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.
| MLS # | SA354067 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1935 |
| Days On Site | 187 |
| Listing Provided By | Coldwell Banker Access Realty | Teresa O. Jackson |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,200 |
| Car Port | Yes |
| Story(s) | 3 |
| Units | 3 |
| Zoning | R.T |
| Property View | Water |
| Interior Features | Ceiling Fan(s) |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, Electric |
| Laundry Features | Washer Hookup, Dryer Hookup |
| Roof | Composition |
|---|---|
| Lot Features | Level |
| View | Water |
| Construction Materials | Frame |
| Parking Features | Underground, Off Street |
|---|
| Utilities | Cable Available, Underground Utilities |
|---|
| Tax Legal Description | Lot 6A, Recombination of Lot 6 & Pt. of Lot 5 Sub Lots 19 & 20 |
|---|
| State | GA |
|---|---|
| County | Chatham |
| City | Tybee Island |
| Zip Code | 31328 |
| Listing VS Median (in 31328) | |
Price: $1,895,000 low | high Med: $700,000 sqft: 3,200 low | high Med: 2,304 $ / sqft: $592 low | high Med: $304 On site: 187 low | high Med: 144 | |
| State | GA |
|---|---|
| County | Chatham |
| City | Tybee Island |
| Zip Code | 31328 |
| Listing VS Median (in 31328) | |
Price: $1,895,000 low | high Med: $700,000 sqft: 3,200 low | high Med: 2,304 $ / sqft: $592 low | high Med: $304 On site: 187 low | high Med: 144 | |
![]() | $1,895,000210 Butler AvenueTybee Island, GA 31328 |