20 14th St - Apartments FOR SALE


Tybee Island, GA 31328
$2,900,000 USD
912-356-5001
20 14th St, Tybee Island, GA for Sale
$2,900,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

20 14th St
Tybee Island, GA 31328


OVERVIEW

This property offers endless possibilities! The expansive size of this lot is a rarity on Tybee Island, especially its proximity to the beach and local attractions. This property has not been on the market in over 50 years, making it a truly unique investment opportunity. Sitting on 0.58-acre corner lot with mixed-use zoning, the 5,606 sq/ft two-story building, built in 1920, features 6 beds, 6 baths, and 1 half bath, offering space for residential, commercial, or development purposes. Direct beach access through an easement across the dunes and just blocks from Tybee’s famous pier, shops, and restaurants, it couldn't be more ideal. Whether you're envisioning a coastal retreat or business venture, this rare property offers immense development potential, providing a variety of opportunities to bring your vision to life. This is your chance to own a piece of Tybee Island history and capitalize on one of the most sought-after locations on the island.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$518 USD /SF

# OF UNITS

6

PRICE/UNIT

$483,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,439 SF

ZONING

R2

APN/PARCEL ID

4000706001

ASK ABOUT THIS PROPERTY

Nicholas OliverKeller Williams CommercialMore Info
912-356-5001

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Nicholas OliverKeller Williams CommercialMore Info
912-356-5001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.