Island Living, Income Potential & NO HOA! Why choose between owning a piece of St. Simons Island and making a smart investment when you can have both? Welcome to 501 Atlantic Drive, a well-maintained coastal property offering flexibility, established rental history, and the opportunity to make island living work for you! Featuring two separate living spaces, the upstairs offers a 2-bedroom,
Island Living, Income Potential & NO HOA! Why choose between owning a piece of St. Simons Island and making a smart investment when you can have both? Welcome to 501 Atlantic Drive, a well-maintained coastal property offering flexibility, established rental history, and the opportunity to make island living work for you! Featuring two separate living spaces, the upstairs offers a 2-bedroom, 2-bath residence with a successful history of mid-term, executive, and corporate rentals, while the downstairs 1-bedroom, 1-bath residence boasts a strong history of long-term rental use. Whether you’re an investor seeking multiple income streams, a buyer looking to live in one space while offsetting ownership costs with rental income, or someone searching for a coastal retreat with added flexibility, the possibilities are exciting! Situated on a generous lot, this property features an inviting porch, a two-car garage, an existing elevator (functionality unverified), and an HVAC system replaced within the last few years. Best of all, NO HOA! With its versatile layout, established rental history, and desirable St. Simons Island location, 501 Atlantic Drive offers more than just a place to call home. It’s an opportunity to enjoy the coastal lifestyle while putting your property to work for you! Listing agent is a principal in this transaction.
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Property type
House
Year built
1990
Price/sqft
$329
Features
Garage
Elevator
Equestrian
Air Conditioning
Investment Property
Kitchen island
Coastal
Explore the Area
501 Atlantic Drive, Saint Simons Island, GA 31522, St. Simons, Georgia, United States
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The team at Corcoran Austin Hill Realty has proudly served Greater Savannah since 1978. We’re a progressive, mu
The team at Corcoran Austin Hill Realty has proudly served Greater Savannah since 1978. We’re a progressive, multi-generational company committed to offering our clients unparalleled service throughout their real estate journeys-wherever they might take them.
More than living and working here, we’re also invested in this community. Every one of us contributes time and resources to benefit our neighbors at large. The Location Gallery, hosted at our company’s office, shows work by rising area artist, with 50% of all profits going to local charities.
Our deep roots, decades of experience, and extensive global network make us your most valuable partner in Southeast Georgia real estate.
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Last updated
Yesterday
First listed
November 12
Listing reference
85y4mv
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