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 (The Terraces) for more pictures.
For sale
Price cut: $100K (4/20)
$1,895,000
3 2nd Terrace Street, Tybee Island, GA 31328
5beds
3,200sqft
Triplex
Built in 1935
-- sqft lot
$-- Zestimate®
$592/sqft
$-- HOA
What's special
Fantastic viewsElevator for convenience
- 68 days |
- 499 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Teresa O. Jackson 912-429-0578,
Coldwell Banker Access Realty
Source: Hive MLS,MLS#: SA354067
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Central, Electric, Heat Pump, Wall Furnace
Cooling
- Central Air, Electric
Appliances
- Included: Some Electric Appliances, Electric Water Heater, Oven, Plumbed For Ice Maker, Range Hood, Dryer, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Ceiling Fan(s)
- Flooring: Hardwood
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 4
- Parking features: Underground, Off Street
- Carport spaces: 4
Accessibility
- Accessibility features: No Stairs
Features
- Has view: Yes
- View description: Water
- Water view: Water
- Body of water: Atlantic Ocean
Lot
- Features: Level
Details
- Parcel number: 4000405004
- Zoning: R.T
- Zoning description: Multi Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Underground Utilities
Community & HOA
HOA
- Has HOA: No
- Second HOA name: Desoto Beach Prop
Location
- Region: Tybee Island
Financial & listing details
- Price per square foot: $592/sqft
- Tax assessed value: $1,094,100
- Annual tax amount: $13,738
- Date on market: 4/20/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,1031 Exchange
- Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Refrigerator, Washer
- Ownership type: Investor
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Price change | $1,895,000-5%$592/sqft |
Source:  Hive MLS #SA354067 Report a problem | ||
| 2/24/2025 | Listed for sale | $1,995,000$623/sqft |
Source:  Hive MLS #298295 Report a problem | ||
| 10/15/2024 | Listing removed | $1,995,000$623/sqft |
Source: Coldwell Banker Platinum Properties #298295 Report a problem | ||
| 4/11/2024 | Price change | $1,995,000-11.3%$623/sqft |
Source: Hive MLS #298295 Report a problem | ||
| 3/12/2024 | Listed for sale | $2,250,000$703/sqft |
Source: Hive MLS #298295 Report a problem | ||
| 1/29/2024 | Pending sale | $2,250,000$703/sqft |
Source: Coldwell Banker Platinum Properties #298295 Report a problem | ||
| 12/1/2023 | Listed for sale | $2,250,000$703/sqft |
Source: Coldwell Banker Platinum Properties #298295 Report a problem | ||
| 11/17/2023 | Pending sale | $2,250,000$703/sqft |
Source: Coldwell Banker Platinum Properties #298295 Report a problem | ||
| 10/16/2023 | Listed for sale | $2,250,000+309.1%$703/sqft |
Source: Hive MLS #298295 Report a problem | ||
| 2/25/2011 | Sold | $550,000-62.1%$172/sqft |
Source: Public Record Report a problem | ||
| 8/17/2007 | Sold | $1,450,000$453/sqft |
Source: Hive MLS #SA31826 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,738 +17.1% | $437,640 |
| 2024 | $11,733 -3% | $437,640 +14.6% |
| 2023 | $12,101 +21.3% | $381,840 +22.8% |
| 2022 | $9,974 +9.7% | $310,920 +14.9% |
| 2021 | $9,094 -2.2% | $270,600 |
| 2020 | $9,296 +10% | $270,600 -6.5% |
| 2019 | $8,452 -35.5% | $289,440 +7% |
| 2018 | $13,100 +3% | $270,600 +27.2% |
| 2017 | $12,724 +85.6% | $212,760 |
| 2016 | $6,855 -50% | $212,760 |
| 2015 | $13,720 +34.6% | $212,760 -0.9% |
| 2014 | $10,193 | $214,680 +1.6% |
| 2013 | -- | $211,360 +35.2% |
| 2012 | -- | $156,280 +3.2% |
| 2011 | -- | $151,440 -29% |
| 2010 | -- | $213,240 -23.9% |
| 2009 | -- | $280,200 -31.2% |
| 2008 | -- | $407,000 +38.1% |
| 2007 | -- | $294,800 |
| 2006 | -- | $294,800 +12.8% |
| 2005 | -- | $261,400 +72.7% |
| 2003 | -- | $151,400 +0.5% |
| 2002 | -- | $150,600 +118.3% |
| 2001 | -- | $69,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 31328
Nearby schools
GreatSchools rating
- 6/10Howard Elementary SchoolGrades: PK-5Distance: 8.4 mi
- 7/10Coastal Middle SchoolGrades: 6-8Distance: 10.2 mi
- 7/10Island's High SchoolGrades: 9-12Distance: 9.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Chatham County
- Tybee Island
- 31328
- 3 2nd Terrace Street
Nearby cities
Nearby zip codes
Other Tybee Island Topics
