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Sold for $2,600,000
  • $2,600,000

    1312 Butler Avenue, Tybee Island, GA 31328

    12beds
    5,831sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $446/sqft
    $2,252 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,252/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Teresa O. Jackson 912-429-0578,

    Coldwell Banker Access Realty

    Bought with:

    NONMLS Sale, NMLS

    NON MLS MEMBER

    Source: Hive MLS,MLS#: SA298298MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 11
    • Full bathrooms: 11
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Double Oven, Electric Water Heater, Microwave, Range Hood, Self Cleaning Oven, Dryer, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup, Laundry Room
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Hardwood, Tile
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 5,831 sqft

    Property

    Parking
    • Total spaces: 13
    • Parking features: Off Street
    • Garage spaces: 13
    Features
    • Patio & porch: Porch, Balcony
    • Exterior features: Balcony
    • Pool features: Heated, In Ground
    • Fencing: Privacy,Yard Fenced
    Lot
    • Size: 0.50 Acres
    • Features: Interior Lot
    Details
    • Parcel number: 4000706005
    • Zoning: C-1
    • Zoning description: Commercial,Multi Family
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Underground Utilities

    Community & neighborhood

    Security
    • Security features: Security Lights
    Location
    • Region: Tybee Island

    HOA & financial

    HOA
    • Has HOA: No
    • Second association name: Desoto Beach Prop

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,1031 Exchange
    • Ownership type: Other

    Price history

    DateEventPrice
    2/20/2025Sold$2,600,000-13.2%$446/sqft
    Source: Hive MLS #SA298298 Report a problem
    12/31/2024Pending sale$2,995,000$514/sqft
    Source: Coldwell Banker Platinum Properties #298298 Report a problem
    4/4/2024Price change$2,995,000-6.4%$514/sqft
    Source: Hive MLS #298298 Report a problem
    11/10/2023Price change$3,200,000-3%$549/sqft
    Source: Hive MLS #298298 Report a problem
    10/16/2023Listed for sale$3,300,000+175%$566/sqft
    Source: Hive MLS #298298 Report a problem
    5/17/2017Sold$1,200,000$206/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,242 -0.5%$390,000
    2024$12,301 -0.5%$390,000
    2023$12,359 -1.2%$390,000
    2022$12,511 -4.5%$390,000
    2021$13,106 -9.7%$390,000 -7.6%
    2020$14,506 $422,240
    2019$14,506 -33.3%$422,240 -10.7%
    2018$21,759 +6.5%$473,000 +28.5%
    2017$20,434 +72.3%$368,000
    2016$11,857 $368,000

    Find assessor info on the county website

    Neighborhood: 31328

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: TIMA
    • Middle: Coastal
    • High: Islands

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.