Listing provided courtesy of Charter One RealtyMLS# 503855MLS Provider
  • 166 days on site
  • 2 views

8-Bed Multi-Unit Beach Property on Daufuskie Island with Ocean Access, No HOA & Strong Rental Income101 Avenue of Oaks in Melrose on Daufuskie Island offers a rare chance to own a fully furnished, turn-key coastal investment just second row to the Atlantic with direct beach access. Looking for a property that combines lifestyle, flexibility, and income potential? This one delivers. This 5,600 sq ft building includes 8 bedrooms and 8 baths across four separate units. Each unit has its own full-width porch, perfect for enjoying ocean breezes, marsh views, and both sunrise and sunset skies. The layout supports easy indoor-outdoor living with a relaxed, coastal feel throughout. Inside, each unit offers fireplaces, laundry, jacuzzi tubs, and spacious living areas. The 2-bedroom floor plans include lockout capabilities, allowing for multiple rental options. Rent each side separately, combine units for larger groups, or keep one for personal use while generating income from the others. With no HOA, owners have flexibility to operate short-term or long-term rentals. Estimated rental income ranges from $35,000 to $50,000 per unit annually. You also have the option to subdivide and sell units individually, creating additional exit strategies and long-term value. Located in Melrose, this golf cart community offers easy access to restaurants, uncrowded beaches, and daily conveniences. A new pool and fitness center are scheduled to open in June 2026, adding even more appeal for guests and owners alike. Daufuskie Island is known for its private, bridge-less setting, quiet beaches, and natural surroundings. It's just a 30-minute boat ride to Savannah and a short trip to Hilton Head, making it both peaceful and connected. High-speed internet and delivery services support full-time living or remote work. Whether you're building a portfolio, creating a family retreat, or looking for a flexible income-producing property, this is a rare opportunity to own an entire multi-unit coastal building. Contact for a private tour and full rental projections.

Source: REsides MLS, MLS#: 503855

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  • Property Type
    Residential

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  • Median Age
    63
  • Population Density
    37
  • College Educated
    77%
  • Estimated Median Income
    $129,667
  • Estimated Total Home Owners
    221
  • Estimated Total Renters
    7
  • Owner / Renter Divide
    97% / 3%
  • Estimated Average Household Size
    2
  • Total Population
    485
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/23/2026Source: REsides MLS Price Reduction
$1,100,000 -4.3%
3/30/2026Source: REsides MLS Price Reduction
$1,150,000 -4.2%
1/15/2026Source: REsides MLS Added to Database
January 15, 2026