For sale

Price cut: $51K (6/1)

$1,999,000

700 Mitchell Dr., Myrtle Beach, SC 29577

--beds

--baths

9,208sqft

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Multi Family, Apartment

Built in 1960

-- sqft lot

$-- Zestimate^®

$217/sqft

$-- HOA

What's special

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. 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.

441 days

106

9

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Facts & features

Interior

Interior area

Total structure area: 10,000
Total interior livable area: 9,208 sqft

Property

Details

Additional parcels included: ,
Parcel number: 44311020132
Zoning: Apartments
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment
Attached to another structure: Yes

Condition

Resale
Year built: 1960

Community & HOA

Community

Features: Long Term Rental Allowed, Short Term Rental Allowed
Subdivision: Not within a Subdivision

HOA

Has HOA: No

Location

Region: Myrtle Beach

Financial & listing details

Price per square foot: $217/sqft
Date on market: 4/15/2025

Estimated market value

Not available

Estimated sales range

Not available

$1,913/mo

Price history

Date	Event	Price
6/1/2026	Price change	$1,999,000-2.5%$217/sqft
Source: CCAR #2509474 Report a problem
3/17/2026	Price change	$2,050,000-6.8%$223/sqft
Source: CCAR #2509474 Report a problem
12/29/2025	Price change	$2,199,000-12%$239/sqft
Source: CCAR #2509474 Report a problem
12/22/2025	Price change	$2,499,0000%$271/sqft
Source: CCAR #2509474 Report a problem
4/15/2025	Listed for sale	$2,500,000$272/sqft
Source: CCAR #2509474 Report a problem
12/13/2023	Listing removed	--
Source: CCAR #2305641 Report a problem
8/21/2023	Contingent	$2,500,000$272/sqft
Source: CCAR #2305641 Report a problem
6/12/2023	Price change	$2,500,000-3.8%$272/sqft
Source: CCAR #2305641 Report a problem
6/7/2023	Listed for sale	$2,600,000$282/sqft
Source: CCAR #2305641 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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