About This Home

This 0-bedroom, 0-bathroom multi-family at 700 Mitchell Dr. in Myrtle Beach, SC is listed for $1,900,000 ($206 per sqft). Built in 1960, the home offers 9,208 sqft of living space on a N/A lot.

Key Features

  • Built in 1960

Property Details

1960
Listing Description

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.

Monthly Cost Estimate

$10,162/mo

20% down · 6.5% · 30 years

Principal$1,374
Interest$8,233
Insurance$554

Estimates only. Actual payments may vary.

Location

700 Mitchell Dr.

Myrtle Beach, SC 29577

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 700 Mitchell Dr. is listed at $1,900,000 ($206/sqft). The estimated monthly payment is $10,161 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960.

This property is listed by Ester Esti Simantov.

ES

Ester Esti Simantov

Agent at Own Myrtle Real Estate, LLC

Listed by Own Myrtle Real Estate, LLC · Broker phone: (843) 855-5570 · View on Broker Site · Broker website

MLS# 2509474· Source: Coastal Carolina Association of REALTORS®· 561 days on PropertySimple

Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

700 Mitchell Dr., Myrtle Beach, SC 29577

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