded with each condo, with additional leased parking available through the building.

Why Work with Nashville Home Guru

In the past 12 months at 505, Compass agents represented 25.8% of all closed transactions, with involvement on either the listing or buying side in 8 of 31 sales. That level of activity means we see what’s coming to market before it goes public, understand which units trade at premiums and why, and have direct relationships with other agents active in the building.

Patrick Higgins leads Nashville Home Guru, a six-time RealTrends Top Tennessee Agent ranked #1 team in Nashville and #7 in Tennessee by Wall Street Journal’s RealTrends. With over 1,100 transactions and $500 million in residential sales across Middle Tennessee, we bring genuine market expertise to downtown condo transactions.

Compass is the #1 residential real estate brokerage in the United States by sales volume. After merging with Parks Real Estate in 2024, Compass agents now represent approximately 1 in 4 homes sold in Tennessee. This market presence translates to access to coming-soon listings, private exclusives, and the largest referral network in real estate.

For sellers, our Compass 3-Phase Marketing Strategy delivers measurable results. Homes pre-marketed through Compass Private Exclusive and Coming Soon programs sell for 2.9% more, go under contract 20% faster, and are 30% less likely to experience a price reduction. Learn more about selling your home on your terms.

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Frequently Asked Questions About 505 Condos

What is the price range for condos at 505?

Based on the past 12 months of sales, 505 condos have sold between $378,275 and $1,750,000 for typical units, with the penthouse commanding $9,625,000. The median sale price is $795,900. One-bedroom units generally trade between $400,000 and $880,000, while two-bedroom units range from approximately $960,000 to $1,750,000 depending on floor and views.

Who developed 505?

Tony Giarratana of Giarratana Development LLC developed 505. Giarratana is Nashville’s most prolific high-rise developer, also responsible for Viridian, Bennie Dillon, SoBro, Encore, and Cumberland condominiums. He held the Church Street property for more than 30 years before building 505.

What are the HOA fees at 505?

HOA fees range from $315 to $3,200 per month depending on unit size and floor level. Most one-bedroom units pay between $375 and $900 monthly, while two-bedroom units typically run $700 to $1,200 monthly. Fees cover building maintenance, amenities, 24-hour concierge, valet parking, and common area upkeep.

How tall is 505?

505 stands 45 stories and approximately 543 feet tall. It is Nashville’s tallest residential building based on occupied floors and the third tallest building overall, behind only the AT&T Building and Four Seasons Hotel and Residences.

Does 505 have a pool?

Yes. 505 features a saltwater rooftop pool with a 50-foot sunbathing terrace, private poolside cabanas, fire pit lounges, and grilling stations. The pool deck offers panoramic views of downtown Nashville.

Is 505 pet-friendly?

Yes. 505 is one of the more pet-friendly high-rises in downtown Nashville with a rooftop dog park and grooming stations. Most units allow pets, though some restrictions may apply based on HOA rules.

What is the difference between 505 condos and apartments?

505 contains both rental apartments and privately owned condominiums. Condo owners have access to an exclusive 8th floor amenity level with a private fitness center, wine cellar, chef’s kitchen, and event spaces that apartment renters cannot access. Condos occupy the upper floors of the building.

Are rentals allowed at 505?

Yes. Condo owners at 505 can rent their units. Many investors purchase 505 condos as investment properties due to strong rental demand in downtown Nashville.

What is the Walk Score at 505?

505 has a Walk Score of 96 out of 100, meaning daily errands do not require a car. Bridgestone Arena, the Ryman Auditorium, restaurants, entertainment venues, and downtown offices are all within walking distance.

Nearby Downtown Condo Buildings

If you’re considering 505, you may also want to explore these nearby Downtown Nashville condo buildings:

Residences of Broadwest, The Paramount, Viridian, Bennie Dillon, Encore, Four Seasons Residences, Watauga, The James, Twelve Twelve, Terrazzo, Cumberland, The Quarters, The Emory, Kress Lofts

Any Other Questions About 505 Condos?

Text or call for immediate answers about availability, pricing, or to schedule a private showing.

Text Patrick: 615-682-1718

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Patrick Higgins

NASHVILLE HOME GURU AT COMPASS

Serving Downtown Nashville, Brentwood, Franklin & Middle Tennessee

95+ Google Reviews | 70+ Zillow Reviews

615-682-1718 | [email protected]