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3 2nd Terrace Street

Tybee Island, GA 31328
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Bed 5

Bed

Bath 5

Bath

SqFt3,200

Sqft

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 opportuni ty 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,895,000

AD Id : 77632122

MLS Id : SA354067

Beds : 5

Living Area Size : 3,200 Sq. Ft

Year Built : 1935

County : Chatham

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 5 Full Baths: 5
  • Flooring Information

    Hardwood
  • Roofing Information

    Composition
  • Interior Features

    Ceiling Fan(s) Roof: Composition Appliances: Electric Water Heater, Oven, Plumbed For Ice Maker, Range Hood, Dryer, Refrigerator, Washer Laundry Features: Washer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, Heat Pump, Wall Furnace Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1935 Construction Materials: Frame Private Pool: No View: Water

  • Lot Information

    Lot Description: Level

  • Listing Price Information

    Listing Price: $1895000 Cash, Conventional, 1031 Exchange

  • Tax Information

    Parcel Number: 4000405004

  • Parking Information

    Underground, Off Street

  • Utility Information

    Cable Available, Underground Utilities
  • Location Information

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

Address Estimate Bed Bath Sq. Ft Lot Size
210 Butler Avenue, Tybee Island, GA, 31328 $1,895,000 6 6 2,624 0.13 Acre
303 3rd Street, Tybee Island, GA, 31328 $1,700,000 6 5 3,224 0.17 Acre
5 5th Avenue, Tybee Island, GA, 31328 $750,000 4 3 2,548 0.30 Acre
1404 Jones Avenue, Tybee Island, GA, 31328 $799,000 4 3 2,140 0.09 Acre
8 Lighthouse Lane, Tybee Island, GA, 31328 $985,000 4 4 2,200 0.28 Acre

The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 09/27/2026 @ 21:40

MLS: SA354067 LISTED BY: Teresa Jackson, Coldwell Banker Access Realty SOURCE: Hive MLS (North Carolina Regional)

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