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1312 Butler Avenue Tybee Island, GA $ 2,995,000
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$ 2,995,000 Get more info
1312 Butler Avenue
$ 2,995,000
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Share Save

1312 Butler Avenue

Tybee Island, GA, 31328
$ 2,995,000
Bedrooms12 Baths11.0 Sq 5,831

Monthly Estimate*

$ 19,906

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Multi-Family Home for sale in Tybee Island, GA

for $2,995,000 with 12 bedrooms and 11 full baths. This 5,831 square foot home was built in 1910 on a lot size of 0.5.

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.

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Multi-Family Active

Price

$ 2,995,000

Bedrooms

12

Full Bath

11

Property Type

Multi-Family

Taxes

$ 13,107

Style

MultiFamily

Lot Size

0.5

Year Built

1910

Town/City

Tybee Island

County/Region

Chatham

MLS | Web ID

298298
Features
General
Interior Features CeilingFans
Sewer PublicSewer
Heating Electric HeatPump
Cooling CentralAir Electric
Utilities CableAvailable UndergroundUtilities
Possession CloseOfEscrow
Roof Composition
Appliances DoubleOven ElectricWaterHeater Microwave RangeHood SelfCleaningOven Dryer Refrigerator
Exterior Features Balcony Porch
Zoning C-1
Garage Spaces 13.0
Patio/Porch Features Balcony Porch
Pool Features Heated InGround
Security Features SecurityLights
Construction Materials Frame
Year Built 1910
Property SubType MultiFamily
Tax Year 2022
Percent Ownership Other
County Chatham County
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Due Diligence
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Highway 80 East to Tybee - ButlerAVe. - look for Georgianna sign between 13-th and 14th oceanside.
High School Islands
City Tybee Island
View Y/N N
Senior Community Y/N N
Zoning Description Commercial Multi Family
NumberOfUnitsTotal 0
Lot Size Units Acres
Lot Size Square Feet 21780.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Butler
Listing Terms Cash Conventional Item1031Exchange
Elementary School TIMA
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 13107.0
Home Warranty Y/N N
Middle/Junior High School Coastal
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Lot 1
Expected Active Date 2023-10-16
Legal Description LOT 1 RECOM OF W PT OF BEACH LOTS 83 & 84 WARD 4 TYBEE
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Interior
Flooring Carpet Hardwood Tile
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 11
Half Baths 0
Street Suffix Avenue
Laundry Features WasherHookup DryerHookup LaundryRoom
Total Bedrooms 12
Electric On Property Y/N N
Total Baths 11
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Exterior
Fencing Privacy YardFenced
Parking Features OffStreet
Lot Features InteriorLot
Water Source Public
Inclusions Alarm-Smoke/Fire Ceiling Fans Dryer Refrigerator
Lot Size Area 0.5
Number of Buildings 2
Spa N
Lot Size Acres 0.5
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1312
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* Excluded Features
List By
Coldwell Banker Access Realty

Broker

terryoftybee@aol.com

Email

Affordability Calculator

$20,998
Per Month
95%
5%
0%
Monthly Principal & Interest
$19,906
Monthly Property Taxes
$1,092
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2211286 Elementary School
298398 Middle School
Islands High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/4/2024$2,995,000 -6.41% Price Down
11/10/2023$3,200,000 -3.03% Price Down
10/16/2023$3,300,000 Listed Price

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1312 Butler Avenue, Tybee Island, GA, 31328 is a Multi-Family Home for sale at $2,995,000 with 5,831 sqft and a lot size of 0.5. 1312 Butler Avenue has 12 bedrooms, 11.0 baths, and was built in 1910. The property's zip code is 31328 which is in Tybee Island, GA

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