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3 2nd Terrace Street Tybee Island, GA $ 1,995,000
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3 2nd Terrace Street
$ 1,995,000
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3 2nd Terrace Street

Tybee Island, GA, 31328
$ 1,995,000
Bedrooms5 Baths5.0 Sq 3,200

Monthly Estimate*

$ 12,446

3 2nd Terrace Street, Tybee Island, GA 31328 - Image 1
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Multi-Family Home for sale in Tybee Island, GA

for $1,995,000 with 5 bedrooms and 5 full baths. This 3,200 square foot home was built in 1935.

The Terraces has three (3) separate apartments and grosses over $250,000 annually. This location and accommodations have been a favorite for those wanting to escape to Tybee, enjoy the ocean and the view, and sit back and relax - this property is located one back with some pretty fantastic views that make you never want to leave - just steps from the beach crossover, this property has an elevator for convenience and parking for all three apartments. All units are upgraded as required and furnishing replaced to insure that their excellent occupancy rate continues - they average about 80% occupancy each year. Total renovation in 2006. Elevator to 2nd and 3rd level. Please check Desoto Beach rentals (The Terraces) for more pictures.

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Multi-Family Active

Price

$ 1,995,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Year Built

1935

Town/City

Tybee Island

County/Region

Chatham

MLS | Web ID

SA298295
Features
General
Living Area 3200.0
Heating Central Electric Heat Pump Wall Furnace
Cooling Central Air Electric
Utilities Underground Utilities
Possession Close Of Escrow
Roof Composition
Appliances Some Electric Appliances Electric Water Heater Oven Plumbed For Ice Maker Range Dryer Refrigerator Washer
Zoning R.T
Construction Materials Frame
Year Built 1935
Property Subtype Triplex
Parcel Number 4000405004
Accessibility No Stairs
County Chatham
New Construction N
Property Type Residential Income
In City Limits? (Y/N) N
HOA N
Attached Garage N
Contingency Due Diligence
Garage Y/N N
Full Baths 5
Status Active
Directions Highway 80 East to Tybee - Go around sharp curve - turn (L) on 2nd Terrace - house 1 back from ocean on right.
High School Islands
City Tybee Island
Body of Water Atlantic Ocean
Disclosures Flood Insurance Required
Zoning Description Multi Family
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 0.0
Carport Spaces 4.0
Carport Y/N Y
Elementary School TIMA
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions Appointment-Agent
Home Warranty Y/N N
Middle/Junior High School Coastal
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Triplex
Expected Active Date 2023-10-16
Legal Description Lot 6A Recombination of Lot 6 & Pt. of Lot 5 Sub Lots 19 & 20
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Interior
Interior Amenities Ceiling Fan(s)
Total Stories 3
Common Walls No Common Walls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Dryer Hookup
Total Bedrooms 5
Main Level Bathrooms 0
Total Baths 5
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Exterior
Parking Features Underground Off Street
Lot Features Level
Water Source Public
Inclusions Alarm-Smoke/Fire Ceiling Fans Dryer Refrigerator Washer
Lot Size Area 0
Spa N
Lot Size Acres 0
Road Surface Type Gravel
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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Internal Only
Street Number 1 3
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* Excluded Features
List By
Teresa O. Jackson

Listing Agent

Coldwell Banker Access Realty

Broker

terryoftybee@aol.com

Email

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$12,446
Per Month
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Monthly Principal & Interest
$12,446
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5317496 Elementary School
5317311 Middle School
Islands High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/31/2025$1,995,000 Listed Price

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3 2nd Terrace Street, Tybee Island, GA, 31328 is a Multi-Family Home for sale at $1,995,000 with 3,200 sqft. 3 2nd Terrace Street has 5 bedrooms, 5.0 baths, and was built in 1935. The property's zip code is 31328 which is in Tybee Island, GA

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