3 2nd Terrace Street
Tybee Island, GA 31328
5
Bed
5
Bath
3,200Sqft
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom 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
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Building Information
Year Built: 1935 Construction Materials: Frame Private Pool: No View: Water
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Lot Information
Lot Description: Level
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Listing Price Information
Listing Price: $1895000 Cash, Conventional, 1031 Exchange
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Tax Information
Parcel Number: 4000405004
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Parking Information
Underground, Off Street
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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
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5 5th Avenue, Tybee Island, GA, 31328 | $750,000 | 4 | 3 | 2,548 | 2,548 SqFt |
| 1102 Lovell Avenue, Tybee Island, GA, 31328 | $1,189,000 | 6 | 5 | 3,258 | 3,258 SqFt |
| 1404 Jones Avenue, Tybee Island, GA, 31328 | $799,000 | 4 | 3 | 2,140 | 2,140 SqFt |
| 1217 Bay Street #313A, Tybee Island, GA, 31328 | $349,900 | 1 | 1 | 490 | 490 SqFt |
Similar Multifamily To 3 2nd Terrace Street
Nearby For Sale
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ByOwner last updated this listing 06/19/2026 @ 22:20
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Homes around $1,895,000
 separate apartments and grosses over $250,000 annually. This location...)
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