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Sold for $5,250,000
  • $5,250,000

    224 Houston Street, Savannah, GA 31401

    15beds
    9,954sqft
    Multi Family
    Built in 1935
    -- sqft lot
    $5,193,700 Zestimate®
    $527/sqft
    $1,694 Estimated rent

    Home value

    $5,193,700

    $4.78M - $5.61M

    $1,694/mo

    Zestimate® history
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    $1,694/mo

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    $1,694/mo

    Rent Zestimate®

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    $25,870/mo

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    $25,870/mo

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    What's special

    Unlock a lucrative opportunity with The Present Hotel, a prized asset for sale in Savannah. Nestled in the coveted Landmark Historic District facing directly on Crawford Square, this 15 unit boutique gem boasts stellar financial performance with annual gross earnings exceeding $950,000. Designed by award winning designer, Elizabeth Demos, and extensively renovated in 2018, each uniquely curated room exudes character, offering guests a blend of historic charm and modern comfort. With its proven track record of success, including robust financials and a loyal clientele, The Present Hotel presents a rare chance to invest in a thriving hospitality business. Don't miss your chance to own Savannah's most unique boutique hotel. Features include updated plumbing, electrical, and in-room controlled high efficient heat and AC, in addition to thoughtfully designed amenities, including a gorgeous courtyard and espresso station. Supplemental videos, pictures and financials available on request.

    Zillow last checked:

    Listing updated:

    Listed by:

    Taavo Roos 912-429-6729,

    Seabolt Real Estate

    Bought with:

    Ridley Stallings, 370720

    AHR Commercial

    Melissa H. Rowan, 350739

    Corcoran Austin Hill Realty

    Source: Hive MLS,MLS#: SA314575MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 15
    • Full bathrooms: 15
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Interior area
    • Total interior livable area: 9,954 sqft

    Property

    Lot
    • Size: 5,401 sqft
    Details
    • Parcel number: 2001407003
    • Zoning: RIPA
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Savannah

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,1031 Exchange
    • Ownership type: Investor

    Price history

    DateEventPrice
    4/11/2025Sold$5,250,000-11.8%$527/sqft
    Source: Hive MLS #SA314575 Report a problem
    11/8/2024Price change$5,950,000-14.4%$598/sqft
    Source: Hive MLS #314575 Report a problem
    7/16/2024Listed for sale$6,950,000+264.6%$698/sqft
    Source: Hive MLS #314575 Report a problem
    2/28/2021Listing removed--
    Source: Owner Report a problem
    6/13/2020Listing removed$2,290
    Source: Owner Report a problem
    5/17/2020Price change$2,290+64.7%
    Source: Owner Report a problem
    4/16/2020Price change$1,390-13.1%
    Source: Owner Report a problem
    3/25/2020Listed for rent$1,600
    Source: Owner Report a problem
    3/15/2018Sold$1,906,000-4.5%$191/sqft
    Source: Hive MLS #SA183282 Report a problem
    12/18/2017Pending sale$1,995,000$200/sqft
    Source: Judge Realty, LLC #183282 Report a problem
    12/10/2017Listed for sale$1,995,000+767.4%$200/sqft
    Source: Judge Realty, LLC #183282 Report a problem
    9/13/2011Sold$230,000$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,629 +27.1%$473,400 +28.3%
    2024$10,724 -0.5%$369,080
    2023$10,779 $369,080
    2022$10,779 +11.2%$369,080 +17.4%
    2021$9,690 -1.1%$314,360 +1.3%
    2020$9,796 -54.7%$310,240 -61.5%
    2019$21,625 -28.9%$805,760 +14%
    2018$30,430 +191.8%$707,000 +286.8%
    2017$10,428 +51.4%$182,800 +10.4%
    2016$6,887 +2%$165,520 +1.6%
    2015$6,749 -21.9%$162,880 -4.2%
    2014$8,640 $170,000 +4.7%
    2013-- $162,320 -34.2%
    2012-- $246,840

    Find assessor info on the county website

    Neighborhood: North Historic District

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $5,193,700
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    +$103K
    With Zillow Showcase(estimated)
    $5,297,574