Triplex with Elevator and
For Sale
$1,895,000
3 2nd Terrace Street, Tybee Island, GA 31328
MULTI_FAMILY - Tybee Island, GA
Property Size3,200 SF
Price / SF$592.19
Days on Market117
Property Features for 3 2nd Terrace Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R.T
Zoning description
Multi Family
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 4, Bathroom 5
Parking features
Underground/Basement, Off Street
Interior features
Ceiling Fan(s)
Appliances
Some Electric Appliances, Electric Water Heater, Oven, Plumbed For Ice Maker, Range Hood, Dryer, Refrigerator, Washer
Lot features
Level
View
Water
Directions
Highway 80 East to Tybee - Go around sharp curve - turn (L) on 2nd Terrace - house 1 back from ocean on right.
Standard status
Active
APN
4000405004
Size
3,200 SF
Taxes and HOA fees
Tax Description
Lot 6A, Recombination of Lot 6 & Pt. of Lot 5 Sub Lots 19 & 20
Legal Description
Lot 6A, Recombination of Lot 6 & Pt. of Lot 5 Sub Lots 19 & 20
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating), Wall Furnace, Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1935
Floors in Building
3
Number of units
3
Flooring type
Hardwood
Building materials
Frame
Roof type
Composition
Listing Agency:
Coldwell Banker Access Realty
(912) 352-1222
Listed By:
Teresa O. Jackson · License #183974
(912) 429-0578
Added: Apr 17
Changed: Aug 10
Last Checked: Aug 11 at 9:06PM
MLS# SA354067
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.
The Terraces is a three-apartment triplex offering separate units in a single property configuration. The building was fully renovated in 2006, and the property includes an elevator serving the 2nd and 3rd levels for convenient access. Each apartment has been upgraded as required, and furnishing replacements are noted as part of maintaining occupancy. The property reports an average occupancy of about 80% each year.
The property is located one back and described as offering ocean views, just steps from the beach crossover. It also includes parking for all three apartments.
The Terraces is presented as generating gross revenue over $250,000 annually, with three separate apartments on-site.
The property is located one back and described as offering ocean views, just steps from the beach crossover. It also includes parking for all three apartments.
The Terraces is presented as generating gross revenue over $250,000 annually, with three separate apartments on-site.
Key Highlights
- Three separate apartments at The Terraces gross over $250,000 annually (per public remarks).
- Total renovation in 2006; units have been upgraded and furnishings replaced (per public remarks).
- Elevator access to 2nd and 3rd level, plus parking for all three apartments (per public remarks).
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
80%
Occupancy
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
Explore this area
Business Placement
Demographics for 31328, GA
3,430
Population
3,490
Households
1
Avg Household Size
60
Median Age
49%
College-Educated
97%
High-School Grad
9.2 sq mi
ZIP Area
373
Density / Sq Mi
$105,669
Median Household Income
$42,280
Median Earnings
$1,205
Median Rent
$615,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate apartments with an on-site elevator and parking for all units, renovated in 2006.
Where is this triplex located?
The property is located at 3 2nd Terrace Street Tybee Island, GA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Three separate apartments at The Terraces gross over $250,000 annually (per public remarks).; Total renovation in 2006; units have been upgraded and furnishings replaced (per public remarks).; Elevator access to 2nd and 3rd level, plus parking for all three apartments (per public remarks).
