9,208 sqft

$1,900,000

700 Mitchell Dr., Myrtle Beach SC, 29577

Price per sqft$206.34

Built in1960

Property size9,208 sqft

Property typeCondominium

Courtesy of Own Myrtle Real Estate Listing Contact: Cell: 516-233-0601

Overview

Active

Listed Apr 15, 2025

Updated 7 days ago

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.

Other Property Details

Association Fee Frequency: Monthly

Courtesy of Own Myrtle Real Estate

Listing Contact: Cell: 516-233-0601

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