3 2nd Terrace St, Tybee Island, GA 31328
- $1,895,000
- 5
- BD
- 5
- BA
- 3,200
- SqFt
- List Price
- $1,895,000
- Status
- ACTIVE
- MLS#
- SA354067
- Days on Market
- 144
- Year Built
- 1935
- Bedrooms
- 5
- Bathrooms
- 5
- Full-baths
- 5
- Living Area
- 3,200
Property Description
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.
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Additional Information
- Appliances
- Some Electric Appliances, Electric Water Heater, Oven, Plumbed For Ice Maker, Range Hood, Dryer, Refrigerator, Washer
- Interior Features
- Ceiling Fans
- Cooling
- Central Air, Electric
- Heating
- Central, Electric, Heat Pump, Wall Furnace
- Roof
- Composition
- Lot Information
- Level
- Utilities
- Cable Available, Underground Utilities
- Water
- Public
Mortgage Calculator
Listing courtesy of Coldwell Banker Access Realty.
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