706 Mitchell Dr Myrtle Beach, SC 29577
Downtown Myrtle Beach NeighborhoodEstimated payment $5,165/month
About This Home
PRIME MONEY-MAKING OPPORTUNITY! This 4-unit brick property is built for cash flow with low maintenance and long-term durability. Located in the heart of Myrtle Beach, it’s a perfect setup for high-performing Airbnb income or strong long-term rentals. Each unit has its own electric meter, qualifies for FHA financing, and is just minutes from the beach, shopping, and attractions. A rare chance to secure a true income-producing asset!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1998
Home Design
- 2,650 Sq Ft Home
- Brick Exterior Construction
- Slab Foundation
Location
- East of US 17
Schools
- Myrtle Beach Elementary School
- Myrtle Beach Middle School
- Myrtle Beach High School
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,589 | $37,509 | $15,383 | $22,126 |
| 2023 | $9,903 | $16,698 | $5,274 | $11,424 |
| 2021 | $4,679 | $16,698 | $5,274 | $11,424 |
| 2020 | $4,131 | $16,698 | $5,274 | $11,424 |
| 2019 | $3,592 | $29,222 | $9,230 | $19,992 |
| 2018 | $0 | $21,211 | $9,230 | $11,981 |
| 2017 | $0 | $12,120 | $5,274 | $6,846 |
| 2016 | $0 | $12,120 | $5,274 | $6,846 |
| 2015 | -- | $12,120 | $5,274 | $6,846 |
| 2014 | $3,064 | $12,120 | $5,274 | $6,846 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/19/2026 01/19/26 | For Sale | $824,000 | +7.0% | $311 / Sq Ft | |
| 06/23/2023 06/23/23 | Sold | $770,000 | -14.4% | $291 / Sq Ft | View Prior Sale |
| 03/14/2023 03/14/23 | For Sale | $899,999 | -- | $340 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2601686
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.
Provided courtesy of the Coastal Carolinas MLS. Copyright 2026 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.
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