700 Mitchell Dr., Myrtle Beach, SC 29577

Myrtle Beach
Local realty services provided by:Better Homes and Gardens Real Estate Elliott Coastal Living
700 Mitchell Dr.,Myrtle Beach, SC 29577
$1,900,000
  • - Beds
  • - Baths
  • 10,000 sq. ft.
  • Multi-family
  • Active
Listed by: ester esti simantovCell: 516-233-0601
Office: own myrtle real estate
MLS#:2509474
Source:SC_CCAR

Price summary

  • Price:$1,900,000
  • Price per sq. ft.:$190

About this home

LOCATION, LOCATION, LOCATION! This unique compound features four buildings situated in the highest-density zoning available—MUH—spanning 0.66 acres. The property includes 21 total units, made up of 16 efficiencies and 5 two-bedroom apartments, offering excellent flexibility for both short-term and long-term rental opportunities and is offered at a 9.7% cap rate. Perfectly positioned between Ocean Blvd and Highway 17 Business, it's just a short stroll to the beach, restaurants, and shopping. Whether you're looking for immediate rental income or future redevelopment potential, this location checks every box.

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Home facts

  • Year built:1960
  • Subdivision & Development:Not within a Subdivision
  • Listing ID #:2509474
  • Added:1314 day(s) ago
  • Updated:November 03, 2026 at 04:17 PM

Rooms and interior

  • Living area:10,000 sq. ft.

Structure and exterior

  • Year built:1960
  • Building area:10,000 sq. ft.

Schools

  • High school:Myrtle Beach High School
  • Middle school:Myrtle Beach Middle School
  • Elementary school:Myrtle Beach Elementary School

Finances and disclosures

  • Price:$1,900,000
  • Price per sq. ft.:$190
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