Historic Tybee Island Duplex Beach Cottage for Sale with Income Potential

Located at 1003 Lovell Avenue on Tybee Island, this historic duplex beach cottage offers a combination of original 1928 character, flexible living spaces + rental income potential.

The two-story property features 4 bedrooms, 2.5 bathrooms, an additional flexible upstairs room + approximately 1,952 sqft of living space. It is being sold fully furnished with an active Short-Term Vacation Rental (STVR) certificate and projected annual rental income of up to $100,000.

With separate living spaces on each floor, the property offers several options for personal use, vacation rentals or a combination of both.

A Unique Two-Story Layout with Flexible Living Spaces

The cottage's two-story layout provides separate living accommodations on each floor, allowing for privacy between owners and guests.

The downstairs level includes 2 bedrooms, 1.5 bathrooms, a kitchen + living area. Upstairs, there are 2 additional bedrooms, 1 full bathroom, another kitchen + a separate living area.

The upstairs living area can also serve as an additional bedroom, depending on how the property is used.

Having a kitchen + living area on both levels provides flexibility for buyers interested in using the property as a primary residence, second home or vacation rental.

Multiple Ways to Generate Rental Income

The duplex layout allows buyers to consider several different ways to use the property:

• Live downstairs & rent the upstairs unit.

• Live upstairs & rent the downstairs unit.

• Rent both levels as separate living spaces.

• Operate the entire property as a vacation rental.

The property has projected annual rental income of up to $100,000 and is being sold fully furnished, reducing the amount of initial furnishing needed for a buyer planning to operate it as a rental.

Rental projections are estimates and do not guarantee future income. Actual performance will depend on occupancy, rental rates, operating expenses and other factors.

Your Own Private Backyard Retreat

The property includes a private backyard with several outdoor amenities for owners and guests.

Features include:

• In-ground swimming pool

• Hot tub

• Sauna

• Outdoor space for entertaining

• Small canned ham camper included with the property

Additional features include a metal roof and fully furnished interiors.

These amenities provide additional space for outdoor use and may also appeal to vacation rental guests.

Convenient Mid-Island Location on Tybee Island

Location makes this property even more desirable! Situated in a convenient mid-island location, this cottage offers easy access to Tybee Island's beautiful beaches, local restaurants, shopping, and the popular Tybee Pier.

Enjoy everything the island has to offer, from relaxing beach days to exploring local shops and enjoying fresh coastal dining.

An Exciting Vacation Rental Investment Opportunity

This historic duplex beach cottage is more than just a place to enjoy the beach. Its flexible layout and active STVR certificate create an opportunity for buyers interested in generating rental income.

The property has an active STVR certificate that, under Tybee Island's newly approved ordinance, will be eligible for a one-time transfer to a buyer beginning January 1, 2027, subject to city requirements and approval.

With projected annual rental income of up to $100,000, buyers have the opportunity to explore different ways to make the most of this property.

Make Tybee Island Your Next Investment!

With its historic 1928 character, 5-bedroom layout, two separate living spaces, private pool, hot tub, sauna, and flexible rental opportunities, this Tybee Island duplex beach cottage offers a unique opportunity to own a piece of coastal Georgia.

Interested in learning more? Contact Jenny Rutherford today for additional details or to schedule a private showing. Let Jenny help you explore this unique investment opportunity and discover the possibilities of owning a beach property on Tybee Island!