Tybee Island Real Estate Search

Tybee Island Multi-Family Properties for Sale

Our website features the best real estate search for multi-family properties available in Tybee Island and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Tybee Island Multi-Family Homes for Sale

$1,895,000
6 Beds ⋅ 6 Baths ⋅ SA363420 MLS
The Bed & Breakfast lnn. This unique property was originally built in 1940 - The property was purchased by the current owners, Desoto Beach Properties, in 2004. The renovation began immediately the single family home was transformed into a unique B&B. The property has been through another transformation when the current owners renovated and added three efficiency apartments on the bottom level. The top level, which has 3 bedrooms, is continuing to operate as a B&B. The property is in a C-1 zone so no in-house owner is required. Located mid island, the property makes it an easy access to all main attractions. The income stream is amazing, and someone could effectively live the main levels and continue to rent the three efficiencies and would be able to cash flow without out-of- pocket monies. The current owners are willing to provide all income info and would agree to continue to manage @ below market rates. The B&B has 2 luxury suites and 1 suite with ocean views - there are rocking chair porches, and three beach accesses - A full hot-meal breakfast is served each morning and refreshments and cheese hour each afternoon. The 3 efficiency suites offer kitchenettes, off-street parking, and private outdoor garden patios. What a rare opportunity for a proven investment and your chance to have your own little slice of heaven. Private appointments required based on current reservation availability.

210 Butler Ave, Tybee Island
$1,700,000
6 Beds ⋅ 5 Baths ⋅ SA362652 MLS
What a fantastic investment opportunity just three blocks from the beach! This fully renovated triplex offers excellent flexibility for an investor looking for a property with multiple income producing units. With a total of 6 bedrooms, 4 and a half baths, ample parking, private outdoor spaces and extensive recent renovations, this property is ready for a savvy investor. The spacious 3 BR 2.5 BA unit has been beautifully renovated with a relaxed coastal flair and features a carport, outdoor shower, privacy fenced backyard with brick paver patio and an additional exterior storage building. A storage area off the carport with a sink & countertop offers the potential for an outdoor kitchen, perfect for entertaining after a day at the beach. The whole interior has been renovated including new kitchen, new floor, new lighting, new blinds. The second unit is a one bedroom, one bath with a kitchen, living room, office space and laundry. The third unit offers two bedrooms, one bath, living area, kitchen and laundry. Each unit provides its own privacy and out door space, including fenced yards and brick paver patios. Enjoy peace of mind with major updates already completed, including a new roof, new windows, new Hardy Plank siding, new plumbing to the City tie in, all new bathrooms and new landscaping. With its prime location just minutes from the beach, multiple rental units, abundant parking, private outdoor spaces and extensive renovations, this triplex offers a rare opportunity to own a versatile and income producing coastal property. Live in one and still have two income producing units. Walk to the beach, boutique shops, coffee & ice cream shops, restaurants and bars.

303 3rd St, Tybee Island
$985,000
4 Beds ⋅ 4 Baths ⋅ SA358044 MLS
RARE TYBEE INVESTMENT & LIFESTYLE OPPORTUNITY — TWO CONDOS, ONE PROPERTY Two independent 2BR/2BA condos overlooking beautiful Chimney Creek and the tidal marsh, offered together as one exceptional Tybee Island property. Live in one and rent the other, operate both as vacation rentals, combine personal use with rental income, or create a private coastal retreat for family and guests. Each condo has its own STR certificate, with certificates transferable to a new owner, offering an increasingly valuable opportunity for a buyer interested in vacation-rental income. The property is located in Tybee’s RT zoning district and also offers flexibility for long-term rental or residential use. Together, the two units provide approximately 2,200 square feet, 4 bedrooms and 4 full baths. Each has an open living plan, updated kitchen, generous storage and its own full deck overlooking Chimney Creek and the marsh. The upper unit also features a wood-burning fireplace. A convenient lift provides access to both residential levels, and the property offers abundant parking and storage. Best of all is the setting. Relax on the decks and watch the tides, wildlife and spectacular sunsets over the creek and marsh. The property feels wonderfully private and tucked away, yet the beach, restaurants, shopping and everything Tybee has to offer are just minutes away

