BEDS0
BATHS
SQUARE FEET9,208
MLS#2509474
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNot within a Subdivision
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Year Built: 1960
Feature Descriptions
Community Features: Long Term Rental Allowed, Short Term Rental Allowed
Days on Site: 553
HOA Fee: 0/ Monthly
Parcel#: 44311020132
Units: 21
Local Schools
High School: Myrtle Beach High School
Middle School: Myrtle Beach Middle School
Elementary School: Myrtle Beach Elementary School
Listed By / Shown By
Listed By
Agency Name: Own Myrtle Real Estate
Agency Contact: Cell: 516-233-0601
Shown By
Agency Title: CENTURY 21 Thomas
Agency Phone: 888-249-2100
Estimate Your Payment
Estimated Payment
$ 4,782.74 per month $4,228.58 Principal & Interest $0.00 Property Tax (data not provided by mls) $554.17 Homeowner's Insurance
700 Mitchell Dr. | MLS# 2509474
This multi-family property located at 700 Mitchell Dr., Myrtle Beach, SC 29577 is currently listed for sale with an asking price of $1,900,000. Search Myrtle Beach real estate on www.century21thomas.com today.