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700 Mitchell Dr., Myrtle Beach, SC 29577 ACTIVE 1 of 18 700 Mitchell Dr., Myrtle Beach, SC 29577 — photo 2 700 Mitchell Dr., Myrtle Beach, SC 29577 — photo 3 700 Mitchell Dr., Myrtle Beach, SC 29577 — photo 4 700 Mitchell Dr., Myrtle Beach, SC 29577 — photo 5
1 of 18
Active
$1,900,000 Est. $13,092/mo — Get pre-qualified
0beds -baths 9,208sq ft

700 Mitchell Dr. · Myrtle Beach, SC 29577

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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.

Features & Amenities

Living Area9,208 Sq.Ft.
FireplaceNo
Year Built1960
StatusActive
SubdivisionNot within a Subdivision
CountyHorry
Property TypeResidential
Property SubTypeApartment
Days on Market535
Last UpdatedOct 2, 2026
HOANo
Community FeaturesLong Term Rental Allowed, Short Term Rental Allowed
ElementaryMyrtle Beach Elementary School Elementary School
MiddleMyrtle Beach Middle School Middle School
HighMyrtle Beach High School High School
Presented By: Own Myrtle Real Estate; OwnMyrtle@gmail.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 2, 2026 Price Reduced $1,999,000 → $1,900,000 ▾ $99,000 (5.0%)
Oct 22, 2025 Price Change $2,500,000 —
Dec 22, 2025 Price Change $2,499,000 —
Dec 29, 2025 Price Change $2,199,000 12
Mar 17, 2026 Price Change $2,050,000 7

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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Copyright © 2026 of the Coastal Carolinas Association of REALTORS® MLS. This information is deemed reliable, but not guaranteed. Neither the Coastal Carolinas Association of REALTORS®, nor the listing broker, nor their agents or subagents, are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Coastal Carolinas Association of REALTORS® for use by its members and is not intended for any other purpose. Broker ReciprocitySM information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated on a daily basis. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Oct 2, 2026