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Furnished Short-Term Rental Property
For Sale
$3,750,000

17 W Park Ave, Savannah, GA 31401

Historic property with a carriage house, licensed STVR operations, and flexible TC-2 commercial zoning.

Property Size6,879 SF
Price / SF$545.14
Days on Market163

Property Features for 17 W Park Ave

General Information

Standard status Active
Size 6,879 SF
Total Parking Spaces 4
Property subtype Multi-Family
Zoning TC-2

Additional Details

Furnished Yes
Business Included Yes
Multifamily Units 5

Building Details

Year Built 1930
Listing Agency: Engel & Volkers
Listed By: Ridley Stallings · License #370720
Source: Cinthia.atlantageorgiahomesales
Added: May 10 Changed: Oct 1 Last Checked: Oct 16 at 9:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Volkers

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Investment Insights

Based on property information with market context.

Built in 1930, this 6,879-square-foot property includes five furnished units: four within the main residence and one in a separate carriage house. The restored interiors retain heart-pine flooring, marble fireplaces, floor-to-ceiling bay windows, and a grand staircase, while energy-efficient improvements add modern performance. Four units have updated bathrooms and furnishings. The property also includes five non-owner-occupied STVR licenses, a two-car garage, and two additional off-street parking spaces.

Located at 17 W Park Ave across from the south end of Forsyth Park in Savannah’s Historic Victorian District, the property is zoned TC-2 (Traditional Commercial-2). Its current residential and STVR configuration is permitted, along with office, retail, restaurant, and lodging uses subject to City of Savannah requirements.

Key Highlights

  • Five furnished units: four in the main house and one carriage house apartment
  • Five non‑owner‑occupied STVR licenses included
  • 6,879 square feet on 17 W Park Ave in Savannah’s Historic Victorian District

Property Analytics

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Current Use

Telfair Arms Apartments Apartment Building Savannah Ghost Walks ... Travel Agency

Suggested Use

Top Pick Electrical Service HVAC Service Plumbing Service Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,844
Businesses Nearby

Demographics for 31401, GA

22,927
Population
11,832
Households
1.9
Avg Household Size
28
Median Age
48%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
6,743
Density / Sq Mi
$50,182
Median Household Income
$27,309
Median Earnings
$1,428
Median Rent
$477,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Historic property with a carriage house, licensed STVR operations, and flexible TC-2 commercial zoning.
Where is this short term rental property located?
The property is located at 17 W Park Ave Savannah, GA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Five furnished units: four in the main house and one carriage house apartment; Five non‑owner‑occupied STVR licenses included; 6,879 square feet on 17 W Park Ave in Savannah’s Historic Victorian District
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