3 2nd Terrace ST, Tybee Island, GA 31328
3 2nd Terrace ST, Tybee Island, GA 31328
3 2nd Terrace ST, Tybee Island, GA 31328
3 2nd Terrace ST, Tybee Island, GA 31328
3 2nd Terrace ST, Tybee Island, GA 31328
3 2nd Terrace ST, Tybee Island, GA 31328
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$ 1,895,000
Est. payment | /mo

5 Beds

5 Baths

3,200 SqFt


Save
$ 1,895,000
Est. payment | /mo
Save

5 Beds

5 Baths

3,200 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $592

MLS Listing ID SA354067

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1935

Property Sub-Type Triplex

Source SAV

Property Description

The Terraces is a very unique property located just one back from the ocean and steps to the beach crossover - Originally built in 1935, the current owners, Desoto Beach Properties, purchased the property in 2011 and the property has been through several major renovations and upgrades since that time - there is an elevator to the 2nd and 3rd floors - each floor is completely furnished and all three vary in size with the top floor the largest and best view. Each apartment has a private balcony and each apartment is provided a private parking space. All units are upgraded as required and furnishings replaced as needed to continue their excellent occupancy rate.

This property is located in an R-T district and is not affected with current or proposed STVR changes.

What a rare opportunity to have your own "slice of heaven" and have two other properties that provide income for expenses and/or debt service. The property is managed by the current owners via The Desoto Beach Hotel. Owners have agreed to continue management if new owners desire at a reduced market rate.
Please call to schedule your private tour based on vacancy availability.

Location

State GA

County Chatham

Zoning R.T

Direction Highway 80 East to Tybee - Go around sharp curve - turn (L) on 2nd Terrace - house 1 back from ocean on right.

Body of Water Atlantic Ocean

Interior

Interior Features Ceiling Fan(s)

Heating Central, Electric, Heat Pump, Wall Furnace

Cooling Central Air, Electric

Flooring Hardwood

Appliance Some Electric Appliances, Electric Water Heater, Oven, Plumbed For Ice Maker, Range Hood, Dryer, Refrigerator, Washer

Laundry Washer Hookup, Dryer Hookup

Exterior

Parking Features Underground, Off Street

Carport Spaces 4

Utilities Available Cable Available, Underground Utilities

View Water

Roof Type Composition

Accessibility No Stairs

Building

Lot Description Level

Story 3

Water Public

Level or Stories 3

Structure Type Frame

New Construction No

Others

Tax ID 4000405004

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Teresa O. Jackson • Coldwell Banker Access Realty
Nearby Locations
Christian Belcher

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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3 2nd Terrace ST