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

17 W Park Avenue, Savannah, GA 31401

Commercial Sale, Savannah, GA

Property Size6,879 SF
Lot Size0.17 Acres
Price / SF$545.14
Days on Market89

Property Features for 17 W Park Avenue

General Information

Property type Commercial Sale
Property subtype Office
Bedrooms 10
Bathrooms 8
Full bathrooms 6
Half bathrooms 2
Rooms Bathroom 8, Bathroom 7, Bathroom 4, Bedroom 9, Bedroom 10, Bathroom 6, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 7, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 5, Bedroom 6, Bathroom 2
Interior features Fireplace
Exterior features Fence, Irrigation System
Fencing Fenced
Fireplace 1
Appliances Some Electric Appliances, Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
Lot features Historic District
Directions Located on Park Avenue, one property west of the southeast corner of Park Avenue and Whitaker Street.
Standard status Active
APN 2004431008
Size 6,879 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LT 32 W 8 FT OF LT 34 GALLIE WD
Tax Annual Amount 37569
Legal Description LT 32 W 8 FT OF LT 34 GALLIE WD

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1930
Floors in Building 3
Building materials Stucco
Listing Agency: Engel & Volkers
Listed By: Ridley Stallings · License #370720
Added: Jun 2 Changed: Aug 28 Last Checked: Aug 29 at 3:06PM
MLS# SA358107

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 6,879-square-foot property includes five furnished units: four residences in the main house and one apartment in the carriage house. The improvements retain heart-pine flooring, marble fireplaces, floor-to-ceiling bay windows, and a grand staircase, with energy-efficient updates and renovated baths and furnishings in four units. A two-car garage and two additional off-street parking spaces are included.

Located at 17 W Park Avenue in Savannah’s Historic Victorian District, the property overlooks the south end of Forsyth Park. It carries TC-2 Traditional Commercial-2 zoning, supporting the existing residential and STVR configuration while also allowing office, retail, restaurant, and lodging uses subject to City of Savannah requirements. The property includes five non-owner-occupied STVR licenses, public water and sewer, central air, electric heating, and a fenced exterior. Built in 1930 on 0.165 acres, it combines furnished accommodations with commercial-use flexibility.

Key Highlights

  • Five furnished units: four in the main house plus one carriage house apartment
  • Five non‑owner‑occupied STVR licenses included
  • 6,879 square feet on a 0.165‑acre site

Property Analytics

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 Butcher

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

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Short term rental property - Five furnished units with STVR licensing, commercial zoning, and dedicated parking near Forsyth Park.
Where is this short term rental property located?
The property is located at 17 W Park Avenue 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 plus one carriage house apartment; Five non‑owner‑occupied STVR licenses included; 6,879 square feet on a 0.165‑acre site
More about this property
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