505 Jones Ave, Tybee Island, GA 31328

Property Description

Coastal living meets investment opportunity! Just 2 1/2 blocks from beach access, this beautifully renovated and updated property offers over 2,500 sq. ft. of versatile living space, a private pool and an exceptional opportunity for investment or multi-generational living. Featuring a five bedroom, four bathroom configuration across three separate living spaces, this property offers flexibility, privacy and income potential in a prime beachside location. The main home features three bedrooms and two baths, with a modern, open concept kitchen, dining and living area designed for comfortable everyday living and entertaining. The spacious chef inspired kitchen offers abundant workspace, functionality, a breakfast area and an eye catching exposed rafter ceiling design. The generous living and dining areas flow seamlessly to a large screened front porch, perfect for outdoor dining and relaxing. A back deck off the kitchen provides the ideal spot for grilling. The primary suite features a private en suite bath with walk in shower, while two additional guest bedrooms share a full bath. Adding tremendous versatility are two separate living spaces. The one bedroom one bath apartment includes its own living/dining and kitchen along with a screened front porch, back deck and privacy fenced back yard. The one bedroom one bath studio apartment blends retro character with modern functionality. A spacious storage and workshop area offers additional possibilities including potential expansion of the studio's living space. Ample parking including golf cart parking. The investment potential is equally appealing with two additional units recently generating more than $40,000 in combined annual long term rental income. Enjoy a private pool and an unbeatable location just steps from a neighborhood park with playground, tennis and pickleball courts. The YMCA, shopping and restaurants are all a short walk away and the beach is just 2 1/2 blocks. Looking for a coastal retreat, multi-generational or income producing property, this property offers it all. After January 1, 2027, a short term rental can be applied for and depending on availability it may be a possibility for a buyer.