1312 Butler Ave, Tybee Island, GA 31328

$2,600,000
12
BD
11
BA
5,831
SqFt

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Sold Price
$2,600,000
List Price
$2,995,000
Status
CLOSED
Days on Market
441
Closing Date
Feb 20, 2025
MLS#
SA298298
Subtype
Residential Income
Year Built
1910
Bedrooms
12
Bathrooms
11
Full Baths
11
Living Area
5,831
Lot Size
21,780
Acres
0.50

Property Description

This historic inn grosses over $386,000 in income and has eight (8) separate apartments. It was originally built in 1910 and has been a favorite vacation site for all the years since. The current owners bought the property in 2019 and began major renovation - all units were upgraded and new furnishings were placed - the entire front from Butler Ave. to the building has been placed with brick pavers, Landscaping and a turnaround with ample parking for all guests. A large inground pool has been added for additional pleasure that is heated and cooled. There is a 5 foot access easement to the ocean' There is a coin operated laundry as well as commercial ice dispenser. The units vary in size from efficiency to large 3 bedroom apartment (that could easily be owner's residence). This property is located in an "X" zone and flood insurance not required. Please check Desoto Beach rentals (Georgiann Inn) for more pictures of individual apartments.

Additional Information

Interior Features
Ceiling Fans
Exterior Features
Balcony
Zoning
C-1
Flooring
Carpet, Hardwood, Tile
Appliances
Double Oven, Electric Water Heater, Microwave, Range Hood, Self Cleaning Oven, Dryer, Refrigerator
Heating
Electric, Heat Pump
Air Conditioning
Central Air, Electric
Roof
Composition
Parking Features
Off Street
Garage Spaces
13
Elementary School
TIMA
Middle School
Coastal
High School
Islands

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Access Realty. Selling Office: NON MLS MEMBER.