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525 E Gwinnett Street #B, Savannah, GA, 31401

1beds
1baths
682sqft
$391,000
$573price/sqft
$2,670/moest. monthly cost
$106,800/yrincome needed

About This Home

Your chance to own a sweet slice of Savannah where Forsyth Park is at your fingertips and the city is your oyster. This charming one-bedroom condo is perfectly positioned in one of Savannah’s most beloved neighborhoods, just steps from morning walks beneath live oaks, weekend farmers markets, coffee runs, and some of the city’s best dining and culture. The bright, inviting layout features gorgeous hardwood floors, a funky yet functional galley kitchen, abundant natural light, an updated bathroom, and a sunlit back porch. Whether you’re looking to dip a toe into the short-term rental market or enjoy a low-maintenance home with resort-style perks, this property offers flexibility and broad appeal. Currently operating as a NON-OWNER OCCUPIED SHORT TERM VACATION RENTAL, this condo provides a solid foundation for income while still leaving room to elevate performance or simply enjoy it as your personal Savannah retreat.

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
82
BikeVery Bikeable

Construction

Condition

  • Year built: 1893

Materials

  • Foundation: Crawlspace
  • Roof: Asphalt
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Bungalow
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Electric Water Heater,Microwave,Range Hood,Dryer,Refrigerator,Washer
  • Laundry features: In Hall

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),Galley Kitchen,Other,Pull Down Attic Stairs,Recessed Lighting,See Remarks,Fireplace
  • Number of fireplaces: 2
  • Fireplace features: Decorative,Living Room,Master Bedroom
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 682 sqft

Property

Details

  • Parcel number: 2004306052
  • Attached to another structure: Yes
  • Zoning: R1
  • Special condition: Standard

Features

  • Pool features: In Ground,Community
  • Patio & porch: Patio,Balcony,Deck
  • Exterior features: Balcony,Courtyard,Deck,Outdoor Grill
  • Fencing: Wood,Privacy,Yard Fenced
  • Has view: Yes
  • View description: Panoramic

Lot

  • Lot size: 431.24 sqft
  • Features: Historic District,None

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Georgia Counties

Hurricane
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,977$23,724
Home Insurance *$211$2,532
Property Taxes $263$3,156
Electricity $219$2,637
Total$2,670$32,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,542/yr
40% on housing$80,100/yr
45% on housing$71,200/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.6%
3.6%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$573This listing

vs Other Active Listings

Avg $/sqft

ZIP 31401$370
Chatham County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 31401$321
Chatham County$203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Price change$391,000
2026-02-16Listed for sale$400,000
2024-03-27Sold$383,860
2024-01-27Price change$395,000
2024-01-12Listed for sale$410,000
2023-11-29Listing removed--
2023-11-06Listed for sale$395,000
2022-02-15Listing removed--
2022-01-25Price change$335,000
2021-10-27Listed for sale$350,000

For Sale by Agent

AgentNicole Williams
BrokerageReal Broker, LLC

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