8 Lighthouse Ln, Tybee Island
$1,149,000
6 Beds ⋅ 5 Baths ⋅ SA354234 MLS
Welcome to the Blue Pearl at 1102 Lovell Avenue, a historic Tybee Island beach home located just one block from the beach in a desirable mid-island location. Built circa 1932, this distinctive coastal property offers six bedrooms, five bathrooms, three living areas, and exceptional flexibility for multi-generational living, extended family, guest accommodations, or rental-income potential. The upper level serves as the main residence with three bedrooms and three bathrooms. Original heart pine floors, high ceilings, built-in corner cupboards, and classic architectural details preserve the home’s authentic Tybee character. The updated kitchen features quartz countertops, a gas cooktop, wine refrigerator, and an impressive 10-foot peninsula with bar seating. The lower level includes two private guest or rental accommodations: a two-bedroom, one-bath apartment with a full kitchen, washer, and dryer, plus a separate one-bedroom, one-bath efficiency. Each space has its own private entrance, dedicated parking, and outdoor area. Altogether, the property provides six off-street parking spaces plus a one-car garage. A shared downstairs entrance and den connect all three living areas, allowing the property to function as one spacious six-bedroom home or as separate living spaces. With its flexible floor plan, historic coastal charm, and close proximity to the beach, dining, Memorial Park, and Tybee Island attractions, the Blue Pearl offers a rare opportunity to own a versatile beach house in the heart of Tybee Island. $64,000+ STR revenue from lower level apts in 2025 with possible continued STR pending passage of new Tybee STR ordinance

1102 Lovell Ave, Tybee Island
$750,000
4 Beds ⋅ 3 Baths ⋅ SA353567 MLS
Remarks This unique property offers the perfect blend of coastal living and income potential. Situated on two spacious lots only 2 1/2 blocks from the Fort Screven beach walkover, you'll enjoy plenty of room for outdoor living -or even a future pool. The upstairs residence features a 2 bedroom, 2 bath layout with open kitchen dining living room concept. The bright sunroom also doubles as extra sleep space. Inviting and spacious front porch plus a side deck for relaxing or entertaining. The living room includes a gas fireplace (currently non-working). A spacious laundry is conveniently located between the bedrooms. The downstairs apartment provides a 2 bedroom (one with a huge walk-in closet), 1 bath layout with a full kitchen with a pantry and a laundry closet with stackable washer and dryer. Downstairs has its own entrances -one to living room through sliding glass doors and one through back door to the kitchen. Parking and storage are abundant with a two car drive under carport, a separate garage w/storage and an attached carport. Perfectly located, this property is walking distance to popular local favorites including Sundae Cafe, Salt Island Fish & Beer, The Quarter Bar, Sand Cat Coffee Shop, Sugar Shack Ice Cream & Candy Shop, Tybee Post Theater, XYZ Liquor store, convenience stores and souvenir shops. For added flexibility, the two levels could easily be connected by an interior staircase, creating one large single family home if desired. The current owner lives downstairs and did short term rent the upstairs. The property is not zoned for STR's with our current STR ordinance, so it must be 30 days or more which are considered long term.

5 5th Ave, Tybee Island
$1,895,000
5 Beds ⋅ 5 Baths ⋅ SA354067 MLS
The Terraces is a very unique property located just one back from the ocean and steps to the beach crossover - Originally built in 1935, the current owners, Desoto Beach Properties, purchased the property in 2011 and the property has been through several major renovations and upgrades since that time - there is an elevator to the 2nd and 3rd floors - each floor is completely furnished and all three vary in size with the top floor the largest and best view. Each apartment has a private balcony and each apartment is provided a private parking space. All units are upgraded as required and furnishings replaced as needed to continue their excellent occupancy rate. This property is located in an R-T district and is not affected with current or proposed STVR changes. What a rare opportunity to have your own "slice of heaven" and have two other properties that provide income for expenses and/or debt service. The property is managed by the current owners via The Desoto Beach Hotel. Owners have agreed to continue management if new owners desire at a reduced market rate. Please call to schedule your private tour based on vacancy availability.

3 2nd Terrace St, Tybee Island
$799,000
4 Beds ⋅ 3 Baths ⋅ SA347244 MLS
Just 3 blocks from the beach, this beautifully updated three bedroom, two bath home with a spacious one bedroom one bath apartment offers exceptional flexibility and coastal charm. Ideally located within walking distance to restaurants, bars, shopping and entertainment, this property puts you right in the heart of it all. Recent renovations enhance the bright, open feel of the home, which is filled with natural light throughout. Three sliding glass doors open to a welcoming front porch, creating a seamless indoor-outdoor living experience perfect for relaxing or entertaining. Whether you are looking for a primary residence, vacation home or income-producing property, this one checks all the boxes. Sold furnished.

1404 Jones Ave, Tybee Island
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