850 Mallery Street, O-2, St. Simons Island

This move-in-ready townhouse-style condo in Ocean Walk checks a lot of boxes, second home, primary residence, or income property, take your pick. It's currently an active vacation rental with existing bookings that transfer to the new owner. That's immediate cash flow from day one, no ramp-up required. The unit itself has been well cared for and updated with an eye for detail, refreshed kitchen cabinetry with extra drawer space, new countertops, and a nice backsplash. Downstairs, ceramic tile runs throughout for easy upkeep, and the layout gives you two flexible living areas you can arrange as living/dining however suits you, plus an updated half bath. Smart features include a Nest thermostat and remote door access handy for owners and renters alike. Upstairs are two carpeted bedrooms. The primary has its own access to the full bath and plenty of closet space. The second bedroom currently works as a den/office but has a built-in Murphy bed, so it converts to guest space in seconds. There's also a big walk-in closet and a hallway laundry closet between the two rooms. Ocean Walk itself is one of the Village area's most sought-after communities, about 16 landscaped acres with two pools (one heated in winter), tennis and pickleball, a lake, and a clubhouse with a fitness center and laundry. You're just a walk or bike ride from St. Simons Pier Village, where the historic pier, Neptune Park, and the St. Simons Lighthouse anchor a stretch of local restaurants, boutiques, and ice cream shops that make evenings here feel like a permanent vacation. St. Simons Island itself is one of Georgia's Golden Isles, known for its live oaks draped in Spanish moss, miles of beach, golf courses, and a laid-back island pace that draws both full-time residents and seasonal visitors year after year. It's close enough to Brunswick and the mainland for easy errands and airport access, but far enough removed to keep that small-island feel intact. Short-term rentals are allowed, pets are welcome, and it's being sold furnished, including the SMART TV, so it's genuinely turnkey, whether you want to move in or keep the rental income going.