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5 Beds
5 Baths
3,200 sqft

$1,895,000

3 2nd Terrace Street, Tybee Island GA, 31328

Price per sqft$592.19
Built in1935
Property size3,200 sqft
Property typeMulti-family

Overview

Active

Listed Apr 20, 2026

Updated 3 weeks ago

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.

$12,607/mo

Est. mortgage payment based on a $1,895,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SA354067

Interior Features

Bedrooms
5
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Secondary Association Fee Frequency
Monthly
View
Yes

Courtesy of Coldwell Banker Access Realty with Teresa O. Jackson,
Listing Contact: (912) 429-0578 

 

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Data last updated 5:09 AM UTC, 9/1/2026

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