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104 17th pl - Tybee Reserve 4 Unit Apartment Building Offered at $5,785,000 at a 13.40% Cap Rate Tybee Island, GA 31328

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INVESTMENT HIGHLIGHTS

  • Short walk to Tybee Beach, Pier & Pavilion, and local dining/retail.
  • Modern open-concept layouts, 12-ft ceilings, solid white oak flooring, Cambria quartz countertops, and designer lighting.
  • Each unit offers multiple living areas, private balconies, and upscale finishes.
  • Projected annual revenue of $775K+ with strong STVR demand.
  • Heated saltwater pool with paver lounge deck in a private courtyard.
  • Keyless entry systems, sound-deadening insulation, and energy-efficient construction.

EXECUTIVE SUMMARY

Tybee's LARGEST 4 Unit Development the "Tybee Reserve" is Ready for Immediate Move In! The "Tybee Reserve" is a total of 22 Bedrooms, 19 Full Bathrooms & 2 Half Bathrooms, spanning 9132sqft. Zoned Commercial & Can Qualify for Residential Financing! STVR Eligible Property on the South End of Tybee Island with an Annual Projected Income of $775K+, the “Tybee Reserve” offers 4 Three Story Luxury Attached Single Family Units Sold as One Property! Each Unit offers Open Concept Layouts, 12 Foot Ceilings, Full Kitchens, Multiple Living Spaces, Washer + Dryer, Sound Deadening Spray Foam, Secure Keyless Entry & Dedicated Parking w/2 Car Garages + Driveways for 2-3 Additional Parking Spaces. Brand New Interiors feature 3 ¼ Solid White Oak Hardwood Flooring, Custom Kitchens w/Cambria Luxury Series Quartz, Designer Lighting + Large Windows throughout. Central Resort Style Outdoor Courtyard Includes a Private Heated Saltwater Pool w/Shell Lock Paver Lounge Deck. Unit A: 4BR/4BA w/Office, perfect for Bunk Setup, creating Occupancy for up to 12 Guests. Unit B: 6BR/5.5BA w/an Occupancy of up to 14 Guests. Unit C: 6BR/5.5BA w/Bunk Room off Main Level Bedroom, creating Occupancy for up to 16 Guests. Unit D: 6BR/5BA w/an Occupancy of up to 14 Guests. All Units Feature French Doors open to Neighborhood Views. Unit C+D Offers Oversized Sliding Glass Doors leading to Balcony w/Pool Views. Every Detail, from Modern Fixtures to High-Quality Finishes, has been carefully chosen to provide Upscale Comfort and Style. X FLOOD ZONE! Flood Insurance is Not Required. Just a Short Walk to the Beach, Pier + Pavilion, Tybrisa Dining + Retail.

PROPERTY FACTS

Price $5,785,000
Price Per Unit $1,446,250
Sale Type Investment
Cap Rate 13.40%
Sale Condition 1031 Exchange
No. Units 4
Property Type Multifamily
Apartment Style Townhome
Building Class B
Building Size 11,632 SF
No. Stories 3
Year Built 2025
Zoning C-1 - Zoned Commercial & Can Qualify for Residential Financing! STVR Eligible Property on the South End of Tybee Island w/Annual Projected Income of $775K+!

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Den
  • Family Room
  • Freezer
  • Island Kitchen
  • Office

SITE AMENITIES

  • Courtyard
  • Pool
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+4 1 - -
6+5 9 - -
  • Listing ID: 38832174

  • Date on Market: 12/19/2025

  • Last Updated:

  • Address: 104 17th pl, Tybee Island, GA 31328

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