$2,500,000

700 Mitchell Dr Myrtle Beach, SC 29577

Estimated payment $16,016/month

Total Views 7,750
-- Bed
-- Bath
9,208 Sq Ft
$272 Price per Sq Ft

About This Home

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.

Listing Agent

Ester Esti Simantov

Own Myrtle Real Estate License #91220 Listed on: 04/15/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1960

Home Design

  • 9,208 Sq Ft Home

Location

  • East of US 17

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Community Details

  • 21 Units
  • Yaupon Circle Condos

Property Details

Home Type

Apartment

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1960
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 04/15/2025
  • Sold Total Heated Sq Ft: 9208
  • Sold Total Sq Ft: 10000
  • Total Heated Sq Ft: 9208
  • Complex Name: Yaupon Circle
  • Estimated Gross Scheduled Rent: $441,597.68
  • Estimated Operating Expense: $70,113.48
  • Number2 Br Units: 5
  • Numberefficiency: 16
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Total Sq Ft: 10000

Garage/Parking

  • Type: Apartments

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Lot Location: East Of Highway 17 Bypass
  • Zoning: Apartments

Multi Family

  • Number Of Units: 21

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $2,500,000 -- $272 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2509474

Coastal Carolinas Association of REALTORS®
South Carolina Horry County Myrtle Beach 29577

700 Mitchell Dr, Myrtle Beach, SC

This home is located at 700 Mitchell Dr, Myrtle Beach, SC 29577 and is currently priced at $2,500,000, approximately $271 per square foot. This property was built in 1960. 700 Mitchell Dr is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. 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, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

Nearby Homes
Ester Esti Simantov
Listing Agent
Ester Esti Simantov
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Own Myrtle Real Estate
(843) 977-3830