3 2nd Terrace

Tybee Island, GA 31328

$1,995,000
Price
5
Beds
5
Baths
3,200 Sq. Ft.
$623 / Sq. Ft.
3,200
Sq. Ft.
$623
per Sq. Ft.

Description

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
...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 for more pictures.

Property Details for 3 2nd Terrace

Waterfront
No
Zoning
R.T

Location

Listing Courtesy of Coldwell Banker Access Realty
Add your commute
LISTING UPDATED: 05/01/2024 11:47 AM

Property Details for 3 2nd Terrace

StatusActive
MLS #298295
Days on Market209
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1935
Lot Size0.00 AC / 0 SF
CountyChatham County

Location

Listing Courtesy of Coldwell Banker Access Realty
Add your commute

Building Information for 3 2nd Terrace

Stories3Residences3Year Built1935Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$10,888 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3 2nd Terrace

Summary
Location and General Information
  • County Or Parish: Chatham County
  • City: Tybee Island
  • Zoning Description: Multi Family
  • Directions: Highway 80 East to Tybee - Go around sharp curve - turn (L) on 2nd Terrace - house 1 back from ocean on right.
  • Latitude: 32.010339
  • Longitude: -80.841385
  • Postal City: Tybee Island
  • Water Body Name: Atlantic Ocean
  • Unparsed Address: 3 2nd Terrace Street
  • State Or Province: GA
  • Postal Code: 31328
Taxes and HOA Information
  • Association Name2: Desoto Beach Prop
  • Tax Legal Description: Lot 6A, Recombination of Lot 6 & Pt. of Lot 5 Sub Lots 19 & 20
  • Association: No
  • Parcel Number: 4000405004
School Information
  • Elementary School: TIMA
  • Middle Or Junior School: Coastal
  • High School: Islands
Parking
  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Underground, Off Street
Property
Lot Information
  • Property Sub Type Additional: Triplex
  • Living Area: 3,200.00
  • Lot Features: Level
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Lot Size Units: Acres
  • Stories Total: 3
Property and Assessments
  • New Construction: No
  • CLIP: 6,584,982,638
  • Year Built: 1935
  • Common Walls: No Common Walls
  • Number Of Units Total: 3
  • Property Attached: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Gravel
Utilities
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Accessibility Features: No Stairs
  • Horse: No
  • Roof: Composition
Interior Features
  • Appliances: Some Electric Appliances, Electric Water Heater, Oven, Plumbed For Ice Maker, Range, Dryer, Refrigerator, Washer
  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Electric, Heat Pump, Wall Furnace
  • Heating: Yes
  • Interior Features: Ceiling Fans
  • Laundry Features: Dryer Hookup
Multi Family
Unit 1 Information
  • Baths Total: 2
  • Beds Total: 2
  • Description: Central Air,Central Heat,Deck,Dishwasher,Dryer,Fire Alarm,Furnished,Hardwood Floors,Refrigerator,Washer
Unit 2 Information
  • Baths Total: 2
  • Beds Total: 2
  • Description: Central Air,Central Heat,Deck,Dishwasher,Dryer,Fire Alarm,Furnished,Refrigerator,Washer
Unit 3 Information
  • Baths Total: 1
  • Beds Total: 1
  • Description: Central Air,Central Heat,Deck,Dishwasher,Fire Alarm,Furnished,Hardwood Floors,Refrigerator,Washer
Rental
Rental Information
  • ListingTerms: Cash,Conventional,Item1031Exchange

Property History for 3 2nd Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3 2nd Terrace

Taxable ValueLand$97,520Additions$284,320Total$381,840
Home Facts
Beds5Total Finished SqFt3,230 SqFtAbove Grade Finished SqFt3,230 SqFtStories3Lot Size3,202 SqFtStyleSingle Family ResidenceYear Built1935ZoningRTCountyCHATHAMAPN4-0004 -05-004

Schools near 3 2nd Terrace

This home is within Chatham County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Howard Elementary School
PublicPK to 5

Coastal Middle School
Public6 to 8

Island's High School
Public9 to 12

Tybee Island Maritime Academy
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3 2nd Terrace is a multi-family home for sale in Tybee Island, GA 31328. This property was listed for sale on October 16, 2023 by Coldwell Banker Access Realty, it's currently listed at $1,995,000. It has been on the market for a total of 209 days and was last sold on February 21, 2011. This listing's school district is Chatham County School District. Nearby schools include Howard Elementary School, Coastal Middle School and Island's High School. 3 2nd Terrace is a 5-bed, 5-bath, 3,200 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Access Realty

Based on information from one of the following Multiple Listing Services: Savannah Multi-List Corporation. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Savannah Multi-List Corporation is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.