3 2nd Terrace Street Tybee Island, GA ^$ 1,895,000

3 2nd Terrace Street

^$ 1,895,000

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3 2nd Terrace Street

Tybee Island, GA, 31328

^$ 1,895,000

Bedrooms5 Baths5.0 Sq 3,200

Monthly Estimate*

^$ 11,668

3 2nd Terrace Street, Tybee Island, GA 31328 - Image 1

Multi-Family Home for sale in Tybee Island, GA

for $1,895,000 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.

Multi-Family Active

Price

^$ 1,895,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Triplex

Year Built

1935

Town/City

Tybee Island

County/Region

Chatham

MLS | Web ID

SA354067

Features

General

Living Area 3200.0

Heating Central Electric Heat Pump Wall Furnace

Cooling Central Air Electric

Utilities Cable Available Underground Utilities

Possession Close Of Escrow

Roof Composition

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

Zoning R.T

Construction Materials Frame

Year Built 1935

View Water

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

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.

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

HOA Fee 2 Frequency Monthly

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Considered Y/N N

Living Area Units Square Feet

Standard Status Active

Occupancy Type Vacant

Ownership Type Investor

Property Sub Type Additional Triplex

Expected Active Date 2026-04-17

Legal Description Lot 6A Recombination of Lot 6 & Pt. of Lot 5 Sub Lots 19 & 20

Interior

Interior Amenities Ceiling Fan(s)

Flooring Hardwood

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 Washer Hookup Dryer Hookup

Total Bedrooms 5

Main Level Bathrooms 0

Total Baths 5

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

Internal Only

Street Number 1 3

* Excluded Features

List By

Teresa O. Jackson

Listing Agent

Coldwell Banker Access Realty

Broker

terryoftybee@aol.com

Affordability Calculator

$11,668

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Monthly Principal & Interest: $11,668
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Tybee Island, GA

Average List Price ^$1,521,675

Percent of Sale Price 20%

About Tybee Island, GA

3,029 Population

-11% Since 2002

^$75,647 Median Income

56.49 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/20/2026	$1,895,000		Listed Price

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3 2nd Terrace Street, Tybee Island, GA, 31328 is a Multi-Family Home for sale at $1,895,000 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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3 2nd Terrace Street

Multi-Family Home for sale in Tybee Island, GA

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