1312 Butler Ave Tybee Island, GA 31328
Tybee Island NeighborhoodHighlights
- Heated In Ground Pool
- 21,780 Sq Ft lot
- No HOA
- Howard Elementary School Rated A-
- Wood Flooring
- Double Self-Cleaning Oven
About This Home
As of February 2025This 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,107
Year Built
- Built in 1910
Lot Details
- 0.5 Acre Lot
- Fenced Yard
Parking
- 13 Car Garage
- Off-Street Parking
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 5,831 Sq Ft Home
- 2-Story Property
- Security Lights
Kitchen
- Double Self-Cleaning Oven
- Microwave
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 11 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Outdoor Features
- Heated In Ground Pool
- Balcony
- Porch
Schools
- Tima Elementary School
- Coastal Middle School
- Islands High School
Utilities
- Central Air
- Heat Pump System
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Buildings
- Desoto Beach Prop Association
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 4000706005
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | Sold | $2,600,000 | -13.2% | $446 / Sq Ft |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 04/04/2024 04/04/24 | Price Changed | $2,995,000 | -6.4% | $514 / Sq Ft |
| 11/10/2023 11/10/23 | Price Changed | $3,200,000 | -3.0% | $549 / Sq Ft |
| 10/16/2023 10/16/23 | For Sale | $3,300,000 | -- | $566 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $24,602 | $390,000 | $198,200 | $191,800 |
| 2023 | $18,615 | $390,000 | $198,200 | $191,800 |
| 2022 | $13,107 | $390,000 | $198,200 | $191,800 |
| 2021 | $19,659 | $390,000 | $198,200 | $191,800 |
| 2020 | $14,507 | $0 | $0 | $0 |
| 2019 | $21,759 | $6,584 | $0 | $0 |
| 2018 | $11,857 | $473,000 | $198,200 | $274,800 |
| 2017 | $11,856 | $368,000 | $198,200 | $169,800 |
| 2016 | $11,856 | $368,000 | $368,000 | $0 |
| 2014 | $23,219 | $507,560 | $0 | $0 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | New Conventional | |
| Previous Owner | $166,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $1,239,640 | Unknown | |
| Previous Owner | $406,575 | Commercial | |
| Previous Owner | $436,000 | Commercial | |
| Previous Owner | $200,000 | Commercial |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,600,000 | -- | |
| Warranty Deed | $1,200,000 | -- |
Source: Savannah Multi-List Corporation
MLS Number: 298298
APN: 4000706005
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