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Renovated Triplex Near Beach
For Sale
$1,700,000

303 3rd Street, Tybee Island, GA 31328

Residential Income, Tybee Island, GA

Property Size3,224 SF
Lot Size0.17 Acres
Price / SF$527.30
Days on Market10

Property Features for 303 3rd Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning R2
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Half bathrooms 1
Rooms Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 1, Bathroom 5
Parking features Off Street
Appliances Electric Water Heater
Lot features City Lot
Directions Hwy. 80 East to Tybee Island. Make a right at the 2nd stop light (Jones Avenue). The tri-plex will be on the left at the corner of Jones and 3rd.
Standard status Active
APN 4000417005
Size 3,224 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description N PT OF LOT 71A & N PT OF LT 71B WARD 1 TYBEE
Tax Annual Amount 8215
Legal Description N PT OF LOT 71A & N PT OF LT 71B WARD 1 TYBEE

Utilities

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

Amenities

private outdoor spaces
fenced yards
brick paver patios
outdoor shower
exterior storage building
in-unit laundry

Building Details

Year built 1968
Floors in Building 2
Number of units 3
Building materials Frame
Listing Agency: Century 21 Solomon Properties · Century 21 Real Estate
Listed By: Lee Ann Marsh · License #245551
Added: Aug 13 Changed: Aug 21 Last Checked: Aug 22 at 5:06AM
MLS# SA362652

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 3,224-square-foot triplex contains three separate residences totaling 6 bedrooms and 4.5 baths. The unit mix includes a three-bedroom, two-and-a-half-bath residence, a one-bedroom unit, and a two-bedroom unit. Each includes a kitchen and private outdoor space, while the larger residence adds a carport, outdoor shower, fenced backyard, brick paver patio, and exterior storage building. An additional storage area includes a sink and countertop.

Recent improvements include a new roof, windows, Hardy Plank siding, plumbing to the City tie-in, bathrooms, interior flooring, lighting, blinds, and landscaping. The property also offers off-street parking, public water, and public sewer. Located three blocks from the beach, the property is within walking distance of shops, coffee and ice cream shops, restaurants, and bars.

Key Highlights

  • 3,224 square feet on 0.17 acres
  • Three‑unit layout with 6 bedrooms and 4.5 baths
  • Three‑bedroom unit includes carport, outdoor shower, fenced yard, and brick paver patio

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Hair Salon Big Box & Wholesale Store Storage Facility Bakery

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with private outdoor areas, off-street parking, and updated major systems.
Where is this triplex located?
The property is located at 303 3rd Street Tybee Island, GA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 3,224 square feet on 0.17 acres; Three‑unit layout with 6 bedrooms and 4.5 baths; Three‑bedroom unit includes carport, outdoor shower, fenced yard, and brick paver patio
More about this property
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